Offshore wind capital spend heads for 2030 'crossing point' with oil & gas in key plays

Global sea-based wind power markets foreseen jumping 70% to $87bn by end of decade led by Europe, China and the US, as expenditure in hydrocarbon E&P slows, says analyst Rystad

. Equinor's UK Dudgeon.
. Equinor's UK Dudgeon.Foto: Equinor/Woldcam
Published 2 November 2021, 08:13Updated 19 October 2023, 07:01
USEuropeAsia-PacificChinaRystad Energy