Hobbled supply chain could stop wind doing its part for climate goals, warns GWEC - Recharge
Hobbled supply chain could stop wind doing its part for climate goals, warns GWEC | Recharge
Amid COP28 talk of tripling renewable energy by 2030, the Global Wind Energy Council has warned in a new report that a supply chain hobbled by a volatile market and “race to the bottom” mentality could mean the sector comes up short in keeping the 1.5°C pathway alive.
GWEC said today (Monday) that a deficient supply chain could leave the world with only three-quarters of the wind power it needs – meaning a 700GW deficit – by the end of the decade to meet climate targets.
Related Knowledge Center: ENERGY BASICS: renewables
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.