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Offshore Wind Energy Market definition

Wind Energy (© rost19 /

Wind Energy (© rost19 /

This is an incredibly important and exciting time for making investments in wind energy. For too long now, our dependence on fossil fuels has put a strain on our planet and on our economy. As supplies dwindle, we are being left with no choice other than to look to other forms of energy. One of the most appealing of these options is offshore wind energy. This is energy that is harvested from the wind, usually by large turbines that are situated off the shore where they can catch large amounts of wind. But how is this market looking?

The offshore wind energy market is concerned with collecting energy from wind using large wind turbines situated in the ocean. By installing these off the coast, they are able to collect more wind and thereby provide a much steadier rate of energy delivery. With more and more effort being made to transition to purely green forms of energy, it is highly likely that we will see this market grow immensely.

How Wind Energy Works and Why it Really Comes From the Sun

Did you know that most forms of energy can actually be traced back to the sun? We tend only to think of something like a solar panel as harnessing the power of the sun, but in fact the truth is that most types of sustainable energy actually come from the sun.

For example, when you use biofuel, you are actually reusing energy that has been stored by plants. And where does that energy come from? The sun! Likewise, the same is also true when we use fossil fuels. The only difference here is that this biomass is made up of both plants and animals (though all the energy still originates from the sun) and has since been compressed under the ground. When you burn it, you actually release energy stored by the sun. Harnessing wind energy may seem novel but it is in fact still just another way to utilize energy from the sun.

So, what okabout wind energy?

If you don't remember your high school geography/science then you might have forgotten where wind comes from. Essentially wind is caused by air pockets and pressure. Because pressure likes to 'equalize' – in other words spread out into any space evenly – this means that if there are any 'gaps' in something like the air that more air will rush in to fill it.

What happens then is that when the temperature of the surface of the ground is comparatively hot, this causes the air near it to heat up and rise (it is lighter because it has more energy) which in turn means that the air above it then rushes down to fill the void left behind and to equalize once again. This rush of air is what we call 'wind' and what powers our wind farms.

Pros and Cons

The benefit of wind energy is of course that it is renewable (more on about how it works below). That means that it doesn’t need to be mined and it means that it won’t ever run out. This makes it a savvy investment, as a single turbine or wind farm can help to provide energy indefinitely.

Not only that, but relying on wind energy means that we aren’t relying on dwindling resources that will one day run out. For this reason, governments are leaning on citizens and businesses to use more wind energy and councils are increasingly considering the benefits of switching to renewable energy sources. As an investor, that makes this a good option.

At the same time though, wind energy also has some disadvantages. For one, when the wind velocity is low, less energy is collected. The ability to store energy and the off-shore location helps to mitigate these factors somewhat, but it is still worth considering. At the same time, it’s also important to remember that wind energy still has an environmental impact. By driving turbines for instance, you are actually slowing down the wind and preventing it from making use elsewhere.

It is very important to consider the competition here as well. For example, other forms of renewable energy include solar power and geothermal.

Statistic: Installed capacity of wind energy worldwide from 2000 to 2017 (in megawatts) | Statista
Find more statistics at Statista

The Green Homes of Tomorrow

Either way, you can expect to see many innovations making homes more energy efficient even before we being to change the power supply from the grid.


While automation may seem frivolous, it does have uses other than keeping us sat on the sofa. If you can automate all of your lighting and heating for instance and program it to react in certain ways, then you can precisely calculate the amount of energy that you're going to use in a year. This tight control will then allow us to employ more efficient protocols so that we never forget to turn off the light and so that we always use precisely the amount of energy we need. We might even someday see a world where only the lights we're nearest come on and never brighter than necessary.


Of course, we can also expect the efficiency of our appliances to improve to the point where we can have the rooms just as toasty and just as bright but use considerably less energy to do so. As technology improves and engineers come up with smarter and smarter solutions, washing machines may no longer be quite the energy hit that they once were. Energy saving light bulbs, electric showers and double glazing are all examples of technologies that have been adopted in the last few decades and we can only expect more of the same going forward.


Water clinging to your windows and walls looks bad, but it also 'steels' heat energy from your rooms in order to evaporate. In the future though this is something we won't need to worry about thanks to coatings of nano-materials that can completely seal surfaces and prevent anything from gripping to them or being absorbed. In the future you'll be able to throw a bucket of water at your window and it will remain completely dry.

openPR-Tip: Other uses for nanotechnology are looking to take this further, even building little power cells into your windows to enable them to generate electricity from outside heat. Eventually your entire home might be one giant solar panel.

Press releases

Offshore Wind Energy Market 2022 | Detailed Report
The Offshore Wind Energy research report studies primary and secondary research in order to analyze the data effectively. The market study further also draws attention to crucial industry factors such as global clients, potential customers, and sellers, which instigates positive company growth. In order to gauge the turning point of
Offshore Wind Energy Market Analysis Report 2022 - 2030
Acumen Research and Consulting has announced the addition of the "Offshore Wind Energy Market" report to their offering. The Offshore Wind Energy Market Report 2030 is an in depth study analyzing the current state of the Offshore Wind Energy Market. It provides brief overview of the market focusing on definitions, market
Offshore Wind Energy Market Share | Industry Report, 2023
Offshore wind energy market size is anticipated to exceed USD 130 billion by 2023. Rising number of wind farms is expected to drive the market growth over the forecast period. Request for an in-depth table of contents for this report @ Europe offshore wind energy market is expected to dominate the
Offshore Wind Energy Market Outlook, Share, Analysis 2022
The increasing advantages of offshore wind energy over its onshore counterpart is a major factor boosting the global offshore wind energy market, states Transparency Market Research in its latest report. The report, titled “Offshore Wind Energy Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2022”,
United States Offshore Wind Energy Market Report 2021
Summary This report studies sales (consumption) of Offshore Wind Energy in USA market, focuses on the top players, with sales, price, revenue and market share for each player, covering Donghai Bridge Suizhong Offshore Wind Energy Changdao Offshore Wind Energy Weihai Offshore Wind Farm Zhoushan Daishan Offshore Wind Farm Nantong Offshore Wind Farm Cangzhou Offshore Wind Farm Nan Ao Offshore