Martin Gerhardt’s Post

It was a great opportunity to join last weeks BWO - Bundesverband Windenergie Offshore e.V. panel on the Zukunft Offshore 2024 conference in Berlin hosted by Jörg Kubitza and Stefan Thimm Thanks for great moderation by Giles Dickson and discussion with Hanns Koenig Niels Anger Ralph Brinkhaus Philipp Godron On the panel I was asked about the learnings from the European PV industry for #OffshoreWind: 👉🏼The fate of the PV industry in Europe -and especially in Germany- should be a strong warning signal for the wind industry & institutional stakeholders. 👉🏼 In a relatively short term a local industry, which was the global technology leader, was destroyed. Now our complete supply chain is fully dependent from China. 👉🏼 We basically traded short term cost benefits into a long-term energy dependency. 👉🏼 For wind power the difference is that we still have an industrial base in Europe. 👉🏼 Like other Western OEM E.g. Siemens Gamesa manufactures Offshorewind turbines in German, France, Denmark and England. In our Nacelle plant in Cuxhaven more than 1000 people are employed. 👉🏼 We heavily invest in R&D in Europe. We engage with Academia and develop new talents and skills. 👉🏼As the motto of last WindEurope conference in Bilbao, “our wind, pour value”: this if the value we bring to Society, additional to energy security 👉🏼So, ultimately, it is about implementing the Wind Power Action Plan, Net Zero Industry Act and other policies and initiatives, that shall create the appropriate frameworks, that will bring long term visible and stable volumes, ensuring that risks are well balanced along the value chain. 👉🏼It is about ensuring that fair competition and a healthy offshore market, which has proven not to be the case by cost being the only driver and pushing the supply chain to an unstoppable race to the bottom

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