This Rolling Stone article discusses wind power. The International Energy Agency predicted offshore wind will be a $1 trillion industry by 2040.
Last week, the International Energy Agency (IEA) predicted a boom in renewable energy, forecasting the power capacity for renewable sources will increase 50 percent over the next five years. One of the most fertile settings for an explosion in renewable power, the IEA revealed in a study released days later, is off the world’s coastlines — specifically less than 37 miles off coastlines where the water is less than 60 meters deep. Wind farms constructed in these regions could potentially generate 36,000 terawatt hours of renewable electricity a year, the study found, well above the current global demand of 23,000 terawatt hours.