By Audun Martinsen, partner & head of energy service research, Rystad Energy
The Omicron virus variant has plunged the world into yet more uncertainty in recent months – but even so, 2021 will be remembered as the year when the pandemic loosened its grip on global energy markets and the supply chain could start to recover from last year’s 14% drop in global energy spending. Investments grew 7% this year, putting economies, energy demand and the supply sector on the road to recovery.
The offshore supply chain is crucial for the energy sector’s goal of achieving net zero, with commitment to a smooth energy transition and relevant opportunities from industry leaders vital to reach carbon neutrality, writes David Hutchinson, director with engineering and manufacturing specialist Pryme Group.
Aker Offshore Wind and Ocean Winds have promised a £235 million early investment package to support Scotland’s renewable energy supply chain, as part of their joint bids for the ScotWind offshore leasing round.
Ocean Winds (OW) and Aker Offshore Wind (AOW) have pledged to create thousands of high-skilled jobs in Scotland if they're given the green light to build what would be the UK’s largest floating offshore wind development off the north-east coast.
By John MacAskill, operations director of London-headquartered Offshore Wind Consultants
It was recently reported that countries are lining up for wind turbine manufacturing plants to increase local content in their domestic markets. Siemens Energy AG expressed fear about global supply chains being balanced with bringing local content. Does this precede possible bottlenecks in supply and so act as a drag on offshore wind deployment targets?