The global renewable power capacity must triple by 2030 to keep the 1.5°C target of the Paris Agreement within reach. Offshore Wind capacity would need to reach almost 500 GW in 2030, a fourteen-fold increase in comparison to 2020.
Offshore technology’s high energy output and its ability to be built up quickly at gigawatt-scale makes offshore wind a valuable and cost-effective option to provide electricity to densely populated coastal areas.
Innovation is crucial to develop new foundations for turbines far off the coast or boost sector coupling. A joint study published today by the International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) assesses patent statistics to reveal the most recent technological trends that have been taking place in the offshore wind industry.