Checkout Why Cooperation and Trained Workforce are Vital for Offshore Wind Expansion in India
A new report, 'GWEC Global Offshore Wind 2023,' emphasizes the importance of cooperation and a trained workforce for the expansion of offshore wind in the Asia-Pacific (APAC) region.
October 12, 2023. By News Bureau
The report notes that to meet the demand for large offshore wind projects, a trained workforce with the necessary operational knowledge is required for regional cooperation in the APAC region.
The study suggests that timely deployment of a trained workforce will foster cooperation, especially in emerging offshore wind markets in countries like India, the Philippines, Australia, and New Zealand.
The report notes that India ranks third in total energy consumption globally and fourth in installed wind and renewable energy capacity. It highlights India's ambitious targets, including installing 30 GW of offshore wind and a total of 500 GW of non-fossil fuel power by 2030, as committed at COP26.
The report anticipates that offshore wind, with its commercial attractiveness for round-the-clock power generation, will play a crucial role in India's energy transition.
Cooperation, a skilled workforce, and regional collaboration will be key to realising the full potential of offshore wind in the APAC region and beyond.
The report also highlights that Europe could face a shortage of Wind Turbine Installation Vessels (WTIVs) in the future, and the APAC region, which relies on European vessels, must find a solution to ensure offshore wind deployment is not delayed, particularly in new markets.
The report underlines the importance of regional collaboration in the offshore wind supply chain, which is poised for significant growth in the APAC region.
China has dominated the offshore wind market in terms of capacity, but countries like Japan, South Korea, Taiwan, and Vietnam are emerging as active offshore wind markets. Newcomers such as Australia, New Zealand, India, and the Philippines are also looking to advance their offshore wind ambitions.
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