New research published by RenewableUK shows that the global pipeline of offshore wind energy projects which are operational, under construction, consented or being planned has risen by 30% in the last twelve months from 122 GW to 159 GW.
The statistics are revealed on the first day of RenewableUK’s Global Offshore Wind V-Fest (virtual festival), which is focusing on the major role that offshore wind is set to play in the green economic recovery worldwide.
Its lur latest Offshore Wind Project Intelligence report shows that the UK has retained its top spot, dominating the market with a pipeline of 38.9 GW – a quarter of the global total. China has moved up from 4th to 2nd place with 19.3 GW – an increase of 7.3 GW, up 60%.
The USA stays in 3rd place, up from 15.7 GW to 17.8 GW, while Germany has dropped from 2nd to 4th place as its total of 16.5 GW has remained almost static over the last 12 months, adding only 68 MW. Taiwan stays fifth with its project pipeline growing by 28% from 8.9 GW to 11.4 GW.
Ireland has witnessed an extraordinary growth from 3.2 GW last year to 8.2 GW this year, rising to number 7 with an increase of 156%.
The top 5 countries represent 65% of the total global pipeline, with 104 GW of capacity between them. Europe has 60% with 96 GW.
In terms of operational capacity, the UK still leads, with 9.7 GW, Germany is 2nd at 7.5 GW, China 3rd with 3.3 GW, Belgium 4th at 1.8 GW, and Denmark 5th with 1.7GW.