Floating Wind Joint Industry Project – Phase 2 summary report

This report gives an overview of the work undertaken in Phase 2 of the Floating Wind Joint Industry Project to accelerate the commercialisation of floating wind.

Floating wind turbines - credit Equinor

Image: Equinor

Floating wind is an emerging but growing renewable energy sector. The technology enables offshore wind turbine installation in deeper waters not suitable for bottom-fixed turbines, unlocking new areas for renewable energy generation. Pilot and demonstration projects have shown the potential for similar, or even higher yields from floating turbines compared to bottom-fixed projects, as they can be situated in locations with higher wind resource.  However, technology development challenges to commercialisation remain.

This report summarises the work undertaken as part of Phase 2 of the Floating Wind JIP, across four main technology challenge areas for the industry: 

  • turbine requirements and foundations scaling
  • heavy lift offshore operations 
  • dynamic export cables
  • monitoring and inspection 

The report also includes new market projections from the Carbon Trust, forecasting 70GW of floating wind capacity installed by 2040. 

Read the full report 

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