February 6, 2018 Read More →

France to Overtake U.S. and Germany in Offshore Wind Race

Bloomberg Technology:

Europe’s wind-power industry expects new French offshore turbine installations to overtake the U.K. and Germany by 2022, boosting President Emmanuel Macron’s pledge to increase renewable energy.

Construction off the French coast is expected to ramp up from 2020 and turn the country in the fourth-biggest offshore wind generator with about 4.3 gigawatts capacity by 2030, according to the Brussels-based WindEurope industry group.

Macron has repeatedly promised to turn France into a green energy leader and reduce the country’s reliance on nuclear power. He’s trying to cut through bureaucratic red tape that has delayed offshore wind projects tendered in 2012. His government said in November that it aims to trim offshore project development to less than seven years from more than a decade.

More: France Set to Become a European Offshore Wind Powerhouse by 2022

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