| dc.description.abstract | Until recently, the offshore wind industry has primarily operated within western markets. However, to achieve global climate objectives, technologies that mitigate carbon footprints, such as offshore wind, must be swiftly and extensively adopted. Recognizing this imperative, the World Bank initiated an effort in 2019 to assist emerging markets in identifying their offshore wind potential, laying the groundwork for the establishment of a robust offshore wind sector. While established markets have undergone a learning curve, often causing considerable expenses and delays, to streamline their offshore wind operations, many emerging economies may not have the same resources available. Hence, it is important to understand and analyze the policies implemented at different stages of offshore wind development and their impacts. This thesis aims to fulfill this objective by examining the historical trajectories and current policies of offshore wind sectors in Denmark, the UK, and Taiwan. Subsequently, it conducts a time distribution analysis to identify bottlenecks in leasing and construction processes, pinpointing areas where policies contribute to either acceleration or delays. Drawing mainly from data provided by Esgian, a specialized offshore installations data company, this study aims to offer insights for emerging markets to learn from the experiences of established ones, enabling the establishment of more effective country policies. At the same time, it provides Denmark, the UK and Taiwan with valuable insights into optimizing their offshore wind policies by addressing the identified inefficiencies in various phases of the process. | |
