Comprehensive market intelligence
In addition to comprehensive, global coverage of the offshore wind power market, ODS-Petrodata offers a suite of products and services focusing on construction vessels; offshore rigs; offshore support vessels; seismic vessels; offshore wells; offshore field development activity and more. With offices in North America, Europe, Asia and the Middle East, ODS-Petrodata is also uniquely positioned to support the offshore oil and gas industry's market intelligence needs with customized consulting and research services.
The Offshore Renewables Newswire
Our online newsfeed and alert service is updated every working day as the news happens. We give subscribers a competitive edge through:
Highly relevant content. Coverage includes equipment supply and offshore construction tenders from pre-qualification to award; early project plans; future infrastructure requirements; construction vessel schedules; corporate strategies; and government policy.
Unique commercial intelligence. Our reporters have senior contacts at project owners and contractors, giving us access to information and insight not found elsewhere.
Timely delivery. We deliver the information while it's useful.
The International Offshore Wind Market to 2020
Available to order now, our new report on the offshore wind market presents key demand and supply information critical to decision making in this fast-growing industry segment, including:
- Demand by country and by project status
- Major buyers of services now and in the future
- Bottlenecks in the market
- Vessels currently marketed for turbine installation, those under construction and
those in design, with their anticipated delivery dates - Principal cable installation vessels and their operators
- New offshore turbine suppliers that may challenge today's top two
- How costs in the industry are evolving
For more information, contact Andy Overton on Tel: +44 1224 597862 or .
Drawing on the 700+ projects in our offshore wind farm database and on our daily contact with project managers, vessel operators and others intimately involved with the market, we have compiled a comprehensive report that will support your company's investment and strategy decisions.
Global offshore wind farm capacity will grow at a compound annual rate of 32 per cent in the coming decade. The International Offshore Wind Market to 2020 report predicts that by the end of 2020 global offshore wind farm capacity will have soared to 55 gigawatts, or enough to power almost 37 million European homes. Current installed capacity is under two gigawatts.
Bottlenecks in the supply chain are already being relieved by new entrants. Several emerging European manufacturers of offshore-rated turbines will challenge the dominance of Siemens and Vestas in the next few years, and will later be joined by a batch of Asian manufacturers, including South Korean conglomerates such as Hyundai and at least 10 Chinese firms.
ODS-Petrodata's research on turbine installation vessels indicates that the current shortage of these units could ease quite quickly, if all the vessels currently under construction are delivered on schedule and those in the design phase are built as planned. This will ultimately depend on access to finance, although some potential owners are major civil construction firms with substantial internal resources.
The UK currently leads the way for both installed capacity and projects under construction, but it may experience a lull in activity in 2013 and 2014. Germany will more than take up the slack, and will go on to become the industry's power house from 2014 onwards. China and the USA will also be very significant players in the longer term.
There is a strong trend towards projects being built in deeper water further from shore, and this should create opportunities for innovative installation techniques, new vessel designs, foundations that can be used in deep water, cables that carry power over long distances, and new ways of tackling operations and maintenance challenges.
