Floating Wind to Drive Almost 10-Fold Increase in Offshore Capacity

Floating Wind to Drive Almost 10-Fold Increase in Offshore Capacity

A world of opportunities is opening up for the offshore wind market. With the latest intelligence predicting a global capacity increase from 2019’s 29GW to a massive 234GW by 2030, innovation and technology will play a major role in achieving this goal.

With the reduction in development costs for wind power already being exploited, floating wind is becoming an increasingly attractive prospect for developers as they seek to harvest large scale, powerful and consistent wind power efficiently.

As most of the world’s population live on – or close to – a coastline, transmission costs are considered highly competitive. The energy transition is also seeing the electrification of established brownfield production platforms and the industry is researching how deeper water can be utilised for renewable power generation.

With much of the technology required for floating wind being adapted from the traditional offshore energy sector, Balmoral is in an exceptionally strong position to contribute to these projects.

Ian Milne, sales manager for renewable energy products at Balmoral, said: “Our in-house expertise – including a dedicated research and development team, hydrodynamic engineering design and project management, supported by comprehensive test facilities – provides a truly unique offering to the industry.

“Our product solutions have been used successfully by the offshore energy sector for 40 years and we maintain an unrivalled performance record in the industry.

“This design and manufacturing expertise and experience is now being enjoyed by our clients in the offshore wind sector where clients can rely on our highly skilled personnel to deliver projects safely on time, on budget anywhere in the world.”

Where floating wind buoyancy and mooring systems are required, Balmoral offers distributed buoyancy modules and accessories such as bend restrictors and stiffeners, in addition to standard mooring offerings.

Complemented by fixed wind patented fibre-technology cable protection systems (CPS), “Our solutions offer high performance, highly competitive options for the offshore wind sector”, says Milne.

“Engagement and collaboration are where real savings can be made so we encourage contact at the early stages of development. We have enabled savings of up to 30% on previous projects by playing a proactive and innovative role in delivering end-to-end solutions.

“Find out how we did this, and how we can assist you, by dropping me a line at ian.milne@balmoral.co.uk.”

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Picture: Balmoral offers subsea product solutions for floating and fixed wind installations

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