EIC partners with World Forum Offshore Wind to bolster global offshore wind capacity.
WORLD FORUM OFFSHORE WIND (WFO) is a non-profit association and the world’s first organisation exclusively dedicated to fostering the global growth of offshore wind energy. WFO’s international members represent the complete offshore wind value chain incl. utilities, manufacturers, service firms and other non-profit organisations. WFO is registered as a non-profit organisation (e.V.) in Germany, with offices in Hamburg and Singapore. WFO’s unique profile facilitates access to governmental and international forums in order to open new markets and to advocate for global offshore wind growth. WFO works with governments around the world to discuss and advance the key political parameters required to deploy offshore wind energy. WFO encourages politicians to take action and introduce legislation that allows offshore wind development to flourish.
On a corporate level, WFO’s members benefit from its global knowledge exchange activities. WFO facilitates the exchange between players from established and emerging offshore wind markets. Emerging markets benefit from lessons learnt, allowing them to jump the cost curve and to kick-start offshore wind developments in their domestic markets. Established players benefit from local contacts in new markets and valuable insights from local decision makers.
It is WFO's mission to add 500 GW of global offshore wind capacity by 2050. This mission is based on the latest projection by the International Renewable Energy Agency’s (IRENA) transformation roadmap which states that the industry has the potential to reach 520 GW of installed offshore wind capacity by the year 2050. Since 22 GW were already installed at the end of 2018, this leaves 500 GW of offshore wind capacity to be developed, built and installed over the next three decades until 2050.