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Making Offshore Wind Work | Key Factors for Successful Development of Offshore Wind in Emerging Markets

 

Key Factors for Successful Development of Offshore Wind in Emerging Markets is a comprehensive guide for countries planning to include offshore wind at scale in their energy mix.

The guide will assist governments with favorable offshore wind resources in establishing the policies, processes, and regulatory frameworks that best suit their local, national, and regional contexts. 

The first edition of this report, published in 2021, was a seminal work by the World Bank Group’s Offshore Wind Development Program, jointly led by ESMAP and IFC, the private sector lending arm of the World Bank Group, to accelerate the uptake of offshore wind in emerging markets.

An Updated Edition at a Pivotal Moment for Offshore Wind

This updated edition, has been produced by the World Bank Group with support from BVG Associates (BVGA) and Arup. It is informed by industry experts, policymakers, and communities. It provides numerous case studies and references and incorporates the latest advancements and lessons learned to facilitate progress.

The report includes updates on key topics such as marine spatial planning, integrated environmental and social sensitivity mapping, mobilizing finance, and innovative applications of artificial intelligence (AI) to enhance wind farm design and operations.

Since its launch in 2019, the World Bank Group's Offshore Wind program has provided technical assistance to 26 client countries to assess their offshore wind potential and is ready to help support the success of additional emerging offshore wind markets.

Citation

Energy Sector Management Assistance Program (ESMAP).

Making Offshore Wind Work: Key Factors for Successful Development of Offshore Wind in Emerging Markets (English). ESMAP Report. Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099040425132034835 

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