An estimated 70GW of floating wind could be installed across the globe by 2040, according to forecasts contained in the Carbon Trust’s new Floating Wind Joint Industry Project’s (JIP’s) second phase summary report. The nascent sector could expand rapidly to deliver £195bn worth of projects, the report adds, underscoring the “opportunity for the supply chain globally to support and invest in floating wind”. Even in the shorter term, the study predicts the sector delivering up to 10.7GW of global floating wind capacity by 2030.
Business Green 15th July 2020 read more »
A new report from the Floating Wind Joint Industry Project has concluded that 70GW of floating wind capacity will be installed globally by 2040. The Floating Wind Joint Industry Project – Phase II summary report was published this week by the Carbon Trust, providing an analysis of the floating offshore wind sector and details market growth projections and technology challenges. Currently, only 73MW of floating wind capacity has been installed globally, and even this is not recent, with the report identifying that “there has been a relatively low level of new capacity installed since 2018.”
Renew Economy 17th July 2020 read more »