Union Ministry of New and Renewable Energy has released a draft national offshore wind energy policy for 2013. The draft policy was written with inputs from a steering committee on offshore wind energy. According to the draft, onshore wind energy has reached a stage of deployment that makes it competitive with traditional fossil fuel power generation. This level of cost competitiveness has, so far, not been extended to include offshore wind energy, according to the draft. About 5 GW of offshore wind generation capacity is installed worldwide, with an equal amount in development or under construction.
Top countries in the offshore wind market include the UK, Belgium, The Netherlands, Norway, Finland, Denmark, Sweden and Germany. The EU set a goal of 40 GW in offshore wind capacity by 2020 and 150 GW by 2030. In India, the top areas in offshore wind potential are the coastlines of Karnataka, Kerala and Goa.
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