Deep-Water Wind Revolution: Floating Turbines Set to Transform Offshore Energy
Hywind Scotland, the world’s first floating wind farm, began operation in 2017 with five spar-buoy turbines totaling 30 MW and a 54% capacity factor. By mid-2025, global floating wind capacity reached about 200–250 MW, with Europe accounting for 208 MW by late 2023. Industry forecasts expect 6–7 GW operational worldwide by 2030. Current costs exceed $200/MWh but are projected to drop sharply by 2050.