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Floating Offshore

Floating offshore wind technology is already being deployed around the world. The north and West coasts of Ireland have the best wind resource in the world.

The deployment of floating turbines off the coast will see Ireland become one of the Europes most important energy generators and bring employment and investment to the region.

Rapid Technological Improvement

Offshore wind energy is one of the emerging renewable technologies that has come of age in the last two-to-three years, as rapid technological improvements, supply chain efficiencies and logistical synergies improve Ronan Group Renewables will be at the forefront of this exciting new development in renewable energy.

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The offshore market will grow significantly over the next three decades, with the total installed offshore wind capacity rising nearly ten-fold from just 23 GW in 2018 to 228GW in 2030 and near 1000 GW in 2050

IRENA Future of Wind report

By contributing to the mitigation of climate change, the wind energy sector is already making a significant contribution to sustainable development. Furthermore, the wind sector represents more than 300,000 EU jobs, a number which will continue to rise as we move towards net zero greenhouse gas emissions.”

Miguel Arias Cañete European Commissioner for Climate Action and Energy

The Opportunity

  • Offshore wind will represent nearly 17% of the total global installed wind capacity of 6044 GW in 2050
  • There will be a near ten-fold growth in offshore wind capacities by 2030
  • 90% of global installed offshore wind capacity is commissioned and operated in the North Sea and nearby Atlantic Ocean
  • Overall, the global weighted average LCOE has decreased by 20% in the last decade
  • Global offshore wind investment rose to USD 19.4 billion in 2018
  • The largest turbine being developed by for off shore by General Electric is the 12 MW Haliade-X turbine with 107-metre-long blades
  • Industry is also working on concepts for even larger turbines of 15 MW by 2030, and up to 20 MW turbines for offshore application can be expected by 2030
  • Some 13 floating offshore wind projects have been announced globally, 9 in Europe

Given favourable developments in policy and infrastructure, Ireland can achieve deployment of between 11GW – 16GW of onshore wind and 30GW of offshore wind by 2050 delivering significant export opportunities.

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