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Wednesday, 11 March 2015
14:30 - 16:00 Cost reduction: delivering on the promise

Cost & finance  

Room: A12

Session description

The session will create a solid insight into the expectations and potentials of reducing the Cost of Energy generated through Offshore Wind. Introductory presentations by major industry participants and a panel session will describe the expected reduction path and validate the promises made. Suppliers', operators' as well as governmental views will be represented on the panel.

Learning Objectives
  1. Create an understanding for current cost levels and the expected reduction pathway on the European Offshore Wind market.
  2. Create insight into ongoing cost reduction efforts by suppliers and operators.
  3. Understand politicial expectations on the industry and the needed political framework for a successful cost reduction journey.

This session will be chaired by:
Georg Friedrichs, Director, Project Development Continental, Business Unit Renewables, Vattenfall, Germany

Martin Skiba
Consultant and Board Member of the German Offshore Wind Foundation, Germany
An introduction to cost reduction  

Bent Christensen
Head of Cost of Energy and Head of Offshore Engineering, Siemens
The road to below 10 ct € / kWh  

Mats Vikholm
Head of Cost of Electricity & Procurement, Dong Energy, Denmark
Cost reduction: delivering on the promise  

James Beal
Chief Operations Officer, UKTI – Offshore Wind Investment Organisation, United Kingdom
Bringing forward lower cost of energy from offshore wind in the UK  

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