Connect with us

Hi, what are you looking for?


Clean Power

United Kingdom Leading Offshore Wind Power Market

The United Kingdom exists as one of the most likely locations on planet Earth to build up a strong offshore wind power industry, and according to new data from analysts GlobalData, that’s exactly what the UK has done, with 52% of the global cumulative installed capacity share.

On top of that, GlobalData predicts that the UK will increase its installations from 3.7 GW in 2013 to 11 GW in 2020, keeping it the leading offshore wind power market.

The United Kingdom grew its offshore wind power capacity from just over 0.3 GW in 2006 to its current level of 3.7 GW, thanks to what GlobalData describe as “aggressive renewable targets, policy backing and a shift towards a greener climate.”

“The UK’s growing concerns over climate change and the security of its energy system will provide sufficient impetus for the country’s offshore wind industry to continue its growth trajectory,” said Swati Singh, GlobalData’s Analyst covering Power. “The last decade has seen offshore wind progress from an immature to a proven technology, which is expected to contribute significantly to the achievement of the UK’s renewable targets.”

The report, ‘Offshore Wind Turbines and Foundations – Global Market Size, Market Share, Regulations and Key Country Analysis to 2020‘, analysed the global offshore wind turbine and foundations market, as well as specific offshore wind markets in the UK, Germany, Denmark, Belgium, China, South Korea, and the US.

With an estimated annual investment of $8 billion in 2013, GlobalData reckon that the offshore wind industry will continue to grow, becoming “one of the biggest renewable power market segments” over the next 6 years. For the UK specifically, as offshore wind power only adds up to 3% of the total of the country’s total energy generation, GlobalData predicts further investment to be funneled into the industry to help reach the country’s 15% renewable energy generation target by 2020.

I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it! We just don't like paywalls, and so we've decided to ditch ours. Unfortunately, the media business is still a tough, cut-throat business with tiny margins. It's a never-ending Olympic challenge to stay above water or even perhaps — gasp — grow. So ...
If you like what we do and want to support us, please chip in a bit monthly via PayPal or Patreon to help our team do what we do! Thank you!
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

I'm a Christian, a nerd, a geek, and I believe that we're pretty quickly directing planet-Earth into hell in a handbasket! I also write for Fantasy Book Review (, and can be found writing articles for a variety of other sites. Check me out at for more.


You May Also Like

Clean Power

Wrights Law isn't going to save the deep inefficiencies of SMRs. As I pointed out two years ago, the world tried tiny commercial nuclear...


The number of new VLCCs to be delivered in 2024? Zero. The number to be delivered in 2025? One.


When is a battery component a battery material? When the Treasury department says it is and that may lead to some drama on Capitol...


After stumbling on biofuel, algae finds its footing and steps up to help the concrete industry cut its carbon footprint, too.

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.