Explore 12 articles covering in-depth insights and practical guidance on offshore wind & floating wind.
An in-depth analysis of the most dynamic subsegments within Offshore wind & floating wind, tracking where momentum is building, capital is flowing, and breakthroughs are emerging.
A comprehensive state-of-play assessment for Offshore wind & floating wind, evaluating current successes, persistent challenges, and the most promising near-term developments.
A rigorous look at the most persistent misconceptions about Offshore wind & floating wind, with evidence-based corrections and practical implications for decision-makers.
Side-by-side analysis of common myths versus evidence-backed realities in Offshore wind & floating wind, helping practitioners distinguish credible claims from marketing noise.
Essential KPIs for Offshore wind & floating wind across sectors, with benchmark ranges from recent deployments and guidance on meaningful measurement versus vanity metrics.
Strategic analysis of value creation and capture in Offshore wind & floating wind, mapping where economic returns concentrate and which players are best positioned to benefit.
A forward-looking assessment of Offshore wind & floating wind trends in 2026, identifying the signals that matter, emerging winners, and red flags that practitioners should monitor.
Equinor's 88 MW Hywind Tampen project in Norway became the world's largest floating wind farm in 2023, using 11 Siemens Gamesa 8 MW turbines on spar-buoy foundations to power five North Sea oil and gas platforms. The project reduced platform emissions by 200,000 tonnes CO₂/year but faced 30% cost overruns and 18-month delays, offering critical lessons for the floating wind industry.
Offshore wind installations grew 18% year-over-year in 2024 to reach 75 GW globally, with China adding 40% of new capacity. Floating wind projects in development surged from 6 GW to 60+ GW between 2021 and 2025, concentrated in the UK, Norway, South Korea, and the U.S. West Coast. This data story tracks capacity pipelines, auction prices, and regional momentum shifts.
Offshore wind faces critical bottlenecks: only 4 installation vessels worldwide can handle 15+ MW turbines, port infrastructure gaps delay projects by 12-18 months, and floating wind LCOE remains 2-3x higher than fixed-bottom at $100-$150/MWh. This deep dive examines supply chain constraints, manufacturing scale-up, and the policy levers accelerating cost reduction.
Global offshore wind capacity reached 75 GW in 2024 with 380 GW in development pipelines, while floating wind — currently at just 250 MW installed — unlocks 80% of ocean wind resources in waters deeper than 60 meters. This explainer covers fixed-bottom vs floating foundations, turbine scaling to 15+ MW, and the economics driving $100+ billion in planned investment.
Onshore wind delivers the lowest LCOE at $26-$50/MWh but faces land constraints, fixed-bottom offshore achieves higher capacity factors (45-55%) at $60-$100/MWh, and floating platforms unlock deeper water sites at $100-$150/MWh with costs projected to fall 40-50% by 2030. This comparison evaluates siting flexibility, grid value, and investment risk across all three configurations.