• CERAWeek
  • March 18 - 22, 2024

Philippe Kavafyan

Aker Offshore Wind

Chief Executive Officer

Philippe Kavafyan is the Chief Executive Officer of Aker Offshore Wind. Mr. Kavafyan’s career spans more than 30 years and he brings over 15 years of experience from the onshore and offshore wind energy sector. He was most recently CEO of MHI Vestas Offshore Wind. He also has experience in power generation from Electricité de France, General Electric and Areva. Kavafyan is a graduate from Ecole Polytechnique and holds a Master’s Degree in Robotics and Industrial Management from Ecole Nationale Supérieure des Mines in Paris, France.

Sessions With Philippe Kavafyan

Thursday, 14 March

  • 07:30am - 08:45am (CST) / -

    Offshore Wind: The new frontier

    Panel Power Climate/Environment/Sustainability

    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.