The offshore wind industry is preparing to make a transition from 33 to 66kV inter-array cables.
With 3.6 GW new capacity, 2015 is set to become a record-year for grid-connections, corresponding to a near doubling of the added capacity in 2014. This unusually high level of capacity is primarily driven by the German market, where commissioning of a number of converter stations has led to a host of turbines getting grid-connected.
Looking ahead, the global market is forecasted to grow at a 19% compound annual growth rate globally between 2015 and 2024. Development will slow down in 2016, mainly driven by the transition from the RO to the CfD support scheme in the UK, implying that no grid-connections will take place in the UK.
A few key points in the report include:
- High growth in offshore wind market is expected to follow 2016 contraction in new grid-connected capacity
- Turbine ratings are increasing rapidly, and by 2020 the average global turbine rating will increase by more than 60% compared to the average in 2015
- The industry is now preparing to make a transition from 33 to 66 kV inter-array cables
- Monopiles continue to dominate the foundation market, with more jackets gradually expected to enter the market in the coming years.
MAKE’s Global Offshore Wind Power 2015, a 90-page report, contains 128 charts, tables, and graphs and provides in-depth analysis of the global offshore wind power market. Key topics covered include global, regional, and country-specific market assessments, supply-demand trends for turbine assembly, balance of plant and installation, asset ownership trends, project finance trends, and LCOE trends combining insight on the industry’s latest trends to analyze implications for the global offshore wind power market.
Filed Under: News, Offshore wind
