Offshore foundations and installation: where the money actually goes
In an offshore wind project the turbine is often not the largest cost. Foundations, installation vessels, subsea cables and the offshore substation frequently exceed it — and the vessels that can install a modern turbine are scarce enough to set project schedules.
In one sentence
Offshore wind foundations are the structures that support turbines at sea — driven monopiles, welded jackets, or moored floating platforms — installed by specialised vessels along with the cables connecting them to shore.
In shallow water a monopile — a very large steel tube driven into the seabed — is the standard and cheapest solution. As water deepens, jacket structures take over, and beyond roughly sixty metres fixed foundations stop being economic and floating platforms become the only option.
Floating designs change the industry's addressable geography completely, because most of the world's offshore wind resource is in water too deep for fixed foundations. They also change the construction model: a floating turbine can be assembled at quayside and towed out, avoiding the offshore heavy-lift operations that dominate fixed-foundation costs.
How this breaks down
Split by what a company actually sells: a fabricated steel structure, a floating platform system, or vessel time.
Installing a modern turbine requires a jack-up vessel with cranes that reach high enough and legs long enough for the water depth. Turbines have grown faster than the fleet has, so the number of vessels capable of installing the largest machines is small, they are booked years ahead, and their availability sets project timelines.
Subsea cables
Each turbine connects to others by inter-array cable, and the array connects to shore by export cable — high-voltage, armoured, and manufactured in continuous lengths by a small number of factories. Cable supply and the vessels that lay and bury them have been a repeated source of project delay, and cable faults are among the most expensive failures in an offshore wind farm.
Why floating changes the map
Fixed foundations become uneconomic beyond roughly sixty metres of water, which excludes most of the coastline off many countries. Floating platforms, moored rather than fixed, open those areas. The engineering problems are mooring systems, dynamic cables that flex with the platform, and port infrastructure able to assemble the units.
What this depends on
1 of these is marked as a chokepoint: a handful of qualified suppliers, a multi-year lead time, or a single geography.
Supply chainChokepoint
Subsea cable manufacturing
Continuous-length high-voltage submarine cable is made in few factories, and capacity has repeatedly been oversubscribed.
Marshalling turbines requires ports with sufficient load-bearing quays and laydown area, which few have.
Standard
Seabed leasing and consent
A project exists only once a lease area has been awarded and consented, and those rounds run to a government's timetable rather than a developer's.
Companies across Offshore foundations
Every company named on a step below this page, ordered by how many of those steps it appears at. Compiled from the pages themselves rather than written separately, so the two cannot disagree. Not a ranking and not a recommendation.
9 more companies appear at a single step each; they are named on the pages for those steps.
What would change the picture
Whether the installation vessel fleet grows enough to keep pace with turbine size.
Whether floating projects move from demonstration to commercial scale.
Whether subsea cable capacity expands to match the transmission being planned.
Questions people ask about this
Why is offshore wind so expensive if the turbines are the same idea?
Because everything around the turbine is harder. Foundations must be driven into the seabed, installation requires specialised vessels with weather windows, cables must be manufactured in continuous armoured lengths and buried, and maintenance requires a vessel and a calm day. The turbine is often the smaller part of the cost.
What does floating wind change?
The available geography. Fixed foundations stop being economic beyond about sixty metres of water, which rules out most of the coastline off many countries. Floating platforms make those areas accessible, and they allow turbines to be assembled at quayside and towed out rather than lifted into place at sea.
Each page explains one technology in plain language, states what it depends on, and names companies by what they supply at that step. Company roles are described qualitatively and deliberately carry no market shares, revenue figures or rankings — those change faster than an explainer can, and a stale number is worse than none. Ticker links point at company pages on this site and are provided for reference only.
Nothing here is investment advice, a recommendation, or a forecast. A company named on a page about a technology is not thereby a good investment, and the chokepoints described are structural facts about supply chains rather than predictions about prices. Technology moves; where a page describes something as unresolved or in development, that was true when it was written.
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