“A modern-day gold rush” is how the potential for wind energy development of the coast of California - the site of a previous gold rush, circa 1849 - was described by one trade association, the Business Network for Offshore Wind.
Menon Economics, an Oslo consultancy, has forecast that floating offshore wind could create more than 50,000 new jobs and win a 5-14% share of the global floating market by the middle of the century.