Floating wind power gains traction but can it set sail?

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Floating wind power gains traction but can it set sail?
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  • 📰 Reuters
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After a bumper year for floating offshore wind farm tenders, the nascent industry is poised for explosive growth in the coming decade as countries strive to cut their carbon emissions.

for a floating wind project off France's Brittany coast, citing inflation and supply chain problems among other reasons.

At the moment, technology costs for floating wind are far higher than for fixed turbines but companies hope to reduce those costs sharply as larger projects come on stream. "It's about having larger turbines which are more efficient offshore," said Steinar Berge, head of floating wind at Equinor. "These are huge areas with the energy demands to match their huge populations, and they have a mandate to decarbonise as quickly as possible," said Cacciabue at Glennmont Partners.

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