RenewableUK’s latest ‘EnergyPulse’ market intelligence report shows that the global pipeline of offshore wind projects has almost doubled over the past twelve months, from 429 GW a year ago to 846 GW today. The pipeline includes projects at every stage of development: operational, under construction, consented and planned. Highlights of the report include:
- China has the biggest offshore wind project pipeline at 98 GW, the UK is in second place at 91 GW (up from 55 GW a year ago) and the USA is third with 80 GW. Germany is fourth at 57 GW. Other countries with major pipelines include Brazil, Sweden, Ireland, Vietnam and South Korea. Europe’s pipeline is 350 GW (with 26 GW fully operational) while the pipeline in countries outside Europe stands at 496 GW.
- China leads on operational capacity with 24.5 GW, the UK is second at 10.5 GW, Germany third with 7.7 GW, The Netherlands fourth at 3 GW and Denmark fifth with 2.3 GW.
- The UK has the largest pipeline of floating projects at 32GW. Sweden is second at 25 GW, Taiwan third with 21 GW, Ireland fourth at 16 GW and South Korea fifth at 16 GW. Australia, Italy, the USA and Finland also have significant contributions. The UK also has the biggest operational floating capacity at 80 MW, with two floating wind farms located in Scottish waters. More are planned as part of ScotWind and in the Celtic Sea. Portugal is second with 25 MW and Norway and China share third place at 6 MW each. Equinor’s Norwegian 88 MW Hywind Tampen project is due to come online later this year.