Post on 13-Apr-2017
transcript
JULY 2016
M A R K E T O V E R V I E W O F F S H O R E W I N D E N E R G Y
I N E U R O P E A S O F Q 2 2 0 1 6
EMIL METSSON
PLANET OS - JULY 2016
Wind energy forms 22% of total renewable energy
PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
PLANET OS - JULY 2016PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
Offshore wind forms 3% of total wind energy
PLANET OS - JULY 2016
Only 5 out of 30 biggest offshore wind farms under development
are operational today
O P P O R T U N I T Y
PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
PLANET OS - JULY 2016PLANET OS - JULY 2016
53 OFFSHORE WIND FARMS ARE IN VARIOUS STAGES OF DEVELOPMENT (MARKED AS RED, EXPECTED TO COME ONLINE 2016-2022)
PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
PLANET OS - JULY 2016PLANET OS - JULY 2016PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
RECORD GROWTH IN 2015
Source: European Wind Energy Association, 2016
+3019 MW (up 108% since 2014)
NEW GRID-CONNECTED CAPACITY
from 754 TURBINES (346 more than 2014)
in 15 FARMS
PLANET OS - JULY 2016
Gwynt Y Môr alone accounted for 19% of all installed capacity in 2015
1 5 N E W W I N D FA R M S I N 2 0 1 5
PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
PLANET OS - JULY 2016
10 projects reach FID* stage, total worth €13.3B, doubled since 2014
I N V E S T M E N T S I N 2 0 1 5
PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
* FID = FINAL INVESTMENT DECISION
PLANET OS - JULY 2016PLANET OS - JULY 2016PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
GLOBAL SOLAR & WIND INVESTMENT TRENDS ($ BILLIONS)
Source: International Renewable Energy Agency, 2016
PLANET OS - JULY 2016PLANET OS - JULY 2016PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
SLOWER GROWTH IN H1 2016
Source: European Wind Energy Association, 2016
+511 MW (down 78% compared to H1 2015)
NEW GRID-CONNECTED CAPACITY
from 114 TURBINES
in 4 wind farms
PLANET OS - JULY 2016
13 wind farms are in advanced stages of development, adding 4.2 GW by June 2017
N E W O F F S H O R E W I N D FA R M S
PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
PLANET OS - JULY 2016
7 projects reach FID* stage, total worth €14B
(€0.7B more than 2015 total)
I N V E S T M E N T S I N H 1 2 0 1 6
PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
* FID = FINAL INVESTMENT DECISION
PLANET OS - JULY 2016
3344 turbines are grid-connected with a combined capacity 11 538 MW
E U R O P E = B I G G E S T I N S TA L L E D C A PA C I T Y
PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
PLANET OS - JULY 2016
All 114 new offshore turbines were supplied by Siemens
O F F S H O R E T U R B I N E M A R K E T H 1 2 0 1 6
PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
PLANET OS - JULY 2016
The average turbine size is 4.8 MW, 15% larger than in 2015
O F F S H O R E T U R B I N E M A R K E T H 1 2 0 1 6
PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
PLANET OS - JULY 2016PLANET OS - JULY 2016PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
SIEMENS TURBINES DOMINATE THE MARKET (BY INSTALLED CAPACITY)
Other 1%
BARD 4%
Adwen 6%
Senvion 7%
Vestas 19% Siemens
64%
PLANET OS - JULY 2016PLANET OS - JULY 2016PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
TURBINE MANUFACTURERS’ MARKET SHARE (NET ANNUAL INSTALLATIONS 2015 vs TOTAL)
Siemens Adwen Vestas
Senvion
476 110 129 44
MW
1,816 550 391 270
# of turbines6,900 635
2,040 830
2,059 127 750 140
MW# of turbines2015 Cumulative
PLANET OS - JULY 2016PLANET OS - JULY 2016PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
DEVELOPERS/OWNERS MARKET SHARE (BY CUMULATIVE INSTALLED CAPACITY)
Other41%
Blackstone3% GIB
3% SSE3%Ocean Breeze
4%
SWM4%
Vattenfall9%
RWE9%
E.ON9%
DONG16%
PLANET OS - JULY 2016PLANET OS - JULY 2016PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
TOP 5 WIND FARM DEVELOPERS/OWNERS
DONG E.ON
Vattenfall RWE
Stadtwerke München
595 540 452 457 320
# of farms
12 9 9 6 3
# of turbines
All others 1253
PLANET OS - JULY 2016PLANET OS - JULY 2016PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
TOP 5 WIND FARM DEVELOPERS/OWNERS
DONG E.ON
Vattenfall RWE
Stadtwerke München
15.6% 9.6% 8.9% 6.4% 3.8%
2015
7.8% 17.1% 4.9%
11.4% 9.5%
Cumulative
(% OF TOTAL INSTALLED CAPACITY)
PLANET OS - JULY 2016PLANET OS - JULY 2016PLANET OS - JULY 2016 - OFFSHORE WIND MARKET Q2 2016
DOGGER BANK ZONELARGEST PROJECT UNDER DEVELOPMENT
(Forewind Limited = SSE, Statkraft, Statoil, RWE)
Creyke Beck 2 phases - A & B
2400 MW 400 turbines
8TWh per annum
Teesside 2 phases - A & B
2400 MW 400 turbines
8TWh per annum
+