For the offshore wind sector in general, 2020 is shaping up to be a very successful and promising year.

The main question is how to design a better system of Generation, Transmission and Distribution of Electric Energy, with low carbon, without reducing the reliability and without imposing undue and unnecessary costs.

"Nuclear power is enjoying a sustained growth in capacity at the fastest rate in 25 years,"

EIA forecasts wind’s share to reach 10.3% in 2021.

President Xi Jinping said China's carbon emission will peak by 2030 and it will attain carbon neutrality by 2060, and thus make a huge contribution to the global fight against climate change.

The government in the summer earmarked 7 billion euros ($8.25 billion) for the build-up of green hydrogen in Germany, plus a further 2 billion euros to set up partnerships with other countries.

EIA forecasts Brent crude oil prices will average $47/b in 2021.

Russia’s energy-related CO2 emissions in 2019 were around 20% below their 1990 level, at around 1 750 MtCO2.

Total recently shipped its first carbon-neutral LNG cargo sourced from Australia’s Ichthys LNG to CNOOC. The emissions created by the LNG cargo were offset by carbon credits procured through investments in wind energy and forest protection projects.

It’s possible that the coming transportation revolution will greatly reduce demand on the grid.

Utility-scale wireless transmission is another one that could change the way the grid operates.

In total, $867 billion has been invested since 2015, when the Paris Agreement was struck to limit global warming.

The United States formally exited the Paris Agreement on Wednesday,

Pursuing the opportunities created by the “energy revolution” facing the world’s major economies should help to boost net profit by more than 40% from 2019 to 5 billion euros in 2025, Iberdrola said.

Increasing annual investment to $2 trillion per annum between 2021 and 2023 will encourage more private sector investment, providing an effective stimulus for the global economy.