Offshore Wind Market Expected to Reach $50 bln by 2023
The global offshore wind energy market is poised to grow over USD 49.74 billion by 2023 at an estimated CAGR of around 11.12% during the period 2017 to 2023.The growth in this sector can be attributed to the increasing demand for clean and reliable energy in order to reduce the global carbon emissions and to maintain ecological balance by generating electricity through renewable resources, said a report by Market Research Future.However, high initiating capital cost of the projects with high maintenance cost and logistics issues, can hinder the offshore wind market. Also, high tidal winds and bad weather conditions making it difficult…
DNV GL & “The Future of Spaceship Earth”
At a presentation this morning at the United Nations in New York, Remi Eriksen, CEO, DNV GL led a presentation on “The Future of Spaceship Earth,” a global forecast on the outlook for the world to 2050. The skinny: The world needs to move further, faster on multiple fronts to ensure the sustainable future of the planet. Calling for “extraordinary action” to achieve the 17 Sustainable Development Goals (SDG’s) as presented in 2015, Remi Eriksen, CEO, DNV GL introduced “The Future of Spaceship Earth,” a global forecast on the outlook for the world to 2050, at the UN in New York this morning.
Hollande To Meet GE Chief To Discuss Alstom
President Francois Hollande and his Economy MinisterArnaud Montebourg will meet General Electric chief executive Jeff Immelt on Monday to discuss the future of French engineering group Alstom, a presidential official told Reuters. The meeting follows news last week that GE is planning a $13 billion deal to buy Alstom's power turbines business, and comes after the intervention on Sunday of the French government and industry rival Siemens of Germany. Reporting by Elizabeth Pineau; Writing by Andrew Callus; Editing by Andrew Roche)
