Industry
Continued growth especially for offshore wind depends, on how quickly the government can confirm policy and grid operators are able to supplement the grid.
Innovation is only going upwards these days with the new bill that really tie into this idea, creating all kinds of positive incentives.
In Asia Pacific, the pace of development and investment in renewable energy continues to outstrip other parts of the world supported by growing populations, robust economic growth and the greenfield nature of the power market in the region underpinned by relatively attractive government support initiatives and political impetus for building new infrastructure.
To enable the transition to 100% renewable energy over the next decade, we need an efficient permitting process; we do not expect to always get approval, but a faster process is required.
I am a strong believer in a long-term future built on a combination of renewable and circular solutions in a net zero GHG environment. When is that a realistic vision for? For us, it will take at least until 2050; technology requires further development and investments still need to take place.
Today, with the growth on the demand side and the technology we have available, wind and solar are cheaper than anything else.
