Renewables Experts - Offshore & Floating Wind Consulting’s Post

IRENA: ‘Accelerate International Cooperation on Floating Wind to Prevent Development of Silos’ As of 2023, there was around 270MW of floating wind capacity in operation, with the global pipeline for new floating projects standing at 244GW, according to a market outlook report commissioned by the 2023 Japanese G7 Presidency & issued by the International Renewable Energy Agency (IRENA). According to the report, meeting the 1.5°C goal requires 494GW of offshore wind capacity on the grids globally by 2030 & 2,465GW by 2050. Despite progress in building new offshore wind farms, there was a total of 63GW of installed capacity in 2022. And just as there are calls to help the global offshore wind industry bring projects to realisation faster, the floating wind industry is seeing recommendations & initiatives to scale up the industry, bring the costs down & roll out floating wind farms more quickly. In the floating offshore wind outlook, issued this July, IRENA outlines several observations with recommended actions to help put floating wind on a fast track. Among the recommendations is for the countries with floating wind to accelerate international cooperation, as floating offshore wind is currently concentrated in certain markets. IRENA says that “it is imperative that, from the start, international cooperation in this field continues to scale up & prevent the development of silos”. To achieve this, G7 members should cooperate with IRENA’s Collaborative Framework to collect & disseminate key trends/learnings from floating offshore wind. The report also states countries should continue to participate in joint research projects within the G7 & other countries. “To drive international co-operation, there is a need to continue developing joint R&D programmes & projects on floating offshore wind. This is already happening in this space, for example with Japan entering partnerships with Denmark & Norway”, the report reads. One of the actions the Agency lists in its recommendations is setting long-term deployment & cost-reduction targets for floating offshore wind, in line with the 2030 Agenda & beyond. The report further also calls for directing more resources & investment towards existing floating wind solutions, in consultation with the industry, to promote economies of scale. IRENA also notes that, while the coupling of floating wind and hydrogen is currently not a priority for the industry, pilot initiatives are demonstrating the potential opportunities so continued innovation & investment in this space should be encouraged. In the report, IRENA listed a total of eleven observations, each accompanied by recommended action points. Our View - exciting times for floating wind ahead. What do you think? Original article by Offshorewind .biz #offshorewind #floatingwind #windenergy https://lnkd.in/dp7cnWEw

IRENA: ‘Accelerate International Cooperation on Floating Wind to Prevent Development of Silos’ As of 2023, there was around 270MW of floating wind capacity in operation, with the global pipeline for new floating projects standing at 244GW, according to a market outlook report commissioned by the 2023 Japanese G7 Presidency & issued by the International Renewable Energy Agency (IRENA). According to the report, meeting the 1.5°C goal requires 494GW of offshore wind capacity on the grids globally by 2030 & 2,465GW by 2050. Despite progress in building new offshore wind farms, there was a total of 63GW of installed capacity in 2022. And just as there are calls to help the global offshore wind industry bring projects to realisation faster, the floating wind industry is seeing recommendations & initiatives to scale up the industry, bring the costs down & roll out floating wind farms more quickly. In the floating offshore wind outlook, issued this July, IRENA outlines several observations with recommended actions to help put floating wind on a fast track. Among the recommendations is for the countries with floating wind to accelerate international cooperation, as floating offshore wind is currently concentrated in certain markets. IRENA says that “it is imperative that, from the start, international cooperation in this field continues to scale up & prevent the development of silos”. To achieve this, G7 members should cooperate with IRENA’s Collaborative Framework to collect & disseminate key trends/learnings from floating offshore wind. The report also states countries should continue to participate in joint research projects within the G7 & other countries. “To drive international co-operation, there is a need to continue developing joint R&D programmes & projects on floating offshore wind. This is already happening in this space, for example with Japan entering partnerships with Denmark & Norway”, the report reads. One of the actions the Agency lists in its recommendations is setting long-term deployment & cost-reduction targets for floating offshore wind, in line with the 2030 Agenda & beyond. The report further also calls for directing more resources & investment towards existing floating wind solutions, in consultation with the industry, to promote economies of scale. IRENA also notes that, while the coupling of floating wind and hydrogen is currently not a priority for the industry, pilot initiatives are demonstrating the potential opportunities so continued innovation & investment in this space should be encouraged. In the report, IRENA listed a total of eleven observations, each accompanied by recommended action points. My View - exciting times for floating wind ahead. What do you think? Original article by Offshorewind .biz #offshorewind #floatingwind #windenergy https://lnkd.in/ed6EU_Qi

