NewEnergyNews: TODAY’S STUDY: Bringing On Offshore Wind/

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
  • Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    Monday, July 01, 2019

    TODAY’S STUDY: Bringing On Offshore Wind

    Leadership 100 Work Plan For Offshore Wind

    June 2019 (Business Network for Offshore Wind)

    EXECUTIVE SUMMARY:

    LEADERSHIP 100 The Business Network for Offshore Wind (Network) gathered 85 US offshore wind supply chain leaders under a new initiative called, Leadership 100. The purpose was to explore how we can develop collaborative solutions to supply chain bottlenecks and capacity issues, advance efficient offshore wind electricity delivery and grid integration approaches, ensure efficient, consistent and clarity in the regulatory process, and to better manage environmental and human concerns. Participants included developers, turbine manufacturers, Tier 1 suppliers, and government officials.

    US MARKET OVERVIEW

    In January 2019, New York announced more than a threefold increase in their commitment to support the development of offshore wind from 2,400 MW to 9,000MW. This jolted the U.S. market with a 64% increase in market size. The global offshore wind industry is moving forward and seizing the opportunities provided by State polices from Massachusetts to Virginia, the US is on track to create a US offshore wind energy marketplace that will exceed 10GWs by 2030.

    The US Offshore Wind market currently stands at 16,970 MWs and is a subset of the total US leased wind energy areas (WEA) potential generation capacity of 21,000 MWs. The market is defined as the amount of offshore wind electricity that could be supported by a state-supported financial mechanism. In the US these financial mechanisms are usually either a power purchase agreement (PPA) or an offshore renewable energy credit (OREC).

    1800MWs Installed by 2023

    To date, six commercial-scale projects and two demonstration projects comprise the US offshore wind project pipeline, which totals close to 1,800MWs. These seven projects have received a state-supported financial mechanism—either a PPA or OREC. Developers emphasize that all seven projects will be constructed, installed and operating by 2023.

    Activity in 2019

    In May 2019, New York is expected to announce the winner(s) of its first 800 MW RFP and in July, New Jersey intends to announce the winner(s) of its 1,100 MW competitive process. These two states will add an additional 1,900MWs to the project pipeline bringing the US offshore wind project pipeline to almost 4,000 MWs. Massachusetts will release its second RFP for at least 800MWs no later than June 30, 2019 and so the US offshore wind market continues to grow.

    Market Development Challenges & Barriers

    With large scale commercial offshore wind projects on the East Coast expected to be financed, under construction and built by 2030, there are multiple issues facing the industry. These include:

    Uncertainty. Uncertainty within the supply chain still exists despite the policy announcements, goals and commitments. State and federal permitting requirements and challenges to the permitting, add a layer of uncertainty for the supply chain considering investments.

    Cost Reduction. Costs and focusing on reducing costs before the industry has even gotten off the ground will discourage businesses from entering into the market. Prices reductions in Europe relied heavily on the supply chain, but the supply chain was mature. The US supply chain is in its infancy. Further, the industry faces import tariffs and quotas – at time the Investment Tax Credit (ITC) is being phased out – add complexity

    Resource Limitations. It is unclear if the US has enough resources to build the present and growing pipeline and if the required sufficient specialist workers exist. Ports are also limited in their capabilities which has a direct bearing on the choice, design and investment in vessels. Offshore wind is a global market and the supply chain is global. US projects along with their supply chains are competing against Asia and Europe and other emerging markets for resources.

    Competition. State competition is helping to quickly develop the market. However, more state coordination and cooperation is needed. As the industry matures, companies cannot build factories and operations in every state and a better understanding of the State’s assets along with specific needs would help the industry grow so there could be a focus for each state.

    The following work plan is a course of actions for industry and for supporting organizations such as the Business Network for Offshore Wind and others, as well as engaging with state and federal governments, to implement during the next 12-18 month period. It identifies the most pressing needs of the industry, and offers collaborative solutions and actions to resolve these problems. It utilizes best practices from other industries and prioritizes the initiatives.

    The Network will shepherd this work plan forward, including advancing activities directly and initiating and supporting partners’ efforts where activities fall outside of the Network’s scope.

    A summary of the inaugural Leadership 100 meeting discussion is included as Appendix A. The meeting agenda is included as Appendix B. During the meeting, participants identified interest in leading or participating in small group activities to drive each theme forward. Their participation is noted in Appendix C. Additional meeting materials including brief topic presentations, polling data, and a meeting summary will be available at www.offshorewindus.org/L100

    The Network is eager to continue growing support and catalyzing activities in each area. We encourage experienced developers to suppliers to share best practices from other developing markets, i.e. Taiwan. Additional interest in supporting or leading components of this work plan can be directed to LizBurdock@offshorewindus.org

    LEADERSHIP 100 ANNUAL INDUSTRY WORK PLAN

    The Leadership 100 Annual Industry Work Plan1 is based on the inaugural Leadership 100 discussion (Appendix A). It is a course of action for industry, supporting organizations such as the Business Network for Offshore Wind, and government(s), to implement during the next 12-18 month period. It offers collaborative solutions, utilizes best practices, and prioritizes initiatives related to:

    • Supply Chain Capacity & Bottlenecks

    • Offshore Wind Electricity Delivery And Grid Integration

    • Ensuring Efficiency, Consistency and Clarity in the Regulatory Process

    • Managing Key Environmental & Human Use Concerns

    During the discussion, three activities emerged as the most important items to advance the industry:

    1. Develop An Industry Road Map

    2. Advance the Grid and Transmission Debate

    3. Launch A Public Engagement Campaign

    PRIORITY AREA ONE: INDUSTRY ROAD MAP…PRIORITY AREA TWO – GRID AND TRANSMISSION…PRIORITY AREA THREE – PUBLIC ENGAGEMENT…ADDITIONAL AREAS OF INTEREST…IMPLEMENTATION AND FUNDING…

    0 Comments:

    Post a Comment

    << Home