Monthly Archives: November 2013

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Financiers able to invest EUR123 billion in offshore wind

  • The offshore wind industry needs between EUR90 and EUR123 billion by 2020 to meet its 40 GW target

  • Equity and debt providers are willing to invest but fear regulatory instability

report-coverThe offshore wind energy sector needs up to EUR123 billion in investment between now and 2020 if it is to meet its target of 40 GW of installed capacity, and the financial community is able to invest this amount, new research shows.

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“We need a clear political target”

After the general elections in Germany two things seem certain. Angela Merkel is going to continue as Germany’s chancellor and there will definitely be changes to the current Renewable Energy Act.
In this insightful interview, New Energy asks EWEA’s CEO, Thomas Becker, how he thinks the German situation can affect European politics and what he perceives the challenges to be for the industry in the year ahead.

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After the German election: what are offshore wind energy’s prospects?

Press conference, EWEA OFFSHORE 2013, Frankfurt, 20 November 2013, 13:00

The German coalition is planning to drastically reduce its support for wind energy and has cut its 2030 offshore wind energy target from 25 GW to 15 GW.

At a press conference next week at EWEA OFFSHORE 2013 in Frankfurt panelists will discuss what happens now for the offshore wind sector in Germany.

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Unlocking the investment opportunities in offshore wind

“Is offshore wind worth the money? Markets say yes. Banks say yes.” So said Albert Jochems, Managing Director at Green Giraffe Energy Bankers yesterday during a live webcast on offshore wind energy yesterday afternoon.

Other panellists included Michael Hannibal, Head of Siemens Wind Power Offshore and Jacopo Moccia, EWEA’s Head of Political Affairs. Throughout the webcast discussions covered all issues central to the economics of offshore wind.
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CEO breakfast panel: New offshore markets

Thursday 21 November (8:30 – 9:00)
Wind Power Monthly TV Studio, Hall 3.1, stand 31D96

New offshore markets – Creating the policies for progress

Join the Windpower Monthly TV crew for and CEO panel for breakfast. We will discuss where the best new growth regions for European offshore companies are and what policy framework will enable development?

Participants

Chair:

  • Nadia Weekes, editor, Wind power Monthly

Panel:

  • Jonathan Cole, Iberdrola
  • Steve Sawyer, GWEC
  • Jerome Pecresse, Alstom
  • Michael Hannibal, Siemens Wind Power (TBC)

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CEO breakfast panel: Getting the offshore supply chain ready

Wednesday 20 November (8:30 – 9:00)
Wind Power Monthly TV Studio, Hall 3.1, stand 31D96

Getting the offshore supply chain ready: Producing the products to meet the demand

Join the Windpower Monthly TV crew for and CEO panel for breakfast. We will explore the difficulties that the sector will face in the lead up to the next phase of major offshore growth in Europe and what we can learn from installations so far.

Participants:

Chair:

  • Nadia Weekes, editor, Wind power Monthly

Panel:

  • Jukka-Pekka Mäkinen, CEO The Switch
  • Johan Sandberg, Head of Department – Renewable Energy, DNV GL
  • Thomas Becker, CEO EWEA

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Windpower Monthly TV

Windpower Monthly news publication is dedicated to the global wind energy business, providing news and in-depth analysis for the wind industry. Windpower Monthly TV will be onsite in Frankfurt, capturing key activities and engaging with participants to find out what everyone’s talking about as the event unfolds.

Tune in to the live webcast: Thursday 14th November, 1pm GMT

Ahead of the event, Windpower TV brings you an exclusive preview webcast featuring leading figures in the wind industry, including Michael Hannibal, Head of Siemens Wind Power Offshore; Jacopo Moccia, EWEA’s Head of Political Affairs; and Green Giraffe Energy Bank.

Offshore wind brings with it a capital outlay of over £1bn for large-scale developments and high ongoing maintenance costs. Which begs the question: should we push for more offshore growth to fast-track the economies of scale, or is it more financially responsible to take a different path?

Key topics for discussion include:

  • Turbine and foundation concepts for R3: which concepts are emerging as winners and why?
  • How is the industry planning for cables and grid infrastructure for far from shore wind farms?
  • What are the unresolved issues and requirements and how can we move them forward?

Registration is free and you will have the opportunity to put your questions to our speakers throughout the live webcast. For more information or to sign up for free, click on the button below.

Join the webcast

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Recharge onsite – keeping you in the know

Recharge is the multi-channel news service of choice for senior renewable energy professionals, combining in-depth coverage of wind and solar news with relevant updates from the global renewables industry.

Make sure you pick up your copy of the Event Daily, published by the onsite Recharge team, for your daily dose of news and highlights.

Read the preview