Better Method to Predict Offshore Wind Power

Offshore wind is rapidly maturing into a major source of renewable energy worldwide and is projected to grow by 13% in the next two decades and 15-fold by 2040 to become a $1 trillion industry, matching capital spending on gas- and coal-fired power generation. In the United States, for instance, New York and New Jersey recently awarded two offshore wind energy contracts to help achieve their targets of renewable energy integration.

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