Analyst Sees Surge in Offshore Wind Projects

More than 2,300 wind turbines are expected to be installed offshore, primarily off the UK, over the next 5 years at a cost of $13 billion, said John Westwood of Douglas-Westwood Ltd.

High prices for oil and natural gas have greatly improved the comparative economics of offshore renewable energy, a technology that has been attracting considerable attention as onshore sites are used up, Westwood said at a meeting in Aberdeen.
Oil & Gas Journal