offshore wInd
Unleashing offshore wind’s full potential OCEAn REnEWABLE EnERGy ACTIOn COALITIOn LAunCHEd An internAtionAl Action coAlition hAs been formed to AdvAnce sustAinAble deployment
Dudgeon windfarm. Offshore wind will be a key technology to enable the energy transition.
of ocean-based renewable energy and mitigate the harmful impacts of climate change.
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Accelerating the transition
The Ocean Renewable Energy Action Coalition will represent the offshore wind sector in the global dialogue on climate action. The coalition will be spearheaded by Ørsted and Equinor. Moreover, the group includes big names such as CWind, Global Marine Group, JERA, MHI Vestas, Mainstream Renewable Power, Shell, Siemens Gamesa, TenneT and The Crown Estate. “Collaboration between nations and companies is needed to accelerate the sustainable deployment of ocean renewable energy. This Action Coalition includes leading industry players in offshore wind and we are working together to unleash the full potential of offshore wind globally,” says Stephen Bull, Senior Vice President for Wind and Low Carbon at Equinor.
Vision for 2050
The Action Coalition was formed in response to the September 2019 Call for Ocean-Based
o f f s h o r e - i n d u s t r y.eu
Ocean Renewable Energy.indd 23
Photo courtesy of Sonja Chirico Indrebø/Equinor
Climate Action issued by the High-Level Panel for a Sustainable Ocean Economy, with additional partners including Global Wind Energy Council and the un Global Compact. The coalition will prepare a vision for 2050, highlighting the actions that industry, financiers and governments can take to sustainably scale-up offshore wind, and thereby contribute to the un Sustainable development Goals and global decarbonisation goals. Initial outputs will be announced at the un Ocean Conference in Lisbon in June 2020. driven by a small number of countries initially, offshore wind is now on a spectacular cost reduction path. It is capable of producing clean energy at tremendous scale and will be a key technology to enable the energy transition and to support a sustainable future.
Photo courtesy of Ole Jørgen Bratland/Equinor
cean-based renewable energy such as offshore wind, floating solar, tidal and wave power, could facilitate nearly 10% of the annual greenhouse gas emissions reductions that are needed by 2050 to keep global temperatures under 1.5˚C above pre-industrial levels, according to a report released by the High-Level Panel for a Sustainable Ocean Economy. Most of this climate change mitigation potential is expected to come from offshore wind.
Stephen Bull, Senior Vice President for Wind and Low Carbon at Equinor.
i. equinor.com i. orsted.com
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