Fossil fuels are expected to dominate the primary energy mix thru 2040, even in scenarios where countries meet the Paris Agreement’s climate goals.

In addition, South African authorities intend to ease licensing requirements for new embedded generation projects, which could unlock up to 5,000 MW of additional capacity.

Combined, they accounted for or 22,451 megawatts (MW) or more than three-quarters (78.09%) of the 28,751 MW of new utility-scale capacity reported to have been added last year. Wind (13,626 MW) and solar (8,543 MW) each contributed more new generating capacity than did natural gas (6,259 MW).

“[T]hese investments will create jobs and growth. Every new offshore wind turbine generates EUR 15 million of economic activity. We expect the 77,000 people working in offshore wind today in Europe to be 200,000 by 2030,” Dickson said.

the share of renewables in the U.S. electricity generation mix will increase from 21% in 2020 to 42% in 2050.

The evolution to a more digital and carbon-free grid and industry will continue.

Wind-powered electricity has increased in the United States as more wind turbines have been installed in recent years.

Northern Indiana Public Service Co LLC (NIPSCO), a subsidiary of NiSource Inc (NYSE:NI), on Monday announced the completion of two wind parks in Indiana with a combined capacity of 502 MW.

The GBP-6.5-billion (USD 8.8bn/EUR 7.3bn) mega-project, with its three separate wind farms in the plans, would use over 200 units of the Siemens Gamesa 14-MW turbines.

According to the Ministry of Energy of Chile, 94 power projects with a combined capacity of 6,016 MW are expected to be connected to the National Electric System in 2021, for a total investment of over US$10,450m.

The two companies will also establish a strategic partnership in the US offshore wind sector, seeking new opportunities.

In November 2020, the Spanish Council of Ministers approved a decree establishing a new regulatory framework for renewable energy auctions, the Economic Renewable Energy Regime (Régimen Económico de Energías Renovables, REER).

South Africa intends to launch three tenders for 6.8 GW of renewable energy sources and 5 GW of new coal, gas, and storage projects in 2021-2022.

The two wind power plants, which will be powered by 200 turbines, have a total investment value of US$1.3bn.

In December 2020, the French government selected an area located 32 km off the coast of Cotentin (Normandy) to build a 1 GW offshore wind project.