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UK’s Wind Market May Get Post-2025 Boost, says Bloomberg Intelligence

April 5, 2023 · WoREA · World of Renewables
Wind power image scaled

A new report from Bloomberg Intelligence (BI) on the UK’s wind market states the UK government’s plan to streamline permitting for offshore wind projects could accelerate demand for Vestas and Siemens Energy, yet multiyear project lead times suggest the change won’t yield much before 2025-26. With about 18 gigawatts of capacity additions likely in 2023-27,...

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