Even though in Europe, offshore wind energy has been gaining momentum over the past several years, in Greece there are neither operational nor very mature offshore wind projects. However, the Greek Government aims to add 28 GW of capacity from renewable sources by 2030 where 2.7 GW is expected to come from offshore wind. The regulatory framework in Greece is expected to be adopted in 2023 with the submission for permits (exploration licenses) expected in 2024. Thus, the Greek offshore wind market is slowly starting to take off, with investments up to 7 billion Euros expected to be deployed in offshore wind by 2030.
The project will identify the missing parts of the Greek Offshore Wind supply chain and propose what needs to be done in order to effectively establish and strengthen this supply chain, while promoting the cooperation between Greek and Norwegian businesses.
Preliminary analysis shows that the Greek and Norwegian supply chains have different strengths and capabilities. Thus, it is the project's approach to establish a partnership between the Norwegian and Greek companies to create strong synergies and commercial opportunities among them.
Specifically, the project will:
i) describe the full supply chain road map and its associated benefits,
ii) create an overview of where Greek and Norwegian businesses fit into the offshore wind supply chain and
iii) analyze the Greek and Norwegian strengths in the offshore wind market.
In addition, the project will also identify possible bottlenecks and challenges for the growth in the Offshore Wind Supply Chain and how these can be tackled so that the first pilot OWF projects, as well as the first exploitation licenses for offshore wind are delivered on time. For this analysis, the project will also involve companies that are considered to belong to "secondary" supply chain sectors, such as cranes and tugboats operators and the cables industry.