Pierre Pesnel is one of the project directors at TWP Partners and represents Care Group, a major player in both onshore and offshore wind project development. Care Group is currently leading a 30-megawatt pilot project in the Mediterranean, a significant venture for France and the floating wind industry. Pesnel brings a background in finance, legal, and business administration to his role.
Ian Taylor is also a project director at TWP Partners and hails from DEME Concessions, a well-known marine contractor with extensive experience in offshore wind farm construction. Taylor has spent eight years with the company, including time as the UK and Ireland area manager. His experience includes bidding for offshore wind services, providing a unique perspective from both sides of the contracting table.
The Ayre and Bowdun projects are pivotal to Scotland's renewable energy ambitions. The Ayre Offshore Wind Farm is a 1-gigawatt floating foundation project located up to 100 meters deep off the east coast of Orkney. The Bowdun Offshore Wind Farm, also 1 gigawatt, will be situated in slightly shallower waters off the east coast of Scotland, near Stonehaven. Both projects are in their early stages and are expected to commence construction in the early 2030s.
Local communities have responded positively to the Ayre project, particularly in Orkney and Kess, despite the projects being situated a considerable distance offshore. The primary local impacts will be related to onshore elements and the provision of operation and maintenance services. There are significant opportunities for local businesses during both the construction and operational phases, especially in Orkney, where an O&M facility could be located.
Scotland’s offshore wind leasing round is described as historic, with nearly 30 gigawatts of potential capacity. This massive scale creates a launchpad for local businesses to develop and export goods and services. The scale of investment in port infrastructure is also encouraging for investors, providing confidence in the sector's future.
Pesnel shares that from a French perspective, the robust support from the Scottish and UK governments is enviable. The efforts and milestones achieved in the past two years have been significant, and there are valuable lessons to be learned for other countries looking to develop their offshore wind industries. The rapid progress and commitment have set a high benchmark for the industry.
A crucial focus for TWP Partners is maximizing local content and supply chain development. Starting early in the process, TWP Partners, in collaboration with DEME Offshore, is engaging with local suppliers and ports to ensure that local businesses can participate in the projects. This proactive approach aims to avoid past mistakes and ensure that local content is integrated well before financial closure.
The goal is to achieve nearly 100% local supply chain integration, which could not only support Scotland’s energy transition but also position the country as an exporter of industry capabilities. The collaboration with Scottish Development International (SDI) aims to enhance the local industry's involvement, adapting technology from other sectors and encouraging new industries to participate.
The UK’s long-standing support for offshore wind, combined with a stable legal and financial framework, has fostered confidence among investors. The scale of the projects and the investment in port infrastructure further bolster this confidence. The UK's commitment to offshore wind makes it an attractive location for large-scale investments.
The Ayre and Bowdun projects aim to significantly contribute to Scotland’s 2045 net-zero target, maximize local opportunities, and create lasting jobs. The success of these projects is expected to serve as a model for future developments both within the UK and internationally.
The route to market for these projects involves securing Contracts for Difference (CfDs), with an expected timeline around 2028. Alternatives such as private Power Purchase Agreements (PPAs) and potential hydrogen routes are also being considered. The focus remains on securing stable and profitable routes to market while navigating the complexities of the offshore wind sector.
The involvement of DEME Concessions as a tier-one contractor will drive the local content agenda. Discussions are ongoing with local suppliers and international companies looking to establish facilities in Scotland. This approach aims to integrate local capabilities into the projects, from fabrication to equipment supply.
Both Pesnel and Taylor express a deep personal connection to the energy transition. For Pesnel, it's about pride and conviction, contributing to a significant global cause and ensuring a better future for the next generations. Taylor shares a similar sentiment, emphasizing the impact of contributing to sustainable energy solutions and the personal satisfaction of being part of such a transformative industry.
In closing, both guests encourage listeners to get involved in the energy transition. The industry offers numerous opportunities, whether starting a career or joining established companies. Their message underscores the importance of contributing to a global effort and the rewarding experience of being part of a transformative movement.