Big Oil and deep water to drive offshore wind to become $1.4trn market by 2050

Some 600GW of plant to be installed by mid-century as industry undergoes rapid expansion led by Europe and China, says IHS Markit report

E.On's Arkona offshore wind farm in the German Baltic
E.On's Arkona offshore wind farm in the German BalticFoto: Axel Schmidt/Getty Images
Published 13 May 2020, 11:04Updated 13 May 2020, 11:50