OW Ocean Winds’ Post

[English version] 🇬🇧 At last! The winner of AO5, the first floating wind farm tender located offshore southern Brittany, is now known.🏆 The French Government selected Pennavel, the consortium composed of Elicio and BayWa r.e. EMEA, for this 250 MW offshore wind farm. It will also be the first commercial floating offshore wind farm in #France. XP SEA, which has been working for two years on AO5, supporting Moulins de Mervent consortium, enthusiastically welcomes this exciting news awaited for months by an entire industry. 🌱 It is a major project for France and for Brittany's energy independence, contributing to accelerating the ecological transition. Furthermore, the French Government highlighted the local #breizhContent contribution in which XP Sea fits perfectly, being based in Lorient near the future wind farm. Now, Brittany’s wind industry, to which XP Sea belongs, can take action. Many challenges lie ahead for this first French Floating Wind Farm. Especially technical challenges related to turbine size, the specificity of dynamic cables, the significant dimensions of floaters, and anchoring system in extremely difficult rocky soil! 📍 XP Sea has made floating wind a priority that echoes its expertise and its choice to support projects using wind energy. 🌊 XP Sea has many years of experience in offshore technologies and in supporting industry players of the maritime sector through different project phases, particularly in floating offshore wind. To learn more about XP Sea, go to the first comment 👇 📸 Unsplash #innovation #EMR #managementdeprojet #maritime #constructionmaritime #OffshoreWind #ancrage #écologie #transitionécologique #environnement BPN Bretagne Pôle Naval SEM énergie Ministère Écologie Territoires Région Bretagne Syndicat des énergies renouvelables (SER) Bretagne Ocean Power Pierre CORDIER

The recent decision by the Norwegian Minister of Energy Terje Aasland to postpone the Utsira Nord project to 2025 has been met with feelings of frustration and disappointment in the #FloatingOffshoreWind industry.  This is, perhaps, understandable given that initial bids were expected to be submitted in September 2023 😡 .  In the words of Ståle Kyllingstad, CEO of IKM Gruppen and Chairman of Norsk Industri, “We need speed in the development of the offshore wind industry and we need speed in the green shift”, and he is absolutely correct.  However, perhaps its not all bad news🧐. Considering that we have a long history of awarding license areas for oil and gas projects, we know how to do things right when it comes to awards 🙌 .  Building on this experience and taking into consideration previous issues that other countries have experienced in Floating Offshore Wind project award including: 🇫🇷 France award of AO5 (Bretagne Sud) with award of initial 250MW planned for early 2023 has been delayed numerous times due to issues such as sea-bed conditions, approval of EIA, and EU approval of bidding rules.  Award is expected in the near future, but no fixed date has been set. 🇬🇧 UK Contract for Difference (CfD) allocation rounds now include additional requirements such as submitting a Supply Chain Plan to ensure a robust commercial basis. 🇬🇧 Despite strong interest from many major players in the industry, Allocation Round 5 (AR5) resulted in a failed bid. 🇯🇵 Japan FOW faces issues stemming from disagreements and negotiations with local residents and fishers’ groups, on top of other industry woes such as higher costs of wind turbines due to a spike in the cost of building materials.  According to The Japan Times, this has led to delays and cancellations of projects in Japan and abroad. 🎢 Given the opportunity to observe the challenges that other countries are experiencing in awarding these highly critical projects, perhaps taking the time to be sure that we continue to do things in a good and pragmatic way is understandable.    The recent award of SNII to Ventyr has shown that Norway is committed to developing offshore wind, and that they take into consideration the overall commerciality of the projects when awarding ⚖ .  Through observing the results of neighbouring countries in their FOW initiatives, we may see opportunities which would not have been apparent before. 🙈 Might not be a full silver lining, but it’s closer to lemonade than lemons 🍋

Ocean Conservancy and Ocean Risk and Resilience Action Alliance released the report, "Catalyzing Responsible Offshore Wind in Developing Nations - THE ROLE OF CONCESSIONAL FINANCE" >Offshore wind (OSW) capacity is growing rapidly, with 10.8 GW going online in 2023, for a total of 75.2 GW. > There were 315 offshore wind farms operating worldwide —the vast majority in China and Europe. > The goal is to install at least 380 GW of offshore wind capacity by 2030, and advocating for $10 billion in concessional finance for OSW in developing countries. > This study identified two key strategies for deploying concessional finance to accelerate OSW deployment in developing countries, each targeting a different aspect of the OSW development cycle, and both aimed at ensuring long-term environmental and social benefits 1. Technical assistance and direct concessional finance to national governments and sovereign enterprises 2. Concessional finance to private entities, to be blended with commercial sources. Recommendations include: a) Deepen technical assistance to interested national governments b) Scale up concessional finance specifically for OSW c) Build momentum through partnerships Full report attached. #renewables #offshorewind #blueeconomy

what a news to start #Monday Morning : Six giant #offshorewind farms put out to tender Specifically, the projects cover six new offshore wind farms. And from today, companies can bid for the projects if they want to build offshore wind in the designated areas at #KrigersFlak, #Hesselø, the #NorthSea and the #Kattegat. The economics of the offshore wind projects 💲 💲 -The state will own twenty percent of the future offshore wind farms -It costs approximately DKK 16 billion to build an offshore wind farm - The parks are not subsidized - Companies must pay an annual amount to the state in order to be able to use the marine space The government expects the parks to be able to produce electricity for at least six million Danish or European households. link : https://lnkd.in/giUj7u87

