Governments worldwide are expected to seek more proposals for wind power stations to produce electricity in coastal areas this year. The new international wind power developments could produce more than 30 gigawatts of electricity. That is almost as much as the 35 gigawatts currently produced around the world. Some industry experts say the business environment for wind power is very competitive. Several European oil companies including Total, BP and Shell plan to quickly expand their renewable energy businesses. They aim to reduce dependence on oil and gas production to satisfy investors who want long-term business plans that result in less pollution. Many governments are also ordering electricity companies to meet increasingly lower pollution targets. Big oil companies are entering the renewable power market although it is less profitable than traditional operations.
