Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
Related Articles
Northern Lights goes live
Merchant storage project off western Norway takes first CO₂ shipment, but government warns of significant cost challenges ahead for CCS
Letter on hydrogen: Electric shock
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids
Major UK CCS project set for lift-off as Eni wins state funding
Liverpool Bay project on track for 2028 startup as Italian energy company reaches financial close with government for CO₂ transport and storage network
Letter on Carbon: Major commitment
The massive expansion of the Northern Lights project in Norway is the clearest sign yet that the European oil and gas companies mean business when it comes to CCS
Japanese election paves way for new energy strategy
Next government faces the difficult task of balancing decarbonisation ambitions with energy security realities
UK backs low-carbon hubs with $28b funding pledge
Boost for CCUS and blue hydrogen projects as government confirms funding for HyNet and East Coast clusters
Northern Lights nears start up as facilities in place
Norway claims world lead in commercial CO₂ transport and storage as project developed by TotalEnergies, Shell and Equinor stands ready to start injections in 2025
Rep-Air and C-Questra in EU’s first onshore DACS project
C-Questra applies for onshore storage permit for site in Grandpuits as part of project to establish highly efficient DACS value chain on French soil
J-Power joins gigascale Australian carbon storage project
Japanese power utility collaborates with developers deepC Store and Azuli on initiative off country’s northwest coast
Scientists claim CCS research platform can bridge ‘valley of death’
Platform developed at Scottish university uses advanced simulations and machine learning to find most cost-effective and sustainable combinations of materials for use in carbon capture
Only three commercial floating offshore wind projects are currently operational
Wind Norway UK Japan South Korea France Spain Equinor
Polly Martin
22 June 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

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
Letter on carbon: Has the EU ETS come of age?
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
Can Oxy’s integrated CO₂ approach set a new benchmark for transition-era oil companies?
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
Letter from London: Show me the carbon
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
Letter from Europe: Western retreat raises doubts over climate leadership
Opinion
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search