Wind in our Sails - The coming of Europe's offshore wind energy industry

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Wind in our Sails The coming of Europe’s offshore wind energy industry

description

‘Wind in our Sails’ is about offshore wind energy and provides a detailed analysis of the sector’s rapidly developing supply chain. A growing industry with huge potential and massive developer interest, offshore is nonetheless facing a possible financing gap and an inadequate power grid. Questions answered in the report include; How much capacity is currently installed? Will there be enough turbines, foundations, cables, ships and ports. How much is under construction, consented and in government concession zones? How will the sector develop in the next few years? (November 2011)

Transcript of Wind in our Sails - The coming of Europe's offshore wind energy industry

Page 1: Wind in our Sails - The coming of Europe's offshore wind energy industry

Wind in our SailsThe coming of Europe’s offshore wind energy industry

Page 2: Wind in our Sails - The coming of Europe's offshore wind energy industry

The coming of Europe’s offshore wind energy industry

Page 3: Wind in our Sails - The coming of Europe's offshore wind energy industry

Cumulative offshore wind capacity EU and non EU (1991 - 2010)

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1,000

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2,000

2,500

3,000

3,500(MW)

Cumulative non EU

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 102

Cumulative EU

5 5 5 7 12 29 9 2 2 36 86 256 515 605 695 787 1,106

1,479

2,063

2,946

Source: EWEA

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Annual offshore wind capacity EU and non EU (1991 - 2010)

Annualnon EU 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 102

Annual EU

5 0 0 2 5 17 0 3 0 4 51 170 259 90 90 3 318 374 584 883

(MW)

Source: EWEA

Page 5: Wind in our Sails - The coming of Europe's offshore wind energy industry

United Kingdom 52%

(458 MW)

Denmark 23%(207 MW)

Belgium 19%(165 MW)

Germany 6%(50 MW)

Finland 0%(2.3 MW)

Share of new installed capacityin Europe in 2010

Source: EWEA

Page 6: Wind in our Sails - The coming of Europe's offshore wind energy industry

Total offshore wind market outlook

Offshore wind energy market in the EU in 2011• Total installed capacity

of 4,000 MW• Meeting 0.4% of total

EU electricity demand• Annual installations of

1,000 MW• Avoiding 9.9 Mt of CO2

annually• Total electricity

production of 14.4 TWh

• Annual investments in wind turbines of €2.8 billion.

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Offshore wind energy market in the EU in 2011

• Total installed capacity of 4,000 MW•Meeting 0.4% of total EU electricity demand• Annual installations of 1,000 MW• Avoiding 9.9 Mt of CO2 annually• Total electricity production of 14.4 TWh• Annual investments in wind turbines of €2.8 billion.

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2011 2012 2013 2014 2015 2016 2017 2018 2019 20200

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Annual offshore wind capacity EU and non EU (1991 - 2010)

(MW)

EWEA

NREAP’s

4 5 8 11 14 17 22 27 33 40

4 6 9 12 16 20 26 31 37 43

Source: EWEA

Page 9: Wind in our Sails - The coming of Europe's offshore wind energy industry

1995 / 2010

1996 / 2011

1997 / 2012

1998 / 2013

1999 / 2014

2000 / 2015

2001 / 2016

2002 / 2017

2003 / 2018

2004 / 2019

2005 / 2020

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45(GW)

Onshore

Offshore

2,5 3,4 4,7 6,4 9,6 12,9 17,2 22,8 28,0 33,8 39,8

2,9 3,9 5,3 8,1 10,9 14,0 17,4 21,6 26,7 33,1 40,0

Historical onshore growth (1995 - 2005) compared to EWEA's offshore projection (2010 - 2020)

Source: EWEA

Page 10: Wind in our Sails - The coming of Europe's offshore wind energy industry

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39.5

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145

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Offshore wind electricity production 2010 - 2020

Source: EWEA

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Offshore wind energy marketin the EU in 2020

• Total installed capacity of 40,000 MW• Meeting 4.2% of total EU electricity

demand• Annual installations of 6,900 MW• Avoiding 102 Mt of CO2 annually• Total electricity production of 148 TWh• Annual investments in offshore wind

turbines of €10.4 billion• Cumulative investments in offshore

wind turbines of €65.9 billion in the period 2011 - 2020.

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Offshore wind energy market in the EU in 2030

• Total installed capacity of 150,000 MW

• Annual installations of 13,700 MW• Total electricity production of 562

TWh• Meeting 13.9% of total EU

electricity demand• Avoiding 315 Mt of CO2 in 2030• Annual investments in offshore

wind turbines of €17 billion in 2030• Cumulative investments of €145.2

billion from 2021 to 2030

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462 489 514 534 550 562 571 579 586 591

177209

244281

322366 412 461 511 562

(TWh)

Onshore and offshore wind electricity production 2021 - 2030

Source: EWEA

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A fluid supply chain

Wind turbineManuf-acturers

Structuralfabricators

Electricalsuppliers

Marinecontractors

Cablesuppliers

Cableinstallers

EPCIcontractors

Portoperators

Exampleincumbents

Siemens,Vestas,REpower,Areva

SIF,Smulders,Bladt, EEW,Weserwind,BiFAB, Aker

ABB,SiemensEnergy,Alstom Grid

A2Sea,MPI, SHL,Geosea

Nexans,Prysmian,ABB NKT,Scanrope

Technip,CT Offshore,GlobalMarine,Visser&Smit

Fluor,Van Oord,ABJV, MTHojgaard,DEME

Various

Examplenewentrants

BARD, GE,Doosan,Gamesa,Alstom,Nordex,Mitsubishi

H&W,TAG, Tata,Hereema,ZPMC,Shinan,Fabricom

C&G Fred Olsen,Beluga,Inwind,GOAH,Sea Jacks

DRAKA,JDR

Beluga Hochtief,Saipem,Technip,Subsea7

Various

Level 1

Level 2

Level 3 Legend:Ticks and crosses representlikelihood of positioningat relevant Level in thecontractual hierarchy:

Likely Possible Unlikely

Source: GL Garrad Hassan

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2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 20200

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4,000

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Total (pessimistic) Total (central) Total (optimistic) Firm capacity

Supply and demand for offshore wind turbine technology in Europe

Demand (EWEA)

(TWh)

Source: GL Garrad Hassan

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120%

10%

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Monopile Grafity-based structure Space-frame

Historic offshore wind turbinefoundation market share (by year)

Source: GL Garrad Hassan

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Analysis of supply and demand for HV subsea cables

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 20200

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Demand

2014 20192013 201720162015 20202012

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Source: GL Garrad Hassan

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Projected offshore installation vessel supply and demand (vessels per annum)

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40Main installation vessels (offshore wind)

Demand - repair

Demand - foundations

Demand - turbines

Supply – firm capacity

Supply – low case

Supply – mid case

Supply – high case

Source: GL Garrad Hassan

2014 20192013 201720162015 20202012

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Example of European ports for offshore wind construction

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About the European Wind Energy Association

EWEA is the voice of the wind industry, actively promoting wind power in Europe and worldwide. It has over 700 members from almost 60 countries making EWEA the world's largest and most powerful wind energy network.

Rue d'Arlon 80B-1040 BrusselsBelgiumwww.ewea.org

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To download the pdf version click here

If you want to see more statistics, reports, news and information about wind energy event please visit EWEA’s website www.ewea.org or contact us at [email protected]