The amount of ocean space occupied by installations will grow five-fold by 2050, driven by offshore wind, which will account for 80 per cent of stationary infrastructure at sea by midcentury, followed by aquaculture (13 per cent) and oil and gas (5 per cent), according to DNV.
Whilst ocean space is plentiful, industrial activity will be located primarily close to shore which will heighten the need for ocean coexistence, DNV said in its Spatial Competition Forecast.
