Global wind pipeline hits over 1,100GW

New research shows that the UK’s pipeline of offshore wind projects at all stages of development now stands at 99.8GW across 130 projects – an increase of 14GW over the past 12 months. This includes 13.7GW of fully operational capacity and a further 13.6GW under construction or with support secured for a route to market.

The UK’s pipeline is now 8.5 per cent of the global total which now stands at 1,174GW across 1,417 projects in 38 countries – an increase of 508GW over the past 12 months.

The data, published by RenewableUK’s EnergyPulse, shows that, in terms of global operational capacity which is now 60GW, China is in the lead with 47 per cent (28.3GW), while the UK retains its position as the second largest with 23 per cent (13.7GW). China and the UK are expected to retain first and second place until at least 2030.

RenewableUK’s CEO Dan McGrail said: “It’s great to see the UK retaining a powerful position in offshore wind, second only to China. However, as our latest report shows, new markets are emerging fast in places like Australia and Brazil, so we can’t take our current status as a world leader for granted. The US and EU are offering massive financial incentives for developers to build renewable energy projects while in the UK we’re being taxed more heavily than oil and gas companies.”

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