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RENEWABLEUK RELEASES
floating offshore wind intelligence report There is no one solution to the challenge posed by climate change. Indeed, our netzero ambitions can only be realised through a combination of different innovations, cross-industry collaboration and nationwide dedication. Floating wind is only one part of the jigsaw, but it has been heralded for its potential to become a major contributor to decarbonisation both in the UK and further afield. As the professional association presenting all areas of renewable energy in the UK, RenewableUK has published its latest report on floating offshore wind to demonstrate how far we have come and how far we could yet go in the future.
www.ogv.energy I December 2021
THE CURRENT LANDSCAPE One of the key findings of RenewableUK’s latest Floating Offshore Wind Project Intelligence report is that global floating offshore wind has the potential to deliver an estimated 54GW of offshore wind, if the vast number of projects around the world currently in development are fully constructed. Some of the biggest players in the market include Oceanex, OX2, Iberdrola, Renexia, Equinor and TotalEnergies, and projects are being progressed across Europe, East Asia, North America and Australasia.
Across the whole of Europe, approximately 19,500MW is currently being developed and lease auctions are underway that could result in an additional 9,800MW of floating wind projects depending on their outcome. As would be expected by the UK’s trailblasing approach to innovation and supply chain optimisation across the entire renewable energy field, our pipeline of projects continue to lead the way with a capacity at 8,808MW, compared to Ireland’s 7,700MW, Sweden’s 6,227MW, Italy’s 3,654MW, Norway’s 1,611MW and Spain’s 1,477MW. Looking further afield, there is an estimated 16,345MW of floating offshore wind capacity in development around the world, outside of Europe. Approximately 5,460MW is also currently moving through the leasing process, with countries such as Australia, South Korea, the USA, Taiwan and Japan demonstrating the most growth in floating offshore wind.
