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POWER: UK To Account for 74% of EU Floating Wind Capacity

POWER
BulletPower BulletsEnergy BulletsCommodities

The UK could account for 74% of the EU's floating offshore wind capacity by the end of the decade, with EU floating wind capacity to reach 2GW by then, of which, 1.47GW are in the UK, WindEurope said, cited by Montel.

  • This is up from just 208MW installed across the EU.
  • The UK government awarded Green Volt’s 560W floating offshore wind farm a CfD for 400MW of the total capacity at a strike price of £139.93/MWh. Operations are set to begin in 2029.
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The UK could account for 74% of the EU's floating offshore wind capacity by the end of the decade, with EU floating wind capacity to reach 2GW by then, of which, 1.47GW are in the UK, WindEurope said, cited by Montel.

  • This is up from just 208MW installed across the EU.
  • The UK government awarded Green Volt’s 560W floating offshore wind farm a CfD for 400MW of the total capacity at a strike price of £139.93/MWh. Operations are set to begin in 2029.