Designing an effective offshore wind market: Why bold targets and clear development plans are key

This policy briefing identifies four lessons for policymakers aiming to grow offshore wind deployment.

OSW report


Few countries are on track to meet their offshore wind targets and, as a result, the value of target-setting has been called into question. However, our experience of advising governments around the world, as well as our analysis of targets and actual deployment rates in six key markets clearly demonstrates the positive impact of targets for facilitating market scale and visibility and, in turn, driving installations.

Our analysis of offshore wind development in the UK, the US, the Netherlands, Taiwan, Vietnam and France highlights four key takeaways for target-setters: 

  •  Targets spur on installations, and ambitious targets are strongly linked to higher deployment rates.
  •  Targets must be followed by plans that clearly define processes and responsibilities.
  • Ambitious targets without coherent action plans can lead to stagnation.
  • Collaborative initiatives can support market scale and accelerate build-out.

This is the second in a series of policy briefings aiming to help policymakers design effective offshore wind markets. All policy briefings will be available on the Carbon Trust website.

Discover more about our offshore wind work
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