Despite the Covid-19 pandemic, the world’s put in offshore wind capability rose by 15% in 2020, reaching 31.9 gigawatts (GW) at year-end, from 27.7 GW on the finish of 2019, Rystad Energy estimates. China was the principle contributor in 2020, accounting for 39% of final yr’s additions, adopted by the Netherlands (18%) and the UK (17%).
Rystad Energy expects the worldwide put in offshore wind capability to additional improve by 11.eight GW in 2021, a monumental 37% step-up in comparison with 2020’s 31.9 GW. China will proceed to guide the brand new capability additions, contributing 63% of the anticipated development.
As Covid-19 hit the Chinese market first, fears over provide chain disruptions emerged, with offshore wind builders apprehensive about delays to initiatives down the road. And because the pandemic unfold all through the world, dangers of a extreme stoop in building exercise grew. More nations closed their borders and went into lockdown and a number of other manufacturing websites for generators and different parts quickly shut down operations.
However, with the primary wave of the virus settling, the offshore wind market returned to a development trajectory, supported by elevated capability targets from a number of nations. While staying resilient in an unsure market was key in 2020, this yr the business finds itself positioned for document development, particularly as commissioning actions choose up tempo in Asia and all over the world.
Europe and the US additionally noticed some delays as a result of pandemic. The builders of the second part of the 50 MW Kincardine floating offshore wind undertaking in Scotland and the Kriegers Flak mixed grid resolution in Denmark needed to delay start-up. In the US, Danish participant Ørsted introduced in October delays of at the least one yr for 5 initiatives resulting from allowing points.
Nevertheless, offshore wind builders stayed dedicated to their ambitions and continued to make remaining funding choices for initiatives in 2020. The UK sanctioned greater than four.7 GW of offshore wind and the Netherlands adopted with over 2.2 GW. As a end result, main initiatives comparable to Triton Knoll within the UK, Borssele three & four within the Netherlands and Kriegers Flak in Denmark are anticipated to be accomplished throughout 2021.
In the second half of final yr, virtually 25 GW of capability was added to the worldwide backlog. Currently, Brazil has no operational offshore wind capability, however its backlog grew considerably throughout 2020 because the nation added greater than 15 GW to the drafting board.
In addition, different areas in Asia outdoors China are getting ready for a ground-breaking yr, Taiwan and Vietnam have lastly began so as to add important volumes to their undertaking pipelines – making 2021 a yr to sit up for within the offshore wind market.
(Source: Rystad Energy – Image: Wind farm in China/China Daily)

The put up FUELED BY CHINA GLOBAL OFFSHORE WIND CAPACITY TO SEE 37% GROWTH IN 2021 appeared first on Energy Global News.

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