Distinguished Industry Experts：
Global offshore wind power capacity additions are expected to reach 129GW in the next decade with a compounded annual growth rate (CAGR) of 26%, according to Wood Mackenzie Power and Renewables Research as of Q2 2019. The Asia Pacific region will be a key contributor with 45GW, more than one third of the global total. We see great potential in offshore wind development against the backdrop of favorable government incentives and market conditions. At the same time, some growing pains are ahead for major offshore markets in the region.
China is ramping up the scale of offshore projects near demand centers, even as the onshore market is expected to peak in the next few years. Intense pressure to reduce costs to reach the goal of grid parity with coal by 2020 for onshore units is also flowing over to offshore market as it scales, and presents both challenges and opportunities for developers.
Taiwan region will see a gap of 5 GW in power capacity by 2025 as the government plans to shut down nuclear plants. Offshore wind is poised to fill this gap as more than 5.7 GW of projects have been approved and planned for commissioning by 2025. A relatively stable regulatory regime, a supportive government, and openness to foreign investment are supporting the future growth.
However, not every market will be able to set and realize ambitious offshore targets. A mature domestic offshore supply chain and strong government support are needed to sustain growth in the long term in each market. South Korea and Japan have significant potential, needing around US$37 billion in investment to planned offshore wind capacity over the next five years, but challenges remain.
Developing the offshore supply chain will take time and requires more R&D, demonstration units, and establishing developer buy-in. All this requires government commitment and market scale. Current regional offshore technology leader China still lags behind Europe, and turbine suppliers in Korea and Japan developing larger machines still have a long way to go. Many related areas need to be developed including maritime infrastructure, local vessel fleets, transmission system upgrades.
We joined Offshore Wind Asia last year and it is an excellent platform for industry networking and to better understand future trends. At the event we met many key offshore players who shared their insights from financial investment to project development, from component suppliers to O&M. We also met local government officials who shared outlooks on national offshore project planning, and also talked to key developers such as SPIC, China Three Gorges Corporation and Equinor.
This year, it is a great pleasure and honor to be invited by the OWA organizer again as a support partner and to share our new research on the offshore market outlook. We are excited to be part of the discussion as the Asia Pacific offshore wind industry continues to expand and evolve.
We wish the event great success!
APAC Research Director Wood Mackenzie Power and Renewables
Presentation of Your rich experience, great insights, new solution for offshore wind project owners, during the unique 25 minutes to catch all the audiences’ attention (Decision makers and budget holders).» Register！
Brainstorming with the other industry peers on the stage to show your experience and exchange the ideas. Networking and deliver your message in a relaxing and professional environment.» Register！
A stronghold in the event. Showcase your cutting edge solutions to offshore wind decision makers via exhibition and on-site demos.» Register！
OWA2018 will use Jublia 1-1 interview software at the conference site. In order to facilitate better offline communication, we will take an online appointment and enter the name of each company, the names of the participants and the positions into the system. You can make an online appointment in advance to reduce the cost ofoffline communication. For all attendees, you can choose Jublia 1-1 online networking appointment!» Register！
A unique feature of a BEED event and guarantees heightened networking for all participants. Delegates meet each other for a short time, and then proceed to form meaningful conference and business relationships.» Register！
Deliver A 5 minutes speech or video during the coffee breaks or lunch time in the networking area outside of the conference ballroom. Promote your brand to all the participants beside of your exhibition booth.» Register！
2019 Offshore Wind Asia Summit CEO closed-door forum will invite 15 high-level decision makers who are from the government, association, offshore wind project owners, EPC Contractor, Planning &Design Company etc. There is no media, no audience throughout the forum, which is the industry's top CEO best platform for high-end private brainstorming. Seats are limited, please sign up as soon as possible.» Register！
The project match-making forum is an ideal occasion for project owners, investors and potential partners to host one-on-one discussion for potential cooperation to kick-start the development of offshore wind projects.» Register！
APAC Research Director
Wood Mackenzie Power and Renewables
丹麦驻上海总领事馆Invest in Denmark, Danish Ministry of Foreign Affairs
Senior Vice President
Regional Manager APAC
Offshore Wind Project, & Construction Manager
Associate Director - Renewable
CLP Holdings Ltd
New Power Partner
VP International Business
OWA2018 will be based on the most detailed enterprise data, the most authentic online voting, the most professional organizing committee review, to select the 2018 offshore wind excellent enterprises.
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