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 Installation Vessel

Related Stories

GO Searcher Multi-Purpose Vessel Returns to Guice Offshore Fleet

Aqua superPower, Tidal Transit Partner on Electric CTVs

Boskalis Orders High-Capacity CLV for Offshore Wind Market

Current News

IKM Aconan to Deliver Drilling, Well Services for Vår Energi

Unity Wins North Sea Decom Contracts, Expands Overseas

Denmark Receives Offshore Wind Bids as Tender Scheme Rebounds

Borr Drilling’s First Quarter Profit Takes Hit as Odin Rig Start-Up Lags

Subscribe for OE Digital E‑News