External wakes could reach further than the offshore wind industry previously predicted, bringing financial implications for wind farm developments.
For offshore wind to live up to its full potential, developers and investors must have full visibility over the impact of wind farms on one another, or risk financial and decarbonisation targets being missed.
The issue of wake effects over longer distances became an industry talking point in late 2019, when Ørsted downgraded its financial targets. The revision was in response to improved understanding and modelling of the impacts of both blockage effects and external wake effects on annual energy production and financial performance.