Sea change: Offshore wind sector adjusts development plans as costs rise (Ep. 250)

Sea change: Offshore wind sector adjusts development plans as costs rise (Ep. 250)

June 25, 2026 · 34 min

About this episode

The episode discusses the challenges and future growth areas of the offshore wind sector amid rising costs and changing economic conditions.

More than 90 GW of offshore wind capacity has been installed globally, split almost equally between Europe and China. Development in many parts of the world has slowed as rising interest rates and wavering policy support pressure new-project economics. S&P Global Energy expert Andrei Utkin joins hosts Hill Vaden and Sam Humphreys to discuss the global landscape for offshore wind and flag areas that will drive the next wave of sector growth. Learn more about S&P Global Energy coverage at: https://www.spglobal.com/energy/en

People in this episode

Hosts: Hill Vaden, Sam Humphreys

Guest: Andrei Utkin

Topics covered

Mentioned in this episode

Organizations: S&P Global Energy

Places: Europe, China

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