Offshore wind finds itself in a "make or break" period up to 2015, by when the industry will either have positioned itself for sustained build-out, or rapidly decline as a non-competitive technology.
Interest in the offshore sector continues to grow, with the global market expected to reach 89GW of installed wind energy capacity by 2025. However, costs remain high and financial backing for capital intensive projects is needed as the next generation of offshore projects heads for unchartered territory. This new IHS offshore wind study offers a comprehensive analysis of the global offshore wind market, presenting key challenges and emerging trends along the supply chain.
Interest in the offshore sector continues to grow, with the global market expected to reach 89GW of installed wind energy capacity by 2025. However, costs remain high and financial backing for capital intensive projects is needed as the next generation of offshore projects heads for unchartered territory. This new IHS offshore wind study offers a comprehensive analysis of the global offshore wind market, presenting key challenges and emerging trends along the supply chain.
