The International Energy Agency (IEA) predicts, global energy requirements to increase until through 2040. As worldwide decarbonization efforts boost renewable energy usage, wind power is forecasted to play an increasingly prominent role in global energy. With average annual growth of more than 20%, wind power is the second-largest renewable energy source behind hydroelectric, and the industry is expected to receive trillions in investments in the coming decades in efforts to improve performance while lowering costs. To achieve these goals and become a leading global energy source, wind power companies can accelerate innovation by incorporating advanced engineering simulation into their development processes.
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