Day One Wednesday 26th May 2021 Live Conference Program (US Eastern Time) | ||||
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Start time | End Time | Format | Session Title | Topic |
09:00 | 09:15 | Presentation | State of OSW in 2021 |
Outlook |
With up to 30GW of offshore wind installation expected by 2030, what are the challenges and opportunities facing the industry? What does this mean for investors, developers, regulators, and suppliers? Review the state of US offshore wind in 2021, the key challenges ahead, and proposed solutions to unleash investment in leases, supply chain, transmission, development, and local workforce. |
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09:15 | 10:15 | Panel | The Biden Administration- Winds of change. |
Federal Policy |
How does the change in Administration impact the direction of wind power development off America’s shores? What are the latest developments in personnel and policy? |
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10:15 | 10:30 | Pres/Interview | Investing in the supply chain. |
Supply Chain |
Learn what it takes to build a world-leading OSW supply chain to supercharge US economic growth and job creation. |
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10:30 | 11:30 | Panel | A new day for global markets? International cooperation on climate and energy policy |
Markets |
A new administration in Washington brings with it the potential for international cooperation on climate and energy policy. What are the chances for US-European cooperation? How will changes to global trade and investment policies favor offshore wind development? |
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11:30 | 11:45 | Pres/Interview | BOEM Siting and Leasing- Atlantic & Pacific Status Update. |
Federal Policy |
Receive a concise update from BOEM about their siting and leasing priorities for the Atlantic and Pacific coast and how it impacts the 30 GW by 2030 projected pipeline. What immediate challenges are expected in 2021/2022 that may impact projects? |
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11:45 | 12:45 | Panel | Transmission & interconnection coordination and planning strategy. |
Transmission |
East coast states have a goal to develop almost 30GW of offshore wind by 2030. However, big issues remain. Should the industry take a centralized or decentralized approach to developing offshore wind transmission and interconnections? How should costs be shared among key stakeholders? And what are the implications of divergent state policies and planning processes on multi-state RTOs? |
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12:45 | 13:15 | Pres/Interview | Mitigating project risk- Managing resources, transmission, and supply chain. |
Risk |
The first wave of projects will face unique challenges and opportunities. How can developers mitigate the risk that comes with trail blazing? How can resources be managed and coordinated to create efficiencies in the supply chain, transmission, interconnections, and workforce development? |
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13:15 | 14:15 | Panel | The States: Where the action is. |
State Policy |
While consensus for action has been halting in Washington, DC, state leaders have been advancing the offshore wind industry. How are states navigating the competing priorities for time and resources that came their way in 2020, such as COVID response, racial justice, and income inequality? What is the latest and where are they headed? |
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14:15 | 14:30 | Pres/Interview | The techno-economic perspective on US offshore wind. |
Economics |
Cost and technology advancements in offshore wind play a crucial role in shaping the business case for US offshore wind projects and policy. What do LCOE projections look like? What efficiencies can and will be achieved through technology? |
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14:30 | 15:30 | Panel | Permitting solutions for greater efficiency. |
Permitting |
Securing permits for the construction of US wind farms remains a complex and largely untested topic. An OSW lease auction kicks off a chain of events that could last up to 10 years, including around two years of planning and five years of site assessment and surveys. How can this process be optimized to deliver the projected 30GW of capacity by 2030, whilst safeguarding the natural environment? The panel will propose solutions to optimize the process and understanding the environmental impacts of offshore wind farms, taking on board lessons from the Vineyard Wind 1 project, among others. |
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15:30 | 15:45 | Presentation | Executive summary and key findings. |
Outlook |
Receive an expert’s summary of the key challenges and solutions presented throughout Day 1. |
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15:30 | 16:30 | Networking | Virtual Networking | N/A |
Day Two Thursday 27th May 2021 Live Conference Program (US Eastern Time) | ||||
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Start time | End Time | Format | Session Title | Topic |
09:00 | 09:15 | Presentation | Global and US OSW markets outlook |
Outlook |
Analyze the projected capacity for US and global offshore wind in 2021 and beyond. Review key investment and technology trends for fixed and floating projects. Identify key markets trends, lease opportunities and risks against your capabilities Build a business case for your offshore wind ventures. |
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09:15 | 10:15 | Panel | Turning momentum into action in 2021. |
Markets |
