FWS Conference Houston

30th January 2023

Dan Jackson

FOW business case

• Delivery Certainty
• Route To Market
• Offtake

View on 2023 / 2024

Delivery Certainty – Challenge Convention

• Lease, permitting & consenting

Fixed Offshore Wind

Floating Offshore Wind

• Offtake & Financing

• Contracting

CERULEAN WINDS 2
Route to market – Solve the right problem

2022 clarified Generation and

Transmission are not independent

CERULEAN WINDS 3
Offtake – integrated energy scheme
Offshore Onshore

O&G Assets
Timing
PPAs

Timing

UK Grid
e PPAs & VPPAs
Floating Wind
GW ++

Timing
Europe
Grid, PPAs
& VPPAs

CERULEAN WINDS 4
Views on 2023/24

• FOW Business models

• Informed Governments Dan Jackson
• Normalised pricing, tariffs, tax
• Offshore grids
• Hydrogen and Green Fuels