The world is expected to add 200GW of offshore wind capacity by 2030

The Global Wind Energy Council released its Global Offshore Wind report this week, saying that offshore wind has not only grown by an average of 21% per year since 2013, but is expected to add 200 GW of offshore wind globally by 2030
.

The report shows that the global offshore wind market has grown by an average of 21% per year since 2013 and has now reached a total capacity
of 23 GW.
More than 4 GW were installed in both 2017 and 2018, accounting for 8%
of all new installations in two years.

The report also provides BAU scenarios (as measured conventionally) and aggressive outlooks
.
The BAU scenario does not include further technology development or potential opportunities for offshore wind, and BAU expects the global offshore wind market to achieve double-digit growth
based on current policies and expected tenders.
Specifically, the BAU scenario expects installations of 15 to 20 GW per year after 2025, largely based on growth
in China and other Asian markets.
Between now and 2030, this will result in 165 GW of new installed capacity, bringing the total installed capacity closer to 190 GW.

The Global Wind Energy Council expects the Asian offshore wind market to become the world's largest offshore wind region
by 2030 due to growth in key markets such as Taiwan, Vietnam, Japan, India and South Korea.
The total installed capacity under the BAU scenario in Asia is 100 GW
by 2030.

Europe is set to see relatively flat growth over the next few years, partly due to the UK offshore wind industry agreement
signed in March this year.
By 2030, GWEC expects the region's total installed capacity under the BAU scenario to reach 78 GW
.

GWEC also expects offshore wind to be a top priority for the United States, which will have 10 GW of installed capacity over the next decade
.

The activist scenario model includes the role of additional potential for the sector, such as advances in floating technology and increased cost competitiveness across the industry, leading to an increase in the number of mature markets and the opening of
new offshore markets.
Based on its uplink scenario, GWEC expects more than 200 GW of new capacity to be installed
between now and 2030.

Karin Ohlenforst, director of market intelligence at GWEC, said, "Based on government targets, auction results and pipeline data, we expect to install 190 GW of new capacity by 2030, but this does not represent the full potential
of offshore wind.
Many new countries are preparing to join the offshore wind revolution, and floating offshore wind represents a game-changing technological development that could add more production
in the coming years.
”