Europe Offshore Fleet has 105 Wind Farms

Laxman Pai
Wednesday, April 10, 2019

There are now 189 GW of wind energy in Europe, making up 14% of the EU’s power demand. 18.5 GW of this is in Europe’s offshore fleet, whose 105 wind farms and 4,500 turbines now provide 40,000 jobs.

According to WindEurope CEO Giles Dickson, this is set to grow.

Offshore wind has a proven record of rejuvenating former industrial towns in Europe. Dickson gave the UK example of the Green Port in Hull, where offshore wind has brought €400m in investment and directly created 1,000 new jobs while providing a wide range of social initiatives to the local community.

And the European offshore success story keeps improving: offshore turbines are getting larger, their capacity factor has increased, while both CAPEX and auction prices continue to fall, which means more countries such as Poland are now embracing offshore wind.

Dickson stressed the importance of cooperation to enable the rapid growth of offshore wind. He pointed to the example of the North Seas Energy Cooperation. This initiative aims to establish offshore grid linking the ten countries in the North Seas region (Belgium, Denmark, France, Germany, Ireland, Luxembourg, the Netherlands, Norway, Sweden and the United Kingdom).

The North Seas Energy Cooperation is facilitating the cost-effective deployment of offshore wind while promoting interconnection between the countries in the region. This is exactly the sort of cooperation that will be required between States in the US to unlock the country’s vast offshore wind potential.

Dickson said that by its very nature, offshore wind tends to be fairly local:  blades and other materials tend to be made close to the market.  This usually brings a degree of specialisation: for example, Poland makes most of the foundations and cranes even though they don’t have any offshore wind farms yet, while Spain makes lots of towers.

Dickson pointed out about shared opportunities for both the US and Europe in floating wind: over 50% of both the EU’s and the US’s offshore wind potential lies in deeper waters. While the EU has always been the world’s floating wind energy hub, floating is now ready for commercial roll-out. Its potential in the US is significant.

Categories: Wind Power Offshore Energy Renewable Energy Offshore Wind

Related Stories

Inpex-Led Bonaparte CCS Project Gets Australian Offshore Storage Approval

Oil Markets Brace for Years of High Prices as Iran War Drags On

Seadrill Secures Offshore Drilling Deals Across Four Countries

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

Iran Weighs US Response as Hormuz Reopening Talks Stall

Valeura Starts Wassana Platform Installation Offshore Thailand

Oil Stabilizes as IEA Moves to Speed Up Emergency Stock Releases

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Oil Climbs on US Storm Threat, Saudi Attack Risks

Eni Taps Yinson Production for Major Ghana FPSO Gas Upgrade

Current News

Indonesia's Jangkrik FPU Set for Major Gas Output Boost

PTTEP, Eni Launch Joint Venture for ADNOC-Operated Ghasha Offshore Project

Oil India Discovers Gas in Shallow Waters of Krishna-Godavari Basin

Masirah Oil Starts Yumna Offshore Drilling Ops After Months of Delays

Sunda Energy Gets Chuditch License Extension After Termination Warning

Finder Energy Selects Eneos’ Rig for Drilling Job off Timor-Leste

Inpex-Led Bonaparte CCS Project Gets Australian Offshore Storage Approval

Seascape Energy Expands Temaris Gas Acreage Offshore Malaysia

Oil Markets Brace for Years of High Prices as Iran War Drags On

Seadrill Secures Offshore Drilling Deals Across Four Countries

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com