Global offshore wind report 2020

The offshore wind pioneers of the early 90’s might have known that they were creating something special by unlocking the power of wind at sea, but not even the most optimistic analyst at the time could foresee the  impact that offshore wind would have on the world’s energy mix.

30 years ago, there was not a single MW installed offshorebut if current market predictions are accurate, there could be up to 1,400 GW installed worldwide over the next 30 years. Offshore wind technology has also advanced dramatically over the past few decades. A single offshore wind turbine now has more capacity than the output of the world’s first two offshore wind parks combined. New technologies such as floating  foundations enable installation in deeper waters than previously considered, paving the way for new opportunities for offshore wind.