Offshore Wind to Provide 13-17% of EU's Electricity Demand
Offshore wind is expected to supply as much as 17% of European Union's (EU) electricity demand by 2030, if wind power projects could garner sustained support, the European Wind Energy Association (EWEA) said.
The EWEA said that offshore wind installations currently account for no more than 0.3% of Europe's electricity demand.
By 2030, there would be a total installed capacity of 150GW of offshore wind power producing over 550 TWh of electricity, meeting 13-17% of EU's electricity demand and avoiding 290Mt of CO2 annually.
Over 100GW of offshore wind projects are already in various stages of planning. If realised, these projects would produce 10% of the EU's electricity whilst avoiding 200Mt of CO2 emissions each year, the EWEA said.
The EWEA has a target of 40GW of offshore wind in the EU by 2020, indicating an average annual market growth of 28% over the coming 12 years. The EU market for onshore wind grew by an average 32% per year in the 12-year period from 1992-2004.
The association believes that strong and sustained political support and action from Europe's policymakers would allow a new, multi-billion euro industry to be built.
(energy-business-review.com Sep. 2009)