This major
report by energy industry analysts Douglas-Westwood (DWL) examines the current and future prospects, technologies and markets for the offshore wind energy sector.

A growing industry
Offshore wind will see $16 billion of capital expenditure in the coming five year period as 4.5 GW of new capacity is installed. With just over 1.1 GW of capacity currently installed, this represents significant market growth and leads to an annual capital expenditure of over $5.2 billion by 2012.

Technology review
The World Offshore Wind Report provides a comprehensive and fully illustrated review of technologies employed in both existing and future projects including turbines, foundations, cables and associated installation methods. The report provides analysis of the impact of current and new technologies on the industry and identifies the key players in the business.

Industry issues
Key industry issues are discussed in detail assessing the relative impact of factors such as costs, contracting, financing and supply chain capability - illustrated by market forecast information including cost comparison analysis.

Unique market forecasts
Using the same in-depth modeling process that is adopted for other reports in this series, the report presents a five-year market forecast for activity over the 2008-2012 period. Five years historic data is included for comparison.

DWL have five years experience in market modelling of the offshore wind industry. Each proposed offshore wind farm worldwide is assessed to model unique and detailed market information. The report provides forecasts of capital expenditure, operational expenditure and installed capacity, plus forecasts for turbines, foundations and cables.

Document contents:

• Summary & Conclusions - an executive overview, highlighting worldwide offshore wind developments, historic and forecast activity by value and installed capacity, and market issues.
• Development History - an introduction to the subject of offshore wind providing full history of industry development to date and the market drivers behind the growth.
• Technology - components (turbines, foundations, cables) - manufacturers, market share, key models, current, new & forthcoming components, the impact of future technological development.
- Installation - market leaders, installation vessels, factors affecting supply and demand, impact of water depth & distance from shore, company profiles.
• Market Issues - in-depth analysis of industry issues including full analysis of changes in project costs from
2003-2012, contracting, supply chain capability, operations and maintenance etc.
• Case Studies - an in-depth look at a chosen selection of offshore wind project developments.
• The Offshore Wind Market - capital expenditure, operational expenditure and installed capacity in the offshore wind market over the period to 2012, presented by country. Forecasts are also provided for number of turbines & foundations, cable length, water depth, distance to shore etc. Forecasts are presented multiple ways to present a detailed view of all aspects of the industry over the next five years.
• Key Markets - analysis of every country active in offshore wind including policy information, breakdown of activity and profiling of important projects.
• Appendices - company and contractor profiles; conversion tables.