{"id":32504,"date":"2026-06-11T09:00:00","date_gmt":"2026-06-11T08:00:00","guid":{"rendered":"https:\/\/www.engineernewsnetwork.com\/blog\/?p=32504"},"modified":"2026-06-09T09:03:57","modified_gmt":"2026-06-09T08:03:57","slug":"europes-offshore-wind-targets-at-risk-from-rising-costs","status":"publish","type":"post","link":"https:\/\/www.engineernewsnetwork.com\/blog\/europes-offshore-wind-targets-at-risk-from-rising-costs\/","title":{"rendered":"Europe&#8217;s offshore wind targets at risk from rising costs"},"content":{"rendered":"\n<p>Europe&#8217;s offshore wind ambitions are at risk from rising costs, according to a\u00a0<a href=\"http:\/\/email.prnewswire.com\/ls\/click?upn=u001.bV3JjxUANTxOCZ4CbLigP5szVCBY-2Fizl7VVcORRXEtU1gXwao3-2FleGdA7VzWgNQWIGPCLBZ06XLhwgEtXs1jxJKsRLDCkeOOCJjCpHWik4GBJfTuTunBXUeMV2ca9arQ4KVhrnDVtB8yfkFWY-2FVownkRVXKmtRJA2uDFfecsLN8-3Dm_s-_lqwbCAZK5lU0g64iC7sE407C1F4ichhcjJFat-2BM-2BFFdoVnuWeQkZNkygKOHKB5-2FucVN7SIV1ICQqrZfWtBYb-2Bq49esb9ogTcq0oSOeaCHgYMVJzUImBmaGZwyXvkLowzxuzKnAIxuhqthJP15x9i8cW0jpyvy-2FZWIzsorjgtqLxrS-2FaGorg5bleQEeAcsukXFI8iPz2kNHb-2BtkNXe5UxnWf3KCsjkhiYk569bRKQIztiX5oabLxo3tRw3eRF25qxefKxikJI7Sb6zgzG2t-2Bqy0BwtVZldqo1hcboNQhfMvDWFbjjB2OfzXb8Wch10Nfh0miarVqCg8im5F-2Fr10fzaK007HgtizOyR3Nwp2W0at4HXPlxAxufDRezE3YvGMzR\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>new industry report<\/strong><\/a>\u00a0published by think tank GlobeScan. The study, based on interviews with senior executives representing approximately 85% of Europe&#8217;s existing and planned offshore wind capacity, finds that only 7% of respondents are fully confident that the European Union will meet its offshore wind targets.<\/p>\n\n\n\n<p>Europe is stepping up efforts to strengthen its strategic autonomy, enhance energy security, and expand domestic clean energy manufacturing. Against this backdrop, policymakers are weighing measures ranging from local content requirements and trade instruments to cybersecurity and supply chain resilience rules.<\/p>\n\n\n\n<p>The report, commissioned by <strong><a href=\"https:\/\/www.dajin.cn\/index\/index\/tzgx?lang=EN\" type=\"link\" id=\"https:\/\/www.dajin.cn\/index\/index\/tzgx?lang=EN\">Dajin Heavy Industry<\/a><\/strong>, an offshore wind fabricator specialising in monopiles, transition pieces, offshore towers, jackets, and floating foundations, provides new insight into how offshore wind developers view these measures. Respondents broadly support cybersecurity requirements and express conditional support for mechanisms such as the Carbon Border Adjustment Mechanism (CBAM), provided implementation remains practical and predictable. However, support falls significantly for measures that could increase costs in a context of ongoing inflationary pressures, including local content requirements and trade restrictions.<\/p>\n\n\n\n<p>They point to three main areas affecting project delivery:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Supply chains:\u00a0<\/strong>Bottlenecks and capacity constraints across global and European supply chains are making project delivery less predictable.<\/li>\n\n\n\n<li><strong>Trade restrictions:\u00a0<\/strong>Import tariffs and trade defence measures are viewed as particularly harmful due to limited near-term alternatives for key components and services.<\/li>\n\n\n\n<li><strong>Local content requirements:\u00a0<\/strong>Mandatory local content provisions are seen as potentially limiting project viability in a tight cost environment.<\/li>\n<\/ul>\n\n\n\n<p>Across the value chain, respondents underline the importance of maintaining efficient global supply chains alongside efforts to strengthen Europe&#8217;s industrial base. The findings suggest that achieving offshore wind deployment targets will require project affordability, investment certainty, and timely execution, while ensuring continued access to the components and infrastructure needed to deliver projects at scale.