Offshore Wind Market share research by applications and regions for 2017-2024 (1) - PowerPoint PPT Presentation

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Offshore Wind Market share research by applications and regions for 2017-2024 (1)

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More Information @ The recent launching of the world’s first hybrid offshore wind system by Dong Energy surely marks a new era in Offshore wind market. The Denmark-based energy giant is planning to integrate a battery system with the company’s 90 MW offshore wind plant, located in Burbo Bank. Reportedly, this is an initiative undertaken as a repercussion to the criticism that renewable power leads to flickering due to disruption in the grid frequency. – PowerPoint PPT presentation

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Title: Offshore Wind Market share research by applications and regions for 2017-2024 (1)


1
Offshore Wind industry analysis research and
trends report for 2017-2024 Fractovia.org
2
Key Insights of Offshore Wind Market
  • Offshore Wind industry analysis is covered in
    this latest research report that aims to help
    those taking daily business decisions by
    providing market trends information, competitive
    landscape scenario, forecasts and more.
  • Endorsing its dominance in Europe, offshore wind
    market has generated quite an appreciable
    momentum on a global scale over the recent years.
    As per the records, in 2016, 88 of the overall
    offshore wind installations were located across
    ten European countries and the remaining 12
    installations were spread across the U.S., China,
    Japan, and South Korea belt. This massive
    expansion of offshore wind power can certainly be
    credited to the rising emphasis of both the
    private and the government entities on energy
    optimization.
  • The recently recorded price trends of the
    offshore wind have indeed led to a dynamic
    revolution in the global landscape. The Dutch
    tender for Borssele 1 2 in June 2016 marked this
    transformation era with a valuation of 72/MWh.
    This was trailed by a Danish tender worth
    64/MWh. November and December 2016 further
    registered these developments with tenders of
    49.90/MWh and 54.50/MWh by Danish Kriegers
    Flak project and Netherlands Borssele 3 4
    respectively.

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Continued
  • Furthermore, the increasing urbanization and
    economic developments which have subsequently
    boosted the electricity demand is also playing a
    major role in fueling offshore wind market
    trends. Countries are treading toward the
    deployment of the renewable energy sources to
    fulfill their energy needs and meet the
    sustainability standards. Sources claim that by
    2020, 8-10 of UKs electricity demand will be
    addressed by offshore wind.
  • Not only the European belt but the other regions
    as well are actively deploying offshore wind to
    meet the energy and sustainability standards.
    Below is the synopsis of offshore wind market on
    a global scale
  • The U.S. offshore wind market is projected to
    register substantial gains through 2024, driven
    by the strong government initiatives to meet the
    clean energy demands. The country entered the
    offshore wind industry space profoundly post
    completing its first offshore wind farm of 30 MW
    capacity in 2016.
  • In 2017, the government of Germany in
    collaboration with the government of Denmark and
    Belgium stated to integrate 60 GW offshore
    capacity by 2027. With such favorable regulatory
    framework and the declining component costs,
    Germany offshore wind industry is poised to
    witness remarkable gains over 2017-2024.

4
U.S. Solar Panel Recycling Management Market
size, by process 2013-2024 (USD million)

5

Browse Full Market Research Report Of Offshore
Wind Market _at_ http//bit.ly/2vXTnqk
Request for a Sample of this Research
report _at_ https//www.fractovia.org/request-sample
/571
6
Continued.
  • Netherlands offshore wind market is further
    slated to record remarkable gains over the coming
    six years, driven by the strict regulations to
    meet the energy demand. The country established
    its largest offshore farm across North Sea with a
    capacity to produce 2.6 TWh of clean energy
    annually.
  • China offshore wind industry is set to exceed a
    capacity target of 12 GW by 2024, driven by
    strict targets pertaining to clean energy
    consumption and generation.
  • Given the developments pertaining to the global
    offshore wind market, this business space is
    ought to witness a fiercely competitive landscape
    over the years ahead. Global Market Insights,
    Inc. estimates offshore wind market to exceed a
    capacity of 60 GW by 2024. Some of the renowned
    names in this industry include Siemens, Senvion,
    Adwen, Sinovel, MHI Vestas, and Doosan Heavy
    Industries Construction.

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