7min chapter

Bloomberg Businessweek cover image

Live from the Bloomberg Philanthropies Earthshot Prize Innovation Summit

Bloomberg Businessweek

CHAPTER

Navigating the Wind Energy Surge

This chapter explores the rapid growth of the global wind industry, marked by a record installation of new capacity and critical government support in key markets like China. It discusses the challenges of planning and executing offshore projects, the impact of bureaucratic delays, and economic factors that affect profitability. Additionally, the chapter contrasts the development needs of mature and emerging markets, while addressing the implications of oversupply in the energy sector and the necessity for improved grid connectivity.

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