Offshore Wind ENERGY – SUSTAINABLE, ECONOMICAL, sAFE Unlock the potential Offshore Wind ENERGY – SUSTAINABLE, ECONOMICAL, sAFE

Costs: Low-cost electricity from the sea contents Costs: Low-cost electricity from the sea Jobs: Driving the economy and employment Climate and environment: Taking responsibility Energy: A top performer in the electricity mix Grids: Essential for the energy transition

Government Support RAPIDLY DECREASING costs Government Support RAPIDLY DECREASING From 2024 the first offshore wind farms aim to operate without subsidies Experts forecast an electricity market price of 5.3 c/kWh in 2025 (margin of error 20%); and 7.6 c/kWh in the year 2035

TURBINE Capacity KEEPS GROWING costs Capacity is increasing: Average rated capacity of new turbines in Europe 2.0 MW in the year 2000 4.8 MW in the year 2016 8.0 MW in operation, 9.5 MW ready to enter the market in 2017 13 - 15 MW expected in the year 2025

Offshore Wind FARMs are getting Bigger costs Offshore Wind FARMs are getting Bigger Wind farms are increasing in size (average size in the EU) 5 MW in the year 1990 475 MW in 2017 Currently under construction: 1200 MW farm, Hornsea UK

Offshore in a good competitive position costs Cost of offshore wind electricity now on par with fossil fuel / nuclear plants When including external costs (such as CO2), offshore wind power is already significantly cheaper Oder auch: Offshore competing well

jobs Powering the economy The number of jobs has increased fivefold in the last five years More than 20.000 employees in Germany (2015) In particular, demand for electricians, mechatronics technicians, mechanics Over 28% of jobs in service and maintenance. Trend: upward German manufacturers in a good global position. Strong domestic market promotes exports Mechatronics engineers wäre möglich, aber wahrscheinlich geht es um Techniker?

Offshore creates jobs nationwide Companies from all over Germany are involved in manufacturing and the supply chain Over three quarters of domestic content comes from SMEs (components for turbines, rotor blades, power controls) 40% of jobs in offshore wind are located inland – mainly in NRW, Bavaria and Baden- Württemberg

Renewable energy cuts CO2 climate Renewable energy cuts CO2 Germany now produces 350 m. tons less CO2 annually compared to 1990 – half of this reduction due to renewable energy Offshore wind delivers reliably cheap, CO2-free electricity By 2050, the energy transition in the heating/thermal sector will raise electricity demand by 50% A rapid expansion of offshore wind is imperative for climate protection Wärmesector -.> vermutlich Heizung? Dann „heating“.

German electricity demand rising climate German electricity demand rising In 2050, wind and PV will be the pillars of the power supply In 2050, renewables are to provide 80% of the entire energy demand (Fraunhofer IWES 2013) Fossil fuels will be replaced by renewable electricity Until 2050, electricity consumption will rise by 50% over 2011 levels... ...from ~600 TWh to ~900 TWh

Protecting marine ecosystems Nature Protecting marine ecosystems Offshore farms are required to satisfy particularly strict regulatory conditions regarding environmental protection Areas are off-limits where an adverse impact on resting and breeding grounds for birds is expected New technologies allow for low-noise installation of foundations Suction Buckets. Source: DONG Energy

Top performance in the electricity mix Energy Offshore wind produces steady and reliable quantities of power Good predictability supports security of supply Energy yield from turbines at sea twice as high as onshore Given optimal expansion, offshore wind can provide around 30% of electricity consumption by the year 2050 (IWES)

energy Powering major cities In 2010, the first test site, alpha ventus, was commissioned (12 turbines) In 2017, almost 1000 offshore turbines are on the grid In 2016, almost 13 TWh of electricity generated – enough for the electricity demand of a major city

indispensable to the Energy transition grids Historically, electrical grids were designed for a small number of conventional power plants Energy transition requires rapid expansion and redesign of the existing grid Grid expansion makes sense under every scenario Innovative transmission concepts and sector coupling provide opportunities to bypass bottlenecks in the grid

A European Grid Rethinking the power grid grids A European Grid Rethinking the power grid A European grid helps to reduce fluctuations Wider geographical distribution, more balanced production, and better exploitation of supply and demand

Offshore wind: unlock the potential conclusion Offshore wind power is the backbone of the energy transition After just a few years, offshore wind energy has become competitive with new conventional power plants Offshore wind power generates electricity very reliably and contributes significantly to security of supply The offshore wind industry creates jobs across the country Grid expansion and redesign is crucial to the energy transition Grid expansion is cheaper than its omission Conclusion: Unlocking the potential of offshore wind

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