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Offshore Wind Webinar

Offshore Wind 2030: Bridging the Supply Gap

The offshore wind market is expecting a massive expansion in the following years. Watch this webinar to learn more about offshore wind forecast for 2030

The offshore wind industry stands at the threshold of a transformative era. With global installed capacity set to multiply five-fold by 2030, we see emerging markets in North America and Asia propelling this growth alongside the continuing strength of European capacity.

As we look ahead to 2030, we expect the total installed capacity of fixed-bottom offshore wind to climb to an impressive 196 GW globally (excluding China) – a significant leap from 30 GW in 2022. However, this rapid expansion is not without its share of logistical hurdles, the provision of adequate vessel supply being among them.

With the current fleet of offshore wind installation vessels failing to meet the anticipated demand, we see a flurry of new orders placed by shipowners worldwide. Yet, even these may not suffice to bridge the looming supply deficit as we move towards 2030, potentially leading to project delays.

But will these new orders be enough to fill the gap? What kinds of vessels are required to install wind farms, and how will these be equipped to handle the mega turbines of the future? These are the pressing questions that the industry grapples with as it forges ahead.

At Spinergie, we have built an offshore wind forecast for 2030 that looks beyond demand projections, and into the logistical challenges such as that of the vessel supply that will impact the industry's growth.

Watch the replay by entering your details below.

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Published on
June 25, 2023
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Drashya Goel
Marketing Content Manager

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