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Saturday
October 24, 2026
The Port Journal

GWEC Calls for Government Action to Accelerate Floating Wind Commercialisation

The Global Wind Energy Council (GWEC) and more than 50 companies and organisations involved in floating offshore wind have called for coordinated...

1 min read
GWEC Calls for Government Action to Accelerate Floating Wind Commercialisation
Photo: offshoreWIND.biz

The Global Wind Energy Council (GWEC) and more than 50 companies and organisations involved in floating offshore wind have called for coordinated government and industry action to accelerate the commercialisation of the technology.

The call is set out in the Action Statement for Accelerating Floating Wind, agreed on by the Floating Wind Industry Accelerator (FWIA), following ten months of consultations with stakeholders across the global value chain.

GWEC established FWIA in December 2025, bringing together developers, manufacturers, suppliers, investors, insurers and technical experts. The group has identified three areas for joint action: reducing floating wind costs, expanding access to finance and insurance, and scaling supply chains, infrastructure and standardisation.

The initiative aims to help first commercial-scale floating wind projects reach final investment decisions (FIDs) before 2030 and support the sector’s expansion during the following decade.

This story was originally published by offshoreWIND.biz. Read the full story at offshoreWIND.biz →

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