Though still in uncertain waters, the Floating Wind market continues to make steady progress. Aegir's quarterly Floating Wind Intelligence analyzes floating projects and partnerships and gives high-quality market forecasts.
The global pipeline of announced floating projects continues its rapid growth and has now passed 350GW. But with the continued presence of route to market and supply chain uncertainties, how high will the realistic build-out of floating wind projects be in the coming years?
Aegir Insights has just released the quarterly Floating Wind Intelligence package to subscribers. The package includes an insights report with Aegir’s commentary on floating market developments, an updated project database and forecast, as well as our floating partnership analysis.
Some of the key takeaways for Q2 2023:
- In many markets developers continue to announce floating projects and the size of projects are steadily increasing. Markets with new announcements include Portugal, UK, Ireland, South Korea, Japan and the Philippines.
- There hasn’t been much news this summer on floating tenders, but the second half of 2023 should be interesting as deadlines approach and new auctions are slated to start.
- Steady progress is expected towards 2030 and a significant acceleration is still anticipated, with annual installations set to pass 1GW around the end of this decade, and more than 10GW p.a. after 2035.
- Especially China is announcing bigger projects and could be the first market to reach GW-scale deployment. Europe, however, is following closely with several large projects with delivery anticipated in early 2030s.
Aegir Insights’ quarterly floating intelligence service includes tracking of projects, partnerships and high-quality market forecasts based on our extensive industry experience in market and project development.
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