Westwood: "Incredibly exciting time for the offshore wind market"

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Westwood says offshore wind will continue to grow rapidly as new countries enter the market.

Official Press Release Westwood Global Energy Group:

Westwood: Offshore wind opportunity soars with 135 GW of potential capacity available in leasing rounds

Upgrades to Westwood’s proprietary WindLogix solution reveals new insights from enhanced coverage, including tracking of over 70 ongoing and planned offshore wind leasing processes.

New analysis from Westwood Global Energy Group (Westwood), the specialist energy market research and consultancy firm, reveals skyrocketing offshore wind growth with 135 GW of new capacity on offer to developers, equivalent to nearly 2.5 times today’s 55 GW market. This is bolstered by new market expansion with over 20 GW of leases up for grabs in countries which have not previously held a licensing round, such as Canada, Colombia, and India. Peter Lloyd-Williams, Senior Analyst, Offshore Wind at Westwood says: “This growth will present huge opportunities and challenges to the... ... More: Official Press Release Westwood Global Energy Group

Westwood, analysis, WindLogix Solution, capacity, leasing round, potential, process, offshore, wind farm, UK, developer, market

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