APPLICATION REPORT | POWER


BLOWN AWAY


The majority of growth outside of Europe in the offshore wind market will come from China and Taiwan, with contributions from the US becoming sizeable from 2024 when the first utility-scale offshore project begins. Jenny Eagle takes a closer look at this industry sector.


ambition levels and new countries join the industry. With an average annual growth rate of 18.6% until 2024 and 8.2% up to the end of the decade, annual installations are expected to sail past the milestones of 20 GW in 2025 and 30 GW in 2030, claims GWEC Market Intelligence. It reports over 205 GW of offshore wind capacity will be added over the next decade with three-quarters of this volume installed in the latter half (2025-2030), as projects currently in the planning stages get connected to the grid. For example, BW Ideol signed a


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memorandum of understanding with Hitachi ABB Power Grids in June for an industry-first collaboration on developing scalable floating substations. Hitachi ABB Power Grids will provide substation packages for installation on BW Ideol’s shallow-draft floating platforms. According to BW Ideol, the floating substations will be implemented with bottom-fixed wind farms to mitigate challenging seabed conditions and/or challenging offshore installation operations. The substations will comprise transformers, switchgear and other high-voltage products developed by Hitachi ABB Power Grids for floating offshore platforms. “We are accelerating the delivery of a


market-ready floating substation,” said Paul de la Guérivière, Chief Executive Officer, BW Ideol. “It brings together two


P The Liebherr LG1750 www.hoistmagazine.com | August 2021 | 23


he global outlook for the offshore wind sector up to 2030 has grown more promising over the past year as governments raise their


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