2024.01.16
Offshore wind power in Europe
According to a new report, total global offshore wind investment reached a record high in 2023.
The report, published by Clarksons Securities, is based on the sum of CAPEX for projects that made final investment decisions (FIDs) in 2023.

According to statistics, a total of 19.5GW of projects made final investment decisions in 2023, with a total investment of US$59 billion. Among them, a total of 8 projects/9.2GW of capacity have been implemented in Europe, corresponding to an investment of US$33 billion, and a single project investment of about US$4.1 billion, which is higher in scale and price per unit capacity than the rest of the world.
The report points out that despite the negative impact of global inflation and supply chain constraints, the offshore wind industry has achieved good results.

Finally, the report analyzes: "In 2024, the Asian market will continue to grow rapidly, driven by the Chinese market, and the US market will also rise significantly. As a result, we believe that the total investment in the global offshore wind market is likely to reach new highs in 2024. ”

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