Oil and Gas Companies See Offshore Wind Potential in North Sea

Yale Environment 360: An increasing number of oil service companies are working with renewable energy companies to develop offshore wind projects in the North Sea as the region's fossil fuel resources dwindle and demand for clean energy rises. According to a report by Bloomberg News, companies such as Technip and Subsea 7 are seizing on the similarities between developing deepsea oil installations and building offshore wind platforms. For wind energy developers, as much as 25 percent of capital spending includes services...

URL: http://e360.yale.edu/digest/oil_and_gas_companies_see_offshore_wind_potential_in_north_sea/3444/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+YaleEnvironment360+%28Yale+Environment+360%29