In Europe, investment in the offshore wind industry has grown at an annual average rate of 30% in the past five years. Elsewhere – such as in the Americas and China – the industry is striving to follow Europe’s lead. But first these regions must overcome a raft of barriers, namely technological concerns, regulatory issues, and geographic limitations.
S&P Global Ratings’ report, “Offshore Wind Projects Take Off As Technology Improves And Costs Fall”, explores the factors driving offshore wind projects, the challenges these developments face, and where the next, untapped opportunities for offshore wind power lie.
Following outreach by Moorgate, the report was covered by the specialist press, including: E&E News, FD.BKX.COM.CN (article published in Mandarin), Windpower, Engineering and Development, BNAmericas, Energy News and Business Green.