Rising Energy Demand Coupled with Increasing Share of Renewable Energy in the Power Generation Mix is driving the Offshore Wind Market
The global offshore wind market is projected to grow at a CAGR of 15.32% from 2017 to 2022. The growth of the offshore wind market is driven by increasing share of renewable energy in power generation, energy efficiency mandates demanding carbon emission reduction, and government incentives supporting renewable energy deployment. The global demand for electric power is increasing due to various factors...
Is the world ready to say “Hello Nuclear”?
The COP 21 summit in Paris has led to a renewed interest (a sort of) towards reducing the carbon emissions. Greenhouse gas reduction has got a boost again. Simultaneously, the volatility in the oil and commodities market continues to bother each and all. These days the other sources of energy (apart from oil & gas) seems to have taken a passive role in terms of news coverage. The lifting of ban...