The Black Sea could be the first of a large number of ‘emerging’ offshore wind power markets to join the major plays continuing to take shape off Europe, Asia and the US, according to new calculations from the International Finance Corporation (IFC) and World Bank, which has identified a 15TW-plus potential off a total of 48 countries.
Encircled by Bulgaria, Romania, Turkey and the Ukraine – which together represent an estimated 500GW sea-based ‘technical’ wind resource, as well as Russia and Georgia, the Black Sea is seen as have the right “match up” of future power demand, wind resource and potential for industrial economic re-development of local supply chains to see fledgling offshore wind sector take off.
