Key Factors for Successful Development of Offshore Wind in Emerging Markets

Offshore wind holds tremendous promise for many emerging markets as a large-scale, clean, reliable form of new electricity generation with the potential to stimulate valuable economic benefits. However, developing a new offshore wind sector in an e...

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Main Author:	World Bank Group
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2021
Subjects:	OFFSHORE WIND FARM WIND POWER RENEWABLE ENERGY ENERGY COSTS ENVIRONMENTAL SUSTAINABILITY MARINE SPATIAL PLANNING TRANSMISSION AND DISTRIBUTION NETWORK ELECTRICITY
Online Access:	http://documents.worldbank.org/curated/undefined/343861632842395836/Key-Factors-for-Successful-Development-of-Offshore-Wind-in-Emerging-Markets http://hdl.handle.net/10986/36399

id	okr-10986-36399
recordtype	oai_dc
spelling	okr-10986-363992021-10-15T05:10:43Z Key Factors for Successful Development of Offshore Wind in Emerging Markets World Bank Group OFFSHORE WIND FARM WIND POWER RENEWABLE ENERGY ENERGY COSTS ENVIRONMENTAL SUSTAINABILITY MARINE SPATIAL PLANNING TRANSMISSION AND DISTRIBUTION NETWORK ELECTRICITY Offshore wind holds tremendous promise for many emerging markets as a large-scale, clean, reliable form of new electricity generation with the potential to stimulate valuable economic benefits. However, developing a new offshore wind sector in an emerging market is no easy task. Decision makers must strike a careful balance as they consider a range of technical, political, environmental and social challenges. Offshore wind projectscombine the scale of large hydro and the complexity of offshore hydrocarbon extraction, making them entirely different from onshore wind or solar. Government support and proactivity is, therefore, essential to develop a successful new sector and deliver the high rewards that offshore wind can bring. 2021-10-14T20:48:18Z 2021-10-14T20:48:18Z 2021-09-28 Working Paper http://documents.worldbank.org/curated/undefined/343861632842395836/Key-Factors-for-Successful-Development-of-Offshore-Wind-in-Emerging-Markets http://hdl.handle.net/10986/36399 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	OFFSHORE WIND FARM WIND POWER RENEWABLE ENERGY ENERGY COSTS ENVIRONMENTAL SUSTAINABILITY MARINE SPATIAL PLANNING TRANSMISSION AND DISTRIBUTION NETWORK ELECTRICITY
spellingShingle	OFFSHORE WIND FARM WIND POWER RENEWABLE ENERGY ENERGY COSTS ENVIRONMENTAL SUSTAINABILITY MARINE SPATIAL PLANNING TRANSMISSION AND DISTRIBUTION NETWORK ELECTRICITY World Bank Group Key Factors for Successful Development of Offshore Wind in Emerging Markets
description	Offshore wind holds tremendous promise for many emerging markets as a large-scale, clean, reliable form of new electricity generation with the potential to stimulate valuable economic benefits. However, developing a new offshore wind sector in an emerging market is no easy task. Decision makers must strike a careful balance as they consider a range of technical, political, environmental and social challenges. Offshore wind projectscombine the scale of large hydro and the complexity of offshore hydrocarbon extraction, making them entirely different from onshore wind or solar. Government support and proactivity is, therefore, essential to develop a successful new sector and deliver the high rewards that offshore wind can bring.
format	Working Paper
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	Key Factors for Successful Development of Offshore Wind in Emerging Markets
title_short	Key Factors for Successful Development of Offshore Wind in Emerging Markets
title_full	Key Factors for Successful Development of Offshore Wind in Emerging Markets
title_fullStr	Key Factors for Successful Development of Offshore Wind in Emerging Markets
title_full_unstemmed	Key Factors for Successful Development of Offshore Wind in Emerging Markets
title_sort	key factors for successful development of offshore wind in emerging markets
publisher	World Bank, Washington, DC
publishDate	2021
url	http://documents.worldbank.org/curated/undefined/343861632842395836/Key-Factors-for-Successful-Development-of-Offshore-Wind-in-Emerging-Markets http://hdl.handle.net/10986/36399
_version_	1764485165114982400

Key Factors for Successful Development of Offshore Wind in Emerging Markets

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