Offshore wind power: engine of the global

energy transitionDarius Snieckus

Editor in Chief

Recharge

www.rechargenews.com

First offshore wind farm:

Vindeby, off Denmark (1991)

Cost: €10 million

Developer: SEAS and Elkraft

Turbines: 11 x 450kW Bonus

Total capacity: 4.95MW

Decommisioned: 2017

Biggest offshore wind farm under

development: Hornsea One (2021)

Cost: €3.36bn

Developer: Orsted

Turbines: 174 x 7MW Siemens

Gamesa SWT7.0-154

Total capacity: 1.2GW (Power

to 1m UK homes)

Offshore wind news in Recharge

week of 15 January 2019

Increase in turbine power rating

Reduction in levellised cost of energy

Europe today accounts for 85% of

operational offshore wind plant

Record low subsidy prices boosting

investor confidence

US: Only 30MW turning but three state-level

tenders totaling 1.8GW – and more ahead

Asia Pacific – 20-fold

growth to 43GW by 2027

Cumulative offshore

wind capacity in Asia

Pacific will grow to

43GW in the next

decade, up from just

over 2GW in 2017:

Wood Mackenzie

China will take the

lead with 31GW

installed (72%); Taiwan

8.7GW (20%), along

with South Korea (4%),

India (3%) & Japan (1%)

Global build-out to reach 87GW by 2026

Offshore wind capacity on trajectory to

reach 520GW by 2050

The future is floating

‘Civilization-scale’ power

Carnegie Institution for Science 2017 study

3 million square km in North Atlantic

Wind speeds 70% higher over sea than land

Total capacity: 18TW

Thank you

darius.snieckus@rechar

genews.com

www.rechargenews.co

m

@dariussnieckus