Why Tesla Is Interested In Offshore Wind

Platt’s recently reported that global offshore wind capacity
could double to 34 GWs by 2020, growing at a compound rate of 19
percent per year. The rapid expansion would be driven chiefly by
new capacity in the North Sea and China. In fact, offshore capacity
in East Asia will outstrip that of Europe by 2022. But what about
the U.S.? Rapidly declining costs, improving reliability and the
success of the first offshore installation in Rhode Island are
encouraging companies to take further chances on offshore wind. New
offshore projects are attracting…

Platt’s recently reported that global offshore wind capacity
could double to 34 GWs by 2020, growing at a compound rate of 19
percent per year. The rapid expansion would be driven chiefly by
new capacity in the North Sea and China. In fact, offshore capacity
in East Asia will outstrip that of Europe by 2022. But what about
the U.S.? Rapidly declining costs, improving reliability and the
success of the first offshore installation in Rhode Island are
encouraging companies to take further chances on offshore wind. New
offshore projects are attracting…