The European offshore wind power electricity production capacities in 2024 are led by the United Kingdom with 11.95 Thousand Megawatts, followed by Germany at 7.84 Thousand Megawatts, and the Netherlands with 3.28 Thousand Megawatts. Belgium and Denmark also show strong capacities at 2.74 and 2.42 Thousand Megawatts, respectively. Sweden, Finland, and Portugal have more modest capacities, with Sweden at 0.192, Finland at 0.0772, and Portugal at 0.02638 Thousand Megawatts.
The year 2023 saw significant variations, with the Netherlands (+27.95%), Belgium (+18.25%), and the United Kingdom (+7.78%) experiencing the most substantial growth. Denmark (+7.26%), Germany (+4.18%), and Finland (+1.21%) also recorded positive increases. In contrast, Sweden saw a slight decline (-1.11%), while Portugal's capacity remained unchanged.
Future trends to watch for include continued growth in established markets like the United Kingdom and Germany, driven by technological advancements and supportive policies. Emerging markets in the Netherlands and Belgium are expected to accelerate their capacity expansions. Additionally, investment in offshore wind energy is likely to increase across Europe as countries aim to meet renewable energy targets and reduce carbon emissions.
Top countries in Wind off Shore Power Electricity Production Capacities by Country
| # | 8 Countries | Megawatts | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 11,950 | 2023 | +5.24% | +7.78% | View data |
| 2 | 2 Germany | 7,840 | 2023 | +0.11% | +4.18% | View data |
| 3 | 3 Netherlands | 3,280 | 2023 | +16.46% | +27.95% | View data |
| 4 | 4 Belgium | 2,740 | 2023 | +9.5% | +18.25% | View data |
| 5 | 5 Denmark | 2,420 | 2023 | +6.45% | +7.26% | View data |
| 6 | 6 Sweden | 192 | 2023 | -1.03% | -1.11% | View data |
| 7 | 7 Finland | 77.2 | 2023 | +2.8% | +1.21% | View data |
| 8 | 8 Portugal | 26.38 | 2023 | +2.69% | View data |
