Following a slowdown in worldwide construction output last year, 2018 will start a long period of growth, reaching 15% of total GDP by 2032, according to a new forecast.
To expand offshore wind in Europe and reduce the cost of connecting turbines farther out to sea by cable as coastal locations fill up, TenneT, a major European transmission grid operator, is studying the feasibility of building a $1.8-billion man-made wind-farm island in the North Sea between the U.K. and Denmark—and maybe others.
Finally, infrastructure’s moment may soon arrive in U.S. politics, but will critical projects such as replacing 19th-century sewer lines get the attention they deserve?