Progress in highly prospective sector being hampered by slow-to-change policy and regulatory frameworks, with forecast installation by 2030 down 12.5% on 2021 predictions, according to new 4C Offshore figures
Forecasts by analysts at 4C Offshore point to 14GW of floating wind power being installed or in construction offshore by 2030 – equal to 8GW operational, far short of the 54GW being aimed by energy regulatory around the world, and 12.5% down on 2021 predictions of the total capacity to be deployed by this date.