The total size of the pipeline of floating offshore wind projects worldwide shows that it currently stands at over 54GW if all are fully constructed. The pipeline includes projects from an early stage of development through to those which are fully operational.

Over half of this is in Europe (30.9GW), with the UK leading the world at 8.8GW. Ireland has 7.7GW in the pipeline, Sweden 6.2GW and Italy 3.7GW. Norway, Spain and France are also planning to deploy floating wind at scale.

The most important global players in floating wind outside Europe are Australia at 7.4GW, South Korea on 7.1GW and the US which has a pipeline of 5.5GW. Taiwan has 1.5GW and Japan 1.3GW. China and Saudi Arabia are also planning projects.

The figures, researched by RenewableUK, noted that for the UK the Government’s recent announcement of a dedicated budget of £24m to support floating projects in the next CfD auction will also help boost activity and a significant number of floating wind farms are expected to come forward as a result of the ongoing ScotWind leasing process by Crown Estate Scotland which has received over 70 applications overall.

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