Shanghai Electric Group, a producer of power generation equipment and related infrastructure hosted the 5th Global Offshore Wind Summit in Jinan, Shandong Province, China, on August 27.
As the largest and highest-spec summit in the field of offshore wind power in the world, the goal of the summit is to promote in-depth cooperation within the industry worldwide.
The summit was co-hosted by the China Energy Research Association Renewable Energy Professional Committee (CREIA), the China Renewable Energy Association Wind Energy Professional Committee (CWEA), and the Global Wind Energy Council (GWEC).
The forum provided an in-depth analysis of opportunities in the offshore wind power market of both developed and emerging markets. This comes as China launched a guide on offshore wind power for sea planning usage during a time when the country’s offshore wind power sector is growing rapidly.
“If we look at China, offshore wind energy will have a very strong growth momentum in the future. Globally, we believe the market will range from 30 GW to 230 GW, with emerging markets the most important in this process,” says Alastair Dutton, chairman of the offshore wind power working group at the Global Wind Energy Council.
Focusing on the themes of offshore wind power policy, market and technology, Shanghai Electric’s presentation discussed how to effectively reduce the full life cycle cost of offshore wind farms by constructing a reasonable system to enhance the reliability of equipment and components.
“Shanghai Electric has been considering the design, construction and development stage of offshore wind farms from the perspective of full life cycle cost management and closely integrated into China’s wind power ecosystem,” says Jin Xiaolong, vice president of Shanghai Electric Group.
“As a service provider in the whole lifecycle of wind power systems, Shanghai Electric has built strategic partnerships with international companies in almost every segment of the value chain including generators, gearboxes, bearings, digital tools and platforms for R&D and design, promoting the high-quality development of offshore wind power,” he adds.
Photo: The Global Offshore Wind Summit 2020 took place in Shandong, China