Quest Floating Wind Energy Releases Major Offshore Wind Study
The Global Floating Wind Energy Market & Forecast 2019 – 2031 Report opens with an Economic Perspective of the Industry, then delves into current/planned/possible projects, along with the Total Addressable Market opportunities for each major link on the Supply Chain. The Outlook to 2031 sees upwards of 14 GW installed and extensive detail is provided for all regions. An analysis of the Supply Chain including market shares covers Developers, Turbine Manufacturers, Designers, the Mooring segments, Cabling and Installation activities.
This report is will give the reader a complete overview of the Global Floating Wind Energy market, from projects in place Worldwide with CapEx estimates on all segments of the Supply Chain, along with opportunities within each segment of the Supply Chain. The reader gets far more than your typical “top-down” forecast as we employ an in-depth detailed methodology (Deep Data) which allows the reader to assess the impact of future growth by analyzing the benchmarks set forth in this report collectively, as well as across the Supply Chain segments.
This “Deep Data” is projected in over 150 figures (graphs, charts, data tables, maps and infographics) and delivered in a 140-page Acrobat PDF report. Quest Floating Wind Energy is part of the Quest Offshore family, which since 1999 has been providing data to major energy producers, offshore contractors and suppliers, as well as 100+ global financial firms.
Floating Wind is a $62+ billion Opportunity and Growing
Many are looking to Offshore as a more beneficial environment to harvest larger volumes of wind energy. Offshore wind farms are developed with ‘bottom fixed’ structures in relatively shallow, near shore waters. As 80% of the best wind resources lie in waters beyond the reach of bottom fixed (~60m), floating wind technology is increasingly accepted as ‘the future’ of offshore wind. Turbine capacity has more than doubled in a matter of years and accommodates the philosophy of ‘the bigger the turbine, the better’.
Developers are moving into large scale commercial projects where the economies of scale and serial production of floating units will bring down cost. If an Offshore Wind Farm of 10 turbines or 100MW is considered commercial, it is anticipated that currently planned Wind Farms of 100 floating units and more will offer even better project economics. The long-held argument that Floating Wind is too expensive will no longer stand if a large-scale project returns more power revenues than a comparable sized bottom fixed. Floating Wind and Bottom Fixed can be complimentary and projects may very well see the combination of both, in the near future.
The newly released report GLOBAL FLOATING WIND ENERGY MARKET & FORECAST (2019 – 2031) illustrates how super-sized Floating Wind Projects now have a Total Addressable Market (TAM) in excess of $62 Billion.
Q FWE Projects Map
A complete overview of all floating wind projects out to 2030. This package includes a premium, fully functional online map, plus Project & Concept Data Sheets. Access the world’s most comprehensive floating wind data in an affordable, entry-level package. Subscribe today for 24/7 access at $495/year.
Q FWE Projects Map Demo Video
The Q FWE Projects Map also includes the Project and Concept data sheets. These are the latest output from the Quest FWE extensive database of projects & floater designs.
For each project, the database contains 250 data points, continuously updated as the project develops, utilizing primary (first hand) sources. Factual data is obtained from public sources and in the majority of the cases verified by the projects’ developers and floater designers.
Concept of the Month
The Q FWE Concept of the Month is Hexafloat Designed by Saipem.
Hexafloat Data Sheet
Q Vision CapEx Module Identifies a Total Addressable Market of 50+ Billion USD for Floating Wind Energy
Future investment into the Floating Wind market is considerably higher than many realize. Quest FWE has now created an analytical tool which allows the user to investigate numerous market facets of Floating Wind CAPEX. The Q Vision CAPEX module offers 8 distinct lenses from which to navigate this continually updated data system. *For a limited time, this Q Vision Capex module is available for your review at https://questfwe.com/pbi-capexdemo/
Project of the Month
The Q FWE Project of the Month is Donghae TwinWind designed by Shell and CoenHexicon.
Donghae TwinWind – Data Sheets