Hogan Lovell OffshoreBook 2023 230809 OnlinePDF - Flipbook - Page 273
Offshore Wind Worldwide 2023
1. STATE AND FUTURE OF
OFFSHORE WIND PROJECTS
1.1 Current state of offshore wind
development and projects
The UK has long been a world leader for offshore wind and been at the forefront of the
global industry since its inception.
Today, it continues to be one of the largest
and most exciting offshore wind markets,
providing "an excellent development oppor-
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tunity, given established market structures, a stable policy outlook and a clear
route to seabed rights. Foremost though,
the UK offers some of the best conditions
for offshore wind development, with long
coastlines, favourable wind conditions and,
in many areas, shallow waters with depths
of 50 metres or less. This world-class natural
resource has enabled the UK to play an early
and crucial role in the development of the
global offshore wind sector."1
(Source: The Crown Estate – Round 4 Information Memorandum)
1
https://www.thecrownestate.co.uk/media/3321/tce-r4-information-memorandum.pdf
