Insight
Global offshore wind power production and revenue assessment 2022
Report summary
The Offshore wind power production and revenue assessment examines the growth and characteristics of offshore wind power production and their impact on revenue by year-end 2021. The report and accompanying dataset is a collaboration between Wood Mackenzie's Offshore Wind Service and European Power Service. The report covers: - Growth and geographical distribution of offshore wind production - Performance metrics for the operational offshore wind fleet, including annual wind speeds - What high capture prices meant for the levels of government support required for premium payments and subsidies - How 2021 demonstrates the upside to balancing risk across an offshore wind portfolio - Discussion on what power market developments and offshore wind production mean for consumers, governments and offshore wind asset owners The report is supported by a dataset consisting of over 100,000 project-level datapoints on offshore wind power production and annual revenues.
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