![]() ![]() “As countries continue to further develop their offshore wind frameworks, backed by accelerated renewables targets due to global energy security concerns, the global offshore wind industry is expected to continue to grow at an accelerated rate and expand into new territories.” At the end of 2022, the global offshore wind pipeline stood at 1,250 GW.ĮRM partner and global service lead for strategy and markets Breanne Gellatly said, “The Russian invasion of Ukraine reminded every nation of the importance of energy independence and sustainability, and this resulted in increased offshore wind targets and pipelines during 2022. ![]() In total, more than 550 GW of offshore wind capacity was added to the global development pipeline in 2022 in the Americas, Sweden, Australia and China. ![]() According to RCG’s Annual Market Report for Global Offshore Wind, the Russian invasion of Ukraine in February 2022 forced many European nations to rethink their dependence on imported fuels, and many turned to offshore wind as a result.įor example, Germany – due to its heavy pre-war reliance on Russian natural gas – doubled down on its already strong support for offshore wind by adding 36 GW of capacity to its tender schedule. ![]()
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