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A total of 75 GW of global offshore wind capacity was in operation by the end of 2023. GWEC’s rolling ten year outlook to 2033 shows that, with the right frameworks in place, the world can be on course to deploy 410 GW by 2033. That means total offshore wind capacity will be 487GW by the end of 2033.
- Global Wind Report 2024
GWEC has revised its 2024-2030 growth forecast (1210GW)...
- Global Wind Report 2024
Cumulative global offshore wind capacity is forecast to reach 414 GW by 2032, a 7.4% decrease in comparison to what was forecast in 1H 2023. • Westwood’s 10-year outlook has changed primarily due to project cancellations,
GWEC has revised its 2024-2030 growth forecast (1210GW) upwards by 10%, in response to the establishment of national industrial policies in major economies, gathering momentum in offshore wind and promising growth among emerging markets and developing economies
Offshore wind power, with its high-capacity factors and growing competitiveness, is a focal point in energy transition plans. Despite progress in offshore wind – with a total of 63 gigawatts (GW) of
Forecasted global projections for offshore wind energy indicate strong market growth over the next decade, with more than a fivefold increase with upward of 490 GW deployed by 2035. a Sunrise Wind and Empire Wind 1 have both entered construction since the report cutoff date of May 31, 2024.
Floating offshore wind outlook. This IRENA report, commissioned by the 2023 Japanese G7 Presidency, explores the current state of the market for floating offshore wind, as well as recent technological developments in this nascent but increasingly competitive renewable energy industry.
The outlook for offshore wind in 2024: Five predictions for the year ahead 2023 marked significant advancements and encouraging developments in the offshore wind sector. DNV's Industry Insights research revealed a wind sector with an optimistic outlook.
