Market Analysis of the Offshore Wind Energy Transmission Industry: Overview for the Baltic Sea Region

The Baltic InteGrid project is an interdisciplinary research initiative designed to facilitate transnational cooperation and optimise offshore wind development in the Baltic Sea Region (BSR). The following analysis provides project stakeholders with up-to-date information on current market conditions for the development of a regional meshed grid. The report highlights relevant findings from the market analysis of the offshore wind energy transmission industry, with a particular focus on Europe and the Baltic Sea. It first provides a general overview of the European offshore wind energy industry, including information on relevant regulatory regimes, installed capacity, and technology trends. It then presents component-specific market overviews for high-voltage alternating current (HVAC) cables, high-voltage direct current cables (HVDC), converters, transformers, and substation foundations, as well as for the main operation, maintenance, and service (OMS) activities.