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View benefitsGovernments are increasingly considering offshore wind as major part of electricity mix – spurred on by cost declines and power needs.
Offshore wind increasingly considered in combination with Hydrogen production and carbon reduction schemes in the O&G industry.
New markets emerge across the world while Europe and the US are upping targets and speed.
Continued growth in the development portfolio through large scale fixed-bottom and floating projects - for the second year in a row it grew by over 200 GW in 2021 - to more than 1 TW
Supply chain constraints and other factors could mean markets across all regions are at risk of missing ambitious government targets – and project plans.