Offshore wind energy
Background
China is investing heavily in the energy transition. At the provincial level, the plans for the future are ambitious, plans are being made along the entire coastline to expand offshore wind capacity. For example, the local governments in Jiangsu and Guangdong aim to make more than 30 GW of capacity operational by 2030. In addition, the northern provinces of Shandong and Liaoning are also increasingly interested in offshore wind.
Opportunities for Dutch companies
Investing in high technology is becoming more and more interesting for Chinese developers. From this year on, there will be no more national subsidies to build offshore wind projects. This makes the business case a lot more difficult for developers and investors. In the new era without subsidies, projects will have to be developed more efficiently and with better quality. As a result, the demand for innovative solutions is expected to increase in the coming years. China is looking for specific knowledge and expertise. Dutch companies and knowledge institutes can benefit from this. Attention to the risks (including intellectual property) remains important in this regard.
Please see the following factsheet for more information.
The main opportunities in the offshore wind sector in China are:
• increasing efficiency and improving quality in the installation of offshore wind farms;
• increasing efficiency in operations & maintenance (O&M);
• alternative foundation techniques, such as suction pile foundations, gravity-based foundations and floating wind;
• knowledge and technology to the OEM wind turbine manufacturers in China.
Speakers during the session
Please see here an overview of the speakers during the virtual mission to China.