Current trend of the technology :
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Strong R&D activity and business increasing
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Active research and first emerging business
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Work in progress
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Decreasing R&D activity
FOW are wind turbines mounted on floating structures rather than fixed structures that allows the turbine to generate electricity in water depths where fixed-foundation turbines are not feasible.
Following the first successful prototypes and demonstration projects, floating offshore wind is now taking its first steps towards commercialization. European companies are the pioneers with three quarters of the 50+ FOW projects at different stages of development worldwide followed by the USA and Japan. There is still a need to minimize the risk to increase confidence in projects. Source [86]
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