Offshore wind power could make up 85% of 1.4TW build out of renewable ocean energy plant by 2050, according to new calculations from developer-led industry body the Ocean Renewable Energy Action Coalition (OREAC), setting a new high-water mark for rapidly growing sector’s potential in the global energy mix.
The forecast, based on figures from the International Renewable Energy Agency (Irena), calculates offshore wind, floating solar, tidal and wave power could together meet nearly 10% of the annual global greenhouse gas emissions reductions needed to remain on a Paris-compliant 1.5°C
