In Asia-Pacific, floating offshore wind interest in South Korea and Japan continues to grow. Ever-larger projects continue to be announced by developers, albeit in the early planning stages. In South Korea, green goals announced for 12 GW of offshore wind by 2030 have led to an influx of interested global developers, with up to 6 GW of floating wind proposed to be built off the coast of Ulsan. Industry leaders are particularly concerned on the technological advancements and project management capacities.
The report - Riding the Waves of Offshore Wind shows the development plans of floating offshore wind projects and its investment potential over the next decade.
Have a read on the industry outlook for Offshore Wind by IHSMarkit
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