Global offshore wind capacity will surge to over 234 GW by 2030

According to the Global Wind Energy Council (GWEC), through 2030, more than 205 GW of new offshore wind capacity will be added globally – a 15 GW increase from last year’s outlook – spurred by declining technology costs, ambitious polices, and international commitments to decarbonisation. The global offshore wind capacity would then surge from 29 GW in 2019 to 234 GW in 2030, including at least 6 GW of floating offshore wind installed globally by 2030

Most of the growth will come from the Asia-Pacific region, led by China, where offshore wind capacity should reach nearly 59 GW by 2030. Taiwan, which plans 5.5 GW by 2025 and an additional 10 GW by 2035, is set to become the second-largest offshore wind market in Asia after China. Through 2030, South Korea should reach 12 GW, followed by Japan with 7.2 GW and Vietnam with 5.2 GW. Europe will continue to be a leader in offshore wind, with an ambitious 450 GW goal by 2050 driven by installations in the United Kingdom (up to 40 GW), Germany (20 GW) and the Netherlands (11 GW), and in France, Denmark, and Poland to a lesser extent. Deployment in North America will accelerate in the coming years with nearly 23 GW forecast to be installed by 2030.