This is more than 18 times the current global demand for electricity. This means that offshore wind alone could compensate the different electricity generation systems and meet current and future demand. Moreover, with two thirds of the world’s population living less than 150 km from the coast, the sector will quite naturally grow exponentially with the emergence of this technology, which could benefit a very large population.
The latest Carbon Trust report predicts that the floating offshore wind market will reach 10.2 GW by 2030, 28 GW by 2033, and 70 GW by 2040. A recent report by the DNV GL forecasts an installed capacity of 250 GW of floating wind power by 2050.
For France, the ADEME ecological transition agency identifies a technically exploitable potential that can be reconciled with other sea uses of 33 GW for floating wind turbines, i.e. double the potential for fixed-foundation offshore wind turbines, estimated at 16 GW.
Taking into account the development and potential of offshore wind turbines, when drawing up the multi-annual energy programme for the period 2019-2028, the French State upped its deployment objectives for offshore wind turbines from 5.2 to 6.2 GW. In so doing, it validates the utility of this resource based on its production capacity and its complementarity with onshore wind turbines to strengthen the security of France’s electricity supply. Three calls for tender dedicated to floating wind turbines are already planned for the attribution of a total capacity of 750 MW by 2022.
The potential of floating wind power and the importance of the future market are attracting a large number of players, both developers of renewable energy production farm projects, and large oil and gas companies seeking to diversify their activities and take up a clear position in this sector.