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In 2019, Europe added 3.
6 GW of new offshore wind capacity, and the cumulative installed capacity of offshore wind power has exceeded 22 GW, leading the world
.
According to GlobalData's latest report, European offshore wind is mainly distributed among 12 European countries, with the UK accounting for the largest share with 9.
9GW of installed capacity, accounting for about 45% of Europe's cumulative offshore wind capacity, followed by Germany with 7.
6GW (34%), Denmark, Belgium and the Netherlands with 7.
7%, 7.
1% and 5%
respectively.
GlobalData estimates that around 10GW of new offshore wind capacity will be added between 2017 and 2019, more than Europe installed in
the first six years from 2011 to 2016.
In 2019, 11 new offshore wind farms
emerged in six countries.
The UK has 1.
76GW of capacity, accounting for half, followed by Germany with 1.
1GW, Denmark with 374MW and Belgium with 370MW.
Two new emerging markets, Portugal and Spain, have also entered the European offshore wind market, with 8.
4MW and 5MW
installed in 2019 respectively.
Portugal's WindFloat has the world's largest offshore floating wind turbine, while Spain tested its offshore waters
using a 5MW prototype.
According to WindEurope's Offshore Report, reflecting advances in wind turbine technology and improved logistics, the average size of offshore wind farms in Europe rose to 600MW in 2019, while the average size of wind turbines rose by 1MW to 7.
8MW.
Ankit Mathur, Head of Power at GlobalData, said: "Offshore wind costs have dropped significantly by around 25% since 2012 and are expected to fall by a further 8-10%
by 2025.
Electricity delivered in the UK, France and the Netherlands is priced between $44-55, illustrating the competitiveness
of offshore wind by achieving grid parity.
”
At present, the global offshore wind market is mainly concentrated in European countries, but competition from China, the United States, South Korea and Japan is also becoming increasingly fierce
.
As a result, GlobalData expects European countries' share of cumulative offshore wind capacity to decline from the current 77% to 52%
by 2030.
In 2019, Europe added 3.
6 GW of new offshore wind capacity, and the cumulative installed capacity of offshore wind power has exceeded 22 GW, leading the world
.
According to GlobalData's latest report, European offshore wind is mainly distributed among 12 European countries, with the UK accounting for the largest share with 9.
9GW of installed capacity, accounting for about 45% of Europe's cumulative offshore wind capacity, followed by Germany with 7.
6GW (34%), Denmark, Belgium and the Netherlands with 7.
7%, 7.
1% and 5%
respectively.
GlobalData estimates that around 10GW of new offshore wind capacity will be added between 2017 and 2019, more than Europe installed in
the first six years from 2011 to 2016.
In 2019, 11 new offshore wind farms
emerged in six countries.
The UK has 1.
76GW of capacity, accounting for half, followed by Germany with 1.
1GW, Denmark with 374MW and Belgium with 370MW.
Two new emerging markets, Portugal and Spain, have also entered the European offshore wind market, with 8.
4MW and 5MW
installed in 2019 respectively.
Portugal's WindFloat has the world's largest offshore floating wind turbine, while Spain tested its offshore waters
using a 5MW prototype.
According to WindEurope's Offshore Report, reflecting advances in wind turbine technology and improved logistics, the average size of offshore wind farms in Europe rose to 600MW in 2019, while the average size of wind turbines rose by 1MW to 7.
8MW.
Ankit Mathur, Head of Power at GlobalData, said: "Offshore wind costs have dropped significantly by around 25% since 2012 and are expected to fall by a further 8-10%
by 2025.
Electricity delivered in the UK, France and the Netherlands is priced between $44-55, illustrating the competitiveness
of offshore wind by achieving grid parity.
”
At present, the global offshore wind market is mainly concentrated in European countries, but competition from China, the United States, South Korea and Japan is also becoming increasingly fierce
.
As a result, GlobalData expects European countries' share of cumulative offshore wind capacity to decline from the current 77% to 52%
by 2030.
