WFO Publishes Updated Global Offshore Wind Figures

WORLD FORUM OFFSHORE WIND - WFO - published its updated global offshore wind figures today during its 1st Global Offshore Wind Summit currently held in Taipei. Globally 4,988 MW of offshore wind capacity have been installed during 2018. This makes 2018 a record year for the global offshore wind industry with more capacity installed than ever before during one single year. In total, global offshore wind installations have reached 22,045 MW by the end of 2018.

In an innovative approach, WFO provides unlimited access to its detailed database containing all relevant facts and figures of all global offshore wind farms. A detailed data set of all individual offshore wind farms installed worldwide has been published on the WFO website under www.wfo-global.org. WFO highly encourages the global offshore wind community to review the data and to provide feedback on the figures or suggest changes. WFO will keep the entire database updated and is convinced that this open source approach is going to benefit the entire offshore wind industry.

500 by 50:

Furthermore, WFO’s members have signed the released WFO Mission ‘500 by 50’. WFO wants to pave the way to utilise the industry’s potential to build additional 500 GW of offshore wind capacity by the year 2050. This mission is based on the latest projection by the International Renewable Energy Agency’s (IRENA) transformation roadmap which states that the industry has the potential to reach 520 GW of installed offshore wind capacity by the year 2050. Since 22 GW are already installed, this leaves almost 500 GW of offshore wind capacity which need to be developed, built and installed over the next three decades until 2050.

WFO and its members are convinced that this steep offshore wind growth can only be achieved if the global offshore wind community across the whole value chain works together with governments and regulators around the world. In a collaborative, cross-industry and multilateral approach a clear growth path for offshore wind in markets around the world needs to be implemented.