TY - RPRT TI - The European Offshore Wind Industry - Key Trends and Statistics 2013 AU - Corbetta, G AU - Pineda, I AU - Moccia, J AB - Offshore wind power market in 2003418 new offshore wind turbines, in 13 wind farms, worth between €4.6 billion and €6.4 billion, were fully grid connected between 1 January and 31 December 2013, totalling 1,567 MW, 34% more than in 2012.522 turbines were erected during 2013, an average of 4.3 MW per day. 104 of these turbines are awaiting grid connection.Work is on-going on 12 projects.Cumulative offshore wind power market2,080 turbines are now installed and grid connected, making a cumulative total of 6,562 MW, in 69 wind farms in eleven European countries.75% of substructures are monopiles, 12% gravity, jackets 5%, tripods 5%, and tripiles 2%.There are also two full-scale grid-connected floating turbines, and two downscaled prototypes.Market outlook for 2014 and 2015Once completed, the 12 offshore projects currently under construction will increase installed capacity by a further 3 GW, bringing cumulative capacity in Europe to 9.4 GW.Trends - turbines, foundations, water depth and distance to shoreAverage offshore wind turbine size is 4 MW.Average offshore wind farm size was 485 MW in 2013, 78% more than the previous year. The trend towards larger projects is expected to continue over the coming years.The average water depth of wind farms completed, or partially completed, in 2013 was 20 metres (m) and the average distance to shore 30 km.Financing highlights and developmentsNon-recourse debt finance for offshore wind reached €2.13 billion in 2013, increasing on the €1.93 bn reached in 2012 and following €2.33 bn in 2011.Two landmark projects reached financial close in 2013: Butendiek project in Germany, and the refinancing of Masdar’s stake in the London Array project in the UK, the largest offshore project in the world.Financing markets remained open for the offshore wind sector in 2013 and active throughout the year across a variety of instruments, with continued sustained activity expected in 2014. DA - 2014/01// PY - 2014 SP - 22 PB - European Wind Energy Association (EWEA) UR - http://www.ewea.org/fileadmin/files/library/publications/statistics/European_offshore_statistics_2013.pdf LA - English KW - Wind Energy KW - Fixed Offshore Wind ER -