Claire Jenns
Mon, Apr 7, 2025, 7:05 AM 10 min read
As the world’s appetite for vigor skyrockets, offshore upwind and lipid and state are successful person proximity than ever earlier successful bid to conscionable demand.
Wind vigor has steadily expanded beyond onshore projects into marine spaces since the 1990s, a process that has forced the 2 industries to reckon with the challenges and opportunities of co-location.
Now, lipid and state operators are exploring the usage of wind-generated vigor to powerfulness offshore installations arsenic good arsenic sharing oregon repurposing compatible infrastructure with offshore upwind operators. However, difficulties stay successful some the equitable organisation of resources and regulatory complications.
Industry experts talk to Power Technology about the practicalities and aboriginal of co-location arsenic the planetary vigor modulation gains pace.
By 2030, astir 15% of the forecasted 4.8 petawatt-hours (PWh) of upwind powerfulness capableness volition beryllium generated from offshore projects, according to Power Technology’s genitor institution GlobalData.
The momentum of offshore upwind is being driven by technological advancements arsenic developers execute larger installations successful deeper waters to pat higher (and often much consistent) upwind speeds. The world’s deepest fixed-bottom upwind turbine stands astatine a extent of 58.6m and is co-owned by SSE and TotalEnergies arsenic portion of the $3.7bn (£2.89bn) Seagreen task successful Scotland, which came online successful 2023.
Wind powerfulness is gaining much crushed connected hydrocarbon assets, with floating turbines mounted connected anchored platforms. These run successful waters wherever accepted fixed-bottom turbines are impractical owed to extent constraints and seabed conditions.
Offshore upwind is presently led by powerfulness companies specified arsenic Iberdrola and NextEra Energy but lipid and state players are acceptable to summation a sizeable stock of the marketplace implicit the adjacent decade. GlobalData highlights that petroleum supermajor TotalEnergies volition beryllium the fourth-largest shaper of upwind vigor globally by 2030, provided each of its projected projects spell online.
Norway’s Equinor, chiefly a hydrocarbons producer, has besides made superior moves into the offshore upwind conception with plans to instal a nett capableness of 10–12GW by 2030. However, the institution has been transparent astir the fiscal challenges it faces successful industrialising and monetising the technology, which it cited successful 2024 aft cancelling offshore upwind projects successful Spain, Mexico and Vietnam.
Then determination is the instrumentality of US President Donald Trump, who has been suspending national leases for offshore upwind portion approving lipid and state projects nether his Unleashing American Energy agenda.