Offshore wind developments are a critical component of Europe’s energy transition plans, but a supply headache could be on the horizon for the industry before the end of the decade. Rystad Energy’s modeling shows that in 2028, demand for offshore turbine towers will outstrip manufacturing capacity, signaling that time is running out for the continent to address the issue and ramp up production capabilities. Rystad Energy’s offshore wind capacity outlook shows that wind tower manufacturing capacity will keep pace and exceed demand…
