Dong, MHI Vestas, Siemens Sign ‘United Industry’ Declaration

Three of the biggest names in the offshore wind industry have initiated a joint declaration – called ‘United Industry’ – as part of a commitment to reducing costs in the sector.

Dong Energy, MHI Vestas and Siemens Wind Power and Renewables have pledged to undertake joint and individual actions across the whole of the value chain to deliver “major long-term and tangible advancements”.

Michael Hannibal, CEO Offshore of Siemens Wind Power and Renewables, said: “Cost reduction remains a top priority of the offshore wind industry. We need to create profitable investments for offshore projects independent of subsidies. In a united industry, all stakeholders across the whole value chain are equally responsible to contribute and deliver. Siemens takes full ownership of this challenge. If we all do that, we will win.”

Claus Hviid Christensen, Vice President in DONG Energy Wind Power, said: “For offshore wind to realise its full and significant potential, we need to continuously reduce the cost of electricity. The good news is that we are indeed on the right track, and we are already seeing the industry taking important steps forward with an impressive pace. With a clear political framework for the development of offshore wind power after 2020, I am confident that we will meet our target of making offshore wind fully competitive with alternative energy technologies.”

Jens Tommerup, CEO of MHI Vestas Offshore Wind, said: “MHI Vestas Offshore Wind is committed to building powerful partnerships, leveraging on technical expertise and financial strength across the industry and driving down the cost of offshore wind. We have the markets’ most powerful product, we have added renewed competition to the offshore wind sector and our collaborative approach in optimising the supply chain represents three of the four pillars of cost reduction.” 

Source: EWEA; Image: MHI Vestas (Illustration)