The Next Trillion-Dollar Energy Industry

The global wind industry is expected to become a $1 trillion business, according to the International Energy Agency. The industry will grow by 13 percent per year, passing 20 GW of annual installations by 2030. Around 150 new offshore wind projects are expected to move forward in the next five years. The nascent industry is still far behind other sources of energy, including other renewables. But the potential is nearly limitless. “The best offshore wind sites could supply more than the total amount of electricity consumed worldwide today,”…