OGV Group’s Post

Offshore wind industry seeks to unlock UK supply chain innovation with standardisation of technology demonstration   Coinciding with the RenewableUK’s ‘Wind Energy Week’, today the Offshore Wind Growth Partnership (OWGP) is highlighting its newly published standardised technology demonstration agreement (STDA). #OffshoreWind #SupplyChain #Innovation #OffshoreWind #UK #Standardisation #TechDemonstration #OilandGas

Offshore wind industry seeks to unlock UK supply chain innovation with standardisation of technology demonstration   Coinciding with the RenewableUK’s ‘Wind Energy Week’, today the Offshore Wind Growth Partnership (OWGP) is highlighting its newly published standardised technology demonstration agreement (STDA). #OffshoreWind #SupplyChain #Innovation #OffshoreWind #UK #Standardisation #TechDemonstration #OilandGas

Offshore wind industry seeks to unlock UK supply chain innovation with standardisation of technology demonstration Coinciding with the RenewableUK’s ‘Wind Energy Week’, today the Offshore Wind Growth Partnership (OWGP) is highlighting its newly published standardised technology demonstration agreement (STDA). #OffshoreWind #SupplyChain #Innovation #OffshoreWind #UK #Standardisation #TechDemonstration #OilandGas 

𝗘𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗳𝗼𝗿 𝗙𝗹𝗼𝗮𝘁𝗶𝗻𝗴 𝗢𝗳𝗳𝘀𝗵𝗼𝗿𝗲 𝗪𝗶𝗻𝗱 – 𝗕𝘂𝘁 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗥𝗲𝗺𝗮𝗶𝗻 Recent milestones in the floating offshore wind sector are paving the way for a renewable energy revolution. France awarded its first commercial-scale floating offshore wind auction to Elicio and BayWa r.e. Global. with the 250 MW Pennavel project, a significant step forward in scaling up floating wind technology. In Sweden, Deep Wind Offshore plans the Erik Segersäll floating offshore wind farm of 1.5 GW, and potentially supporting an area of 4.5 GW through several development phases to meet the needs of 2.5 million Stockholm residents. In addition to these achievements, Stiesdal has reported that the TetraSpar Demonstrator Project has achieved an impressive 63% capacity factor, highlighting the efficiency and potential of floating wind platforms. These projects showcase the immense potential of floating wind technology. Despite the progress, the industry still faces challenges such as high costs, complex installations, and regulatory hurdles. Innovative solutions and ongoing investments are crucial to overcoming these obstacles and fully realizing the potential of floating wind farms. Looking ahead, the future of floating wind technology appears promising and exciting. Read more in our latest article: https://hubs.ly/Q02z2M7f0 #Renewableenergy #Floatingwind #Offshorewind #Windindustry

Industry body RenewableUK published a report today (17 June) showing that global offshore wind operational capacity has increased by over a fifth in the last year. #energytransition

The offshore wind industry is facing challenges that may result in falling short of global capacity targets. A recent analysis by energy consultancy Westwood highlights the industry's struggle to meet projections for floating wind installations. Market upheavals, inflation, and challenges related to technology standardisation and infrastructure are contributing to a shift in industry sentiment. While there is cautious optimism about the potential of floating wind, stakeholders emphasise the need to invest in manufacturing capability and infrastructure. The industry's future growth prospects remain significant, but collaboration and innovation will be crucial in overcoming these challenges. What do you think? Let’s chat. 💬 To read more, check out the link below. #WindEnergy #FloatingWind #WindSector #Ilosta #Renewables #OffshoreWind #RenewableEnergy

Breaking news! Ed Miliband: “Onshore wind is one of the cheapest sources of power we have.” After a few years of policy impediments it is great to see UK governance paving the way towards a successful wind industry. Sustainable ocean-based solutions, particularly offshore renewable energy, play a crucial role in the global transition to a cleaner and more equitable future. 🙌Generating renewable energy from offshore wind has huge potential globally so it is fantastic to see policy makers committed to the sector’s expansion and supporting its development with coalitions in the private sector that will unlock access to finance. Address in comments. #governance #uk #offshorewind #greeneconomy #renewables

Floating Offshore Wind will have less than 3GW of global capacity to be operational by 2030, with Europe reaching 0.5-2GW in the same timeframe (61 per cent), that is worldwide, according with 184 floating offshore wind industry stakeholders #Portugal #Spain #solarpv #wind #sps #wps #solarplusstorage #windplusstorage #ess #energystoragesystems #greenhydrogen #hydrogen #energytransition #sustainablefinance #climatechange #climatefinance #cleanenergy #renewableenergy #sustainability #innovation #cleantech #renewables #energytransition #cleanenergy #energysector #greeneconomy #renewableenergy #greenhydrogen #sustainablefinance #greenfinance #alternativeenergy #powergeneration #sustainableinvesting #batteries #energystorage #powermarkets #innovation #oilmarkets #oilandgas #linkedinnews #linkedinfinance #hydrogenenergy #hydrogeneconomy #energy #pv #solarenergy #climate #bess #solar #solarpower #power #developer #projects #offshore #windoffshore #floatingwind #floatingoffshorewind #bioethanol #offshorewind

How to create and secure a national #offshorewind #manufacturing industry has been a common conversational theme over the last few weeks. The 2024 Offshore Wind Industrial Growth Plan (IGP) estimated the global offshore wind opportunity at £1300bn over the next decade with the UK wind market alone forecast to undergo 4x growth. My view (but not just my view!), is that to deliver on the scale of the opportunity it is now critical to invest in developing a ‘connected pathway’ between research and manufacture to anchor technology and product leadership in the UK. Happily, this is a conversation that has sparked at almost every event I and National Composites Centre ‘Team Energy’ have been at over the last few weeks, not least: - At the UK Wind Supply Chain spotlight event on a panel Chaired by Ronnie Bonnar with Stephen Wyatt, Deborah Greaves, and Jane Cooper - At the launch of the Supergen Offshore Renewable Energy (ORE) Hub Outlook 2040 report - At a #GreatritshEnergy roundtable with Juergen Maier CBE FRS FREng and Tim Cullen earlier this week - I could go on….. And if you want read more from myself and Stephen Wyatt (Offshore Renewable Energy Catapult), then see here: https://lnkd.in/gVh5TSCd #UKenergy 

Floating wind energy presents a significant opportunity for Wales to become a global leader in renewable energy. By addressing the challenges and seizing the opportunities, Wales can position itself as a key player in the transition to a low-carbon economy. #smartbusiness #cleanenergy #futuretransition