Ocean Winds Showcasing UK Offshore Wind Experience - Trade Events

10:00-10:05

Introduction

Janusz Bil

Director, Energy & Renewables Export
British Embassy in Warsaw

Speaker Profile

10:05-10:50

Ocean Winds showcasing UK offshore wind experience

Dan Finch

UK Managing Director
Ocean Winds

Speaker Profile

Mark Baxter

Head of Development OW UK
Ocean Winds

Speaker Profile

10:50 - 11:00

Q&A

Ocean Winds is entrenched in the offshore wind industry in Scotland. In 2009 when we began development of Scotland’s biggest windfarm – 950MW Moray East – we were not simply introducing a new project to the Moray Firth but a new industry to Scotland. We pioneered deeper water working (>50m) and reduced the cost of offshore power by more than 50%. Established in 2010, our UK office in Edinburgh is a global centre of excellence for the industry.

 

The formation of Ocean Winds (“OW”), based in Madrid, is the result of a joint venture between EDP Renewables S.A. (EDPR S.A.) and ENGIE S.A., which took place in 2019. The company is developing offshore wind projects in the pipeline (with a total volume of 6.6 GW) and under operation or construction (with a total volume of 1.5 GW). The aim is to increase the volume of projects in operation or under development to 5-7 GW by 2025, and the volume of projects at an advanced preparatory stage to 5-10 GW.OW’s main markets of focus are Europe, the United States and selected countries in Asia, where the offshore wind industry is expected to grow the most.

Website: www.oceanwinds.com

The Department for International Trade (DIT) promotes British businesses worldwide. DIT is an international trade department, responsible for:

  • Bringing together policy, promotion and financial expertise to break down barriers to trade and investment, and help businesses succeed;
  • Promoting British trade and investment across the world;
  • Building the global appetite for British goods and services.

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DIT is looking to attract inward investors into the UK while at the same time making sure that companies in the UK can export their goods to the wider world.

The UK has a very enviable record in the installation of offshore wind. The UK has been driving this market for a number of years now and is the single largest country with the installed base for offshore wind with over 10 GW of installed capacity in UK waters.

 

UK strengths in clean industries:

  • The UK is the world leader in low carbon and the statement on net zero by 2050  was announced recently. This will act as an accelerant for the transition to low carbon economy.
  • We have made sizeable steps in the decarbonising our electricity – we are world leaders in offshore wind with above 10GW of installed capacity and committed to 40GW by 2030.
  • We have driven the cost reduction in offshore wind as well as in solar – enabling cost competitive renewables across the world.
  • Because of the experience gained from installing large number of wind farms (over 30) we have expertise in operation, maintenance and marine services. The UK has engineering and project management expertise that is essential in the successful delivery of offshore wind farms. 
  • The UK has developed a strong and stable regulatory framework to drive investments in the clean growth sectors.
  • The huge scale of the UK industry has led to a growing and innovating offshore wind supply chain capability across the wind farm life-cycle, from surveys and feasibility, to manufacture and supply, installation, operation and maintenance, and related financial and professional services.

Scottish Development International is Scotland’s trade and foreign direct investment agency.

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Scottish Development International is Scotland’s trade and foreign direct investment agency. Its aim is to encourage more overseas businesses to set up a location here, invest in Scottish businesses or buy Scottish products. We do this by providing information, partnering with businesses and investors who want to set up or invest here, and helping businesses find the connections they need.

We can also help businesses around the world access the huge range of high quality products and services offered in Scotland. Whether you’re looking to import our top-quality products – from whisky and salmon to cutting-edge tech – access our professional services or use our specialised expertise for your project, we can help you find the suppliers you need.