Renewable Construction Slump Starts in 2028, Forecast Shows

October 9, 2025

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Renewable Construction Slump Starts in 2028, Forecast Shows
Offshore Wind Projected to Decline More Than Other Resources
BloombergNEF
Oct 9, 2025
| David Krause

Construction of new wind, solar and energy storage facilities will decrease significantly over the next five years, a BloombergNEF analyst said in an presentation to the California Energy Commission.

Battery Electric StorageCalifornia Energy Commission (CEC)Federal PolicyLight-duty vehiclesNatural GasOffshore WindOffshore Wind PowerUtility scale solarUtility-scale Solar
Keywordsbattery energy storage systems (BESS)BloombergNEF (BNEF)California Energy Commission (CEC)floating offshore wind (FOSW)renewables
David Krause
CAISO CEO, Others Point to Reliability Aspect of BPA’s Market Decision
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