09 March 2017
Taiwan investing extensively in offshore wind energy. Study shows that Taiwanese investments could bring about interesting opportunities for Danish companies in offshore wind.
A study of the Taiwanese offshore wind market not only indicates that there is good potential for Danish offshore wind companies, but has also already helped to make contact with all the relevant players.
The Taichung Harbour feasibility study, compiled by a consortium comprising DIS, NIRAS, DHI, NSG and the Port of Grenaa with Offshoreenergy.dk, reveals that there is huge potential for Danish offshore wind companies in Taiwan.
"There is a demand at every link of the logistics and supply chain for the skills we have built over many years, including handling on land, sea fastening, lifting and storage," says Mogens Hess, Chairman of the Board at DIS.
Since his initial visit, he has been engaged in consistent discussions with the Taiwanese regarding cooperation and setting up an office in Taiwan:
"There is obvious potential for Danish companies here. The people here express great respect for our skills. Having made a really strong and well-organised feasibility study, we now have access to all the right players. I have been in Taiwan five times since my first visit. Invitations are coming in all the time from new contacts who want us to help them. From the moment we arrive, we are given lots of time to talk," says Mogens Hess.
"Obviously great potential"
DIS is far from the only Danish company with easy access to eager Taiwanese ears. Water environment specialists DHI have been active in Taiwan since 1981. The group enjoys increasing demand for its unique expertise:
"In recent years we have found there is increasing interest in our services in Taiwan, especially in connection with offshore wind activities. We have decided to expand our local presence and have hired coastal and marine water specialists," says Henrik Kofoed-Hansen, VP, Marine Water at DHI.
CEO Glenda Napier from Offshoreenergy.dk is pleased to see the yield from the feasibility study: "As a cluster organisation, we are proud to help bring the right offshore companies together at the international level," she says.
Morten Basse Jensen is the project's anchor on behalf of Offshoreenergy.dk. Morten agrees that there is obvious potential in Taiwan for Danish companies.
"I have the impression that we have established a solid platform for cooperation, due not least to the feasibility study. There is obviously great potential for the companies that took part in the study. This can be expected to spread to many other Danish companies. We have already seen several Danish companies establishing a presence in this region," says Morten Basse Jensen.
FACTS: 800 turbines by 2030:
In the coming years Taiwan will invest heavily in renewable energy. In 2015, the Taiwanese Ministry of Finance estimated that DKK 18.5 billion would be invested in offshore wind within a five-year period and that the "Thousand Wind Turbines Project" would install 520 MW by 2020, 3,000 MW by 2025 and 4,000 MW, corresponding to about 800 offshore wind turbines, by 2030.