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Ørsted invests in supply chain as 8.5GW offshore target confirmed

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Ørsted invests in supply chain as 8.5GW offshore target confirmed | Windpower Monthly

Ørsted invests in supply chain as 8.5GW offshore target confirmed

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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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