FAN - Mapping Policy And Legal Framework For The Offshore Wind Energy Development

• According to IHS Markit research and as confirmed by the International Renewable Energy Agency (IRENA) and Global Wing Energy Council (GWEC), wind power is one of the fastest-growing renewable energy technologies.
• Policy plays a critical role in encouraging and supporting development of the offshore wind, since at present the economics of the offshore wind is challenging on a purely commercial basis in many countries.
• International and national aspirations and targets will drive anticipated growth in wind energy and countries need to put in place a cohesive and clear legal framework to facilitate industrial development throughout the project's life-cycle.

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