Offshore Wind

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Gain insights into the offshore wind service market and the related infrastructure 

Acquire a detailed understanding of the drivers of the offshore wind service market and the future demand for key components. 

We provide offshore wind market intelligence through analytics, data and advisory services, covering the entire value chain for offshore wind installations. Our market view is channeled through thematic reports, detailed factsheets, a steady flow of commentaries and bottom-up databases that are updated weekly. Clients can connect with our leading industry experts and go deeper through customized advisory services. 

We deliver detailed information about historical and upcoming offshore wind projects and related components, offering an installation time series for capacity, turbines, foundations, cables and offshore substations. All forecasts are derived from our bottom-up, project-by-project research, tracking all offshore wind farms from early concept through award, sanctioning, start-up and decommissioning. The analysis covers operators, developers and suppliers of components and services, allowing for detailed analysis of unit counts, market shares and forecast market sizes.  

We collaborate with developers and service providers to understand the projects, the technology and the value chain during this period of vast expansion. The overlap with other offshore activities, such as oil and gas, means that a holistic understanding is needed. Our consultants have worked with key players across the industry to help them understand both worlds and the interplay between them.

Data

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Access our data through Rystad Energy’s Offshore Wind Dashboard 

The Offshore Wind Dashboard enables clients to: 

  • Understand global offshore wind activity in terms of installed capacity, turbines, foundations and offshore substations 
  • Research the demand for offshore wind components by geography, component type, number of units, operator, developer, supplier, water depth, distance to shore, and much more 
  • Assess strategy and target specific regions, market segments and offshore wind projects 
  • Track project developments, timelines and current status, from early concept to decommissioning 
  • Identify installation opportunities by looking at annual additions, and recognize demand for operational services by investigating the installed base 
  • Learn about key suppliers of each component and their market share on a global, regional and national level 

What’s included: 

  • Global coverage of bottom-up, project-by-project data 
  • Installation time series of capacity, turbines, foundations and offshore substations 
  • Historical and forecast data from 1990 to 2030 
  • Supplier information and market share for all related components and infrastructure 
  • Key parameters such as wind farm status, timeline, geography, water depth, distance to shore, foundation concept, turbine type, turbine size, turbine manufacturer, operator, developer, and much more 
  • Continuously updated data

Analytics

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Stay on top of the latest trends in the offshore wind market with our readymade reports and analysis prepared by our leading industry experts. 

Our Analytics enables clients to: 

  • Get an up-to-date and comprehensive overview of the global offshore wind market, powered by Rystad Energy’s proprietary databases 
  • Get instant access to key project characteristics in an easy-to-digest format 
  • Browse through in-depth written analyses from leading industry experts covering current events and the latest trends in the industry 

What’s included: 

Access to our comprehensive library of offshore wind – analysis and insights, including: 

  • Offshore wind report covering the import trends and outlook for the offshore wind market 
  • Project factsheets providing a quick overview of the key characteristics and technical details for all wind farms globally, in an easy-to-digest format 
  • Commentaries covering frequent insights into current trends and industry events, with both summaries and deep-dives into topics related to the offshore wind industry 
  • Access to analysts providing product support and training, in addition to discussions and further insights from Rystad Energy’s global team of experts

Advisory

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The exponential growth in the offshore wind space means that it is more important than ever to build strategies and formulate plans based on quality data and facts. Our consultants have a deep understanding of this space, and experience compiling and interpreting the most recent data to support customers in leveraging the growth. We have worked with numerous offshore supply companies on how they could leverage their current competencies to compete in the offshore wind space. 

  • Our consulting work builds on a strong understanding of the current activity and the pipeline of projects over the years to come. Furthermore, as technology is developing rapidly and pushing costs lower, we maintain a close relationship with market participants to understand the outlook.  
  • The offshore wind space is populated by specialists as well as companies that have built their business on strong capabilities in other sectors. We have over the years worked with numerous companies to support them in re-applying their capabilities in the offshore wind sector.  
  • In addition, given the utility scale opportunities typically offered through government license auctions, offshore wind has the potential to support continued electrification and emissions reductions in the oil and gas industry. We provide developers and suppliers with cost-benefit analyses, enabling them to understand the commercial potential of offshore wind in the oil and gas sector.