Floating Wind: What Opportunities Exist for Installation Companies and Vessel Owners?

Greg Trauthwein
Monday, September 11, 2023

Floating offshore wind is an emerging technology with strong potential to become a major energy source. A fleet of specialized vessels will be required to help grow grid-connected floating wind capacity from 200 megawatts at the end of 2022 to a projected 61 gigawatts by 2035. The available market for vessel owners, ranging from pure T&I to full floater EPCI scopes of work, amounts to $28-145 billion in the period, according to a new report from Intelatus Global Partners. The firm’s research director, Philip Lewis, joins Offshore Engineer TV to discuss opportunities and challenges on the road ahead.

Categories: Energy Vessels Offshore Wind Support Vessel Renewables Offshore Wind Offshore Wind Offshore Wind Offshore Wind Offshore Wind Offshore Wind Offshore Wind Offshore Wind Installation Vessel

Related Stories

Governments Take Action to Keep Offshore Wind Projects on Track

Iberdrola to Invest $15 Billion in Britain Through 2028

Octopus Energy Buys Stake in UK Offshore Wind Farm

Current News

PTTEP’s New Discoveries in Malaysia Support Cluster Development

CAPP Says Canada’s Emissions Cap will be Production Cap

Woodside in Talks with Santos to Form $52 Billion Australian Gas Giant

Hornbeck Offshore Discloses Revenue Growth in Its IPO Paperwork

Subscribe for OE Digital E‑News