Global Offshore Wind Power Production and Revenue Assessment 2022

Report Summary:

‘The Offshore wind power production and revenue assessment ’ examines the growth and characteristics of offshore wind power production and their impact on revenue by year-end 2021. The report and accompanying dataset is a collaboration between Wood Mackenzie's Offshore Wind Service and European Power Service.

The report covers:

• Growth and geographical distribution of offshore wind production

• Performance metrics for the operational offshore wind fleet, including annual wind speeds

• What high capture prices meant for the levels of government support required for premium payments and subsidies

• How 2021 demonstrates the upside to balancing risk across an offshore wind portfolio

• Discussion on what power market developments and offshore wind production mean for consumers, governments and offshore wind asset owners

The report is supported by a dataset consisting of over 100,000 project-level datapoints on offshore wind power production and annual revenues.