Date of publication: 04/08/19.
It is has taken almost 30 years for the world to deploy 20 GW of offshore wind. According to IRENA , during the next 30 years, the world will witness an additional 500 GW of new offshore wind installed. The US with its high concentration of population and electricity demand along its coasts and Great Lakes is expected to contribute at least 100 GW of offshore wind, or 20% of the world’s market. The financing and insurance of these utility scale offshore wind projects is gaining importance and will contribute to the acceptance and speed of adoption in which offshore wind becomes a substantive part of this nation’s energy mix. Read white paper>>