Harnessing just 10% of the identified global offshore wind resource would generate more electricity than the current demand worldwide, according to the latest calculations by the World Bank.

The bank, as part of an ongoing sector-specific development programme, put the technical potential globally at more than 71TW, of which some 16TW was found off so-called emerging market nations.

“Just 1% of the world’s offshore wind resource could provide 10% of our electricity demand,” Mark Leybourne, the project’s leader at the World Bank,” said in a LinkedIn post.