Floating wind power 'could outcompete bottom-fixed by 2030'

Floating wind power could “outcompete” conventional bottom-fixed offshore wind by 2030, supplying power for more than 50 million people as the wider international build-out continues, according to latest forward-looking calculations by sector pioneer Equinor.

Sebastian Bringsværd, head of Hywind development at the Norwegian energy giant, sees floating wind installations “constitut[ing] 10% of the [conventional global offshore wind] market in 2030, potentially powering 12 million homes”.