After a decade of positive momentum, the sector is poised to boom. Now it is time to turn the years of positive momentum into movement and accelerate the project pipeline. But what is the likely scale of growth over the next decade? And what is the relative importance of the factors that are going to push it forwards or hold it back, such as aggressive procurement targets, competitive procurement strategies, contracting practices, tax support, and transmission access? In this session, developer, statesman and key stakeholders will discuss se issues and present actionable solutions to build a sustainable and thriving US offshore wind industry and world-leading supply chain. |
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10:15 | 10:30 | Pres/Interview | Financing US OSW mega projects- how will it shake out? |
Finance |
Until the first utility-scale project is approved with a COP, financing US offshore wind is still unknown territory. What are the debt and equity lenders’ perspectives on offshore wind projects and what is their appetite for risk? What kind of finance structures are developers pursuing? What financing support mechanisms will be available in 2021? Join this session to hear an expert’s account on how the financing of complex multi-billion-dollar US offshore wind projects will shake out. |
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10:30 | 11:30 | Panel | Breakthroughs in floating wind to unlock new markets. |
Workforce |
Floating wind farms will eventually unlock the US west coast as well as untapped deep waters around the globe. But new technology brings many challenges. Is it scalable? Is it bankable? Do the economics of projects work? What are the environmental implications of the different floating foundation technologies and project configurations? This session will bring together the foremost experts on floating wind technology to discuss technological breakthroughs and lessons from pilot projects, with a view to chart the path to commercialization. |
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11:30 | 11:45 | Pres/Interview | Navigating the political landscape on offshore wind in 2021. |
Federal Policy |
The Biden administration promises climate action through the green recovery and build-back-better infrastructure plan. Learn how the nuances of wider federal plans will unlock further market development in 2021 and how institutional resources will be allocated to administer the planning and processes needed allow the US offshore wind industry to get on its feet. |
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11:45 | 12:45 | Panel | Congress and offshore wind- A unique chance for cooperation? |
Federal Policy |
In an era of partisan polarization, offshore wind presents a unique opportunity for bi-partisan cooperation on public policy. What are the chances for advancing a long-term policy for offshore wind development at the federal level? How might the Green New Deal and Infrastructure bills affect the industry? |
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12:45 | 13:00 | Pres/Interview | Interstate RTO's perspective on transmission planning and cost allocation. |
Transmission |
Divergent state policy adds a layer of complexity to the transmission conundrum for multi-state RTOs along with cost allocation challenges. Do current cost allocation methodologies make sense? Should we continue doing the same or can they be simplified? Is there a more optimal approach than the current planning processes? Tune into this session to hear the multi-state RTO perspective. |
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13:00 | 14:00 | Panel | The next step for the supply chain- Opportunities, outlook, and local content. |
Supply chain |
The anticipated US offshore wind supply chain boom, projected to generate nearly 30GW of power in seven East Coast states by 2030, presents a $70 billion CAPEX revenue opportunity to businesses in the US supply chain. This session will bring together key stakeholders to discuss the supply chain outlook, opportunities for new market players, how to coordinate resources and mitigate risks to achieve critical project milestones. |
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14:00 | 14:15 | Pres/Interview | Unlocking Development Potential in the US. |
Markets |
The US has an abundant offshore wind resource. How can we unlock further development potential through effective siting and leasing strategies? What are the opportunities for new market players and independent power producers? And what ways can we unlock new value from projects? Join this session to hear an expert’s perspective on market development strategy for US offshore wind. |
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14:15 | 15:15 | Panel | Coordinating & optimizing east coast ports. |
Ports |
Building a regional coordinated and efficient supply chain comprising optimized ports and manufacturing sites is a crucial step for the offshore wind industry. How can supply chain building be sequenced to achieve greater efficiency and reduce project cost? This session will discuss the key infrastructure milestones and decisions that have been made so far, and present solutions to solve the chicken-and-the-egg paradox. |
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15:15 | 16:15 | Pres/Interview | Executive summary and key findings. |
Outlook |
Receive an expert’s summary of the key challenges and solutions presented throughout Day 2. |
Format | Session Title | Topic |
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Presentation | Cost Allocation Challenges for US OSW Transmission | Transmission/Interconnection |
Presentation | Floating Wind Project Updates | Global Floating Wind Project Updates |
Presentation | LCOE reduction and efficiency through next generation turbine technology | Technology |
Presentation | Marine logistics solutions | Marine Logistics |
Presentation | Wind + Hydrogen- opportunities for new market growth | Hydrogen |
