Energy
High Impact

Offshore Wind Power

Wind turbines installed in ocean waters to harness stronger, steadier winds.

Overview

Offshore wind power harnesses the stronger and more consistent winds found at sea. Floating offshore wind technology is opening vast new areas for development in deeper waters. Modern offshore turbines can generate 15+ MW each, powering thousands of homes. The technology creates significant employment in manufacturing, installation, and maintenance. Europe leads deployment, but Asia and North America are rapidly expanding. Offshore wind is expected to become the backbone of many countries' clean energy systems.

Tags

wind energyoffshorefloating windmarine energy
Economic Impact
High Impact

Creating 500,000+ jobs globally, with projected $1T cumulative investment by 2040.

Emerged

2016