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France, Norway, UK: which countries are leading the floating offshore wind race?

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By illuminem briefings

· 2 min read


illuminem summarizes for you the essential news of the day. Read the full piece on the Euronews or enjoy below:

🗞️ Driving the news: Floating offshore wind technology, which allows wind turbines to be deployed in deeper waters, is expanding the potential for renewable energy production in previously untapped regions
• This innovation is expected to make wind energy viable in the Mediterranean and other areas with deeper seas

🔭 The context: Europe currently leads in floating wind technology, accounting for 88% of global installations, with significant projects underway in France, the UK, and Norway
• France is set to develop the world's first commercial floating wind farm, while the UK aims for 5 GW of production by 2030

🌍 Why it matters for the planet: Floating wind technology can significantly enhance global renewable energy capacity, enabling wind power generation in regions with deeper waters
• This is crucial for achieving climate goals and transitioning to cleaner energy sources, reducing reliance on fossil fuels

⏭️ What's next: European countries, along with Asian nations like Japan and South Korea, are exploring and investing in floating wind projects
• The development of ports and infrastructure to support these projects is essential, along with government support to ensure economic feasibility and attract investments

💬 One quote: “Floating offshore wind is a crucial player in the battle against climate change,” said Lorenzo Palombi of BayWa r.e. “Its unique ability to tap into markets incompatible with bottom-fixed technologies and unlock areas with higher wind potential positions it as a key solution”

📈 One stat: Europe boasts 208 megawatts of floating wind capacity, making up 79% of new additions last year and maintaining its leadership in this technology despite losing its top spot in overall offshore wind to the US and China in 2022

Click for more news covering the latest on renewable energy

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