Two 2-GW #offshorewind farm zones in the #Netherlands have been split into sites of 1 GW to reduce the financial risks for wind farm developers, the Netherlands Enterprise Agency (RVO) announced on Tuesday. The decision concerns the IJmuiden Ver Gamma and Nederwiek I zones in the North Sea, a tender for which will be launched in the autumn of 2025. The Netherland’s Ministry of Climate and Green Growth is splitting these sites into four smaller sites after the previous tender round for the construction of 2-GW offshore wind farms received fewer bids than expected. The combined capacity of the areas remains 4 GW. They are now called IJmuiden Ver Gamma-A (eastern site), Jmuiden Ver Gamma-B (western site), Nederwiek I-A (southern site) and Nederwiek I-B (northern site), all of 1 GW. RVO said it will likely announce details of the upcoming permit tender round in the final quarter of 2024. The results of the previous tender were announced in June.

Suomen Hyötytuuli welcomes the Finnish Government’s recent decision to subject the current EEZ regulation to a speedy reform. ”Finland has a substantial offshore wind potential in the exclusive economic zone. To make the best use of it, we should introduce new project areas to the market in a controlled way,” says Esa Holttinen, Business Director at Suomen Hyötytuuli. While the legislative reform for the EEZ is under way, there are several offshore wind projects ongoing in the Finnish territorial waters. The most advanced of these is Suomen Hyötytuuli’s Tahkoluoto Extension project, which consists of forty 15+ megawatt turbines and is expected to be built in 2027–2029. The demonstration phase for the Extension was granted water permits and building permits in December 2023. https://lnkd.in/d2ryMFdS

The future of #OffshoreWind is promising.... Van Oord contributes to construction of new quay for offshore wind vessels in Estonia | Windpowernl https://lnkd.in/epGebCJv

Site visit: Inside an O&M base for floating offshore wind farms Enlit on the Road visited Principle Power's base in Viana do Castelo, Portugal, to learn why the O&M phase of a floating offshore wind project is one of the most important elements of ensuring project success. Maria Clara Moura Santos, VP of operations and maintenance at Principle Power, shares the lessons learned from WindFloat Atlantic, a project that has been operating since 2019 and is owned by the Ocean Winds consortium, formed by Ocean Winds, Repsol and Principle Power. Credited by: Enlit Europe #FloatingOffshoreWindFarms #OperationsAndMaintenance #PrinciplePowerBase #OceanWindsConsortium #RenewableEnergyInnovation #OffshoreWindTurbineTechnology #SustainableEnergyGeneration #WindEnergyFuture #CleanEnergyTransformation #OffshoreWindIndustryInsights #SustainableEnergyInfrastructure #GreenPowerGeneration

In November 2023, the Finnish Ministry of Economic Affairs and Employment appointed a working group tasked to prepare a new act that will govern permitting and construction of offshore wind power within Finland’s exclusive economic zone. The MEE has published an updated estimate on the timing of the legislative process as well as outlined a number of key elements of the contemplated Act. We are actively monitoring all legislative developments affecting the Finnish onshore and offshore wind sector and would be pleased to discuss any questions that you may have: Mikko Eerola, Jonatan Hallvar, Tuomas Tiensuu, Eeva-Lotta Kivelä, Nora Liimatainen. #windpower #FinnishEEZ #energy #transactions https://lnkd.in/e6DbtuvV

The environmental circumstances are favourable for the connection infrastructure of Polish Offshore Wind Farms' Bałtyk II and Bałtyk III projects! We address the global green shift while keeping a balance with the environment, marine life, and onshore part local communities. Recently, the Regional Director of Environmental Protection in Gdansk, Poland, published an ordinance on the environmental standards for the link infrastructure of the Bałtyk II and Bałtyk III offshore wind projects. This enables the project's investors, Polenergia and Equinor, to move forward with the project and begin work on building permits. Offshore operations, comprising the installation of inter-array and export cables, will commence in 2026. The inter-array cables, which can stretch up to 200 kilometres in length and carry a voltage of 66 kV, will connect each farm's wind turbines to the offshore substation. The two 720 MW offshore wind farms are anticipated to generate energy as early as 2027. #progresstoexcellence #energytransition #offshoreenergy #owf #offshorewindfarm #offshorewind #poland #baltyk #equinor #polenergia