Publication: Making Offshore Wind Work: Key Factors for Successful Development of Offshore Wind in Emerging Markets
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Date
2025-04-10
ISSN
Published
2025-04-10
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Abstract
This report distils experiences from established offshore wind markets into key success factors to help emerging markets build successful offshore wind sectors. It is designed to share international good practice while recognizing the unique contexts of each country. The key factors described here are, therefore, directional rather than prescriptive. This resource has been developed for government officials and stakeholders in low- and middle-income countries. However, many of the issues and key factors are equally applicable to other countries. Any country interested in exploiting its offshore wind energy resources needs to answer the fundamental question “should we develop offshore wind?” The answer to this question will vary from one country to another, depending on the country’s priorities and the feasibility and viability of offshore wind in that country. Before embarking on a journey towards offshore wind deployment, it is important for governments to consider how offshore wind could fit into the country’s long-term energy strategy. Separate guidance on the topic of feasibility is available. The development of an offshore wind sector relies on many different stakeholders playing important and complementary roles; from politicians setting out strategies to port owners planning new facilities. As such, the report highlights information relevant to each stakeholder group while also providing a holistic understanding of how the different parts are woven into the big picture.
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Citation
“World Bank Group. 2025. Making Offshore Wind Work: Key Factors for Successful Development of Offshore Wind in Emerging Markets. © World Bank. http://hdl.handle.net/10986/43057 License: CC BY-NC 3.0 IGO.”