Offshore Wind: Italy's Plans for 3800 MW

Italy's Offshore Wind Plans in Motion

In recent weeks, there have been significant movements in the world of offshore wind in Italy.

Most notably, the European Union approved an aid package, enabling Italy to support 3800 MW of offshore wind, with at least 3 auctions being held for the purpose.

Offshore Wind's Growing Significance

The importance of offshore wind in Italy is reflected in its share of annual investments, which has climbed to 26 billion, making up 8% of new global investments in clean energy.

This proportion is expected to rise as offshore wind gains momentum.

Global Offshore Wind Capacity

As of the end of 2023, the global offshore wind capacity in operation amounted to over 32 GW.

The majority of this capacity was grid-connected in the United Kingdom, the world's leading offshore wind power.

Asia-Pacific Offshore Wind Market

The Asia-Pacific region, which had 11 GW of installed offshore wind capacity in 2020, is poised for significant growth.

Projections indicate that it will surpass Europe and the Middle East in terms of installed capacity.