Offshore wind energy is growing enormously, but this growth comes with challenges. To maximise the value of large volumes of wind energy in the future energy system, we need to ensure feasible business cases for developers. There are many variables involved in investing in wind farms. Not only will more energy be generated in future. New combinations of solar and wind farms, as well expanding collaboration with industry players connecting the wind with conversion and storage options, are also at play.
TNO provides insights and recommendations to achieve a profitable offshore wind business under 2 scenarios by 2030 using TNO’s European power market and dispatching business models. These scenarios represent the Dutch electricity system under a low and high electrification growth respectively, following current national and European policies for supply and demand.
· Jan Willem Wagenaar, Program Manager Wind Energy (TNO), will reflect on the challenges of system integration for offshore wind energy
· Iratxe Gonzalez, R&D Portfolio Manager System Integration Wind Energy (TNO), provides insights and recommendations based on the paper ‘Offshore wind business feasibility in a flexible and electrified Dutch market by 2030’
· Robert de Kler, Senior Research Scientist (TNO), reflects on the insights of the paper from a business point of view
· Sebastiaan Hers, Senior Research Scientist (TNO) reflects on the policy side