Maersk Supply Service’s Post

For those who want to know more about the floating wind turbines! #eolicaoffshore #descarbonização #oleoegas #eolicaflutuante #energiarenovavel #hidrogenio #sustentabilidade

Collaboration and information sharing is key to the future of our global offshore wind industry! We need to change our execution approach and include supply chain as early as the concept phase. Pick your teams early even before the EPCI company does. Continuous improvement phase is where we need to be for industrialization and we don’t get there by beating up supply chain. Typical O&G contracting methodologies don’t even work for 1 offs and definitely not industrialization at scale where climate change is the common goal.

Interesting piece by McKinsey & Company analysing the past, present and future of Offshore Wind. Amid recent headwinds, McKinsey is seeing the emergence of a group of “hero” developers who will lead global growth for Offshore Wind by making market bets, considering consolidation, maximising efficiency and establishing strategic supply chain collaborations. In particular, I found the following insights helpful: “In October and November of 2023, there were signs of significantly increased CfD prices in both the United Kingdom and the United States. The New York October 2023 CfD tender was approximately 50 percent higher than recently seen, while the UK AR6 auction criteria saw an offtake ceiling approximately 66 percent higher than that of AR5. 2024 will be a crucial year for the industry, with almost 70 GW of project capacity expected to be tendered globally, approximately three times the volume of 2023.” As they say, when the going gets tough, the tough gets going :)

Are you interested in learning about Floating Offshore Wind but don't know where to start? Check out our 'Guide to a Floating Offshore Wind Farm' which gives you a great overview of the industry and technology involved! #floatingwind #floatingoffshorewind #renewables

What’s next for offshore wind? Global offshore wind commissioned capacity increased from 3 GW in 2010 to around 66 GW in 2023, with costs dropping by 60 percent due to competition, low interest rates, and technology development and industrialization. McKinsey's latest report explores future scenarios based on insights from industry leader, that could affect the outlook of the industry. Read more at the link below ⬇️ #OffshoreWind #RenewableEnergy #EnergyTransition

Ørsted is withdrawing from offshore wind energy projects in Norway, according to an announcement from the Norwegian company, Bonheur ASA. Bonheur works with offshore wind energy through its subsidiary, Fred. Olsen Seawind. ”Ørsted have informed us that due to a prioritization of investments in the portfolio, they will withdraw from pursuing participation in offshore wind developments in Norway, and therefore their participation in the partnership will discontinue,” Bonheur writes. In 2021, Ørsted joined a consortium with Fred. Olsen Seawind and Hafslund Eco for the development of offshore wind projects, but this is what the Danish company has now withdrawn from. #shipping #offshore #offshorewind #energytransition #energy

What’s next for offshore wind? Global offshore wind commissioned capacity increased from 3 GW in 2010 to around 66 GW in 2023, with costs dropping by 60 percent due to competition, low interest rates, and technology development and industrialization. McKinsey's latest report explores future scenarios based on insights from industry leader, that could affect the outlook of the industry. Read more at the link below ⬇️ #OffshoreWind #RenewableEnergy #EnergyTransition

What’s next for offshore wind? Global offshore wind commissioned capacity increased from 3 GW in 2010 to around 66 GW in 2023, with costs dropping by 60 percent due to competition, low interest rates, and technology development and industrialization. McKinsey's latest report explores future scenarios based on insights from industry leader, that could affect the outlook of the industry. Read more at the link below ⬇️ #OffshoreWind #RenewableEnergy #EnergyTransition

What’s next for offshore wind? Global offshore wind commissioned capacity increased from 3 GW in 2010 to around 66 GW in 2023, with costs dropping by 60 percent due to competition, low interest rates, and technology development and industrialization. McKinsey's latest report explores future scenarios based on insights from industry leader, that could affect the outlook of the industry. Read more at the link below ⬇️ #OffshoreWind #RenewableEnergy #EnergyTransition

Nice read on the offshore industry and potential scenarios The ‘structurally challenged’ scenario anticipates that developers and regulators cannot solve the current challenges and may gradually prioritize alternative sources of renewable energy that are becoming increasingly cost competitive. In this scenario, there will most likely be a continuation of the pattern of canceled or delayed projects, and frequent market or industry exits. #offshore