GWECs Global Offshore Wind Report 2022

Political commitment to net zero already puts offshore wind in a vital position for reaching net zero. The energy crisis and the Russian invasion of Ukraine has seen governments further raise their offshore wind targets as they look to secure their energy supplies. The Global Offshore Wind Report 2022 forecasts government targets will take the world close to the GWEC/IRENA Offshore Wind Energy Compact target set out in 2021. 

In order to go further and reach that 380 GW figure by 2030, a gargantuan effort is required to turn these ambitions into actions. Government, industry and other stakeholders must work together to ensure that seabed concessions are being licensed at the right pace, to make sure that planning processes are simplified and made more efficient and to ensure that procurement schemes such as auctions can deliver sustainable prices which recognise the system and social value of offshore wind energy.