TGS | 4C

Oslo – October 11, 2026 -- Only 2.1 GW of offshore wind capacity has reached final investment decision (FID) so far in 2026, while more than 12 GW is expected to enter operation this year, according to TGS | 4C's latest quarterly Global Market Overview.

TGS | 4C forecasts 5.6 GW will reach FID by year-end. That would make 2026 the second-lowest year for offshore wind investment decisions since 2020.

Consent awards of 22.2 GW point to the second-highest year on record

Final consents are advancing strongly, with 22.2 GW forecast to be awarded in 2026. Early-phase development assets and projects under construction are both progressing, but developers remain cautious about committing capital to the next generation of projects.

Global offshore wind capacity stands at around 92.7 GW in operation, with a further 41.2 GW under construction and 7.1 GW at FID.

Oslo – October 11, 2026 -- TGS | 4C has launched an Onshore Wind Intelligence Platform that extends its project-level market data from offshore wind to the onshore sector, with an initial release covering European markets.

Platform links onshore projects to the organisations behind them

The platform combines project, supplier and market intelligence in a single resource. It targets developers, suppliers, analysts, financiers, policymakers and strategy teams. By connecting project activity with the organisations involved, it gives users a view of market movement, supply-chain relationships and emerging commercial opportunities.

Users can assess project pipelines and track developments to inform strategic and commercial decisions. The platform pairs detailed, up-to-date databases with map-based and GIS solutions and insights.