Offshore wind is a promising driver of industrial growth and clean energy in Asia-Pacific. Its success is powered by clear and supportive public policy, which can turn its complexity, capital intensity, and supply chain challenges into opportunities for investment, innovation, and resilient growth.
This GWEC paper sets out a comprehensive framework for industrial policy in offshore wind, drawing on lessons from nearly four decades of global development. It outlines the key actions policymakers can take to de-risk investment, accelerate market growth, and enable long-term socio-economic benefits.
Through case studies and cross-country analysis, the report demonstrates how targeted policies—covering capacity targets, financing, supply chains, workforce, land and sea connection, governance, and innovation—can move markets from foundation to scaling and maturity. It highlights both global best practices and tailored recommendations for emerging markets in the region, offering a clear roadmap.
Key Findings
Key findings reveal that:
- Clear, credible capacity targets are the most important lever to anchor planning, infrastructure, and investment.
- Early projects require revenue support mechanisms such as CfDs and PPAs to reduce risk and enable early projects to move forward with confidence.
- A resilient supply chain strategy should balance local capability building with regional coordination to avoid bottlenecks.
- Workforce development must align with international standards, while supporting just transitions from adjacent industries.
- Streamlined permitting and governance are essential to reduce delays and secure social license.
- Sustained public–private R&D and innovation investment help reduce costs, build local expertise, and future-proof the sector.
Media Inquiries
Diana Sumanan
Communications Manager, APAC
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diana.sumanan@gwec.net