Floating offshore wind capacity doubles in 2022

Sector is likely to continue to gain momentum as costs fall

The global pipeline of floating offshore wind projects has more than doubled from 91GW a year ago to 185GW today, according to an Energy Pulse Insights report from industry body RenewableUK. Of the total, 121MW is fully commissioned over nine projects in seven countries, 96MW is under construction, 288MW has been approved or is in the pre-construction phase, 31GW is in planning or has a lease agreement, and 153GW is in early development or is in the leasing process. Europe is home to 107GW of the floating capacity pipeline, while the US, Australia and South Korea make up most of the remainder. 185 GW – Global pipeline of offshore wind capacity “The growth of floating offshore wind is