Regardless of how you look at it, offshore wind farms are a growing, recession-proof industry. There will be a 10-year boom market in offshore wind farms starting now. [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy 10-Year Bull Market in This Little-Known Sector Christian DeHaemer | Jan 17, 2023 There are a number of problems with offshore wind farms. The biggest one is the depth of the ocean. Traditional wind farms have been built in relatively shallow water like on the east coast of the U.S. where the continental shelf is long and shallow. You can build foundations in the seafloor and build your turbines off of that. In many parts of the world, like on the west coast of the U.S., the shore drops off fast and runs deep. There is little room for standard seabed-anchored turbines. Off the coast of California, you must use floating offshore wind platforms (FOWPs). California planners envision massive wind farms floating 30 miles offshore that will produce enough electricity to power 25 million homes. About a month ago, California auctioned off wind farm leases, with the final bids hitting $757.1 million. According to Bloomberg, winning bids came from companies including RWE Offshore Wind, California North Floating, Equinor Wind U.S., Central California Offshore Wind, and Invenergy California Offshore. Globally, there are 20 such auctions happening this year. Actual construction is still five or six years away. That said, the growth trend is unmistakable. The Offshore Wind Market Report put out by the U.S. Department of Energy states that the pipeline for wind projects more than doubled from 91 gigawatts (GW) a year ago to 185 GW today. In addition, 96 megawatts (MW) worth is under construction worldwide, 288 MW of development is consented or in the preconstruction phase, 31 GW is in planning or has a lease agreement, and 153 GW is in early development or is going through the leasing process.  Waiting to Catch the Next Bull Market? What if I told you there was [a reliable way]( you could pinpoint the next bull market? You see, for the past 50 years, technology has carried even bear markets into epic bull runs. But todayâs tech has gone far too stale to save the market this time... And Big Tech is no longer a reliable indicator of a coming bull run. Now, this new strategy Iâm ready to tell you about involves one key figure that the Federal Reserve cares about most... And by tracking it, weâll know the exact moment the market will enter a new bull run. [Let me show you how you can also use this strategy to make a killing in this market.]( Regardless of how you look at it, offshore wind farms are a growing, recession-proof industry. There will be a 10-year boom market in offshore wind farms starting now. Here are the types of FOWPs: [wind] FOWPs are a relatively new science. There is one proof-of-concept farm that has been in operation for the past five years, consisting of five turbines running off the coast of Scotland. Are You Sick of Market Crashes Gutting Your Retirement Account? Thereâs a way to flip the market carnage into a legal fortuneâ¦Without shorting a single stockâ¦And without touching options, cryptos, or âmeme" stocks. This radical âblueprint'' could help anyone turn $500 into $1.2 million in under a year. [For more details, go here now.]( However, just recently, Japan joined the fray. According to industry newsletter Electrek: Japanâs first large-scale offshore wind farm started operation on December 22 â a major milestone in the countryâs transition to renewables. Japan already operates several demonstration offshore wind turbines, but this is its first commercial offshore wind farm. The 140 MW project consists of 33 turbines. It is located 300 miles northwest of Tokyo in the Sea of Japan. It is expected that these turbines will put out enough power to feed 150,000 homes for 20 years. Currently, Japan uses renewable energy for 25% of its electricity. It plans to bump that up to 38% by 2030. This will mean a lot more FOWPs that will produce 10 GW of wind energy by 2030 and up to 45 GW by 2040. Many other countries, including Australia, Norway, the U.K., Germany and Spain, have FOWPs on the drawing board. That means it's game on for investors like us. The problem is that most companies that build turbines are large multinational companies like GE that have a sprawling range of goods for sale. You wonât get a 10-bagger from GEâs turbine business. It is simply not a large percentage of the company's sales. It wonât move the needle. That said, I did find one company, a pure play on offshore wind farms, that is trading just over $10. I recommended this company to my readers in Christian DeHaemerâs Bull and Bust Report this month. The stock has doubled since July and is up 5% since my recommendation went out last Monday. But itâs not too late. This stock has been held back by the general bear market in equities. Once Wall Street realizes the potential in FOWPs, this stock will do a moonshot. [Join us and Iâll tell you all about it](. If you donât like the idea, cancel and get your money back. When you see it, youâll be like, âWhy didnât I think of that?â All the best, [Christian DeHaemer Signature] Christian DeHaemer [[follow basic]Check us out on YouTube!]( Christian is the founder of [Bull and Bust Report]( and an editor at [Energy and Capital](. For more on Christian, see his editor's [page](. [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-877-303-4529](tel:/18773034529).