The International Herald Tribune - A report published in December by Emerging Energy Research predicts that the offshore wind energy market will surge to $30 billion over the next decade from its current $10 billion.

A report published in December by Emerging Energy Research, a consulting firm that tracks emerging technologies in global energy markets, predicted that the offshore wind energy market would surge to $30 billion over the next decade from its current $10 billion.

The estimate was based on assessments of current projects, planned projects, and international interest in projects.

Offshore wind projects are considerably more costly to build than onshore wind farms and have been aggressively pursued in only a few countries - principally Britain and Denmark. But offshore wind installations were now cropping up across Europe, said Keith Hays, the research director of wind energy at Emerging Energy Research.

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