The global offshore wind industry is grappling with near-term challenges even as it eyes substantial long-term growth, according to Irfan Choudry, Director of Power and Renewables Consulting at S&P Global. Speaking at the 13th Asia Offshore Wind Day, Choudry described a sector facing rising costs and supply chain bottlenecks, while being buoyed by ambitious government targets and technological advancements.

Typhoon Krathon’s erratic movement and prolonged stay over Taiwan have sparked discussions about which AI models can most accurately predict its trajectory. Research from various companies indicates that the key factors in improving weather prediction accuracy remain data, algorithms, and vast computing resources. A significant challenge lies in integrating new technologies into existing systems without substantially increasing computational demands.

Typhoon Krathon has hit Taiwan with significant force, moving slowly across the island. As of October 3rd, southern Taiwan, including Kaohsiung, Tainan, and Pingtung, is experiencing its third consecutive day off, while northern counties and cities have had two days off. Given Taiwan’s critical role in the global supply chain, concerns are mounting about whether the typhoon will affect the stability of the ICT industry’s supply during the traditionally slower fourth quarter of 2024.