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Global offshore hits purple patch

Industry seeks room to grow on back of cost-saving achievements

Global offshore hits purple patch image

Global offshore wind is on track to hit 30GW by the end of 2020 thanks to nearly 4GW of annual installations over each of the next three years.

Figures revealed exclusively in the reNEWS Global Offshore 2017 special report, published today in its 14th edition, show that nearly 18GW will be online by the end of this year.

The UK and Germany continue to lead the global charge with Denmark and China following behind.

Emerging markets such as the UK and Taiwan will be increasingly important post-2020 as the industry looks to take advantage of the cost-savings lessons learned in Northern Europe over the last 10 years.

Global Offshore 2017 features market reports from every country involved in the sector, exclusive insight and analysis as well as comprehensive tables of future construction and key developments. 

The annual report is free to reNEWS subscribers or can be purchased as a standalone, contact the sales team on sales @ renews.biz

Image: the Nordsee 1 offshore wind farm (Innogy)

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