ABSTRACT
Offshore wind is the world’s most commercially and technologically developed marine renewable energy subsector and is changing fast from being a niche technology into a mainstream supplier of electricity. Offshore wind market activity is currently focused in the Atlantic, and Baltic and North Sea basins, which function as a single market. Some subsidy is necessary for all new electrical generating plant, but the cost of energy of offshore wind and subsidies needed continue to fall. European activity is primarily in the Atlantic and Baltic basins, which function as a single market. Offshore wind market activity is currently focused in the Atlantic and Baltic basins as Northern European countries such as UK, Germany and Denmark have driven the market in the North Sea, Irish Sea and Baltic Sea. Wind farm development and consenting covers work on the offshore wind farm from the point of site identification, to FID.
