THE EUROPEAN WIND INDUSTRY MAGAZINE February 2012 Volume 31/No 1 INTERVIEWS: Bridging TAKETTA THE READERS’R SURVEYS NOW - WINW A KINDLE! CEO of CEO of E.ON Denmark’s the gaps www.ewea.org/wdsurveywww ewea or Siemens Wind Climate & former prime Power Renewables minister 17% YIELD N117/2400: THE LOW-WIND SPECIALIST The latest turbine in the Nordex Effi ciency Class repre - sents a whole new dimension of engineering sophistica- tion. A 117-metre rotor and minimal noise emission make it ideal for IEC 3 sites. It provides 17 per cent more yield and 20 per cent more full-load hours than any previous products in its category. That’s why we call the N117/2400: Excellence in Effi ciency. www.nordex-online.com 91_554_Nordex_AZ_N117_210x297_PowEnerSol_GB.indd 1 30.08.2011 11:17:11 Uhr | contents | THE EUROPEAN WIND INDUSTRY MAGAZINE February 2012 Volume 31/No 1 letter from the editor 5 Welcome to 2012 offshore wind in 2011 6 wind news 10 brussels briefi ng 11 2050 energy roadmap 13 interview 14 Poul Nyrup Rasmussen, former Prime Minister of Denmark mini focus 18 A sector in need of support? EWEA OFFSHORE 2011 reviewed 22 The Dutch touch CEO interviews 25 CEOs from Siemens and E.ON focus 30 Building bridges for our electricity Explaining the “infrastructure package” opinion 37 If you build it, they will come best of blog 38 Keeping up with the blog italy trip 42 The Mediterranean island that went for wind wind worker 44 Lars Thaaning Pedersen, DONG Energy Giuseppe di Marzio, Enel Green Power EWEA 2012 preview 48 Powered by innovation: the EWEA 2012 Annual Event country focus 52 A closer look at Germany... EWEA news 54 Wind Directions is published fi ve times a year. The contents do not necessarily refl ect the views and policy of EWEA. EWEA welcomes new members 56 Publisher: Christian Kjaer the last word 58 Editor: Sarah Azau Ana Aguado Cornago, CEO of Friends of the Supergrid Writers: Sarah Azau, Chris Rose, Zoë Casey Design & production: www.inextremis.be Cover photo: Hemera Additional design and photographic input: Jesus Quesada SUBSCRIBE FOR FREE DO THE SURVEY AND WIN: www.ewea.org/wdsurvey WIND DIRECTIONS | February 2012 3 | letter from the editor | By Sarah Azau Editor Welcome to 2012 fter the relative peace of the Christmas help its chances of getting suitable fi nancing. Read A break, we are starting 2012 with a all about it on p. 18. bumper issue of Wind Directions, refl ecting The current state of the offshore wind energy everything that went on in November and industry can also be gleaned from EWEA’s just-pub- December last year. lished 2011 statistics. Using detailed graphs and November was frantic with preparations charts, we explore how much capacity was built and for the EWEA OFFSHORE 2011 event in grid-connected last year, and examine the overall Amsterdam, which ran from 30 November to 1 trends. See p. 7. December. Participation was even higher than Our main Focus this issue is on a different, expected, with over 8,200 attendees, business but equally relevant topic for the industry: grids was done, experience was shared and new re- and the single energy market. With the European search explored. EWEA launched a report show- Commission’s new draft legislation on energy infra- ing the huge amount of offshore wind projects structure, released last autumn, the next steps are in Europe’s seas. Meanwhile I took a boat trip likely to take shape over the few months to come, to visit an offshore wind farm and report back and EWEA’s campaign refl ects the urgency of acting via a live video link to the event’s opening ses- quickly. Zoë Casey takes us through the topic on p. sion – my fi rst onscreen experience! Chris Rose 30, and on p. 37 Wind Directions’ new columnist, gives an overview of the event on p. 22. Junior Isles, gives us his take on the question. OFFSHORE 2011 was also a great opportu- December was also particularly busy for those nity to speak to some of the big names in the of us following EU legislation for the energy industry offshore wind energy industry. Chris, Zoë Casey because of the much anticipated release of the and I spoke to former Danish Prime Minister European Commission’s Energy Roadmap 2050. Poul Nyrup Rasmussen (p. 14) on the Lindoe The name may not be particularly exciting, but the Offshore Renewables Centre he chairs, and to document will be important for the development of CEOs from E.ON Climate & Renewables