Floating wind market 'much smaller' than expected, Technip chief says
Floating wind market 'much smaller' than expected, Technip chief says is drawing significant interest across the industry.
Demand for floating wind turbines has fallen short of expectations, according to Technip Energies CEO Arnaud Pieton, who points to high costs and a narrow range of suitable sites as key barriers. These issues reflect broader headwinds across the global offshore wind industry, where several European nations have struggled to attract bidders for new wind farm projects.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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