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Although this estimate is likely to shrink by at least half when non-technical constraints are taken into account, the offshore wind resource still seems prodigious.
FORBES: Turn Baby, Turn - Offshore Wind Power Poised for Major Growth in U.S.
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The wind-power lobby has won a potentially game-changing victory in its full-court press to unlock the vast offshore wind resource off the coast of North Carolina.
FORBES: Wind Lobby Eyes the Big Prize in North Carolina
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The Danes have been blessed with an enormous wind resource, and with a geographic location that places them between much larger markets (that they can sell to and buy from), as well as huge hydro storage potential to the north.
FORBES: Denmark: 1,000 Megawatts Of Offshore Wind, And No Signs of Slowing Down
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Wind turbines can only supply electricity when the wind blows, and as long as inexpensive energy storage remains elusive, utility companies will have to combine wind with a resource that can be banked in reserve, like gas.
FORBES: Sibling Rivalry
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In Denmark, wind IS the main abundant energy resource.
FORBES: Denmark: 1,000 Megawatts Of Offshore Wind, And No Signs of Slowing Down
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However, given the rapid increase in demand for natural resources from countries like China and other BRICS countries, they have become the new targets of resource extraction and could wind up like the Hotspots within a few decades.
FORBES: Conservation International: Stemming the Tide of Environmental Crises, Part Two
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The deals were largely project financing, notably in wind energy projects in the U.S. and resource projects in Central and South America.
FORBES: Financial Institution Shorts
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Like wind and sunlight, the power of gravity is an infinite resource.
FORBES: Gravity May Soon Qualify As Renewable-Energy Resource in New York