and the industry: I explain why on p. 13. Siemens Wind Power on the current situation of offshore wind energy and its prospects, with A day out particular reference to the ongoing fi nancing It’s always good to get out of the offi ce to see real squeeze. wind farms, and my most recent trip was a chance to do just that in Sardinia, Italy. See p. 42. And for Getting to the grids a further taste of real lives in the industry, read the The thorny issue of fi nancing of offshore wind Wind Worker interviews on p. 44. projects is also the topic covered in this issue’s Finally, there is always another EWEA event just Mini-Focus. I spoke to a range of experts from around the corner. EWEA 2012, taking place in banks, consultancies and private equity compa- Copenhagen, is just two months away and plans nies to gauge their views on the current crisis, are taking shape. You can fi nd out what’s in store the outlook, and what the industry can do to on p. 48. ■ WIND DIRECTIONS | February 2012 5 om offshore wind in 2011 com | | ia. ol tol to o fo : to o Ph Offshore wind in 2011: market stays stable, with UK still in the lead By Sarah Azau • New EWEA fi gures for the offshore wind energy sector in Share of new offshore wind capacity in Europe per country in 2011 2011 • 235 new offshore turbines online, equalling 866 MW of Denmark Portugal 3.60 MW 2 MW new capacity 0% 0% Germany • 1,371 offshore turbines now online in Europe, equalling 108.30 MW 13% 3,813 MW of capacity • Capacity set to increase by over 60% ast year, 235 turbines were connected to the Lelectricity grid in nine offshore wind farms, EWEA’s recently published 2011 statistics reveal. Worth around €2.4 billion, they take the total installed capacity to 3,813 MW, providing the UK equivalent of 0.4% of the EU’s electricity. 752.45 MW 87% The wind farms built last year were larger and in deeper waters than those built in 2010, although they were closer to shore. The vast majority of new capacity – 87% of the total, with 750 MW - was installed in Installed capacity: annual and cumulative share by country at end 2011 (MW) 1000 4500 900 4000 800 3500 700 3000 600 (MW) 2500 (MW) 500 2000 400 1500 300 200 1000 100 500 0 2000 2002 2003 2004 2005 2006 2008 2009 1993 1993 1995 1996 1998 1999 1994 1994 2001 2001 2007 2007 2011 1997 1997 2010 2010 annual (left axis) cumulative (right axis) 6 WIND DIRECTIONS | February 2012 | offshore wind in 2011 | Installed capacity: cumulative share by Wind turbine manufacturers: share of country at end 2011 (MW) 2011 installations (MW) Sweden Finland Ireland BARD GE 163.7 MW 26.3 MW 25.2 MW 17 14 4% 1% 1% 1% 1% Areva Belgium Norway WinWind 6 195 MW 2.3 MW 0% 18 0% 5% 1% Portugal Other Germany 2 MW 49 200.3 MW 0% Repower 4% 5% 36 Netherlands 3% 246.8 MW 6% Siemens U.K. Vestas 698 2,093.7 MW Denmark 533 51% 55% 39% 857.3 MW 23% UK waters. In a far-off second place was Developers: share of new offshore wind Germany with 108 MW (13%) and a 3.6 MW capacity in 2011 (total 798.32 MW) turbine in Danish seas. There are nine more offshore wind farms Statoil Enovos Inovcapital LDA currently under construction, and they will 19.80 MW 4.50 MW 0.5 MW 0.5 MW bring online an additional 2,375 MW – 2% 1% 0% 0% increasing the EU’s total installed offshore Statkraft Principle Power EDP 19.80 MW 0.5 MW 0.5 MW wind power capacity by 62%. 2% 0% 0% 1 In 2011 non-recourse debt fi nancing for ENBW 48.30 MW offshore wind farms increased by 40% on the 6% previous year, from €1.46 billion to €2.05 BARD billion. Three multilateral fi nance institutions 55.50 MW 7% now support non-recourse lending to the off- SSE shore sector. The European Investment Bank 245.92 MW 28% (EIB) and Danish development bank EKF, Vattenfall 111.65 MW already active in 2010, were joined by the 13% German development bank KfW in 2011. In 2011, more than 3 GW in net planned offshore capacity was sold to investors. A Dong RWE 168.08 MW 190.80 MW number of utilities and developers also an- 19% 22% nounced investments in their own projects. DONG Energy has continued to be the most active equity player, both on the acquisition and on the sale side. In terms of manufacturers, Siemens sup- plied 80% of the new offshore capacity in 2011: a total of 693 MW. They were followed Overall, 17 MW less offshore capacity was by REpower with 13% of the annual market installed and grid-connected last year than in and BARD with 7%.