On Friday 8th April, IT Power attended and presented at a UK – China joint industry, offshore wind workshop in Beijing. The event was funded by the UK’s Foreign and Commonwealth Office (FCO) and run by Sgurr Energy, China National Renewable Energy Centre (CNREC) and the China Renewable Energy Engineering Institute (CREEI).
The opening address was given by Li Peng, Deputy Director, Department of Renewable and New Energy, Chinese National Energy Administration (NEA). Deputy Director Peng’s address was followed by opening remarks by Christian Romig, Head of Renewable Energy, British Embassy Beijing.
The workshop’s subject, cost reduction for offshore wind projects, is a key issue for developments both in the UK and China. The level of feed in tariff support available for Chinese projects is currently too low to make many projects viable without significant cost reductions. Sgurr Energy, CREEI and ERI presented a cost reduction strategy for Chinese projects and drew from lessons learnt in the UK’s development of offshore wind projects.
Mark Leybourne from IT Power presented the outputs of a recently completed piece of work, funded by the UK FCO, which examined risk identification and management to aid cost reduction. Mark referenced examples of risks, mitigations and failures from experiences in European offshore wind projects and proposed a number of important risk factors facing projects in China.