Oceantic Network Releases Expert Insights And Action Plan From Offshore Wind Leadership Summit

Source: www.gulfoilandgas.com 4/8/2024, Location: North America

Oceantic Network released a report based on a gathering of offshore wind industry leaders representing the breadth of the offshore wind industry in November 2023. Durable optimism filled the room as the group met to discuss supply chain barriers and explore pressing industry topics, such as strengthening project viability and turbine growth. The Network’s Leadership 100 Offshore Wind 2024 Action Plan executive summary shares much of the valuable insight gained by L100 Summit attendees with the broader offshore wind industry, which focuses on key steps the Network and industry can take to ensure success in the years ahead. Participants spoke under Chatham House rules and, in addition to predetermined agenda items, participants discussed further topics including transmission and workforce development.

Key findings from the Leadership 100 Summit include:
The potential to foster greater supply chain investments and advancements by both encouraging greater project viability in the procurement structure and decoupling projects from port and transmission infrastructure development.
The need to build a greater understanding of the downstream supply chain costs and increased market risk that comes from continually increasing turbine sizes and lead to less efficient development.
The need for a greater industry-wide collaborative communications strategy to combat misinformation and increase public support for offshore wind.
Data-sharing will strengthen the industry through building public support, reducing pre-development costs, or helping make more environmentally sound regulatory decisions.

“The offshore wind industry is in the middle of an extraordinary transitional period,” said Sam Salustro, vice president of strategic communications at Oceantic Network. “L100 produced critical insights on how the industry can ensure its success into the future by bringing together industry leaders to identify shared hurdles to growth and find concrete ways to address them. The Network is already hard at work implementing new plans based on these new findings, and substantial progress has already been made to strengthen and support the industry – conversations that will continue in two weeks at IPF in New Orleans.”

Attendees brainstormed specific actions to address industry problems, including:

Develop recommendations for improvements to state procurement process
Advance new understandings into the costs and benefits of increasing turbine sizes
Create of a Communications Working Group to coordinate public and policymaker outreach across the industry
Increase collaboration between the Network, industry, and research institutions to optimize and improve industry data

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Lithuania >>  6/17/2024 - In celebration of the Global Wind Day, an international green energy company, Ignitis Renewables, brought together local communities living near wind ...

South Korea >>  6/17/2024 - Offshore wind is poised for truly global growth after 2023 saw the second-highest annual installations as well as key policy developments that set the...
United Kingdom >>  6/17/2024 - A new report published today by RenewableUK shows that global offshore wind operational capacity has increased by 21% over the last 12 months, from 61...

United States >>  6/17/2024 - Argeo is pleased to announce that it has been awarded a contract to carry out the initial site investigation survey for RWE’s Canopy offshore wind pro...
Wales >>  6/17/2024 - A Wales-centred industrial collaboration, led by Swansea-based Marine Power Systems, has been awarded nearly £1 million of innovation funding.


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