Let’s unlock the full potential of offshore wind. The offshore wind industry has the potential to grow to 20,000 GW of fixed offshore wind, and 50,000 GW of floating offshore wind capacity globally. However, rising material costs, inflation and competitive seabed tenders have increased LCOE expectations, reversing cost reduction trends. Discover how this is impacting offshore wind developers’ profitability in our newest report. https://mck.co/4d3AaEg #OffshoreWind #RenewableEnergy #EnergyTransition
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2024 is a crucial year for the offshore wind industry. Almost 70 GW of project capacity expected to be tendered globally, around three times 2023’s volume. Key factors influencing the industry’s future include cost positioning, the regulatory landscape, market pull, supply chain capacity, and developer behavior. Read our latest report to explore how these factors are shaping offshore wind development and profitability. https://mck.co/3y53fQS #OffshoreWind #RenewableEnergy #EnergyTransition
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The high and low scenarios of the offshore wind market just 6 years ahead today can swing as much as 300%. The true elephant in the room talking about value chain development and investment in supply chain. Wake up call for developers, industrial players and regulators to coordinate on the chess moves.
Up to 380,000MW of pre-FID offshore wind projects worth around US$883bn are potentially at risk, according to new research from Westwood Global Energy Group #offshorewind https://lnkd.in/gFx_9sSR
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The global pipeline of floating offshore wind projects has expanded in the last 12 months from 285 to 316, which equates to an increase of 244GW to 266GW, or 9%, according to the Floating Offshore Wind Taskforce. Its new report – Floating Wind: Anchoring the next generation offshore – ranks the UK as second-best in the world for fully operational floating offshore wind projects. Read more here - https://loom.ly/13yo6V4 #technews #sustainability #renewableenergy
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New markets will create massive growth in the offshore wind sector in the coming years according to a new report from the Global Wind Energy Council (GWEC) #windpower #offshorewind https://lnkd.in/eEweYnh5
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What's the outlook for the U.S. offshore wind market? @FTIConsulting's Power, Renewables & Energy Transition experts offer insights into current developments in the U.S. Offshore wind industry and what to expect moving forward: https://lnkd.in/e4usa_A3
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Onshore wind is one of the fastest and cheapest energy sources to install. It has always been a cornerstone in our operations and last year was no exception. Watch this film for some of our #onshorewind highlights from 2023. More about onshore wind at OX2: https://lnkd.in/dmxQyuz3 #acceleratingaccesstorenewableenergy
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Senior Managing Director | FTI Consulting | FTI BOLD | business transformation | restructuring | human capital performance | interim management
What's the outlook for the U.S. offshore wind market? @FTIConsulting's Power, Renewables & Energy Transition experts offer insights into current developments in the U.S. Offshore wind industry and what to expect moving forward: https://lnkd.in/e7kS86yX
Turbulent Waters Developments in U.S Wind Industry | FTI Consulting
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What's the outlook for the U.S. offshore wind market? @FTIConsulting's Power, Renewables & Energy Transition experts offer insights into current developments in the U.S. Offshore wind industry and what to expect moving forward: https://lnkd.in/g-PtYNrM
Turbulent Waters Developments in U.S Wind Industry | FTI Consulting
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Offshore wind targets are now in Database of State Incentives for Renewables & Efficiency (DSIRE)! You'll find entries detailing all offshore wind mandates or goals adopted by states, as well as a new summary map. If you'd like to dive deeper, check out our recent blog post from Rebekah de la Mora examining state offshore wind policy and deployment: https://lnkd.in/eXasP93d
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New report available for TGS | 4C Offshore subscribers! This concise, forward-looking report keeps you informed of emerging demand for offshore wind across established and new markets around the globe and includes all our popular Market Update Reports from this quarter: - Global buildout to 2030 - Significant action in Europe (with tender activity in Germany and Norway, and controversy in the UK) - The Americas (with record offtake secured in the US) - Asia-Pacific (where India has launched its first offshore wind tender after years of delay). This report examines auction timelines, results and our forward-looking six-month global calendar. In addition, our enhanced ‘Corporate catch-up’ section now includes an insightful, at-a-glance performance matrix for the top players and a global corporate PPA tracker, keeping you up to date on multiple aspects of market trends. Contact for more info: 📞 +44 1502 307 037 📧 james.lewis@tgs.com #offshorewind #windeurope #marketupdate #report #wind #turbine #energytransition #offshoreenergy #energy
Our new industry report asks whether 2024 is living up to expectations for offshore wind. The latest Global Market Overview report from TGS, powered by 4C Offshore market intelligence, is out now providing a comprehensive analysis which offers an early assessment of the global offshore wind industry for the rest of 2024. It builds upon the insights provided by last year's report which anticipated a record-breaking auction year for the sector. The Q1 report looks at whether 2024 is still expected to deliver on that promise. Read the full release: https://hubs.ly/Q02qctk00 #TGS #EnergyData #OffshoreWind #FloatingWind
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