Benchmarking Europe's corporate offshore wind leaders

Six companies stand out in European offshore wind. Market leader Ørsted along with RWE, Iberdrola, Vattenfall, SSE and Equinor are driving unprecedented growth in the world’s most advanced offshore wind markets. Based on current commercial portfolios, this diverse group of companies will account for around 40% of capacity in Europe’s established offshore wind markets through to at least the mid-2020s. In our slide pack we analyse the leading players in the advanced markets of Belgium, Denmark, France, Germany, Netherlands and the UK. We consider the leading companies’ strategies and current portfolios. The report covers the following topics: - Strategy: the role of offshore wind in company renewables strategy - Investment and costs: which companies will spend most? Who has the lowest cost portfolio? - Growth and returns: how will generation, cash flow and returns evolve for each company? - Asset rotation: how have asset sale proceeds compared to operational cash flow?