Study supports calls for wind power leaders to work together
1 min read
A study into the supply chain for offshore wind energy in the North Sea says that expenditure by the UK, Denmark, Germany and the Netherlands is forecast to exceed €7.6 billion over the next five years; 59 per cent of global expenditure.
The research was conducted by energy and business analysts Douglas-Westwood and commissioned by the EU-funded POWER (Pushing Offshore Wind Energy Regions) project, an international consortium of key offshore wind energy organisations around the North Sea.
The supply chain study concludes that the POWER region countries of the UK, Denmark, Germany and the Netherlands contain the world's leading suppliers to the offshore wind industry, and together with their supply chain they have the ability to present an unequalled offering to European and global markets.
“This study makes a very strong case for the regions around the Southern North Sea to work together to ensure that their global leadership is maintained,” said Michael Moll, co-ordinator of the supply chain work of the POWER project. “ The POWER project is about establishing a North Sea competence centre for offshore wind energy, and this study confirms that the POWER partners make up a very strong combination of skills.”
