Offshore wind energy faces steady growth ahead of 2020

Annual growth of 30 percent in the offshore wind industry ahead of 2020, according to a new analysis.

Photo: DBB Jack-UP Services

With an expected average growth rate of 28.3 percent per year from 2013 to 2020, the growth in the offshore wind industry will remain strong going forward, according to a new analysis by MAKE Research, which looks at the future market for offshore wind energy.

Short-term demand in Europe, the primary market for offshore wind energy, is expected to stabilize ahead of a more transparent political situation.

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