Globally offshore wind could grow more than 6.5 times by 2030, becoming a key power generation technology, International Renewable Energy Agency has predicted. The agency says that offshore wind power has the potential to grow from just 13 gigawatts in 2015, to 100 GW in 2030.
Adnan Z. Amin, Director-General of IRENA said: “Offshore wind power is poised to become a leading power generation technology in a decarbonised global economy. Now that onshore wind power is cost-competitive with conventional power generation technologies, more attention is shifting to offshore applications, characterised by high technical power generation potential.”
According to IRENA technology innovation will be a key driver of the offshore wind boom. The report highlights upcoming innovations that will enable sector development, including next generation wind turbines with larger blades, and floating turbines, which will open up new markets in deeper waters. These advancements, combined with other sector developments, will reduce average costs for electricity generated by offshore wind farms by 57% over time – from $170 per megawatt hour (MWh) in 2015 to USD 74 per MWh in 2045.
“The potential for offshore wind is enormous, but to realise it, governments must support technology innovation, and implement mechanisms to reduce technical risk and finance costs,” said Stefen Gsaenger, Secretary-General of the World Wind Energy Association. “This report from IRENA helps lay the foundation for this needed action.” Wesley Walker Womens JerseyShare This