Published on May 7th, 2015 | by Joshua S Hill21
Germany To Top Global Offshore Wind Installations In 2015, Surpassing UK
May 7th, 2015 by Joshua S Hill
A new report from GlobalData has found that Germany is set to overtake the UK as global leader for annual offshore wind turbine installations this year, with an estimated 2,071 MW set to be added this year.
Germany’s anticipated installation figures for this year are an almost fourfold increase from the country’s 529 MW installed during 2014, according to GlobalData, a global research and consulting firm. The report details the global quarterly intake for wind turbines, covering both onshore and offshore.
According to the report’s executive summary, GlobalData highlights the substantial improvement of the global wind market in 2014, with annual installations reaching 52 GW, representing a growth of nearly 45% on 2013 levels.
Specifically, GlobalData predicts that global annual offshore wind turbine installations will more than double in 2015 — up from 2014’s 1,681 MW to an estimated 3,903 MW in 2015, and then a small predicted dip to 3,255 MW for 2016.
Not only will Germany soar to number one, however, with an estimated 2,071 MW, but the UK will drop to third place, remaining relatively steady with 801 MW, down marginally from 813 MW in 2014. China, on the other hand, will jump into second position with 817 MW in 2017.
“Germany’s huge increase in offshore installations is attributable to several offshore wind projects scheduled to come online in 2015,” said Ankit Mathur, GlobalData’s Practice Head for Power. “China is also planning an array of offshore wind projects this year, which will see it overtake the UK for annual installations.
“Additionally, the next few years will see China maintain its annual offshore wind installations around the 1 Gigawatt mark, while the UK will observe relatively lower installations until 2018, when the country’s next offshore growth spurt is expected.”
Across the whole industry, GlobalData is predicting the 2015 cumulative installed capacity to reach 425 GW, an increase of 14%, with new wind turbine order intake in Q1’15 set to increase by 44% over Q1’14, and 8% over Q4’14.
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