Executive Conference

PowerClimate/Environment/Sustainability

Offshore Wind: The new frontier

Thursday, March 14

07:30 am - 08:45 am

Offshore wind costs are falling in Europe, and earlier this year developers announced astonishingly low prices in the United States and Taiwan. Many countries across Asia, Europe, and North America are betting big that offshore wind can help green their power sector. At the same time, resources are being invested in floating offshore wind technologies, with the aim of unlocking a significant capacity potential in Europe, Japan, and the United States. As a result, the global offshore wind market is set to install over 430 GW of new capacity by 2050, over 80% of it in just six markets, requiring investments over US$ 1 trillion. However, as project complexity and competition from other renewables sources continue to increase, technology advances, supply chain consolidation, standardization, and the ability to leverage best practices from other sectors will be key for the success of this industry.

Session Speakers
  • Eduard Sala de Vedruna

    IHS Markit

    Executive Director, Global Power & Renewables, Energy

  • Philippe Kavafyan

    MHI Vestas Offshore Wind

    Chief Executive Officer

  • Christer Af Geijerstam

    Equinor

    President, US Offshore Wind

  • Francis O'Sullivan

    Lincoln Clean Energy (LCE)

    Senior Vice President, Strategy