According to the latest WindEnergy Trend Index the mood in onshore and offshore segments is volatile globally but significantly improved in Europe.
The survey is jointly compiled by WindEnergy Hamburg and wind:research.
It focuses on examining the potential of wind energy, covering both the onshore and offshore segments.
In this year’s edition of the WEtix report, assessments of the onshore and offshore wind markets in Germany and the EU are significantly more positive than in previous surveys.
However, views of the global market shared from North America, Asia and the rest of the world are slightly dimmer.
The expected global average rated output of new offshore turbines by 2030 has increased substantially, from 18MW to 19MW.
Hurdles standing in the way of further expansion of wind energy are generally believed to be less critical in the offshore segment than onshore, the most serious ones in both segments being grid expansion and permitting.
Positive changes in the perception of onshore and offshore market developments and the economic environment are apparent in Germany and Europe.
Long-term expectations for market developments in Europe have caught up with Asia in the onshore segment, and overtaken Asia offshore, the new edition of the WEtix report reveals.
For the second half of 2023, the report draws a mixed picture of the general developments.
Assessments of the global markets remain positive and the mood is generally good.
In the onshore segment, short and long-term expectations for the markets in Asia, North America and the rest of the world are showing a decline.
Meanwhile, the short-term perspectives for offshore are positive across all regions; however, long-term predictions are showing a sharp decline in North America in particular.
Asia and the rest of the world likewise indicate a decrease, if only slight.
Compared to the previous six-month period, the business environment for wind energy receives largely positive marks in this survey, with only Asia being seen in a less favourable light and Europe now pulling even.
North America and the rest of the world have dropped below the assessment levels in Europe, the latter seeing a slight upturn of late, similar to those in Germany.