New offshore wind capacity to reach 380 GW by 2032

Asia Pacific will account for nearly half of the installations.

The new offshore wind capacity that will be built by 2032 globally will be around 380 gigawatts (GW), with the Asia Pacific region accounting for almost 50% of the new deployments.

In a report, the Global Wind Energy Council (GWEC) said over 180 GW capacity of projects have been identified outside China, with Australia comprising over 50 GW worth of projects.

The scale of projects could avoid 650 metric tonnes of carbon dioxide and could generate electricity that is thrice Australia’s total energy consumption in 2022.

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“The offshore wind sector has delivered another year of impressive growth to reinforce last year’s record numbers. This report outlines that the potential is there for record growth every year from now on. This would deliver a transformed, clean, secure energy system – particularly in the Asia-Pacific region,” GWEC CEO Ben Backwell said. 

“However, governments and industry across the world will need to work together if this potential is to be realised, while trade and industrial policies will need to focus on partnership and collaboration to deliver investment and growth,” he added.

GWEC added that the global offshore wind sector “delivered its second best year for new capacity ever in 2022” with 8.8 GW of wind power connected to the grid.

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