S&P: Offshore wind has great potential if growth risks are addressed

Michael Holder
clock • 3 min read

Global ratings agency cites North American market for future capacity expansion, but warns of need to tackle technological risks

Improving technology and falling costs are making offshore wind an increasingly viable source of energy worldwide, but the sector still faces a number of technological and geographical risks that could...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Wind

Burger King inks deal to source power from Dorset onshore wind farm

Burger King inks deal to source power from Dorset onshore wind farm

Deal arranged by Evolve Energy will see restaurant chain supplied with clean energy from 8MW Alaska Wind Farm in Dorset

clock 29 May 2026 • 1 min read
'Just the beginning': Number of wind turbines installed rose 23 per cent in 2025

'Just the beginning': Number of wind turbines installed rose 23 per cent in 2025

Over 28,000 new wind turbines installed globally last year at an average of around one every 20 minutes, Global Wind Energy Council finds

Stuart Stone
clock 15 May 2026 • 4 min read
Government green lights 4GW of North Sea offshore wind projects

Government green lights 4GW of North Sea offshore wind projects

RWE and Masdar given Development Consent Orders to develop two 1.5GW offshore wind farms capable of collectively powering three million UK homes a year

Michael Holder
clock 14 May 2026 • 3 min read