Offshore wind in Europe currently is facing a number of key challenges, ranging from continued supply chain constraints and inflationary impacts through to regulatory regimes no longer always providing the required level of support to crowd in sufficient capital in an increasingly global and competitive market for offshore wind.

However, there remains an unquestionable need for an acceleration in the deployment of renewable generation capacity in order to meet the world’s net zero objectives, and offshore wind remains set to play a central role in helping to deliver this essential policy objective.