Page 5 - AsiaElec Week 06 2023
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AsiaElec COMMENTARY AsiaElec
foundations.”
There are indications that shipbuilders are Westwood Global Energy Group, said last week:
now making moves to keep up with demand, “(T)he potential crunch is likely to occur in the
however. mid-to-late 2020s, as more countries begin con-
Marco Polo is reported to be building its structing their wind farms to meet 2030 national
own CSOV by 2024, to enable a long-term targets.”
charter by Vestas Wind Systems in Taiwan, By that time, with coal use in the wider
with Cosco Heavy Industries having taken region predicted to drop off, according to ana-
an order for four large turbine installation lysts, nations in Asia with offshore wind ambi-
vessels from the Denmark-based Cadeler. tions will need the infrastructure in place to
Meanwhile, Maersk Supply Service has transport, erect and over time help maintain
put on order another installation-capable wind farms.
vessel from Sembcorp Marine, with delivery Any continued shortfall in this regard, and
expected sometime in 2025. subsequent competition in gaining access to
Whether these moves towards adding to wind the limited vessels then in operation, could see
installation fleets will be seen as too little, too late some of the region’s smaller countries opting
remains to be seen in the eyes of many analysts. to stay with coal for much longer than initially
As Bahzad Ayoub, senior analyst with planned.
Week 06 08 •February•2023 www. NEWSBASE .com P5
