Will the majority (over 50%) of newly installed wind power capacity globally in 2028 be attributed to offshore wind projects?

Offshore Wind Crossover: Majority of New Capacity in 2028

Onshore wind currently dominates global wind power installations due to its lower cost and easier permitting. This prediction is that the majority (over 50%) of newly installed wind power capacity globally in 2028 will be attributed to offshore wind projects.

Logistics and Cost Hurdles

The strong 'No' vote reflects the significant barriers to offshore wind growth:

• **Cost:** Offshore wind remains substantially more expensive per GW than onshore wind.
• **Supply Chain:** Severe global bottlenecks in constructing and installing specialized offshore components (turbines, foundation structures, vessels).
• **Permitting:** Complex marine and grid connection permitting processes are slower than those for onshore projects.

While offshore growth is accelerating, the sheer volume and relative ease of deploying onshore wind (especially in regions like China, the US interior, and Brazil) is expected to maintain its lead through 2028.