Billions to be Invested in  

Offshore Wind Energy

2012.10.18

International offshore wind conference in Denmark gathers the industry to discuss future challenges and meet new business partners

Horns Rev offshore wind park 

International analyses indicate that around € 40 billion will be invested in new offshore wind farms in Europe over the coming 4 years. This money will be on the agenda when Offshore Center Danmark stages the annual international B2B event for the offshore wind industry – OWIB – also known as the Offshore International Business2Business event on November 14 and 15. Players in the offshore sector use the OWIB to build bridges to new partners, and according to the 325 participants’ own calculations, 5,100 contacts were made in a single day at last year’s OWIB event.

Development Manager Morten Holmager from Offshore Center Danmark observes:

“The most recent estimates from international institutes indicate that around € 40 billion is expected to be invested in establishment of wind installations in Europe over the next 4 years. The expertise built up by Danish companies in offshore wind technology through the past 20 years means Denmark’s position remains strong, but it’s also necessary to think across borders to exploit the expertise built up by the sector.  The OWIB is an obvious opportunity for companies and organisations to meet one another in an international forum.”

He adds:

- “With participants from 11 nations, we proved last year that the OWIB is an important meeting place for players in the global offshore wind sector. The OWIB 2012 will build on last year’s success, so we’re ambitious, and we expect a lot of the event. In order to ensure optimum focus on the international market, the OWIB has been organised in collaboration with the organisation Work in Denmark under the Ministry of Foreign Affairs of Denmark.”

Renewable energy is a Danish top priority

The Danish Minister for Trade and Investment, Mrs. Pia Olsen Dyhr, sees OWIB 2012 as a great opportunity for both international and Danish participants:

- “Denmark has the world’s leading offshore wind industry. A position based on Danish knowhow and technology, but also the wide range of international players that have already become part of the Danish wind industry. I hope that this OWIB conference will further increase this number."

- "Sustainable energy is one of the Danish government’s top priorities and by 2020, 50 per cent of the electricity consumption in Denmark will be based on wind energy. This is one of the milestones in the ambitious Danish energy agreement which will make Denmark entirely free of fossil fuels by 2050."

- "Offshore wind energy is a key element to solve the energy challenge that we are facing not only in Denmark, but worldwide. Therefore I am very pleased that Denmark for the sixth year in a row is hosting this international offshore wind energy event, where relevant partners can meet to improve and expand their clean tech activities by sharing knowledge and finding the right cooperation partners.”

Extra day for conference

As in previous years, the OWIB’s concept involves brief, informal meetings between operators, producers, suppliers, energy companies and consultants in the offshore wind industry. Prior to the conference, participants have the chance to inform Offshore Center Danmark of specific companies or people they would like to meet – one might call it a kind of speed dating for business.

Small suppliers have the opportunity to present new products and ideas for potential partners and investors, and producers and energy companies can approach new suppliers or look for joint venture partners across borders.

An extra day has been added to the OWIB 2012. The Danish Wind Industry Association and Esbjerg Business Development Centre present a conference programme focusing on the sector’s future challenges under the heading “The Future Demand of the Offshore Wind Supply Chain.”

Click to read more about OWIB 2012

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Peder Bo Sørensen

Peder Bo Sørensen

+45 2170 5851

pedsor@um.dk

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