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OWI 01/2016 - Teaser

politics & business 39 farms completed, or partially completed in 2015 was 27.1 m and the average distance to shore was 43.3 km. 4Projects: 14 projects were completed in 2015. Work is on-going on six projects in Germany, the Netherlands and the UK. Including sites under construction, there are 84 offshore wind farms in 11 European countries. The average size of a grid-connected offshore wind farm in 2015 was 337.9 MW, 8.2 % less than the previous year. There were some large offshore wind farms with round about 600 MW like Gwynt y Môr and Gemini. However, the majority of German sites were 288 MW. 5Turbines: A net addition of 754 new offshore wind turbines in 15 wind farms were grid-connected from 1 January to 31 December 2015. 419 new turbines were installed in 2015, 53 of these turbines are awaiting grid connection. Seven turbines were decommissioned in the UK and Sweden. The average offshore wind turbine size was 4.2 MW, a 13 % increase over 2014. 6Market shares: Siemens continues to be the top offshore wind turbine supplier in terms of net annual installations. With 1,816.4 MW of new capacity connected, Siemens accounts for 60 % of the 2015 market. Adwen (550 MW, 18.2 %), MHI Vestas (391.5 MW, 12.9 %) and Senvion (270.6 MW, 8.9  %) are the other turbine manufacturers who had turbines grid-connected in full-scale wind farms during 2015. Also cumulatively, Siemens is the lead offshore wind turbine supplier in Europe with 63.5 % of total installed capacity. MHI Vestas (18.5%), Senvion (7.4 %) and Adwen (5.7 %) follow. 7Structures: Monopile substructures remained by far the most popular substructure type in 2015 with a net total of 385 installed (97  %). 12 jacket foundations were also installed, representing 3 % of all newly installed substructures. The foundations installed in 2015 were supplied by EEW (41.1 %), Sif (34.1 %), Bladt (21.6 %) and Smulders (3.8 %). Cumulatively, 80 % of substructures are monopiles, 9.1  % are gravity foundations, jackets account for 5.4 %, tripods account for 3.6 % and tripiles account for 1.7 %. 8Developers: E.ON was the largest developer in the European offshore sector in 2015 with 17.1 % of total connections. Combined with RWE Innogy (344.4 MW, 11.4 %), EnBW (288 MW, 9.5  %), Stadtwerke München (235.5  MW, 9.5 %), Dong Energy (234 MW, 7.8 %), the top 5 developers added 1.6 GW of installed capacity, representing 53.6 % of total installations in 2015. In total, Dong Energy maintains its position as the biggest owner of offshore wind power in Europe with 15.6 % of cumulative installations at the end of 2015. E.ON (9.6 %), Vattenfall (8.9 %), RWE Innogy (6.4 %) and Stadtwerke München (3.8 %) complete the top five developers and owners. 9Financing: Ten projects, worth €  13.3 billion, reached final investment decision (FID), a doubling over 2014. In total 3,034 MW of new capacity reached FID during 2015. Total investments for the construction and refinancing of offshore wind farms and transmission assets hit a record level of € 18 billion. For the first time in 2015, € 1.5 billion was raised through project bonds for the construction and refinancing of offshore wind farms. 10 Outlook: The volume of new grid-connected installations will be lower in 2016 than it was in 2015. This is due in part to the high volume of turbines installed in 2014 that were only grid-connected in 2015 in Germany; and in part to the reduced number of project that started in 2015 compared to 2014. You find a detailed analysis for the markets in Germany, UK and Denmark on the following pages. The Netherlands, Belgium and France will follow in OFFSHORE WIND INDUSTRY 2/2016. Katharina Garus


OWI 01/2016 - Teaser
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