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Europe&#8217;s offshore wind ambitions are at risk from rising costs, according to a\u00a0new industry report\u00a0published by think tank GlobeScan. The study, based on interviews with senior executives representing approximately 85% of Europe&#8217;s existing and planned offshore wind capacity, finds that only 7% of respondents are fully confident that the European Union will meet its offshore &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[199,107],"tags":[14998,14434,14996,14997],"class_list":["post-32504","post","type-post","status-publish","format-standard","","category-news-views-and-opinion","category-power","tag-dajin-heavy-industry","tag-europe","tag-globescan","tag-offshore-wind-capacity"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Europe&#039;s offshore wind targets at risk from rising costs - Engineer News Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.engineernewsnetwork.com\/blog\/europes-offshore-wind-targets-at-risk-from-rising-costs\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Europe&#039;s offshore wind targets at risk from rising costs - Engineer News Network\" \/>\n<meta property=\"og:description\" content=\"Europe&#8217;s offshore wind ambitions are at risk from rising costs, according to a\u00a0new industry report\u00a0published by think tank GlobeScan. The study, based on interviews with senior executives representing approximately 85% of Europe&#8217;s existing and planned offshore wind capacity, finds that only 7% of respondents are fully confident that the European Union will meet its offshore &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.engineernewsnetwork.com\/blog\/europes-offshore-wind-targets-at-risk-from-rising-costs\/\" \/>\n<meta property=\"og:site_name\" content=\"Engineer News Network\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-11T08:00:00+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/europes-offshore-wind-targets-at-risk-from-rising-costs\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/europes-offshore-wind-targets-at-risk-from-rising-costs\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#\\\/schema\\\/person\\\/4477342aea8e299c6a21761e513ea8e1\"},\"headline\":\"Europe&#8217;s offshore wind targets at risk from rising costs\",\"datePublished\":\"2026-06-11T08:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/europes-offshore-wind-targets-at-risk-from-rising-costs\\\/\"},\"wordCount\":312,\"keywords\":[\"Dajin Heavy Industry\",\"Europe\",\"GlobeScan\",\"offshore wind capacity\"],\"articleSection\":[\"News, Views and Opinion\",\"Power\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/europes-offshore-wind-targets-at-risk-from-rising-costs\\\/\",\"url\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/europes-offshore-wind-targets-at-risk-from-rising-costs\\\/\",\"name\":\"Europe's offshore wind targets at risk from rising costs - Engineer News Network\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#website\"},\"datePublished\":\"2026-06-11T08:00:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#\\\/schema\\\/person\\\/4477342aea8e299c6a21761e513ea8e1\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/europes-offshore-wind-targets-at-risk-from-rising-costs\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/europes-offshore-wind-targets-at-risk-from-rising-costs\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/europes-offshore-wind-targets-at-risk-from-rising-costs\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Europe&#8217;s offshore wind targets at risk from rising costs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/\",\"name\":\"Engineer News Network\",\"description\":\"The ultimate online news and information resource for today's engineer\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#\\\/schema\\\/person\\\/4477342aea8e299c6a21761e513ea8e1\",\"name\":\"admin\",\"url\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/author\\\/admin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Europe's offshore wind targets at risk from rising costs - Engineer News Network","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.engineernewsnetwork.com\/blog\/europes-offshore-wind-targets-at-risk-from-rising-costs\/","og_locale":"en_GB","og_type":"article","og_title":"Europe's offshore wind targets at risk from rising costs - Engineer News Network","og_description":"Europe&#8217;s offshore wind ambitions are at risk from rising costs, according to a\u00a0new industry report\u00a0published by think tank GlobeScan. 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