Offshore wind could become a $ 1 trillion industry over the next two decades, and renewable energy in general will create an investment opportunity of between $ 8 trillion and $ 16 trillion by 2030, according to some of the reports recently published. Meanwhile, oil & gas giants are making concrete steps in the renewable energy realm and, given the deep oil & gas pockets, they might significantly contribute to the surge of the renewable energy investments.

Goldman Sachs, in its Carbonomics report from mid-June, has identified a total investment opportunity in clean energy infrastructure of up to $ 16 trillion by 2030, including renewable energy sources such as wind and solar, as well as green hydrogen, carbon capture and storage, and technologies required to de-carbonise the energy value chain.