Slow-down in offshore industry

Jan. 30, 2014 at 14:17 by Svitlana Slavina in Ship Building and Technology

Over the last year a record number of offshore turbines, namely 418, started working in Europe and produced 1,567 Megawatts of new energy. In comparison to 2012 it is one-third more and has become enough to conduce 0,7 % of electricity to EU.

Despite these good figures, an obvious slow-down has been observed in the offshore industry during the last year. This is due to unclear political support that now leads to offshore wind power projects being launched with delay. As a result, the market and regulatory stability will unlikely provide the 22,000 MW of the planned projects over the whole Europe.

The deputy CEO at the European Wind Energy Association Just Wilkes claimed the offshore industry needs an ambitious decision on a 2030 renewable energy target by Government leaders in March.

Slow-down in offshore industry

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