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Global Offshore Wind 2023 poll: Commodity shortages and inflation top delegates' concerns

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Global Offshore Wind 2023 poll: Commodity shortages and inflation top delegates' concerns | Windpower Monthly

Global Offshore Wind 2023 poll: Commodity shortages and inflation top delegates' concerns

Offshore wind companies fear bottlenecks and high inflation could pose significant risks to the supply chain, industry representatives told Windpower Monthly at RenewableUK's Global Offshore Wind 2023 conference in London this week.

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Related Knowledge Center: ENERGY BASICS: renewables

State of Play

Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.

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