- Category: Publishers Note
The Offshore Wind Business as a United Industry
Over 8,000 delegates from 54 countries were in Copenhagen this year for EWEA OFFSHORE 2015. The central theme of the event was how to bring down the levelised cost of energy. At the event, three players within the offshore wind industry (MHI-Vestas Offshore Wind, DONG Energy and Siemens Wind Power) launched an initiative and issued a joint declaration outlining the concept of a ‘United Industry’. The goal of the declaration is to inspire the industry to come together around the promise of reducing its cost of energy, which remains a top priority for the offshore wind industry. According to a study commissioned by EWEA the industry should knock down 26% of its capital and operating costs in order to become highly competitive by 2023. The study, conducted by Ernst & Young, highlights four key actions to reduce costs. First, the introduction of higher capacity turbines with better energy capture and reliability with lower operating costs could lead to as much as a 9% reduction in costs. Second, a steady project pipeline allowing continuous production of support structures would cut up to 7%. Third, greater competition between industrial actors in several key supply chain areas would lower costs by as much as 7%. And, fourth, greater supply chain optimisation and logistical integration could potentially achieve a 3% saving. The report expects the sector to be close to reducing the levelised cost of energy to €100 per megawatt-hour by 2020, by which time cumulative installed capacity in European waters is expected to have tripled to 23.5GW. The study adds that the cost could be reduced to €90/MWh by 2030, as long as a continual stream of new projects come on-line.
- Category: Publishers Note
When will offshore wind become a real global market?
EWEA Offshore is a biennial event that unites the whole of the wind energy value chain under one roof. The event attracts thousands of offshore wind energy professionals from Europe and beyond including manufacturers, developers, operations and maintenance, and logistics and installation. This year the event is happening in Copenhagen between 10 and 12 March. Globally, offshore wind is still in an early stage of development. Most of the capacity installed (8.7 GW) is in Europe, in the North, Baltic and Irish Seas. The only other substantial market is in China, although there are developments in Japan, Korea and Taiwan, as well as early movement in the USA.
- Category: Publishers Note
Investments in wind energy in 2014 reach almost US$ 100 billion
The last couple of years have been turbulent years for the industry but there are plenty of signs the industry has found its way up again. Marketing budgets are always a good sign of the economic state of an industry and its companies, and at Windtech International we have seen positive signs in this direction. In 2014 global investment in clean energy was US$ 310 billion, which is 16% more than in 2013 according to Bloomberg New energy Finance. In 2004 this number was US$ 60.2 billion. Total new installed capacity of renewables was 100GW in 2014.
- Category: Publishers Note
Ten years of the latest technological developments
The new event WindEnergy Hamburg, which came to a close on Friday 26 September after four exhibition days at the Hamburg site, had a good start. The new fair demonstrated its international character; more than 33,000 visitors from all parts of the world were there, getting information on the latest products and services from 1,250 exhibitors from 33 nations. A third of the visitors were from outside Germany, including 24 delegations from 22 countries. The Windtech International team attended the event as well, and on page 22 you can find our review of the fair. We also obtained plenty of inspiration for future articles and in this issue we present an article about dynamic rotor geometry measurement, a concept we spotted in Hamburg. Dynamic rotor geometry measurement (DRGM), developed by windcomp between 2008 and 2010, is a method for the verification of the aerodynamic condition and the aeroelastic behaviour of a wind turbine rotor and the turbine tower system. On page 7 you can read the full article about it.
- Category: Publishers Note
Big potential for US offshore industry and China back on track
The AWEA Offshore WINDPOWER 2014 Conference & Exhibition, which will run from 7 till 8 October in Atlantic City, New Jersey, is the largest offshore wind energy event in North America. Although no offshore wind farm has yet been installed in the USA, the future for the offshore industry looks promising. The US Energy Department has recently announced a new report, Offshore Wind Market and Economic Analysis, showing steady progress for the US offshore wind energy industry over the past year. The report highlights 14 projects in advanced stages of development, together representing nearly 4,900MW of potential offshore wind energy capacity for the USA. The report also finds that globally, developers continue to build offshore wind projects further from shore in increasingly deeper waters, while increased turbine sizes and hub heights enable higher efficiency and output from turbines. Worldwide, the average capital cost for offshore wind projects completed in 2013 fell 3.7% per kilowatt-hour from 2012, with an additional decrease expected in 2014. Total project installation costs have fallen 6% since 2011.
- Category: Publishers Note
A preview of the global on- and offshore expo
WindEnergy Hamburg, a new international fair for the wind industry, will be held in Germany’s second biggest city this autumn. From 23 to 26 September, the Hamburg Fair site will be the meeting point for energy industry experts from all parts of the world. WindEnergy Hamburg will give this global industry the ideal platform for dialogue and presentation of its recent innovations, new technologies and services. It covers the whole of the supply chain, both onshore and offshore. More than 1,000 exhibitors from all over the world are expected at the fair, presenting their products in 65,000 m² of exhibition space.
- Category: Publishers Note
Global wind market rebounds in 2014
The Global Wind Energy Council (GWEC) has launched its Global Wind Report – Annual Market Update, which looks at the status of the global industry, along with market projections for the years 2014 to 2018. GWEC expects installations of at least 47GW in 2014, a dramatic increase over 2013 levels.