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Offshore wind power has the potential to generate 450 trillion kWh electricity per year worldwide. This amount is 18 times more than today's global electricity demand. Offshore wind power currently provides just 0.3 per cent of global power generation. According to the report of International Energy Agency (IEA), by 2040, capacity of offshore wind power could increase by 15 times, and attract an investment of more than $1 trillion.   The report shows that offshore wind power market grew by nearly 30% annually between 2010 and 2018. There are currently 150 new offshore wind power projects in the world, including China, which was the leading installer in 2018 among any other countries. EU`s offshore wind power capacity is currently 20 GW and this capacity is set to rise 130 GW by 2040. According to the International Energy Agency (IEA), if EU countries reached their zero carbon emission goal, offshore wind power can play a role of the largest electricity source of Europe by reaching to 180 GW.  The IEA predicts that by 2025, China will have overtaken the UK by increasing its capacity of offshore wind power, which is 4GW today, and will be home to the world’s biggest offshore wind fleet. According to the IEA, one of the biggest technological achievements in the field of offshore wind power can be the development of floating offshore wind turbine, which can be placed far offshore.

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