Report predicts steady growth globally in floating offshore wind

Oct. 12, 2022
RenewableUK says the global pipeline of floating offshore wind projects has more than doubled in capacity in the past year and stands at 185 GW.

Offshore staff

LONDON  RenewableUK says the global pipeline of floating offshore wind projects has more than doubled in capacity in the past year and stands at 185 GW.

Over the same period, the association’s “EnergyPulse Insights” report found that the number of projects has increased from 130 to 230. That includes projects that are operational, under construction, approved, in the planning phase or at an early stage of development.

The UK leads with more than 33 GW of floating wind capacity in prospect from 51 projects, against 23 GW a year ago from 29 projects, in the UK North Sea, Celtic Sea and the North Atlantic Ocean.

Globally, 121 MW is fully commissioned among nine projects in seven countries, while 96 MW is under construction, 288 MW consented or are in the pre-construction phase, 31 GW are in planning or with a lease agreement, and 153 GW are in early development or in the leasing process.

In Europe, 107 GW of floating capacity is under development. Most of the remaining capacity is in leasing areas off the west coast of the US and project proposals off southeast Australia and South Korea.

Demand for floating foundations demand is also set to surge, with the potential for nearly 1,000 floating foundations to be installed in UK waters by year-end 2030 and 3,200 floating foundations globally over the same period.

10.12.2022

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Courtesy RenewableUK’s June 21, 2022 EnergyPulse market intelligence data report
In terms of operational capacity, China leads with 24.5 GW, the U.K. is second at 10.5 GW, Germany is third with 7.7 GW, The Netherlands is fourth at 3 GW and Denmark is fifth with 2.3 GW.