DNV GL, EU to Promote Offshore Wind Market in Indian

By Aiswarya Lakshmi
Tuesday, June 19, 2018

 DNV GL, the world’s largest resource of independent energy experts and certification body, is today showcasing the final reports in a study which demonstrates the commercial and technical feasibility of the offshore wind market In India. 

Co-funded by the European Union (EU), GPCL and ReNew Power the Facilitating Offshore Wind in India (FOWIND) project will enable organisations to make future investments in the region.
India has made strong commitments under the UN Paris Climate Agreement and announced ambitious renewable energy goals in 2015, targeting 175 GW of renewable energy capacity by 2022, including 60 GW from wind energy. To date, offshore wind development has largely been concentrated within Europe, but this is changing and DNV GL is supporting the Government of India in driving this change. 
The project, which supports India’s transition towards the use of clean technologies in the power sector, focused on the states of Gujarat and Tamil Nadu to identify potential zones of development through preliminary resource and feasibility assessments for future offshore wind developments, as well as through techno-commercial analysis and preliminary resource assessment. 
By providing a concept design for a 150 to 504 MW demonstration project in both Gujarat’s and Tamil Nadu’s most promising offshore wind development areas, identified as “zone A”, companies and government institutions now have a starting point for future detailed offshore front end engineering design (FEED) studies. Concept designs and outline project costings were performed using DNV GL’s levelised cost of energy (LCOE) design tool, Turbine.Architect. 
As the technical partner, DNV GL fruitfully leveraged its offshore wind and local market expertise from international teams, including India, UK, Singapore, Canada, USA and Australia. These capabilities facilitated the delivery of several technically rigorous milestone reports to enable the Government of India and its stakeholders to bring this new offshore wind market closer to fruition.
Marking the occasion of the publication of these reports, the Ministry of New and Renewable Energy, Government of India stated, “It is the beginning of India’s journey from Onshore to Offshore – A dream comes true.”
Speaking about the project, Ditlev Engel, CEO DNV GL – Energy: “At the start of this project nearly four years ago, offshore wind in India was no more than a distant vision. Today however, India has a specific offshore wind policy, a government actively ’gearing up’ for offshore and local and overseas stakeholders pro-actively considering this new endeavor. These are significant steps to a greener energy future for India.” 
Categories: Energy Government Update Offshore Offshore Energy Wind Power

Related Stories

Bahrain Push for Hormuz Shipping Resolution Hits Hurdles at UN

Drone Strike on Kuwaiti Oil Tanker off Dubai Signals Further Escalation in Gulf

UAE Stands Ready to Join Force to Reopen Strait of Hormuz

Iran War Sends LNG Prices Soaring, Curbing Asia Demand

Oil Falls on Middle East Ceasefire Hopes, Easing Supply Fears

Oil Rises as Iran Denies US Talks, Supply Risks Persist

US Oil Shield Starts Showing Cracks as Iran War Drives Prices Higher

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

Oil Drops 7% After Trump Predicts War Could End Soon

Governments Move to Shield Economies as Oil Jumps 25%

Current News

Oil Hikes 7% after Trump Says US-Israel will Keep Striking Iran

Iran Assures Safe Hormuz Transit for Philippine Vessels

EnQuest Enters Malaysia with Cendramas Production Sharing Deal

Bahrain Push for Hormuz Shipping Resolution Hits Hurdles at UN

Energean Warns Prolonged Conflict May Delay $1B Gas Project

Iran War Reshapes Global LNG Trade

Drone Strike on Kuwaiti Oil Tanker off Dubai Signals Further Escalation in Gulf

INPEX Extends Pertamina LNG Pact, Signs Upstream MoU in Southeast Asia

Chiyoda, NYK, KNCC Target Global CCS Value Chain Development

PV Drilling Names New ‘Super Rig’ ahead of April Operations

Magazine

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com