Page 5 - AfrElec Week 24 2022

AfrElec COMMENTARY AfrElec

up even more.
India’s Ministry of New and Renewable
Energy recently announced that it will auction Numbers of jobs are of course growing rap-
12 GW of offshore wind leases off Tamil Nadu idly, and will continue to escalate. In the UK, the
and Gujarat by 2025, starting in three to four Offshore Wind Industry Council has just pub-
months, and another 5 GW every year elsewhere lished a report projecting that jobs in the UK off-
until fiscal year 2029-30. India currently has no shore wind sector could reach almost 100,000 by
installed offshore wind projects, though it has 2030, more than three times the current 31,000,
substantial onshore assets. which is itself 16% higher than a year ago.
On June 13, Denmark’s government And in Brazil, now known to be a major
announced that it will expand planned offshore emerging offshore-wind market, Ocean Winds
wind capacity for 2030 by a further 4 GW, almost – the 50:50 joint venture between global energy
by 50% to help wean the country off Russian gas leaders and European companies Engie and EDP
imports. Renewables – has announced the launch of OW
The new goal will increase to 9 GW from Brazil. Ocean Winds started in December 2020
8.9 GW. Denmark’s offshore wind projects will to license five new offshore wind projects for a
total 2.3 GW by the end of 2022, the government total capacity of 15 GW in the Brazilian states of
estimates. Piauí, Rio Grande do Norte, Rio de Janeiro and
“Denmark’s large sea areas and wind and Rio Grande do Sul.
seabed conditions provide ideal conditions for Also in Brazil, Corio Generation has this week
using offshore wind, and Danish waters have the revealed plans for five offshore wind projects off
potential to become green power plants for the the South American country of more than 5GW
whole of Europe,” said the government. in early-stage development. Corio Generation
In the Netherlands, the Council of Ministers is a portfolio company of Macquarie’s Green
has confirmed when and where new announced Investment Group. A decree introduced in Jan-
offshore wind farms will be built by 2030. The uary launched a new regulatory framework for
tender for the 10.7 GW of projects will start in offshore wind and is effective from this month,
2025. noted Corio. ™

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