The expansion of the renewable energy sector is bolstered by the escalation in damages observed in the global environment. Reports that evaluate the energy and power industry have been made available by Market Research Future which creates reports on several industry verticals that review the market growth and prospects. The market is projected to develop at a CAGR of 9.50% in the upcoming forecast period.
The global offshore energy storage market is poised to experience a notable growth at 9.50% CAGR over the estimated years (2018-2023). Offshore energy storage simply put means storing energy produced by offshore oil and gas storage systems or wind turbines. This technology aids to store surplus energy that can be utilized later on. The aim of offshore energy storage is to offer reliable electrical network by offering ... Read more