A new dawn is upon us at Offshore Wind. Are you ready for it? Offshore Wind 2018 (OWC 2018) opens up opportunities for the preparation of new industry standards with several sessions covering the requirements of what lies in front.
The solid acclaimed policy of the Netherlands, which has international backing, which is concern with the development of offshore wind has prompted zero-subsidy bids for projects taking place after 2020.
The Climate Agreement is the latest development in the Netherlands, with a plan to build twice as much offshore wind turbine after 2023. Further, in that regard, more innovations could cut down on the cost of offshore wind.
There is a pre-event to the Offshore Wind Conference— a Free-to-attend Update Session— which brings to view the latest development in the Dutch offshore wind policy, including innovations within the industry. The following speakers will be gracing the stage; Ruud de Bruijne, Project Manager Offshore Wind Energy at the Netherlands Enterprise Agency (RVO) and Bob Meijer, Director Offshore Wind Energy R&D at TKI Offshore Wind.
Offshore Wind: A New Dawn is Upon Us
Europe has taken giant strides as regards offshore wind development over the years. The increase in the number of wind turbines, which will soon hit 12 MW was a direct effect of several operational wind turbines, research and innovations within the industry—even effective and faster installation methods are not left out. Again, floating offshore wind is gaining grounds in the industry with its inherent global potential; it is beneficial in areas where bottom-fixed turbines would be of an enormous task or not needed at all.
With Offshore Wind aiming for a sizeable proportion of the European and the world’s energy mix, there has been an active participation of Dutch companies in Asia and the United States. The keynote speakers will set the ball rolling at the OWC opening session, taking into consideration the next step in the new phase of offshore wind power with zero subsidy bids. And the government also bearing part of the project risk.
The center of attention will be primarily on innovations, bigger turbines with extensive capacity, and robust government policy. Keynote speakers like Ditlev Engels, CEO, DNV GL Energy, Pieter van Oord, CEO, Van Oord, and Marcel van Bergen, Director, Boskalis Offshore Energy Division at the OWC opening session will bring to view its sustainability or otherwise.
Energy Security and Offshore Wind
There is a need for a new energy system with energy security. This stem from the increase of power supply coming from renewable energy sources, especially offshore wind, including the cutdown on standard supply. All hands are on deck by policymakers to perfect solutions for reliability and optionality. This session focuses on the European energy system and reliability.
How possible is the absorption of enormous amount of cheap electricity by power markets? Is there any comprehensible energy storage solutions in place? Jan Rispens, Managing Director, Renewable Energy Hamburg will bring on his expertise as regards the German market while Ernst van Zuijlen, Project Director, Offshore Service Facilities will share light on energy security and interconnection.
Profitability and Finance of Offshore Wind
The new phase in the development of offshore wind is the construction of offshore wind parks without subsidy. In that same vein, LCOE offshore wind has decreased to the barest minimum in the last decade.
The big question is how future project will fare in the absence of subsidy? Do experts see any emerging business model? Barbara Zuiderwijk, Founder and director of Green Giraffe and Niels Muller, Partner at PWC will explain the future of offshore wind as it exists in different countries.
Emerging Markets for Offshore Wind
The growth of the offshore wind industry is expected to hit 120GW total installed capacity by 2030. The North, Irish and Baltic Seas located in North-West Europe, possess sandy bottoms and to some extent, they are shallow. However, most seas in the world have rock-like bases and deeper waters. Other regions of the world have to contend with volatile weather, for example, hurricane.
Also, companies interested in doing business in a new market could hit a brick wall as a result of rules and regulations. The majority of this growth will take place in Europe. However, a substantial increase will come into play regarding capacity in North America and Asia.
This session explores growth market and newcomers, and their inherent business opportunities. Liz Burdock, who is the Executive Director at Business Network for Offshore Wind USA, Edgare Kerkwijk, Board member at Asia Wind Energy Association in Singapore and Stefan Lettink, Director Wind at Royal IHC will bring on extensive details on their respective markets.
Emerging Technologies and New Talents in Offshore Wind
The new destination of offshore wind is the deeper water. There is a need for further work in line with the growth of offshore wind industry, regardless of its form—whether wind farms or fixed structure. There is continuous improvement in the technologies developed and used by the offshore wind industry. 2017 registered the world’s first floating offshore wind farm, which generates power, with more to fall in line.
The state of affair in floating will be on the front burner with Erik-Jan de Ridder, team leader Renewable energy at MARIN and Ole Stobbe, Business Development Manager Northern Europe at Ideol doing justice to it.
The session will also accommodate Joost Pellis, Strategic Manager Renewables Atlas Professionals to explores the changes as it exists amongst wind farm owners, developers, and contractors in recruitment and training of offshore wind professionals. Dedicated education at an early age and stage is critical at this juncture.
The Contribution Offshore Wind as it Relate to Future Energy Mix
There will be an increase in energy production offshore. The same also applies to offshore renewable energy, especially offshore wind– including offshore oil and gas.
With the publication from the stables of International Energy Agency (IEA), representing its latest Offshore Energy Outlook–which is part of the flagship World Energy Outlook series — Tim Gould (Head of Division, World Energy Outlook at the IEA) will be providing critical insights as one of the speakers to grace the 2018 Offshore Wind Conference.
IEA perceives that the promise of cost-competitive offshore wind in Europe’s North Sea to could trigger an array of accelerated deployment and technology learning in other regions. However, uncertainty hangs in the air in line with the competitiveness of the industry.
There are two main scenarios by IEA– the New Policies Scenario and the Sustainable Development Scenario—to accurately define seemingly possible outlooks for offshore in the context of the development taking place in the energy market—energy policy and new energy technologies inclusive.
The closing session will also feature Maria van der Heide, Senior Policy Adviser (Corporate Accountability and Natural Resources at ActionAid). The wind industry will put a firm demand on minerals for the production of wind turbines. Maria van der Heide will bring to play the various social and environmental risks in wind turbine supply chains and how to find a lasting solution to them via the implementation of CSR standards.
After the Offshore Wind Conference, the position of offshore wind in the overall global energy outlook will be in full glare, which you will gladly add to your knowledge base.