Poland Launches Offshore Wind Era with Baltic Power Project, Driving Energy Security and EU Decarbonization Goals Reading Time: 3 minutesPoland is ramping up its domestic offshore wind supply chain to become the leading offshore wind player in the Baltic Sea. Work on the construction of two substations for Poland’s first offshore wind farm is now complete. This marks the kick-off of commercial-scale offshore wind development in Polish waters. Meanwhile, the Polish Presidency of the Council of the EU has made energy security and industrial competitiveness two of its main priorities. On 23 January 2025, Grupa Przemysłowa Baltic (GPB), a Polish company specializing in manufacturing complex steel structures, hosted a high-level event to celebrate the completion of […] - https://lnkd.in/dKMCwu5v #windenergy #windturbines #offshorewind #windturbine #cleanenergy #climatechange #sustainability #energynews #smartenergy #windfarm #windindustry #renewableenergy #renewables #decarbonisation #energysecurity #eu #europe #offshorewind #renewableenergy #windenergy #windfarm #windeurope

L'éolien en mer arrive en Turquie ! : Roadmap Outlines Path for Türkiye to Reach 7 GW of Offshore Wind by 2040 The World Bank Group, in collaboration with the Republic of Türkiye’s Ministry of Energy and Natural Resources, has launched an offshore wind roadmap for the country that outlines the potential for up to 7 GW of capacity to be installed by 2040. The Government of Türkiye has set a target of 5 GW installed capacity for offshore wind power by 2035. According to the World Bank, the country’s waters have areas with a total technical potential offshore wind resource estimated at 75 GW. Favorable offshore wind resources are located near high-demand power centres, offering a large-scale, domestic power generation source. Most areas with good resources are said to be suited for floating foundation solutions, given water depths that exceed 50 metres. The analysis identifies the country’s strategic location, close to European and Asian markets, as an opportunity to become a regional clean energy hub, said the World Bank. The country’s strong industrial base and skilled workforce, particularly its successful onshore wind, shipbuilding and maritime industries, are well-positioned to thrive in the offshore wind supply chain with sufficient project volume and pipeline, the organization stated. “Offshore wind, as an important renewable energy resource, holds the potential to accelerate Türkiye’s transition to net-zero by complementing ongoing onshore wind and solar investment plans, drive supply chain growth and job creation, and strengthen the country’s position as a green energy hub in the region”, said Humberto Lopez, World Bank Country Director for Türkiye. According to the roadmap, four initial exploration areas have been identified, and these are found in the Aegean Sea (around Çanakkale and Ayvalik), the Sea of Marmara, and, to a lesser extent, the Black Sea. Taking into consideration environmental, social, and technical constraints, the potential development is estimated at about 66 GW, equivalent to around 60 per cent of the total existing generation capacity in the country, according to the roadmap. The majority of the initial exploration areas for offshore wind are said to be in deeper water suited for floating technology, representing over 59 GW of potential across 13,270 square kilometres. According to the roadmap, very little of this resource potential is in shallow water (less than 50 metres) suited to fixed-foundation offshore wind, representing around 6.8 GW of potential across 1,510 square kilometres : ... https://lnkd.in/eJJMTRwR

Spain is poised to become a leader in floating offshore wind energy, with projections of reaching 3 GW by 2030. Recent regulatory advancements, including the Royal Decree, have paved the way for the growth of this sector, driving industrial and economic opportunities and job creation. Offshore wind is key to Spain’s renewable energy transition and decarbonization efforts, bolstering industries like naval construction and port management. The III Offshore Wind Congress, organized by AEE, CLANER, and the Cádiz Maritime Naval Cluster, highlights these developments, gathering over 400 national and international experts to discuss future challenges and opportunities for the sector. #offshore, #wind, #Spain, #europe, #renewable, #energy, #green, #turbine, #GW, #maritime, AEE Asociación Empresarial Eólica, CLANER Asociación de Energías Renovables de Andalucía https://lnkd.in/dxxJF4ds

The figures speak volumes. In 2023 alone, the global offshore wind industry added 11 GW of capacity to the grid, marking a remarkable 24 percent year-on-year increase. This surge underscores not just numerical growth but a concerted global effort involving governments, industries, institutions and civil society to drive momentum toward a carbon-free future. Crucially, over 20 nations have joined the Global Offshore Wind Alliance (GOWA), committing to ambitious targets of installing 380 GW by 2030 and an astounding 2,000 GW by 2050. #renewable #renewableneergy #offshorewind #korea

As the world navigates the transition towards #renewableenergy sources, collaborative efforts become increasingly vital. Recognizing this, Team Norway, a consortium comprising Innovation Norway, the Royal Norwegian Embassy, Norwegian Energy Partners (NORWEP) and Norwegian Offshore Wind, is gearing up to host an insightful event alongside the Swedish Offshore Wind Forum in Göteborg on June 12-13, 2024. This collaboration is not only a testament to the shared commitment towards sustainable #energy but also a strategic move to foster cross-border partnerships in the #offshorewind sector. 🇸🇪🇳🇴 Svensk Vindkraft / Swedish Wind Power

