31.12.2014 Views

Oil & Gas - Douglas-Westwood

Oil & Gas - Douglas-Westwood

Oil & Gas - Douglas-Westwood

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Offshore windpower: activity surge underway<br />

ty GW<br />

In nstalled capacit<br />

2.5<br />

2.0<br />

1.5<br />

1.0<br />

0.5<br />

Others<br />

UK<br />

Netherlands<br />

Germany<br />

Finland<br />

Denmark<br />

Belgium<br />

• 8.7 GW to be installed 2010-14<br />

• UK 3.6 GW<br />

• Germany 3 GW<br />

• Denmark 0.9 GW<br />

• Belgium 0.6 GW<br />

• Others 0.3 GW<br />

0.0<br />

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014<br />

Source: <strong>Douglas</strong>-<strong>Westwood</strong><br />

• >2,000 turbines to be installed in next five years<br />

• UK the world’s leading market and R3 planned<br />

• >5,000 turbines<br />

• GE to invest US$454 million in Europe (1/3 in a UK factory)<br />

• China emerging (and exporting monopiles)<br />

33

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!