Abstract
The market report 2023/2024 provides highlights and a market analysis of the offshore solar, wave, tidal and nature-inclusive design sectors, with a specific focus on Europe. Also, a high-level overview is given for offshore renewable energy innovations in the fields of floating wind, salinity gradient, ocean thermal energy conversion, offshore storage and hydrogen & power-to-X.
The offshore innovations covered in the report and their potential combinations in multi-source parks have an incredible potential to transform the energy system due to more consistent and ultimately cheap renewable electricity supply, and/or the mitigation of impacts of offshore renewable energy developments. Next to providing an overview of the potential of these innovations, the report also covers technical, financial and regulatory challenges to be considered.