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
17 September 2024
North Sea storage facility verified as safe to proceed after successful pilot phase
9 September 2024
Addition of CCS was a factor in court’s decision to overturn FERC’s authorisation for NextDecade’s Rio Grande LNG project
2 September 2024
Recently finalised investment tax credits have brought much-needed clarity for Canadian CCS developers, but carbon price uncertainty remains a concern
29 August 2024
Use of captured carbon to make synthetic fuels merits more attention from investors and policymakers
