Only three commercial floating offshore wind projects are currently operational
Floating offshore wind pipeline grows to 85GW
Deployment will take off first in the UK, France, South Korea, Japan and Norway, report says
The global pipeline of floating offshore wind projects has reached 85GW, with more than 10GW on track for commissioning before 2030, according to a recent report by UK government-backed innovation centre ORE Catapult. Of the planned capacity, 17GW has already secured site control or exclusivity but only c.500MW has received full consent and is fully permitted, the report says. Offshore wind is dominated by fixed-bottom turbine technology and, while pilot floating turbines have been installed throughout the world, only three commercial projects have begun operations—in the UK and Portugal. Development of new floating projects is likely to accelerate in the UK, France, South Korea, Japan, and
Also in this section
5 December 2024
Completion of phase-one construction expected in 2027 as technology providers SLB and Linde take equity stakes in one of world’s largest CCS projects
5 December 2024
The new edition of Outlook, our annual publication about the year ahead for energy, produced in association with White & Case, is available now
27 November 2024
The agreement by the parties to raise at least $300b/yr for developing countries by 2035 was derided as a betrayal by the Global South, but the UN urged pragmatism
26 November 2024
Agreements on how to operationalise both Article 6.2 and 6.4 will mean countries can start to trade emissions reductions as part of their contributions to the Paris Agreement
