$20 Billion to Flow into European Offshore Substations this Decade
June 22, 2024 –As offshore wind installations gather pace worldwide, Europe is set to see a significant surge in demand for offshore substations, with a total investment of $20 billion required to install 137 substations by 2030. According to Rystad Energy research, over 120 of these facilities will be installed between 2024 and 2030, at a…