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    Sat, 7th Mar 2020 14:03:00
    Offshore Wind To See $200 Billion Expansion By 2025
    Despite lower returns than offshore oil and gas, offshore wind will become an increasingly attractive investment destination in the energy transition. Global investments in offshore wind are expected to total US$211 billion between 2020 and 2025, and the offshore wind market will become more attractive to oil and gas companies, Wood Mackenzie said in a new report this month. Over the next five years, growing investments in offshore wind are set to narrow the gap with offshore oil and gas investments as capital expenditure in offshore upstream is set to stabilize until 2022 and then drop through 2025, said Søren Lassen, senior offshore wind analyst, and Mhairidh Evans, principal upstream supply chain analyst at WoodMac.
    Read original full article
    #General Clean Energy
    #Wind Power
     
         



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    Energy News
    How bankruptcy helps the coal industry avoid environmental liability
    Wed, 10th May 2023 18:04:00
    German lawmakers mull creating first citizen assembly
    Wed, 10th May 2023 17:00:00
    Yousaf: Just transition away from oil and gas is a moral imperative
    Wed, 10th May 2023 14:15:00


    How bankruptcy helps the coal industry avoid environmental liability
    Wed, 10th May 2023 18:04:00
    German lawmakers mull creating first citizen assembly
    Wed, 10th May 2023 17:00:00
    Yousaf: Just transition away from oil and gas is a moral imperative
    Wed, 10th May 2023 14:15:00


     
             
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