Offshore Wind Worldwide 2022 edition - Flipbook - Page 8
8
Hogan Lovells
Editor’s Preface
Despite the ongoing coronavirus pandemic,
the global offshore wind industry has had a
remarkable year. In 2o21, global offshore
wind capacity grew by almost 50%
compared to 2020. Especially China
accelerated the expansion and contributed
significantly to the increase with newly
installed capacity of 12.7 GW in 2o21. With
this growth, China is now pioneer and
driving force in the global market of
offshore wind.
But also other countries are showing
their will to push ahead with expansion.
In Europe, especially the UK, the
Netherlands and Denmark have
significantly expanded their offshore
wind capacities in 2o21. In the first two
countries mentioned, more than 5 GW
of offshore wind capacity is also under
construction until end of 2021. In
addition, Taiwan is continuing its
strong expansion with around 2.5
GW of additional capacity under
construction.1
This development and the currently
emerging markets all around the
world show the increasing
importance of offshore wind. On
the one hand, many countries see
the economic potential and want
to participate in the economic
upswing. At the same time they
recognize that offshore wind
plays a crucial role in the fight