FWP 2017 l Pierre TARDIEU, Wind Europe Comparing and contrasting feedback from international projects

1. windeurope.org windeurope.org
FLOATING OFFSHORE WIND
Pierre Tardieu
Chief Policy Officer, WindEurope
September 2017

2. 1.
FLOATING
OFFSHORE WIND IN
THE WORLD

3. World’s floating offshore wind
projects

4. World’s floating offshore wind
projects
0 2 000 4 000 6 000 8 000 10 000
Online
Planned
Under consenting
procedures
Under construction
Asia Europe US
49 MW
2,600 MW
8,855 MW
56 MW

5. Outlook to 2020
0
20
40
60
80
100
120
140
2009 2013 2015 2016 2017 2018 2019 2020
US Europe Asia

6. A reminder of the potential
Country/Region
Share of offshore wind
resource in +60m depth
Poten>al for floa>ng
wind capacity
Europe 80% 4,000 GW
USA 60% 2,450 GW
Japan 80% 500 GW
Taiwan - 90 GW
Source: Carbon Trust, MOFA

7. 2.
FLOATING
OFFSHORE WIND IN
EUROPE

8. Europe’s floating
offshore wind projects
10 floaNng wind projects
350 MW of installed
capacity by 2021

9. A reminder of the potential
Source: EMODNET
0-50
50-150
150-450

10. 3.
FLOATING
OFFSHORE WIND

11. Commercialisation
around the corner
Image: NavanNa

12. 4
5
6
7
8
9
20092010 2011 201220132014201520162017201820192020202120222023
TRL
Projected TRL of floating concepts
Semi-sub Spar TLP Barge
No longer an R&D exercise
Source: The Crown Estate and WindEurope

13. The cost reduction pathway
Source: IEA Wind
[VALUE]
[VALUE]
[VALUE]
-50%
-60%
-50%
-40%
-30%
-20%
-10%
0%
10%
2015 2020 2030 2040 2050
Median LCOE Cost Reduction Scenario
Onshore Bottom-Fixed
Offshore Wind
Floating
Offshore Wind
Floating
Expert Group

14. Floating complements
bottom-fixed
Image: WindFloat
• Iden>cal components outside of
plaLorm and mooring,
• Similar economies of scale,
• Opportuni>es to take advantage of
explored sites deemed non-viable
for boTom fixed.

15. 0
500
1 000
1 500
2 000
2 500
3 000
3 500
4 000
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
AnnualInstalledCapacity(MW)
UNITED KINGDOM GERMANY
BELGIUM DENMARK
FRANCE NETHERLANDS
Missing capacity to reach the 4GW target
Source: WindEurope
Floating Wind means more offshore wind
Market outlook to 2030
Min target
4GW/year

16. 0
500
1 000
1 500
2 000
2 500
3 000
3 500
4 000
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
AnnualInstalledCapacity(MW)
UNITED KINGDOM GERMANY
BELGIUM DENMARK
FRANCE NETHERLANDS
Missing capacity to reach the 4GW target
Source: WindEurope
Min target
4GW/year
Your project here!
Floating Wind means more offshore wind
Market outlook to 2030

17. 4.
EUROPEAN
LEADERSHIP NEEDS
EARLY ACTION

18. Our floating offshore wind
task force
Image: Statoil

19. European leaders in
floating offshore wind

20. 20

21. Thank you!
Pierre.Tardieu@windeurope.org
WindEurope, Rue d’Arlon 80
1040 Brussels, Belgium
windeurope.org
WindEurope, Rue d’Arlon 80
1040 Brussels, Belgium
windeurope.org