Search and Filter Through Our Comprehensive Database of Offshore Wind Farm Projects and Tenders in European Union (EU) Region
Identify and track latest offshore wind park projects (upcoming, ongoing/under-construction, completed), tenders, and contract awards. Our extensive database and user-friendly interface make it easy for you to find the right business opportunity in European Union (EU) Region.
A Comprehensive Database for Offshore Wind Farms in Europe
The European Union (EU), with its vast coastlines and five sea basins, holds immense potential for both offshore wind and ocean energy. Renewable energy from the seas is a critical component of the clean energy transition, providing a diverse range of technologies that can help the EU achieve its Green Deal energy and climate goals. The EU is a global leader in wind power, with ambitious policies and investments that have facilitated the development of wind power technology. European companies have been at the forefront of this industry, with the first offshore wind farm installed in Denmark in 1991.
Currently, the EU is a global leader in the manufacturing of key wind turbine components, as well as in the foundations and cables industry. Almost half of the active companies in the wind sector (onshore and offshore) are headquartered in the EU. To explore offshore sites further out to sea with stronger and more consistent winds, several European developers are working on floating offshore wind turbines. Multiple pilot projects are already up and running, with deployment expected to accelerate towards the end of this decade.
Offshore Wind Energy Industry Development in Europe
The offshore wind energy industry in Europe has experienced significant growth and development, positioning the continent as a global leader in this sector. Europe boasts the largest operational wind farms utilizing both bottom fixed and floating foundation technologies, with a total offshore capacity capable of meeting the region's increasing electricity demands.
The North Sea and the Baltic Sea are particularly attractive for offshore wind projects, with significant wind farms already in operation. The EU's offshore wind capacity is expected to grow significantly in the coming years, with offshore wind power generation becoming an increasingly important part of the region's renewable energy mix.
The European Green Deal, aiming for climate neutrality by 2050, sets ambitious targets for onshore and offshore wind capacity, with a focus on deploying 450 GW of offshore wind by 2050. The European Commission's EU Offshore Renewable Energy Strategy outlines a comprehensive plan for the development of offshore wind in Europe over the next three decades. It emphasizes the need for significant investments in infrastructure, grid connections, floating platforms and port facilities to support the growth of offshore wind projects.
Several wind energy companies like Orsted, Siemens, GE, , and Sumitomo Corporation are also investing in offshore wind power generation in Europe, recognizing the potential of this technology to contribute to a more sustainable energy future.
Market Segments
The offshore wind industry in Europe can be segmented into various market categories, including turbine rating, components, installation, depth, and country.
Turbine Rating
Offshore wind turbines can be categorized based on their power output or rating. The turbine rating segment includes small-scale turbines (up to 1 MW), medium-scale turbines (1-3 MW), large-scale turbines (3-6 MW), and extra-large-scale turbines (6 MW and above). The market for extra-large-scale turbines is expected to grow significantly due to their higher energy production efficiency and economies of scale.
Component
The offshore wind industry can also be segmented based on the components used in wind turbines, such as turbine blades, generators, gearboxes, and control systems. The market for advanced components, such as aerodynamically optimized blades and efficient generators, is projected to grow as they contribute significantly to the overall performance and efficiency of wind turbines.
Installation
Offshore wind turbines can be installed using fixed or floating foundations. Fixed foundations are typically used in shallow water depths while floating foundations are used in deeper water. The floating wind farms are expected to grow rapidly due to advancements in floating foundation technology, which enables the deployment of turbines in deeper water and untapped wind resources.
Depth
Offshore wind turbines can be installed in different depth ranges, such as 0-30 meters, 30-60 meters, and above 60 meters. The market for turbines installed in deeper water is projected to grow as advancements in floating foundation technology enable the deployment of turbines in deeper water and untapped wind resources.
Country
The offshore wind industry in Europe can be segmented based on the country of installation. The United Kingdom, Germany, Denmark, and the Netherlands are leading countries in offshore wind energy, accounting for a significant share of the market. However, emerging markets, such as France, Spain, and Poland, are expected to grow rapidly due to favorable government policies and increasing investments in offshore wind energy
Some of the Largest Offshore Wind Farms in Europe
Sylen Offshore Wind Power Plant
The Sylen offshore wind power plant, with a planned capacity of 8,675 MW, is being developed in the Gulf of Bothnia by SVEA Vind Offshore and Iberdrola Renovables Energia, S.A. The project is still in the early stages, with the consultation process with the County Administrative Board beginning in 2023. Once completed, the Sylen offshore wind power plant is expected to contribute significantly to the EU's renewable energy goals and reduce carbon emissions in the region.
