Floating offshore could be the next frontier in wind power development in Asia Pacific, says Wood Mackenzie. A significant market for floating offshore technology is emerging in Asia. Developers in Japan, South Korea and Taiwan have announced plans to develop key demonstration projects, although the scale of deployment is still limited compared to conventional fixed-bottom technology. Floating offshore wind accounts for just 6% capacity of the 26 gigawatts (GW) of new offshore capacity expected in the current decade in Asia Pacific excluding China. Wood Mackenzie principal analyst Robert Liew said: “This 1.56 GW of ... (full story)