South Europe launches into the offshore wind space with ambitious targets

April 28, 2022
 | 
1 min read
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Are you up-to-date on the growing offshore wind ambitions in Southern Europe?

South Europe is upping its offshore wind ambitions: France, Greece, Italy, Portugal and Spain together have a massive technical potential for offshore wind, with 200 GW fixed-bottom and 1,500 GW floating offshore wind in estimated potential between them.

Particularly the large floating potential draws attention, as it gives greater siting flexibility and a unique supply chain opportunity.

Portugal, Spain, France, Italy and Greece have all stated offshore wind targets

As of today, all five markets have stated 2030 targets or ambitions in some form, with the combined fixed-bottom and floating ambitions amounting to 18.5 GW offshore wind by 2030 – a huge boost from today’s level of only ~60 MW in operation in the same five markets.

Whilst this is a substantial gap to fill, the first commercial-scale projects are well in progress. The current geopolitical situation increases focus on renewables, and EU initiatives to speed up permitting could help keep growth on track.

Aegir Insights’ market report covers offshore wind ambitions in South Europe and provides offshore developers with comprehensive tools and intelligence for hunting growth opportunities.

Reach out to us to learn more about Aegir Insights' market intelligence service.

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Aegir Insights provides industry-leading intelligence powered by data science for offshore wind energy developers, governments and financial institutions.

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Aegir Insights
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Contact

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CVR no.: 39104792

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