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Floating offshore Wind, Centre of Excellence | Market Opportunities

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World Hydrogen Leader Charley Rattan Associates

UK based offshore wind & hydrogen corporate advisor and trainer; Faculty member World Hydrogen Leaders. Delivering global hydrogen and offshore wind corporate investment advice, business...

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Floating offshore Wind, Centre of Excellence  | Market Opportunities

In the near-term, growth of floating offshore wind will be consolidated in a handful of markets where demonstration projects have been deployed and a first wave of pre-commercial and commercial projects have secured site control. Notably, United Kingdom, South Korea, Japan, and France seek to deploy commercial scale projects this decade.

However, longer-term growth of floating offshore wind will not be concentrated in a handful of markets; but distributed over several territories across that world that have strong technical potential, political ambition and social drivers to incorporate floating offshore wind into the power generation mix.

This study maps the international opportunities for floating offshore wind in the near-term (2022 – 2035) as well as the long-term horizon (2035 – 2050). A total of 54 global territories have been identified and categorised as near-term or long-term market

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