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Wind group expects rapid growth in 2023, just in time for Biden's offshore push - MarketWatch

MarketWatch · last updated

Wind group expects rapid growth in 2023, just in time for Biden's offshore push - MarketWatch

An optimistic global report on the outlook for wind energy issued Monday bodes well for recent announcements in the U.S., which is pushing offshore to try to harness more green-energy replacements for coal, oil and gas.

The Brussels-based trade association Global Wind Energy Council in a report projected 680 gigawatts of new global onshore and offshore wind will be installed by 2027. That represents enough wind to power about 657 million homes annually.

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