Offshore wind capacity in the Asia-Pacific region is set to grow to 43 GW by 2027, a 20-fold increase on current levels, according to Wood MacKenzie. The vast majority of the increase is expected to take place in Taiwan, where capacity will grow to 31 GW from 2 GW within a decade. Outside of Taiwan, China will have the largest market for offshore wind, having already approved and planned projects amounting to 5.7 GW. As the government has announced the planned closure of its 5 GW of nuclear plants, China is predicted to increase offshore wind capacity to 8.7 GW.
Offshore wind capacity in the Asia-Pacific region is set to grow to 43 GW by 2027, a 20-fold increase on current levels, according to Wood MacKenzie. The vast majority of the increase is expected to take place in China, where capacity will grow to 31 GW from 2 GW within a decade. Outside of China, Taiwan will have the largest market for offshore wind, having already approved and planned projects amounting to 5.7 GW. As the government has announced the planned closure of its 5 GW of nuclear plants, Taiwan is predicted to increase offshore wind capacity to 8.7 GW.