Offshore Wind Market Report

Norwegian Energy Partners is launching their third Offshore Wind Market Report in late August hence we invite you to explore the offshore wind market and future projects with us.

Over the last two decades offshore wind has grown to become a utility scale source of electricity generation. By the end of 2018, 18.3GW of capacity has been installed globally and a further 3.5GW is currently under construction.

The majority of these wind farms are in Europe, with the North Sea in particular having an installed capacity of 12GW across more than 60 wind farms and a pipeline of more projects over the coming years. About 3,600 offshore wind turbines and more than 60 offshore substations have been installed only in Europe since the first offshore wind employment in 1991 in Vindby, Denmark.

Capital and operational expenditure is forecast to grow by 15-20 percent pa to around 550 billion EUR over the next ten years. A market approaching 55 billion EUR pa. While the European market, with more than 90 per cent of current offshore wind deployment, is the cradle of the industry, the industry is very rapidly growing into other regions of the world.

Offshore wind is a proven technology and cost is rapidly reduced to approach a pure commercial stage. The combination of global growth and a desire to reduce costs makes offshore wind hugely appealing for an innovative Norwegian supply chain with its strong offshore and maritime expertise.

Programme

Offshore wind expert workshop with the NORWEP global offshore wind expert team Jon Dugstad and David S. Ottesen.
The workshop will include a 60-minute presentation of the 2019 Offshore Wind Market report highlighting key areas where Norwegian businesses including those engaged in the oil and gas industry can find opportunities in this exciting sector. We will also hear from suppliers in the field sharing their experiences, still leaving ample time to discuss.

Participation and Costs

The event is open and free for all, but requires registration.

Registration

Register for the event at NORWEP.

The event is organised in collaboration with: