Exploratory trade mission on offshore energy to China

Are you active in the offshore wind energy sector, offshore solar energy, and/or other offshore energy solutions? Do you want to learn more about the opportunities and possibilities in the country with the largest offshore wind capacity in the world? Then join the offshore energy mission to China!

Demand for high-quality and innovative technology is rising

Chinese developers are increasingly investing in high-quality and innovative technology. Since the end of 2021, no national subsidies have been provided for the construction of offshore wind farms. Without national subsidies, developers and investors find it challenging to create a profitable business case. This is particularly based on current estimates for investment expenditures and operational expenses (CAPEX and OPEX).

With subsidies being phased out, it is crucial to develop projects more efficiently. This increases the demand for innovative technologies and solutions. Developers and research institutes are exploring various aspects. For example, they are looking into the development of energy islands, hydrogen production with offshore wind energy, and the development of demo projects for offshore solar energy. This provides an opportunity to test integrated offshore energy developments.

The main opportunities in the offshore energy sector in China are:

• Increasing the efficiency and reducing the installation costs of offshore wind farms.
• Cost reduction in operations and maintenance.
• Alternative foundation techniques, such as suction pile foundations, gravity-based foundations, and floating solutions.
• Innovative solutions and designs for OEM wind turbine manufacturers in China.
• Demo projects with floating solar.
• The wind sector in China focuses on circularity. Over the coming years, China will dismantle thousands of outdated wind farms.
• The scale of the Chinese market is suitable for innovating offshore wind applications. For example, think of integrating ecology and aquaculture.
• Collaboration in the field of education and training.

Check out the document China offshore wind (pdf). Here you will find information and an extensive factsheet about the Chinese offshore wind market.