Ocean Energy Market Set to Grow as Requirement for Renewable Energy Sources Surge: Grand View Research, Inc.
Increasing energy demand coupled with growing importance for renewable energy sources is expected to drive the global ocean energy market. Strategic initiatives by developed countries of EU such as Germany, Italy and Sweden to accelerate their shift towards renewable energy are expected to complement the market growth over the next six years. Volatile crude oil prices coupled with energy security concerns of energy dependent nations such as China and India is project to further drive the global ocean energy market....
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