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An idea that's worth floating – Pictet Asset Management

Why floating wind turbines could turn the tide in renewable energy.

Posted on Nov 04, 2022

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... Across the North Sea from Scotland to Norway, clusters of giant wind turbines generate abundant clean power for northwest Europe. Worldwide, however, offshore wind is rare because most oceans are too deep for turbines to be drilled into the sea floor. If the industry is to go global, turbines must float on the sea surface instead. Fifteen years after such a wind farm was first trialled off the coast of Italy, investment from energy companies finally appears set to take the technology mainstream.

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