India, with its ambitious goal of achieving net-zero emissions by 2070, is emerging as a pivotal player in the offshore wind (OSW) energy sector. Demonstrating a robust commitment to renewable energy transition, the nation has set an ambitious OSW leasing target of 37GW by 2030. Initiatives like the Facilitating Offshore Wind in India (FOWIND) project and the First Offshore Wind Project of India (FOWPI) have been instrumental in conducting extensive research, laying the groundwork for the future development of OSW projects. The government’s proactive stance is evident through the publication of comprehensive reports, successful attraction of investor interest, and the initiation of essential frameworks. Collaborations with international entities such as the European Union and the World Bank Group have further enriched the landscape by bringing valuable expertise and knowledge.
By Shovana Talukdar, Senior Consultant, BVG Associates
The offshore renewables sector is still set for stellar growth; how quickly it achieves this depends on its ability to make changes that unlock its potential. Looking at the headlines around the offshore wind market you could be convinced that the sky is falling in. Cancelled projects, installation overruns, revised auction models and above all higher supply chain costs are conspiring to suggest that the sector is in crisis. But this is an industry that could realistically grow fourfold by 2030 even if 50% of tabled projects are cancelled tomorrow and eightfold if they all proceed. There is still a huge amount to be positive about, but this does not mean that changes should not be made or improvements not encouraged. Here are five suggestions for how the sector can shake off its growing pains and emerge into maturity.
By Alex Fyfe, Managing Director, Heavy Lift Projects, UK
New International Marine Contractors Association (IMCA) CEO Iain Grainger explores the current challenges around contracting issues in offshore wind and the impact of inappropriate allocation of risk, as he reports from the IMCA-convened industry panel at Global Offshore Wind.
The German wind energy market has rebounded after a slump in recent years, with wind turbines generating a significant share of the country’s electricity production. Legislative changes are helping to accelerate the expansion of wind energy. This positive trend is reflected by the technology trade fair HUSUM WIND 2023.
By Arne Petersen, Project Director of HUSUM WIND, Germany
Inn2POWER Helped 1,999 SMEs Expand Into Interregional Markets
The Inn2POWER project, launched in 2016, is a transnational collaboration between 13 project partners from five European countries. The project connects offshore wind and green hydrogen companies in the North Sea region to help realise the ambitious European expansion targets for offshore wind energy by building interregional value chains. The partners explain: ‘Through this cooperation, we have been able to provide important drive at the interregional level so that the required levels of growth and capacity for offshore wind energy can be realised under the condition of building interregional value chains.’
The World Wind Energy Association (WWEA) is holding its fifth south-of-the-equator conference. The first was in Cape Town, South Africa, in 2003, the second in Melbourne, Australia, in 2005, the third in Mar Del Plata, Argentina, in 2007 and the fourth in Rio de Janeiro, Brazil, in 2019. Now it is the turn of Hobart in Tasmania, Australia, on 16 to 18 May 2023. Hobart is known for having passed 100% self-sufficiency in renewable energy several years ago and now has a target of 200% by 2040. This will be the 21st major international conference and exhibition of the WWEA, which has over 600 members from over 100 countries.
Every week on our website and in our email newsletter we want to show you that wind energy is more than just technology. We therefore invite you to send stunning pictures of wind turbines inspired by “light” (in the broadest sense of the word).
After 52 submissions we will announce the winner of the year’s best picture!
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