Reuters Events will host a series of content in various formats throughout 2022 to tackle the industry’s key challenges and create opportunities to accelerate US offshore wind market development.
If you wish to become a speaker or sponsor of one or more items in this offshore wind content series, please contact Cammy Turner, Head of Strategic Partnerships at Cameron.Turner@thomsonreuters.com or contact Megane Holl, Conference Director at Megane.Holl@thomsonreuters.com
Topic | Event | Format | Audience |
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Permitting | US OSW Permitting Accelerator- B-line to Streamline. | Workshop/Webinar/Seminar | Up to 1,000 attendees |
Despite encouraging signs of progress in US offshore wind project development, securing permits for the construction of wind farms remains a complex and largely untested topic. An OSW lease auction kicks off a chain of events that could last up to 10 years, including around two years of planning and five years of site assessment and surveys. This forum will map out the permitting process, analyze lessons learned from the Vineyard Wind 1 project, and provide recommendations for how to streamline the process quickly and efficiently to deliver a project pipeline that will spur further investment in projects, supply chain, infrastructure and workforce.
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Project Development | US OSW Development Accelerator- Turning Momentum into Action. | Workshop/Webinar/Seminar | Up to 1,000 attendees |
After years of positive momentum, there is one subject that all commentators on the US offshore wind industry agree on: the sector is going to undergo rapid expansion over the next decade. What does provoke argument is the likely scale of this growth, and the relative importance of the factors that are going to push it forwards or hold it back. We know which policies and investments will elicit offshore wind development. Aggressive procurement targets, competitive procurement strategies, contracting practices, tax support, and transmission access can all ensure offshore wind becomes a boon for US consumers and climate goals. Now it is time to turn the years of positive momentum into movement and accelerate the project pipeline. In this session, developers and statesman will present actionable solutions to build a sustainable US offshore wind industry and world-leading supply chain.
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Topic | Event | Format | Audience |
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Market Development | US Offshore Wind 2021 Online, May 27th-28th | Virtual 2-day conference | Up to 10,000 attendees |
Your gateway into US offshore wind markets is here. USOW21 will unleash US offshore wind's true potential in 2021, placing it at the heart of America's aggressive green recovery and build-back-better infrastructure plan. Entering its 6th year, USOW has grown into America's largest networking hub for businesses that are looking to invest, find partners and secure contracts in multi-billion-dollar US offshore wind projects. Moreover, the conference has become the world's stage for industry-defining policy updates on US OCS leasing and permitting activity. The US offshore wind industry boom, projected to generate nearly 30GW of power in seven East Coast states by 2030, presents a $70 billion CAPEX revenue opportunity to businesses in the U.S. supply chain. However, it doesn't stop there. 2000 GW of offshore wind resource remains untapped. With such unrealized potential and a clear need for rapid industry expansion under the new Biden administration, this event covers everything you need to know about US offshore wind policy and markets. The event will resolve development bottlenecks and facilitate a multitude of supply chain matchmaking activity. Helping you to meet every major developer, investor, contractor, supplier, manufacturer, policy maker, and key stakeholders. |
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Finance | US OSW Financing Accelerator- options, risks, and innovations. | Workshop/Webinar/Seminar | Up to 1,000 attendees |
Finance experts believe US offshore wind will have the best credit quality for renewable energy projects compared to anywhere in the world given their long contracts and similar operational output capacity are like those in Europe. This session will discuss how the perception of risk and risk appetite amongst lenders have changed. Namely risks associated with policy, supply chain, construction, permitting, technology, and market capacity.
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Floating Wind | Global Floating Wind Commercialization Accelerator | Workshop/Webinar/Seminar | Up to 1,000 attendees |
It is widely accepted that the future of offshore wind technology will be floating. According to GWEC’s Global Offshore Wind Report 2020, floating offshore wind will reach full commercialization by 2030 with at least 6 GW installed globally. Turbine technology is also set to improve in both efficiency and resilience, resulting in LCOE reductions and increased adoption. What can be done to accelerate the pathway to commercialization? This session will bring together the leading experts to present viable solutions to accelerate floating wind market expansion and unravel the issues surrounding technology readiness and risk mitigation, standardization, and industrialization, LCOE reduction pathways, environmental impacts, and most importantly, strategic collaboration among key stakeholders.