Presentation | Reliable Inter array cable technology and installation solutions to reduce project LCOE | Cables |
Presentation | New models for construction: Turbines and foundations. | Construction |
Presentation | Efficient Foundation Solutions to overcome US challenges | Foundations |
Presentation | Installation vessel capabilities and solutions | Marine Logistics |
Presentation | Federal strategic plan on offshore wind. | Policy Presentation The Fisheries Perspective Fisheries |
Presentation | Understanding litigation risks in US offshore wind | Risk |
Post event workshop | Building and Training the Workforce to Realize the Economic Benefits of OSW. | Workforce & Training |
Presentation | Massachusetts and Rhode Island | Outlook |
Presentation | Maryland | Outlook |
Presentation | Maine | Outlook |
Presentation | Virginia | Outlook |
Presentation | New York | Outlook |
Presentation | New Jersey | Outlook |
Presentation | California | Outlook |
Presentation | R&D Collaboration & Funding Initiatives | R&D |
Presentation | TBA | US OSW Project Updates |
Presentation | TBA | US OSW Project Updates |
Presentation | TBA | US OSW Project Updates |
Presentation | TBA | US OSW Project Updates |
Presentation | TBA | US OSW Project Updates |
Reuters Events will host a series of content in various formats throughout 2021 to tackle the industry’s key challenges and create opportunities to accelerate US offshore wind market development.
If you wish to become a speaker or sponsor of one or more items in this offshore wind content series, please contact Marsha Irving, Head of Strategic Partnerships at Marsha.Irving@thomsonreuters.com or contact Adam Minkley, Conference Director at Adam.Minkley@thomsonreuters.com
Topic | Event | Format | Audience |
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Permitting | US OSW Permitting Accelerator- B-line to Streamline. |
Workshop/Webinar/Seminar | Up to 1,000 attendees |
Despite encouraging signs of progress in US offshore wind project development, securing permits for the construction of wind farms remains a complex and largely untested topic. An OSW lease auction kicks off a chain of events that could last up to 10 years, including around two years of planning and five years of site assessment and surveys. This forum will map out the permitting process, analyze lessons learned from the Vineyard Wind 1 project, and provide recommendations for how to streamline the process quickly and efficiently to deliver a project pipeline that will spur further investment in projects, supply chain, infrastructure and workforce.
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Project Development | US OSW Development Accelerator- Turning Momentum into Action. |
Workshop/Webinar/Seminar | Up to 1,000 attendees |
After years of positive momentum, there is one subject that all commentators on the US offshore wind industry agree on: the sector is going to undergo rapid expansion over the next decade. What does provoke argument is the likely scale of this growth, and the relative importance of the factors that are going to push it forwards or hold it back. We know which policies and investments will elicit offshore wind development. Aggressive procurement targets, competitive procurement strategies, contracting practices, tax support, and transmission access can all ensure offshore wind becomes a boon for US consumers and climate goals. Now it is time to turn the years of positive momentum into movement and accelerate the project pipeline. In this session, developers and statesman will present actionable solutions to build a sustainable US offshore wind industry and world-leading supply chain.
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Topic | Event | Format | Audience |
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Market Development | US Offshore Wind 2021 Online, May 27th-28th |
Virtual 2-day conference | Up to 10,000 attendees |
Your gateway into US offshore wind markets is here. USOW21 will unleash US offshore wind's true potential in 2021, placing it at the heart of America's aggressive green recovery and build-back-better infrastructure plan. Entering its 6th year, USOW has grown into America's largest networking hub for businesses that are looking to invest, find partners and secure contracts in multi-billion-dollar US offshore wind projects. Moreover, the conference has become the world's stage for industry-defining policy updates on US OCS leasing and permitting activity. The US offshore wind industry boom, projected to generate nearly 30GW of power in seven East Coast states by 2030, presents a $70 billion CAPEX revenue opportunity to businesses in the U.S. supply chain. However, it doesn't stop there. 2000 GW of offshore wind resource remains untapped. With such unrealized potential and a clear need for rapid industry expansion under the new Biden administration, this event covers everything you need to know about US offshore wind policy and markets. The event will resolve development bottlenecks and facilitate a multitude of supply chain matchmaking activity. Helping you to meet every major developer, investor, contractor, supplier, manufacturer, policy maker, and key stakeholders. |
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Finance | US OSW Financing Accelerator- options, risks, and innovations. |
Workshop/Webinar/Seminar | Up to 1,000 attendees |
Finance experts believe US offshore wind will have the best credit quality for renewable energy projects compared to anywhere in the world given their long contracts and similar operational output capacity are like those in Europe. This session will discuss how the perception of risk and risk appetite amongst lenders have changed. Namely risks associated with policy, supply chain, construction, permitting, technology, and market capacity.
