"2024 Autumn Wind Power Conference: Chairman Sang-Il Lee Expresses Hope for Large-Scale Offshore Wind Projects in This Year's Bidding" Chairman Sang-Il Lee of the Korea Wind Energy Society emphasized the importance of strengthening the domestic wind energy supply chain during the ‘2024 Autumn Conference.’ He argued that large-scale offshore wind projects, ranging from 400 to 500 MW, are essential for this purpose. Such projects, he explained, would serve as a foundation for establishing a domestic supply chain and reducing capital expenditures (CAPEX). The conference highlighted key themes such as floating offshore wind power and publicly-led offshore wind projects, with numerous papers presented on these topics. In particular, publicly-led projects were identified as a pathway to address challenges related to community acceptance and site planning, offering a strategic direction for the growth of the domestic wind energy market. Chairman Lee stated that the society would take the lead in unifying the perspectives of industry, academia, research institutions, and government to represent a collective voice and address challenges faced by the sector.
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MEO Group and Taihan Cable & Solution have recently solidified their commitment to the offshore wind sector by signing a Memorandum of Understanding. This collaboration signifies a proactive approach to enhancing supply chains and fostering innovation within offshore wind infrastructure. Such partnerships are crucial as we aim to expand renewable energy solutions to meet increasing global demands. In the context of the offshore wind industry, the growing focus on developing robust, integrated supply chains is more important than ever. With advancements in technology and a shift towards sustainable energy, collaboration among global players will help drive innovation and efficiency. As noted in a report by the Global Wind Energy Council, offshore wind capacity could increase to over 200 GW by 2030. Such ambitious objectives require strategic alliances, like the one between MEO Group and Taihan, to bring project visions to life smoothly and effectively. We invite industry professionals to share their thoughts on strategic partnerships within offshore wind. How do you see collaborations shaping the future of our industry? 🌊🔗 Let's engage in a discussion on how we can collectively drive progress and embrace new opportunities in offshore wind energy. You can read the full article here: https://lnkd.in/eSeMpArx
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NREL Report Boosts Offshore Wind Potential in the #Gulf of #Mexico The National Renewable Energy Laboratory (#NREL) has released a pivotal report aimed at enhancing offshore wind transmission planning in the Gulf of Mexico. With the region holding 37% of the nation’s offshore wind energy potential, how can this clean energy source benefit states like Florida, Alabama, Mississippi, Louisiana, and Texas? The report emphasizes the necessity of coordinated transmission planning to effectively connect offshore wind resources to land-based customers. What challenges and opportunities lie ahead for this ambitious project? Key findings highlight the importance of addressing multiple ocean site uses, repurposing existing energy infrastructure, and fostering collaboration among diverse stakeholders. Are we ready to embrace a cleaner, more #sustainable #energy future in the Gulf? For more details, visit: https://lnkd.in/d9W4YcsR. For more such insights follow SustainableX Lokesh Bohra
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This leaves no doubt that California's plan and goal is to be nuclear-free, fossil-fuel-free, and bioenergy-free, and instead run on 100% Wind-Water-Solar for electricity 24/7 by 2035 California ISO recommends 26 transmission projects for 85 GW new WWS capacity by 2035: 38 GW PV 4.7 GW offshore wind 3 GW onshore wind 5.6 GW out-state wind 21 GW geothermal +batteries
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The U.S. Department of Energy (DOE) released findings from the Atlantic Offshore Wind Transmission Study, a two-year study evaluating transmission options to support offshore wind energy deployment along the Atlantic Coast of the United States. #OffshoreWind #DOE #EnergyDeployment
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The U.S. Department of Energy (DOE) released findings from the Atlantic Offshore Wind Transmission Study, a two-year study evaluating transmission options to support offshore wind energy deployment along the Atlantic Coast of the United States. #OffshoreWind #DOE #EnergyDeployment
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US Offshore Wind Sector Targets 14 GW by 2030, Aims for 40 GW by 2035 #RenewableEnergy #GreenEconomy #Energy #EnergyTransition https://lnkd.in/gtrD8WCt
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Belgium’s Ministry of Energy has launched a tender to develop 700 MW of offshore wind in the Princess Elisabeth Zone 1 (Lot 1). This is the first of several tenders planned to add a massive 3.5 GW of new offshore wind capacity by 2028. Key milestones: 🗓️ Tender deadline: July-August 2025 📢 Results: December 2025 ⚡ Commissioning: End of 2028 Supported by a €682m scheme approved by the European Commission, this project underscores Belgium's commitment to renewable energy leadership, building on its existing 2.3 GW of offshore wind capacity. 🌬️ How will this impact Europe's offshore wind ambitions? Belgium launches 700 MW offshore wind tender in the North Sea: https://lnkd.in/divr9K48 #OffshoreWind #Belgium #Renewables #Sustainability #GreenEnergy #EnergyTransition
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The U.S. offshore wind energy industry made substantial progress in 2023, marked by the delivery of the nation's first commercial-scale offshore wind power and increased investments in infrastructure. Read the full article here: https://hubs.ly/Q02M8SqZ0 #OffshoreWind #USA
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The U.S. Department of Energy (DOE) released findings from the Atlantic Offshore Wind Transmission Study, a two-year study evaluating transmission options to support offshore wind energy deployment along the Atlantic Coast of the United States. #OffshoreWind #DOE #EnergyDeployment
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According to the Department of Energy [1], offshore wind resources are abundant, strong, and consistent. Data suggests there are more than 4,000 gigawatts (GW) of capacity, or 13,500 terawatt hours (TWh) of generation, per year in federal waters of the United States and the Great Lakes. This represents a substantial opportunity to generate electricity near coastal, high-density population centers. (1. [https://lnkd.in/dvJqdM7A)) The global offshore wind power market size was valued at USD 55000 million in 2023 and is expected to expand at a CAGR of 15.57% during the forecast period, reaching USD 131000 million by 2031. This significant growth is driven by factors such as increasing demand for clean energy, rising government support, and technological advancements. (2. [https://lnkd.in/dWQKZASA))
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