search.noResults

search.searching

saml.title
dataCollection.invalidEmail
note.createNoteMessage

search.noResults

search.searching

orderForm.title

orderForm.productCode
orderForm.description
orderForm.quantity
orderForm.itemPrice
orderForm.price
orderForm.totalPrice
orderForm.deliveryDetails.billingAddress
orderForm.deliveryDetails.deliveryAddress
orderForm.noItems
Onshore


Similarly, onshore wind has been negatively impacted by a rapid consolidation of the market, Barr notes, with only a handful of large turbine manufacturers competing for every project. “What we’ve seen over the past few years is very, very intense price competition for new turbine orders – and that’s part of the thing that’s driven negative profitability,” says Barr. “All of these OEMs are now signalling that they need to increase price in order to offset some of the cost increases they’ve seen in the supply chain – but they’re still competing with each other on these new turbine orders.”


At the same time, we’ve seen the continued evolution of auctions and tariffs for new power generation from wind in Germany, France and Spain. However, these auctions have often gone undersubscribed. “The cost situation has just turned so upside down right now that that many developers are not pursuing the auctions,” explains Barr. An auction in Spain in November saw the lowest-ever award of capacity to onshore wind, with only 45.5MW secured across two projects out of a possible 1.5GW. The long lead time for wind turbine parts, helped in no way by the ongoing global supply chain crisis, has further complicated issues. Wind turbine manufacturers that signed orders a year or two ago, when prices were at a record low, have since been hit by increasing costs, leaving them stuck delivering


equipment at unprofitable prices. At the same time, the industry is dealing with a considerable amount of excess manufacturing capacity left over from 2020, a massive year for wind turbine construction, which has ultimately led to lower profitably and layoffs across much of the supply chain.


The profitability challenges faced by wind turbine manufacturers has driven them to globalise their supply chains in recent years, sourcing labour from low-cost countries, says Barr. However, these cost savings have been outweighed by recent spikes in the cost of logistics. “Shipping blades, towers and drive trains across the world is now much more expensive than it was, which has really outweighed some of the cost savings that they were trying to use by moving into those countries,” Barr notes. “It’s really become a perfect storm for the wind supply chain.” For these reasons and more, Barr notes that most wind turbine manufacturers have had to accept that they won’t be able to return to profitability until the end of 2023 at the earliest. Onshore wind is just one part of this market, but it’s fair to say the next few years will be trying ones unless policymakers work to help address these concerns. After all, we need every tool in our arsenal if we’re going to combat climate change, and onshore wind has a key role to play – if it’s allowed to flourish. ●


Fiber optics for higher data rates over longer distances From the tip of the blade down the tower and across the wind park


As the fourth industrial revolution progresses, data connectivity takes a more pivotal role: information stemming from sensors, data-heavy automation solutions and data analytics must be conveyed over long distances and through challenging environments. High band- widths and low latencies become must-haves.


HUBER+SUHNER ofers a wide range of fiber optic (FO) cables, connectors, cable assemblies, fiber management and cable systems designed for high speed data transmission and harsh onshore and ofshore environments.


Visit the website to learn more about the robust line of HUBER+SUHNER FO connectivity solutions.


hubersuhner.com HUBER+SUHNER_HalfPage_178x124_FO_Dec2022.indd 1 World Wind Technology / www.worldwind-technology.com


Masterline Ultimate (MLU) multi-riser cable


45.5


MW


The total capacity secured across two projects at an auction in Spain in November 2022 out of a possible 1.5GW – the lowest- ever awarded. Renews


Full range of fiber optic


connectors including indoor and ruggedized outdoor


11/3/2022 2:46:28 PM 23


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45