GLOBAL WIND ENERGY COUNCILGWEC | GLOBAL OFFSHORE WIND REPORT 2022 GWEC.NETAssociate SponsorsSupporting SponsorLeading Sponsor 1GWEC | GLOBAL OFFSHORE WIND REPORT 2022Foreword 2Executive Summary 6Part One: Supply Chain 12Part Two: Policy 21Part Three: Sustainability of the Industry 28 Part Four: Technology 39Market Status 2021 55Markets to Watch 57Market Outlook 2022-2031 83Appendix 98Global Leaders 102Sponsors and Contacts 104 Table of ContentsGlobal Wind Energy CouncilRue de Commerce 31 1000 Brussels, Belgium info@gwec.net www.gwec.netLead Authors Rebecca Williams, Feng Zhao, Joyce LeeContributors and editing by Ben Backwell, Emerson Clarke, Wanliang Liang, Anjali Lathigara, Esther Fang, Reshmi Ladwa, Marcela Ruas, Liming Qiao, Mark Hutchinson, Thang Vinh Bui, Maf Smith, Nadia Weekes, Alastair Dutton, Martha SelwynPublished29 June 2022Designlemonboxwww.lemonbox.co.ukGLOBAL WIND ENERGY COUNCILFOREWORD 2 3GWEC | GLOBAL OFFSHORE WIND REPORT 2022ForewordWelcome to the Global Offshore Wind Report 2022 - “Offshore Wind - the Next Horizon”. It feels like the world has changed substantially since our 2021 edition. It also seems evident that we are working towards a new horizon for offshore wind technology, where wind will play an increasingly critical role in energy systems across the world.Countries globally are now grappling with the unprecedented twin challenge of ensuring secure energy supplies and meeting climate targets to stem the worst effects of global heating. 2022 so far, has seen consumers globally bear the brunt of spiraling fuel and power prices as well as associated inflation, creating a cost of living crisis being felt in every corner of the world. It has also seen record emissions and temperature increases, ...
