Monday 2 February 2015

Germany to beat UK in 2015 offshore wind race

Germany to beat UK in 2015 offshore wind race

Germany is to overtake Britain as the European nation with the most amount of offshore wind installations this year, according to a new report.

The UK accounted for more than half of all new installations (54.8%) last year, with Germany in second place (35.7%) and Belgium (9.5%) making up the rest.

While the UK has dominated the race in Europe the past three years, Germany is set to take over in 2015, the European Wind Energy Association (EWEA) said.

The UK is unlikely to fully commission any major offshore projects more than 100MW this year, it added. The nation will however remain the world leader in terms of total installed capacity, with nearly 4.5GW of installations so far.

Justin Wilkes, Deputy CEO at EWEA said: "Germany is set to buck the trend this year. The UK has more installed offshore capacity than the rest of the world combined but this year shows that other countries in the EU are making serious investments in the sector.

“The nine financial deals closed in 2014, of which four were ‘billion-Euro’ projects, suggest activity will pick up substantially as of 2017 as these projects begin to hit the water."

The European offshore wind industry saw new capacity installations decline by 84MW – or 5.34% - last year.

Written by

Bruna Pinhoni

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