Over the past two decades, European public policies have supported the renewable industry so it could become competitive in a deregulated electricity markets environment. With the rolling-out of multi-gigawatt pipelines, the growth of the industry and the involvement of many energy companies, offshore wind has now become a mature industry able to compete with other conventional electricity production technologies. Therefore, in the recent years, public policies have shifted to make the allocation of project more competitive through public tendering. The shift has been beneficial to both the interests of the consumers and taxpayers, as well as the risk-averse industrials who build renewable energy power plants.
So today, with highly competitive public tenders, it’s essential to identify and optimise projects across the whole value chain whether technical, contractual, or financial. This requirement of combined skills is the key to success in public tenders and further democratise offshore wind. We believe the best way to achieve this combination of skills is to assemble the most complementary partnership of people and experiences.
Therefore, market-leading Equinor, Q ENERGY France and Green Giraffe have decided to join forces. With its industrial, development and financial experience, Océole offers the most experienced, knowledgeable and ambitious partnership to bring sustainable, affordable and reliable energy to all.