1. Ireland’s Offshore Wind
New Horizons:
Ireland’s Offshore Wind
Dr. David Connolly, CEO, IWEA
12th September 2019

2. IWEA Represents ~90% of Wind Energy in Ireland
Members across existing assets, development & supply chain for onshore & offshore:
Wind farm developers
Asset owners
Supply Chain:
Turbine manufacturers
Construction companies
Supply companies
Accountants
Insurance
Consultancy
Legal firms
Banks
We now have over 250 members across the island and across Europe, including developers manufacturers component suppliers, finance and insurance companies and consultants.
This combined strength makes IWEA Irelands largest and most powerful energy network.

3. REQUIRES At Least 3.5 GW of Offshore Wind energy by 2030
2030: A Game Changer
REQUIRES At Least 3.5 GW of Offshore Wind energy by 2030
The publication of the CAP and the timelines and ambitions within it (1 GW of offshore by 2025, 3.5 GW by 2030) is strongly welcomed.
We now need to make sure we start delivering as per the CAP timelines to provide confidence in the offshore industry in Ireland, and we look forward to seeing the first actions (with respect to connections for legacy projects) delivered in Q

4. Rapidly Falling Prices
How Can We Work Together to Deliver the Benefits of Offshore Wind in Ireland?
Huge Potential
Rapidly Falling Prices

5. >10,000 MW of Offshore in Pipeline in Ireland

6. Offshore Turbine Technology Rapidly Improving
>8 MW MW Available Today
12 MW Available Soon

7. Offshore Wind Prices Falling Rapidly once Industry is Established
Prices Dropping in Other Auctions

8. Critical to 3500 MW of Offshore by 2030
Time
Policy Alignment
Supply Chain

9. 2030 is Very Close for a New Offshore Project: Need to Reduce this Timeline!
Estimated Timeline to 2030 for a New Offshore Project
FEASIBILITY
GRID OFFER &
ROUTE TO MARKET (RESS)
CONSENTING
CONSTRUCTION
NOTE: These timelines are very UNCERTAIN as many factors are still unknow e.g. MAFA, EirGrid’s role in grid consent, etc.

10. Policy Alignment for Offshore Wind in the Climate Action Plan?
Legacy Projects – Vital for 2025
Enduring Projects – Vital for 2030
Transition Protocol for Consenting by Q4 2019
Grid Offer by Q2 2020, must accept by Q4 2021, Developer Led
RESS by Q2 2021
Consenting Regime by Q (final step is NMPF)
RESS in Q & in Q3 2024
Grid Offer +8 Months, EirGrid Led
These issues make up the Main Agenda Items for the IWEA Offshore conference
Legacy projects will be ready for a RESS auction in Q2 2021, and can deliver by 2025, but only if they construct under existing consents and foreshore acts.

11. Supply Chain is Critical
Competing on a global market
Vital that Ireland gets started as soon as possible to attract the supply chain
A top priority for IWEA to kickstart the industry
Engaging with Irish ports to ensure they are ready
Work underway by IWEA on the supply chain to identify:
Needs
Opportunities
Gaps
Policies required
Need to move quickly, given that we are competing against other jurisdictions with more mature markets.

12. Ireland’s Offshore Wind
New Horizons:
Ireland’s Offshore Wind
Dr. David Connolly, CEO, IWEA
12th September 2019