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Offshore wind installation demand to quadruple in 10 years

A shortfall in vessel supply is expected to emerge in the next five years as offshore wind installation surges. Turbines are also increasing in size, calling for work to be performed using next-generation vessels that are not as readily available

Heavylift offshore wind installation capacity will emerge as a bottleneck, says Rystad Energy. The consultancy predicts that an undersupply situation will start to emerge from the mid-2020s

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