Summer temperatures reached record or near-record levels in Asia, Europe and the US in 2023 amid a climate of instability. With climate deadlines looming, the number of offshore wind installations is accelerating around the world as their potential to power the net-zero transition and bolster energy security is increasing.

Global installed offshore wind capacity at the end of 2022 reached 64.3GW, compared to just 5.4GW in 2012 and the Global Wind Energy Council (GWEC) expects 380GW of offshore wind capacity to be added across 32 markets over the next 10 years (2023-2032). Nearly half of that growth is expected to come from the Asia Pacific region. 

In the race to meet net-zero targets the role of offshore wind and other renewable power sources becomes increasingly urgent. In this session we explore the full potential of offshore wind for the construction sector, discuss the emerging risks that could accompany both its use and its development, and explore some of the challenges facing the industry as it strives for increased deployment.