Investor Presentaiton
Market outlook WTIVS1 - supply & demand
imbalance in 2026-2030
CADELER
WTIVS¹ supply & demand 2026-30, Global ex. China
Demand scenarios for WTIVS 2026-30, Global ex. China
# vessels
30
Possible scenario 2026-30
Installed capacity p.a. (avg.)
Unit
Low
Mid
High Comment
GW
28
28
28
GWEC
Average turbine size
MW
15
15
15
4C Offshore
24
25
22
22
#turbines installed per year
#
1,870
1,870
1,870
20
Days required per turbine²
Days
3.0
3.0
3.0
Demand days
Days
5,610
5,610
5,610
17
15
13
12
10
8
5
Assumed core fleet 15+ MW
turbine segment from 2026
2020 2021
Possible demand - mid
scenario 2026-2030 (avg.)
12022
Total effective vessel
availability p.a.²
Days
320
300
280
% of vessel availability used
for turbine installation²
%
85%
80%
75%
Days available for turbine
installation per vessel p.a.
Days
272
240
210
Possible average vessel
demand scenarios p.a.
# vessels
21
27
22
224
Source: GWEC Global Offshore Wind Report 2022 (June-22), 4C Offshore "Offshore Wind Farms Project Opportunity Pipeline (POP)" March 2021, Company estimate.
Note: Wind turbine installation vessel. Excludes Cadeler's planned newbuilds 2Cadeler management assumptions ³Mid scenario assumption of jack-ups installing 100% of turbines and
25% of foundations
Taking into account
mobilization,
maintenance, yard
stays etc.
Taking into account
time spent on
15
installation of
foundations, O&M or
other³View entire presentation