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Floating Wind | Global Floating Wind Commercialization Accelerator |
Workshop/Webinar/Seminar | Up to 1,000 attendees |
It is widely accepted that the future of offshore wind technology will be floating. According to GWEC’s Global Offshore Wind Report 2020, floating offshore wind will reach full commercialization by 2030 with at least 6 GW installed globally. Turbine technology is also set to improve in both efficiency and resilience, resulting in LCOE reductions and increased adoption. What can be done to accelerate the pathway to commercialization? This session will bring together the leading experts to present viable solutions to accelerate floating wind market expansion and unravel the issues surrounding technology readiness and risk mitigation, standardization, and industrialization, LCOE reduction pathways, environmental impacts, and most importantly, strategic collaboration among key stakeholders.
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Workforce Development | Building and Training the US Offshore Wind Workforce. May 28th |
Workshop/Webinar/Seminar | Up to 1,000 attendees |
Coming soon. |
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Finance | Tax Equity Financing for US offshore wind projects. |
Workshop/Webinar/Seminar | Up to 1,000 attendees |
The extension of the ITC was a welcomed certainty in the tax code that the industry needs to Tax Equity Financing for US offshore wind projects
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Topic | Event | Format | Audience |
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Transmission | US OSW Transmission Planning Accelerator. |
Workshop/Webinar/Seminar | Up to 1,000 attendees |
East coast states have a goal to develop 29 GW of offshore wind by 2030 but big issues remain such as whether the industry should take a centralized or decentralized approach to developing offshore wind transmission and interconnection; and how should costs be shared among key stakeholders. Divergent federal and state policy adds another layer of complexity to the transmission conundrum. This session will lay bare the challenges and lessons learned by key stakeholders to date, with a focus on developing actionable solutions more efficient transmission and interconnection policy and planning processes. Massachusetts Legislation Allowing State to Direct Utilities to Procure OS Transmission
New Jersey BPU Request for PJM to Implement the State Agreement Approach
New York OS Transmission Perspective
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Finance | Lessons in Financing $multi-billon US OSW. |
Workshop/Webinar/Seminar | Up to 1,000 attendees |
As the first commercial scale offshore wind project, Vineyard Wind 1, commences construction, what lessons can be learned about how was the deal structured? How might future projects be structured? This session will bring together key financing stakeholders to discuss ideas and chart the path to financing the next multi-billion-dollar projects.
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Wind + Hydrogen | Offshore Wind-to-Hydrogen Accelerator: Unlocking new market growth. |
Workshop/Webinar/Seminar | Up to 1,000 attendees |
Wind-to-hydrogen complements offshore wind perfectly. It aids the integration of more offshore wind by avoiding curtailment or constraint due to the lack of transmission capacity and decouples renewables power generation.
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Topic | Event | Format | Audience |
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Finance | Tax equity financing for US offshore wind projects in 2022 and beyond. |
Workshop/Webinar/Seminar | Up to 1,000 attendees |
Tax equity finance will play a crucial role in helping US offshore wind projects get on their feet. In this session tax equity experts will discuss how to make these deals happen.
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O&M | O&M Cost Reduction Strategies for US offshore wind projects |
Workshop/Webinar/Seminar | Up to 1,000 attendees |
Operations and Maintenance is expected to account for nearly one-third of offshore wind’s costs in the US, and consequently, there is a large potential for reducing these through advanced O&M strategies. This panel of experts will propose how this can be done.
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Stakeholder Engagement | Sharing the Ocean with offshore wind. |
Workshop/Webinar/Seminar | Up to 1,000 attendees |
Coming soon. |