Marine Wind Power Will Reach 500 GW By 2050

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Growth forecasts for the offshore wind market show accelerated growth over the next decade, with an accumulated capacity that will range between 154 and 193 gigawatts (GW) by 2030.

Long-term predictions suggest producing wind turbines with a capacity greater than 500 GW by 2050, according to a new report from the National Renewable Energy Laboratory (NREL). 

In 2018, the development of offshore wind energy projects in the United States grew 1.4% with a potential generation capacity of 25,824 megawatts (MW). 

Policy commitments at the state level accelerated, driving greater market interest in offshore wind development. The interest of offshore wind power grew in California with the approval of Senate Bill 100, the 100 percent Clean Energy Act of 2018.

The greatest interest of the US market UU. stimulated strong competition in offshore wind lease auctions. Higher offshore wind lease sales prices indicate: greater confidence in future market growth driven by state policies; trust in regulatory and financial institutions to support the development of offshore wind energy projects in the emerging US market; Continuous cost reductions and increased demand for offshore wind power in the northeastern United States. 

Industry forecasts suggest that the US offshore wind capacity UU. It could grow from 11 to 16 GW by 2030.

At the end of 2018, the accumulated global installed capacity of offshore wind power grew to 22,592 MW with 176 operational projects. As of December 31, the development capacity of offshore wind power was approximately 272,000 MW. 

In 2018, new commitments were added in Massachusetts (an additional 1,600 MW authorized by 2035), New York (6,600 MW added by 2035) and New Jersey (2,400 MW added by 2030), while Connecticut and Rhode Island agreed to purchase energy from the Revolution project 600 MW of Orsted. 

The pilot projects of floating marine wind energy are advancing, with a global power for floating offshore wind energy that reached 3,100 MW in 2018, with 29 projects announced and 44 MW of operational projects.

The global power for floating offshore wind energy reached 3,100 MW in 2018, with 38 projects announced and 44 MW of operational projects. 

Marine Wind Power Will Reach 500 GW By 2050

Written by NREL researchers Walter Musial, Philipp Beiter, Jake Nunemaker, Vahan Gevorgian and Paul Spitsen of the Department of Energy, the report provides detailed information on the national offshore wind industry and its technical and market barriers.

 

Source: evwind