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Big Wave of Development Expected
ATLANTA, GA – (December 10, 2020) – ScottMadden, Inc., one of North America’s leading management consulting firms specializing in energy, recently released its latest edition of The ScottMadden Energy Industry Update (EIU). Themed “Running Up That Hill,” this report explores how in the midst of and beyond the COVID-19 pandemic, many efforts in the energy industry can feel like running uphill, yet progress continues.
Development of offshore wind facilities is growing worldwide. Offshore wind offers unique advantages compared to other renewable energy technologies. These include an abundant supply of wind in coastal regions with large loads, a steadier speed compared to onshore wind, and it is strongest during peak-load hours. Technology improvements are also lowering energy costs and increasing potential capacity. However, challenges exist for the emerging industry.  ....

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