We are supporting the energy transition to renewable energy by using our expertise in floating and fixed offshore wind.
Floating offshore wind
Floating offshore wind is a simple concept with a big future. It means taking turbines into deeper waters, where the winds are stronger and more reliable.
Further offshore, the wind turbines have less environmental and visual impact and can generate a lot more power, helping countries with their net zero targets.
The global potential for floating wind is enormous. Many countries do not have shallow coastal waters. Consequently, floating wind will be the only solution if these nations wish to deliver offshore renewables.
It is predicted that opportunities exist for many hundreds of gigawatts of floating offshore wind to be developed over the next few decades. This represents billions in investment, creating many thousands of jobs and substantial opportunities for local supply chains.
Check out our project pages to see where we are developing our floating wind projects.
Fixed offshore wind
The first offshore wind farm was commissioned in Denmark in the early 1990s and only 5MW capacity. At the time, with such limited technology, many believed that creating commercial projects at sea would be unachievable.
Progress was slow, with only a handful of pilot projects delivered across Europe in the next 10 years. The UK’s first demonstration offshore wind farm was installed in December 2000 with 2MW wind turbines with a rotor diameter of 66m.
It had monopile foundations in about 10m water, less than 2km from shore. Since then, technology has moved on significantly, supported by fiscal and political wish to develop an offshore wind industry that could support energy security and net zero ambitions.
Technology innovation includes much larger turbines, economies of scale and less expensive fixed foundation solutions. Today, offshore wind is one of the cheapest sources of electricity generation. Many countries developing offshore wind are focused on making their energy systems secure, low-cost and low-carbon. This has resulted in new, large-scale fixed offshore wind opportunities emerging globally.
Energy Transition is a major challenge for the global oil and gas industry. Concerns about carbon taxes and how to maintain a social licence to operate weighs heavily on the shoulders of oil and gas companies.
Flotation Energy has pioneered energy transition opportunities in conjunction with several major international oil companies.
Today, this knowledge and experience is helping to support significant energy transition opportunities, both in the UK and internationally.