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Workforce Development | Building and Training the US Offshore Wind Workforce. May 28th | Workshop/Webinar/Seminar | Up to 1,000 attendees |
Coming soon. |
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Finance | Tax Equity Financing for US offshore wind projects. | Workshop/Webinar/Seminar | Up to 1,000 attendees |
The extension of the ITC was a welcomed certainty in the tax code that the industry needs to Tax Equity Financing for US offshore wind projects
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Topic | Event | Format | Audience |
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Transmission | US OSW Transmission Planning Accelerator. | Workshop/Webinar/Seminar | Up to 1,000 attendees |
East coast states have a goal to develop 29 GW of offshore wind by 2030 but big issues remain such as whether the industry should take a centralized or decentralized approach to developing offshore wind transmission and interconnection; and how should costs be shared among key stakeholders. Divergent federal and state policy adds another layer of complexity to the transmission conundrum. This session will lay bare the challenges and lessons learned by key stakeholders to date, with a focus on developing actionable solutions more efficient transmission and interconnection policy and planning processes. Massachusetts Legislation Allowing State to Direct Utilities to Procure OS Transmission
New Jersey BPU Request for PJM to Implement the State Agreement Approach
New York OS Transmission Perspective
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Finance | Lessons in Financing $multi-billon US OSW. | Workshop/Webinar/Seminar | Up to 1,000 attendees |
As the first commercial scale offshore wind project, Vineyard Wind 1, commences construction, what lessons can be learned about how was the deal structured? How might future projects be structured? This session will bring together key financing stakeholders to discuss ideas and chart the path to financing the next multi-billion-dollar projects.
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Wind + Hydrogen | Offshore Wind-to-Hydrogen Accelerator: Unlocking new market growth. | Workshop/Webinar/Seminar | Up to 1,000 attendees |
Wind-to-hydrogen complements offshore wind perfectly. It aids the integration of more offshore wind by avoiding curtailment or constraint due to the lack of transmission capacity and decouples renewables power generation.
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Topic | Event | Format | Audience |
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Finance | Tax equity financing for US offshore wind projects in 2022 and beyond. | Workshop/Webinar/Seminar | Up to 1,000 attendees |
Tax equity finance will play a crucial role in helping US offshore wind projects get on their feet. In this session tax equity experts will discuss how to make these deals happen.
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O&M | O&M Cost Reduction Strategies for US offshore wind projects | Workshop/Webinar/Seminar | Up to 1,000 attendees |
Operations and Maintenance is expected to account for nearly one-third of offshore wind’s costs in the US, and consequently, there is a large potential for reducing these through advanced O&M strategies. This panel of experts will propose how this can be done.
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Stakeholder Engagement | Sharing the Ocean with offshore wind. | Workshop/Webinar/Seminar | Up to 1,000 attendees |
Coming soon. |
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Risk | US Offshore Wind Risk Management | Webinar | Up to 10,000 attendees |
Scroll down and select the tabs to browse our exclusive offshore wind content.
The influx of renewable solutions – and the need to integrate them with conventional transmission infrastructure – has changed the dynamics of the power market and introduced new opportunities around offshore wind. Transmission upgrades with the first tranche of Offshore Wind projects have been relatively small thus far, but as the market continues to strengthen, expect to see an uptick in transmission upgrades to support for the next wave of development. This session will discuss the efforts which are underway to support integration of Offshore Wind power resulting from solicitations which are presently underway.
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30 gigawatts of U.S offshore wind by 2030 is the official development target set by the White House on March 29th. This effort is expected to support approximately 77,000 jobs in industry and surrounding communities, generate electricity to power over 10 million American homes, and cut 78 million metric tons of carbon dioxide emissions.
To support the aggressive inter-agency action plan, Reuters Events hosted a panel discussion on April 20th to discuss this target, what it means, and how we will get there.
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Applying Competitive Procurement Models to US Offshore Wind Transmission. Potential Benefits, Costs & Risks.
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