Floating offshore could reach cost parity with fixed offshore wind
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
Also in this section
18 February 2025
Demand for CCS to abate new gas-fired plants is rising as datacentres seek low-carbon power, Frederik Majkut, SVP of industrial decarbonisation, tells Carbon Economist
11 February 2025
Rising prices have added to concerns over CBAM impact on the competitiveness of EU manufacturing
7 February 2025
Norwegian energy company slashes spending on low-carbon sectors as transition decelerates
30 January 2025
The UAE’s oil and gas company puts its faith in technologies including CCS and AI to deliver its emission-reduction goals