🌏 Ahead of the APAC Wind Energy Summit next week we're taking a look at each of the markets in Asia-Pacific where Corio is developing offshore wind projects. First up, South Korea, which is hosting the event co-organised by the Global Wind Energy Council (GWEC) and the Korean Wind Energy Industry Association between 26-28 November 2024 ⬇️ South Korea was one of the first countries in Asia-Pacific to adopt a national target to reach carbon neutrality by 2050. Corio has an established local Korean team of industry leading experts developing around 3 GW of offshore wind projects in South Korea across two portfolios: Busan and BadaEnergy. Corio’s Busan portfolio comprises a series of near-shore fixed-bottom offshore wind projects capable of being deployed by 2030. The portfolio aims to supply clean energy to Busan Metropolitan City, a market with heavy electricity consumption and strong grid capacity. The BadaEnergy portfolio, a joint venture of Corio Generation, TotalEnergies and SK ecoplant, plans to develop two fixed-bottom and three floating wind farms off the coast of Ulsan and South Jeolla province. This comprises the Maenggoldo, Geomundo and Gray Whale projects. The 1.5 GW Gray Whale project, comprising three wind farms, is expected to become one of the world’s largest floating offshore wind developments. Check out our South Korea webpage for more information: https://lnkd.in/eHjjuA9r #offshorewind #windenergy #GWECAsia #ActioninAPAC

Thanks to the The Irish Times for this very fair article and it was a pleasure to discuss the unparalleled opportunities for Ireland with Kevin O'Sullivan last week. The Shannon Estuary Taskforce, at the request of the government, gave over 5,000 hours of their personal time to work on this and other opportunities. The then Taoiseach Leo Varadkar, Ministers Eamon Ryan, Simon Coveney, Norma Foley, all with truly inspirational words, launched our report last July including a Plan, agreed by all Stakeholders, to harvest power from Atlantic wind by 2032. One part of that plan requires investment in the 2 deep water ports of the Shannon Estuary, just like the investments that are now underway in many countries in Europe. Minister Ryan was very clear at recent IEA conference in Paris that governments need to ‘get out of the way’ and let industry get on with the work. https://lnkd.in/esXxAas8 We note government support for our State energy company ESB in its efforts to develop 2 floating wind farms for the benefit of the Scottish economy in the last several years. Just like the other developers, ESB have made no progress here on building floating wind farms, despite the need. Our new Taoiseach, Simon Harris has promised ‘a new energy’ for his tenure as leader of our government and has appointed a new generation of Ministers. Let us hope now that this government will show the vision and leadership of the first government of this State who built Ardnacrusha, the world’s largest hydroelectric plant in its day, a century ago. Today, the risk is beyond miniscule for a government spending €110 billion this year, but the rewards over the next century will be orders greater. Power from floating wind @ 10m/s will be equivalent in cost to fixed by 2035. We have 14 m/s wind speeds in the Atlantic, and as power is proportional to the cube of wind speed, 14 is 2.7 times better than 10! In this increasingly digital world, the countries that can offer large amounts of green energy to society will win, and we are already 5 years behind our neighbours. We eagerly await the new energy of this administration. The Shannon Estuary Economic Taskforce plans are ready.

Case studies from Denmark (Port of Esbjerg) and France (Port La Nouvelle, near Narbonne) in the excellent recent article by Kevin O'Sullivan in the The Irish Times shows the impact of vision and ambition for offshore wind elsewhere in Europe. Barry O'Sullivan chairman of the Shannon Estuary Economic Taskforce is quoted as saying "the Shannon estuary should be seen as the green front door for Europe, such is the depth, shelter, wet storage capacity and offshore wind speeds nearby". In order to achieve this, we can learn from our neighbours. "To justify the necessary investments, it is important to adopt a more regional or global perspective. This is the main lesson learned from the experience of Port Esbjerg, which can help the industry reach its full potential.” “Port-La Nouvelle, near Narbonne, in southern France is the only port with dedicated facilities to build and assemble offshore floating wind turbines close to the best windy location in the western Mediterranean. The port is publicly owned by Occitanie/Pyrénées-Méditerranée, the second-largest region in France, and privately managed. It is spending more than €680 million enlarging facilities, with funding secured through the regional government to ensure it does not transgress EU state aid rules. Port-La Nouvelle attracted private investment following the success of the initial partly state-funded projects”. https://lnkd.in/gceTuuMb