Offshore wind market analysis: Vietnam to raise share of renewables with PDP8
In Vietnam, power generation relies mostly on coal burning, which accounted for 53% of electricity generation in 2020. Large-scale hydropower is another major contributor, providing 26% of electricity.
Floating wind turbine II: Floating structure technology and market trends
Floating wind turbines replace fixed underwater foundations with floating foundations. Different floating foundations go with different mooring systems. In the following paragraphs, InfoLink introduces two types of mooring systems, their components, and t
Offshore wind market analysis: South Korea raises capacity target to 18-20 GW For 2030
The Framework Act on Low Carbon, Green Growth, which was passed in August 2021. The act mandates the South Korean government reduce carbon emission from the 2018 levels by at least 35%, which was later revised to 40% by President Moon Jae-in in October. A
Market analysis: Japan to reach 10 GW offshore wind capacity by 2030
To realize carbon neutrality, the Japanese government released a new energy plan this year aiming to raise the share of renewable energy to 36-38% in the electricity generation mix by 2030, and increase the ratio of non-fossil energy sources (renewables,
Floating wind turbine I: global market forecast and policy summary
As shore areas with lower developing costs gradually saturated, and capacity connected to the grid of each region reached a limit, many countries shifted focus to floating wind turbines.
Producing hydrogen offshore amid global race to zero emissions
In the report “Net Zero by 2050: A Roadmap for the Global Energy Sector” published by the International Energy Agency (IEA) this May, more than 400 milestones are identified to guide the path toward a net-zero global carbon dioxide emissions by 2050.
Analysis of Asia Pacific Offshore Wind Market-Taiwan
Taiwan has set a target of sourcing 20% of electricity initially from renewables by 2025, but the pandemic delayed the progress of wind farms. Benefit from policy, offshore wind industrial chain in Taiwan will have a bigger bargaining chip in stage 3.
Floating wind turbines could be key offshore wind technology for the next decade
With nearshore wind becoming concentrated, floating wind turbines will emerge as an international trend.