Defining the Offshore Wind Support Vessel Market and Simulating Vessel Demand in 2030: Forecasting offshore wind support vessel demand by defining the market drivers and using a factor model and Monte Carlo simulation

With the energy transition taking up speed and strong decarbonisation ambitions offshore wind is becoming a major source of green electricity. European countries are among the leading drivers of the offshore wind expansion on both the wind turbine as well as the vessels side. It is expected that until 2030 170 GW of capacity can be installed,...