Study Predicts Spending Surge for Offshore Wind Energy

Offshore wind energy installations, mainly off Europe, will attract $13.6 billion in investment during the next 5 years, predicted analysts Douglas-Westwood Ltd. in a market study published in mid-July.

The report says the offshore wind energy industry is set for strong, government-backed growth. It forecasts installations totaling 7,700 Mw
Oil & Gas Journal