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The Rise of Floating Offshore Wind Technology

by | Jun 22, 2026 | Discussions, Uncategorized

About the author

Narasimhan Santhanam (Narsi) is the Co-founder and Director of Energy Alternatives India (EAI), which he established in 2008 as one of India's first boutique cleantech management consulting firms.

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Narasimhan Santhanam

A BTech graduate from IIT Madras and PGDM holder from IIM Calcutta, Narsi has spent over 15 years helping CEOs and senior leadership of Indian and global companies navigate the climate tech landscape. He has consulted for over 200 organisations spanning solar, bio-energy, electric mobility, and green hydrogen, with clients ranging from GE and Bosch to the World Bank and the Bill & Melinda Gates Foundation.

Beyond EAI, Narsi leads several climate initiatives including Climafix, a prominent accelerator platform for India's climate startup ecosystem, CliDemy, a climate education platform, and C3, the world's first industry-led city-focused climate action consortium. He has authored over 25 industry reports, spoken at more than 100 conferences globally, and served on government and industry committees on sustainability. His work sits at the intersection of deep domain expertise, India market knowledge, and a vast network across the cleantech value chain.

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https://www.youtube.com/watch?v=Eoew6u_zoh0

Hosted by Rosemary Barnes, a clean energy engineer with 20 years of experience, this video explores floating offshore wind and its potential to transform renewable energy.

Key insights:
Floating turbines use three stabilization methods (gravity, waterplane, and mooring-based) borrowed largely from offshore oil and gas engineering.

Floating wind currently costs 2–4 times more than fixed-bottom offshore wind but costs are expected to fall as projects scale up.

Over 200 GW of floating projects have been announced globally, led by Norway, the UK, South Korea, and Japan.

The technology shows classic signs of a disruptive innovation, per Clayton Christensen’s framework, with potential new applications like powering shipping routes.

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