Med Wind Offshore Wind Power Plant
The Med Wind offshore wind power plant is a proposed floating offshore wind park in the Strait of Sicily, located 60km from the Italian coast. The project, developed by Renexia, a subsidiary of Toto Group, will consist of 190 floating turbines with a total installed capacity of 2.8 GW and an estimated annual production of almost 9 TWh. The Med Wind project is part of Italy's Renewable Energy Development Plan (PNIEC) and is expected to power 3 million Italian households and reduce carbon emissions by 2.7 million tons.
Eystrasalt Offshore Wind Power Plant
The Eystrasalt Offshore Wind Power Plant, situated in the Gulf of Bothnia, Sweden, boasts a substantial capacity of 3,900 MW. This project, owned by Skyborn Renewables, is currently in the announcement stage and is anticipated to begin construction in 2025. With 256 turbines planned, the offshore wind power plant is projected to commence commercial operation in 2029, contributing significantly to Sweden's renewable energy goals and enhancing the country's energy sustainability.
Erik Segersall Offshore Wind Power Plant
The Erik Segersall Offshore Wind Power Plant, developed by Norway-based Deep Wind Offshore, boasts a capacity of 6,000 MW. This single-phased project is scheduled to commence in 2025, with commercial operations expected to start in 2029. Spanning approximately 1,100 square kilometers in Sweden's economic zone (SEZ), the Erik Segersall project is poised to significantly contribute to the region's renewable energy targets and bolster its clean energy portfolio.
IJmuiden Ver Wind Power Plant Zone
The IJmuiden Ver Wind Power Plant Zone is a substantial offshore wind farm project with a capacity of 6,000 MW. This expansive offshore wind power plant, comprising four sites, is situated in the northwest of the Hollandse Kust (west) wind farm zone, approximately 54 km from the coast. The project, led by the Netherlands enterprise RVO, is projected to be completed by 2027. Covering a surface area of 400 square kilometers, the IJmuiden Ver Wind Power Plant Zone is set to provide electricity until 2057, playing a crucial role in the region's renewable energy landscape and long-term sustainability goals.
Drivers of the Offshore Wind Industry in Europe
Several key drivers underpin the growth of the offshore wind industry in Europe. The European Green Deal, with its goal of achieving climate neutrality by 2050, has catalyzed the rapid expansion of offshore wind capacity across the continent. European governments have set ambitious targets and commitments to increase offshore wind installations, with a focus on areas like the North Sea, the Baltic Sea, the Atlantic, and the Mediterranean.
The development of offshore wind projects is supported by initiatives like the North Seas Energy Cooperation and the Baltic Energy Market Interconnection Plan, which aim to enhance cooperation between countries in these regions. Additionally, the EU's strategic focus on offshore renewable energy, as outlined in the EU Offshore Renewable Energy Strategy, provides a clear roadmap for the sustainable development of offshore wind projects in Europe.
Financing the Offshore Wind Projects in Europe
The financing of offshore wind projects in Europe is a critical aspect of ensuring the successful implementation of these initiatives. To support the growth of offshore wind capacity, substantial investments are required in infrastructure, grid connections, and port facilities. European countries, private sectors, and the EU have collectively invested billions of euros in research, pilot projects, and the development of offshore wind technologies.
Various funding mechanisms, such as the Recovery and Resilience Facility, Innovation Fund, European Investment Bank, and EU regional funds, play a crucial role in providing financial support for offshore wind projects. The EU's commitment to boosting skills in the offshore renewable energy sector, promoting diversity and inclusiveness, and enhancing the development of new technologies like floating wind installations and hybrid projects underscores the region's dedication to advancing offshore wind energy as a cornerstone of clean energy transition.
Future Outlook
Looking at the current development and EU leaders’ commitment to boost clean energy, the future outlook for offshore wind energy development in Europe is promising. The offshore wind industry is expected to play a critical role in the region's energy transition away from fossil fuels.
The installed capacity of offshore wind energy in Europe is projected to increase significantly in the coming years, with several large-scale projects in the pipeline. Companies like Siemens Gamesa Renewable Energy and DONG Energy (now Ørsted) are at the forefront of offshore wind turbine manufacturing and project development, driving innovation and efficiency in the sector.
The Irish Sea, along with the North Sea, is one of the key areas for offshore wind development. The region has significant potential for both fixed-bottom and floating offshore wind farms. The region's favorable wind conditions and proximity to population centers make it an attractive location for offshore wind projects.
Looking for a List of Offshore Wind Farm Projects in European Union (EU) Region?
Are you searching for offshore wind park projects and tenders in European Union (EU) Region? We have compiled the most comprehensive and up-to-date database of global projects and tenders to quickly find opportunities needing your services. Blackridge Research's Global Project and Tender database is a valuable resource for EPC companies, general contractors, subcontractors, manufacturers, suppliers, operation & maintenance (O&M) companies, investors, consulting companies, and law firms looking for new business opportunities. Our database includes all the essential project details, contact information of project owners and stakeholders, making it easy for you to establish your connection and grow your business.
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