Offshore wind is a rapidly maturing renewable energy technology that is poised to play an important role in future energy systems. In 2018, offshore wind provided a tiny fraction of global electricity supply, but it is set to expand strongly in the coming decades into a $1 trillion business.

For many years, offshore wind was the expensive cousin of onshore wind with generation costs in the range of $150 to $200 per megawatt hour (MWh).

This report discusses the issues that impede the development of wind energy in India and undertakes a systematic analysis to propose pathways and interventions to achieve the national target.

This is the 14th annual report on the status of the global wind industry by the Global Wind Energy Council. It provides a comprehensive overview of the global industry at a specific moment in time; an industry now present in more than 90 countries, 30 of which have more than 1,000 MW installed, and 9 with more than 10,000.

The Ministry of New and Renewable Energy has notified National Offshore Wind Energy Policy in October, 2015 for development of offshore wind energy projects for production of electrical power within the Exclusive Economic Zone (EEZ) of the country.

Ministry, in consultation with National Institute of Wind Energy Chennai, has prepared a draft certification scheme incorporating various guidelines issued by MNRE and titled under "Indian Wind Turbine Certification Scheme (IWTCS)".

As the offshore wind power generation spreads to more countries, standardisation can help to overcome market barriers and spur further deployment. Initial experience in the sector has come mostly from mature energy markets, such as Denmark, Germany and the United Kingdom.

Repowering Policy to promote optimum utilization of wind energy resources by creating facilitative framework for repowering.

The International Energy Agency(IEA) released its Offshore Energy Outlook report, looking at all aspects of offshore energy production for the next 20 years.

The Global Wind Energy Council (GWEC) released its Global Wind Report: Annual Market Update, showing a maturing industry successfully competing in the marketplace, even against heavily subsidized traditional power generation technologies.

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