BloombergNEF: Annual Offshore Wind Installations to Triple This Decade

Wind Industry Profile of

Offshore wind installs to increase year-on-year from 2024 / Global installations to peak in 2030 at 28.5GW

The offshore wind industry is emerging unscathed from the Covid-19 pandemic. By the end of the decade, BNEF expects cumulative capacity to breach the 200GW mark, reaching 206GW. 2020 was a slow year for global installations, with just 6GW of new capacity coming online. There will be a rebound in 2021, driven by China. Following that, installations look set to dip for a couple of years before accelerating – growing year-on-year from 2024. Global installations will peak in 2030 at 28.5GW – triple the current level of installations. Reaching these annual volumes means expanding the current supply chain. Distributing supply chain resources... ... More: Official Press Release BloombergNEF

Keywords:

BloombergNEF, offshore, installations, increase, decade, peak, GW, COVID-19, capacity, wind farm, prediction, turbine manufacturer