Bianca Sarbu’s Post

Hi Darren, thanks for sharing. Like many, SIF comes to this with an agenda, I am sure they would want to hold WTG sizes to max out sites on monopiles, which is their product. But it does not make them wrong. If you look at a range of arguments, it could make sense. 1. 🛠 Supply chain scaling and industrialising. So taking the SIF example, being able to double down on major investments in the comefort that, baring small investments, it can produce relevant product for a prolonged period of time. This brings more confidence to build capacity, but also allows you to refine manufacturing processes and innovate. This will bring costs down. 2. ⚓ Vessels. We need investors in this segment to have more confidence that the significant investment they make has a decent commercial lifecycle in the CapEx phase. If WTG sizes keep growing we will ALWAYS be short of optimal vessels. 3. 🌬 The WTGs themselves. OEMs are losing money, time to market is absolute key for all new larger platforms. I question the focus on world class reliability engineering when budgets are tight and time to market is make or brake. So we will see increasing serial defects. That will be fun on floating giga projects... #energyandoceans

A very hot topic indeed. Is bigger better? The answer could be argued as ‘yes’ at the current assumptions of project development and construction. However, what’s the value in generating first power, one month, six months, or dare I suggest it, one year earlier due to cookie cutter output? Would is reduce the increased costs in vessels, the fabrication yards, and importantly the risk and the cost of the lending? Would holding fire make a difference? Maybe? Maybe not. It feels like there’s something in this, at least, Sif Group think so. Interested to see what some industry experts in the WTG space and those with knock-on outputs, and those with broad perspectives think: José Luis Morales Sorribas Joseph Hilton John MacAskill Jens Kalin

This is not just one of the hottest topics in #offshorewind right now but one of the most serious challenges facing the industry. This opinion by Sif Group details a real life example of suboptimal use of capital deployment, and points out the inefficiencies, delays and diminishing returns associated with continuing to push for larger and larger turbines. What is your opinion? What is your solution? I would love to hear from you.

Our goal is well known: Fraport will no longer produce any CO2 emissions at #frankfurtairport by 2045. In order to achieve this, we’re relying on green energy, which is why we signed a Corporate Power Purchase Agreement with EnBW at the end of 2021. This will allow us to acquire energy from the "He Dreiht" wind farm in the German North Sea from the second half of 2026 onwards. If you would like to find out more about the development of the offshore wind farm and its key figures and data, we recommend you take a look at this page from our partner EnBW: https://lnkd.in/eXC8nSVb  #GettingGreener #DestinationNetZero #sustainability #FraportConnects #fraport

Our recent case study on Europe's offshore wind expansion highlights the crucial role of service operation vessels (SOVs). As auctions gain momentum, companies like North Star secure significant financing to expand their fleets, ensuring efficient and cost-effective wind farm installation and maintenance.   Want to read more? Download the case study here: https://lnkd.in/esyKvJwt   #IJGlobal #OffshoreWind #RenewablesFinancing #CaseStudy

🔇Could 'silent mode' make offshore wind even more environmentally friendly?🔇 This pioneering new technology aims to minimise noise disruption during the installation of monopiles at offshore wind farms. Although the end product is clean energy, the installation phase of offshore wind farms can sometimes disturb marine life due to the noise created when driving monopiles into the seabed. This new technology aims to capture and contain vibrations, minimising noise disruption and making installations more efficient. Incorporating ecological programmes at an early stage of wind farm planning could lead to further innovations that reduce or minimise the impact of offshore works on marine life. https://lnkd.in/ee3CU_P9 #offshorewind #monopileinstallation #renewables #ecologicalplanning #windfarm

It may feel like a quiet summer in the #offshorewindindustry but actually there was some quite interesting news on July 12th from the #Bundesnetzagentur when revealing the results of the auction for OffShoreWind marine concessions for 7 GW in Baltic and North Sea. The winners are #bp and #totalenergies. Their respective engagement in the development of renewable electricity in Europe is well known and therefore their participation in the auction was expected. What was less expected was, that the two O&G majors would be the sole winners of this massive bid. What does this tell us? There is quite a shift in the ecosystem of OffShoreWind development. O&G companies have the financial muscle to invest record amounts in renewable energy(€12,6bn for concessions is unprecedented) and they demonstrate it. Eventually, the high price for concessions achieved by #Bundesnetzagentur through the auction can have a negative effect, as these cost will most probably need to be passed to end consumer in form of higher electricity price, a rather unpopular measure in Germany. Nevertheless, the overarching positive news is: OffShoreWind remains an attractive playground for companies looking for a good balance between decarbonisation and return on investment. Good for people, planet and profit. As said not a quiet summer after all ... but let’s look at it from the bright side in the end 😊 #offshorewind #energiewende #energytransition https://lnkd.in/en8fbF5u

#Avangrid, a subsidiary of the Iberdrola Group, has started #installation of the #windturbines for the Vineyard Wind 1 project 30 miles #offshore Cape Cod, #NewEngland. Read more at https://lnkd.in/dwkpQEGD. #offshorewind #iberdrola #renewableenergy #vineyardwind #offshoremagazine #endeavorbusinessmedia

The Dutch utility company, Eneco, together with its partner Equinor, has pulled out of the offshore wind tender for the IJmuiden Ver Wind Zone in the Netherlands, saying that due to deteriorated market conditions, the current (Dutch) approach to offshore wind is not future-proof. The conditions that Eneco mentions in its five-page white paper include high-interest rates, high material costs, and an uncertain electricity market. #offshorewind #newapproach #electricity https://lnkd.in/dX-Mq4eT