Floating Wind Capacity Increases by 38% in One Year
New floating wind capacity coming online increases electricity supply from offshore wind installations.
Source →The trace
How it reaches your house.
Starting from Vestas Wind Systems, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Statkraft SF →supply upElectricity (electrolytic refining)
The 38% rise in operational floating offshore wind capacity increases electricity supply, modestly easing Statkraft SF's electricity input constraint on this edge; the modeled exposure is limited by the low 3% share and moderate substitutability.
67% confidenceHop 2
Electricity (electrolytic refining) →supply upHigher electricity supply lowers a critical input cost for copper and wiring production, easing output constraints for this energy-intensive good.
88% confidenceHop 3
Copper and electrical wiring →Prices riseCheaper electricity can lift copper and electrical wiring output, which increases demand for refined copper cathodes, a critical 0.95-strength input.
59% confidenceCopper and electrical wiring →Prices riseHigher production of copper and electrical wiring would raise demand for copper rod, another critical high-dependency input.
56% confidenceCopper and electrical wiring →Prices riseIf cheaper electricity expands copper and wiring output, upstream demand for ore concentrate can firm, though this link is more indirect.
Hop 4
Copper cathodes (refined) →supply upCopper cathodes are a critical 95%-strength input to copper and electrical wiring, so higher refined-copper availability should increase wiring supply.
92% confidenceCopper rod (8mm) →supply upCopper rod is a critical, high-dependency input to copper and electrical wiring, so higher rod availability should raise wiring output.
83% confidenceCopper ore concentrate →Stands to benefitHigher offshore-wind-driven electricity supply can lift copper wiring output and demand for copper ore concentrate, benefiting a 10% share supplier with a long replacement lead time.