Global Offshore Wind Energy Market Share, Size, Analysis, Trends, Growth and Forecasts, 2016 to 2024 | Hexa Research
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Global Offshore Wind Energy Market Share, Size, Analysis, Trends, Growth and Forecasts, 2016 to 2024 | Hexa Research
" Europe is presently the largest offshore wind energy market size since it is the only region that has made significant investments in the field. Europe is expected to remain dominant over the forecast period."
Wind energy also known as wind power. Wind energy refers to the extraction of kinetic energy from the wind and conversion of it into a useful type of energy: thermal, mechanical, or electrical. This can be accomplished through the use of wind turbines to generate electricity, windmills for mechanical power, wind pumps for water pumping or drainage, or sails to propel ships.
Wind energy is an indirect form of solar energy. While some of the sun’ s energy is absorbed directly by the air, most of the energy in the wind is first absorbed by the surface of the earth and then transferred to the air by convection. Wind energy is recognized worldwide as a proven technology to meet increasing electricity demands in a sustainable and clean way.
Offshore wind energy has the added attraction that it has minimal environmental effects and, broadly speaking, the best resources are reasonably well located relative to the centers of electricity demand. Moreover, higher wind speeds at sea mean an increased energy production, as energy output is a function of the cube of the wind speed. Offshore wind farms can harness more frequent and powerful winds than available to land based installations.
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