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GLOBAL OFFSHORE WIND REPORT 2020 - GWEC

image credit: Credit: GWEC
Laurent Segalen's picture
CEO Megawatt-X

Laurent is a Franco-British financier, founder of Megawatt-X, the London-based global platform for Renewable Energy Assets. For the past twenty years, Laurent has been trading and managing...

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The global offshore market grew on average by 24% each year since 2013, bringing the total installations to 29.1 GW, which accounted for 5% of total global wind capacity as the end of 2019.

• Europe remains the largest offshore market as the end of 2019, making up 75% of total global offshore wind installation.

• However, the activity level in Asia keeps increasing with China taking the lead followed by Taiwan, Vietnam, Japan, and South Korea.

• North America has only 30 MW offshore wind in operation in the US as of 2019 but deployment will accelerate in the coming years.

• The top five offshore wind market in total installations are: The UK, Germany, China, Denmark and Belgium.

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Thank Laurent for the Post!
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