Ocean Winds in numbers
EDPR and ENGIE share a common vision that renewables, in particular offshore wind farms, will play a key role in the global energy transition.
Decarbonization, digitalization, decentralization.
Offshore wind is a young yet mature technology with significant potential to be captured in coming years
An increasingly mature and competitive technology
LCOE Europe core offshore markets average (€/MWh)¹
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> 150 €/MWh
2014
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≈ 60 €/MWh
2019
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< 50 €/MWh
2030
Significantly boosting projected growth with ≈132 GW of new additions until 2030
Offshore global installed capacity (GW)¹
(1) source BloombergNEF
The Parties benefit from a unique starting point and are well positioned to play a leading role in the offshore wind farm market
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1.5 GW
In construction
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1.0 GW
Secured projects
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3.0 GW
In Advanced Development
-
5.5 GW
Total gross capacity
OW offshore wind farms
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Top-5 Offshore wind farm Players
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6 secured markets
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At least 5 new potential geographies identified
EDPR and ENGIE’s current markets show strong potential for offshore wind farms and there are also other promising markets already identified
Around 40GW of new offshore wind farm capacity to be deployed by 2030 in markets in which ENGIE or EDPR are already present, with significant upside potential to be captured in new markets where the parties intend to develop their presence.
OW have a clear investment framework and ambitious growth targets
Supporting very ambitious growth targets (Gross GWs)
-
1.5 GW
5-7 GW
Under construction /Operational -
4.0 GW
5-10 GW
Under advanced development
Today
2025E
OW Projects In Figures
| Project Name | Type | Capacity | Country | edpr | engie | Status |
|---|---|---|---|---|---|---|
| Moray East | Offshore-Fixed | 950 MW | UK | 33.3% | 23.3% | U/Construction |
| Moray West | Offshore-Fixed | 800-950 MW | UK | 67.0% | 33.0% | U/Development |
| Tréport & Noirmoutier | Offshore-Fixed | 992 MW | France | 29.5% | 31.0% | U/Development |
| Wind Float Atlantic | Offshore-Floating | 25 MW | Portugal | 54.4% | 25.0% | U/Construction |
| Leucate | Offshore-Floating | 30 MW | France | 35.0% | 45.0% | U/Development |
| Seamade | Offshore-Fixed | 487 MW | Belgium | 17.5% | U/Construction | |
| Mayflower | Offshore-Fixed | 1.300 MW | US | 50.0% | U/Development | |
| B&C Wind | Offshore-Fixed | 400 MW | Poland | 100% | U/Development | |
| California | Offshore-Floating | 100-150 MW | US | 35.0% | U/Development | |
| Korea Floating Wind | Offshore-Floating | 1.500 MW | South Korea | 61.25% | U/Development |