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Capitalise on one of the fastest growing sectors in the energy industry
The global offshore wind market continued to grow rapidly in 2018, hitting over 18GW of capacity by the end of the year and showing no signs of slowing down, with estimates that it will reach 115GW by 2030 and 200GW by 2040.
In the UK’s Offshore Wind Sector Deal published on 7 March 2019, the government has committed to boosting the sector, including targeting £2.6bn in global exports to growing markets like Europe, Japan, South Korea, Taiwan and the US.
Energy Exports Conference 2019 highlighted some of the opportunities available for the UK supply chain overseas, both for existing renewables suppliers and for companies looking to diversify into this lucrative sector.
Where are the opportunities?
The Global Opportunities stream featured speakers from some of the world’s top offshore wind developers and EPC contractors who outlined where their development and planned opportunities are, as well as how suppliers can get involved.
Delegates could also hear from and meet the organisations that provide support to exporting companies, including UK Export Finance who can offer lines of credit to ensure payment is always guaranteed and on time when booking orders abroad.
Plus – one-to-one appointments were available with speaker companies and event partners so you can sit down and discuss the specifics around your individual case.
Diversifying into offshore wind from oil and gas
If you’re a supplier in the UK oil and gas, power or nuclear sectors and are looking for new ways to scale up your business, diversifying into the offshore wind sector could be right for you.
Hundreds of companies in the UK have already seen the benefit of entering the sector, with many transferable products, services and skills that can provide you with a more diverse portfolio that’s better enabled to weather the unpredictability of factors like the oil price.
What if I’m an early-stage exporter, or yet to start my exporting journey?
The Inspiring Exports stream was designed to show how you can start exporting into low-risk markets in the global offshore wind sector. This included the inspiring stories of experienced exporters and a range of experts, who discussed and shared their exporting experiences in offshore wind. Sessions looked at preparing to export to the US and Europe, the importance of research, market entry options, navigation regulations, and identifying international customers.
The Department for International Trade and Scottish Development International had sector and country experts on hand to offer advice and support, and to connect you to the right information, insights and advisors to help you take the next steps of your exporting journey.
OFFSHORE WIND PROGRAMME SESSIONS
Focus on Offshore Wind
When and where:
This panel session featured in the Global Opportunities stream on Day 2, Wednesday 19 June at 11:15-12:15.
Specialist Renewable Energy – Department for International Trade
Senior Supply Chain Development Manager, Global Sourcing, Wind Power
Leading Business Developer
Dr Bill Scott, OBE
Strategy & Development Director – Clean Energy Solutions
Energy Transition – From Black to Green: Opportunities Across the Spectrum
When and where:
This panel session featured in the Global Opportunities stream on Day 1, Tuesday 18 June at 13:30-14:25.
Deputy Chief Executive – Opportunity North East (ONE)
Group Head Strategy & Analysis
Principal Engineer, Engineering & Consulting, Oil & Gas