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Rystad Energy

Rystad Energy

Rystad Energy is an independent oil and gas consulting services and business intelligence data firm offering global databases, strategy consulting and research products. Rystad Energy’s…

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2022 Will Be A Record-Breaking Year For Offshore Wind Energy In Europe

  • In 2022, for the first time ever, Europe is set to install more than four gigawatts of offshore wind capacity in a single year.
  • The previous record, set in 2019, was 3.8 gigawatts, but 2021 saw only 1.8 gigawatts of offshore wind energy installed in Europe.
  • The UK is set to dominate new additions, making up 78% of all new capacity on the continent, with France and then Germany following up.

New offshore wind capacity additions in Europe are poised to hit a record high this year, topping 4 gigawatts (GW) for the first time and more than doubling additions seen in 2021, Rystad Energy research shows. The continent’s capacity additions in 2022 will hit 4.2 GW, beating the 2021 total of 1.8 GW and topping the previous annual record of 3.8 GW set in 2019.

New capacity additions are expected to grow further in the coming years, almost doubling again in 2023 to 7.3 GW and jumping to 8.6 GW in 2025. Annual capacity additions in 2024 are expected to slow down due to project timing, but high construction activity is likely to lead to the projected record-high commissioning numbers for 2025.

The record-high capacity additions will be driven primarily by UK projects that will add 3.2 GW of capacity, a new annual high for the country, beating the previous record of 2.1 GW set in 2018. The acceleration of installed capacity in the country comes from three large projects that are expected to be fully commissioned in 2022 and that will be the three most significant projects in Europe in 2022.

“Europe is the world’s most mature offshore wind region, but Chinese installations have dominated global additions in recent years. Chinese projects represented 85% of all global capacity additions in 2021, with Europe only contributing 10%. But that looks set to change this year, and the continent is expected to continue ramping up capacity additions through the end of the decade,” says Rystad Energy offshore wind analyst Anubhav Venkatesh.

The UK’s record year is due to three large projects set to be fully commissioned in 2022, all of which top the largest projects list in Europe for the year. Orsted’s 1.2 GW Hornsea One project drove the previous continental record in 2019. This year, the main driver is expected to be the Danish company’s second phase of the project – the 1.4 GW Hornsea Two. That project, which is Orsted’s only new addition to its portfolio in 2022, will be the largest offshore wind project in the world when operational.

Related: The Odds Of A Nuclear Deal With Iran Are Shrinking Every Day

The Moray East development – majority owned by Ocean Winds, a joint venture between France’s Engie and Spain’s EDP Renewables – will be the second-largest project globally when commissioned later this year. German renewable powerhouse RWE is expected to be the second-largest contributor of wind capacity additions with its majority-owned Triton Knoll in the UK and its wholly-owned Kaskasi in Germany. The 342 MW Kaskasi development will be Germany’s first offshore wind farm to come online since 2020, marking a slow restart to the country’s activity.

Around the continent

Behind the UK, France will be the second-largest contributor to capacity additions in Europe this year, with the country commissioning its first commercial offshore wind project totaling 480 megawatts (MW). After adding no wind capacity in 2021, Germany is now set to restart installations, led by the 342 MW Kaskasi project. Norway is also anticipated to contribute with the commissioning of the 88 MW Hywind Tampen floating project, which will be the largest floating offshore wind installation of its kind globally. This year, Italy will commission its first offshore wind farm, the 30-megawatt (MW) Taranto project, while Spain is expected to contribute capacity additions with its floating demonstration projects.

Looking further ahead

Capacity additions up to 2025 in Europe are set to be mainly led by the UK, but other countries could also play increasingly significant roles compared to previous years. Germany, for instance, is returning to offshore wind activity, while France continues to boost capacity deployment and is expected to add around 3 GW of capacity between 2022 and 2025.

The Netherlands and Denmark are not expected to bring any new offshore wind projects online in 2022. Dutch capacity additions will resume in 2023, while Danish projects will add around 1.5 GW of capacity between 2023 and 2025. Poland is expected to commission its first offshore wind farm in 2025, contributing around 1.4 GW of Europe’s new capacity. As such, this record-breaking 2022 is likely to be a steppingstone for more capacity additions towards 2025.

By Rystad Energy

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Leave a comment
  • Lee James on April 29 2022 said:
    I just have to say that this is really good news. These off-shore wind power additions are significant.

    Clean energy is looking good. But we do need to address the rare mineral issues needed for turbine generators. While I do not see countries going to war over installed turbines, I do see a potential problem over raw material shortages.

    Keep on innovating and recycling materials!

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