b'SEPTEMBER 27 - OCTOBER 10, 2021PROJECT CARGO BI-ANNUAL13(ACTcontinued from page 9) (OUTLOOKcontinued from However,otherscautionthatthesepage 11)current vessels may be too old to war- discharge the vessel the next day.All rantthenecessarymodificationsforthe qualified local crane operators had offshore wind. Add to this the greaterCOVID-19 or COVID-19 symptoms. wear-and-tear of offshore wind farmThe expected big impacts for us were: a installation compared to oil and gasvessel on demurrage and a lot of truck because a vessel must be jacked upwaiting time.However, the stevedor-far more times.ing company worked hard and, happily (PICTUREcontinued from page 6) just a drop in the bucket compared toWill there be a flurry of Jones Act- forus,theyfoundaqualifiedcrane newrecordyearin2021,asChinathe 71,000 gigawatts of offshore windcompliant installation vessels? Legis- operator within several hours.alone is expected to install 7.5 giga- potential that exists in the world todaylatorsarecertainlypushingforthisTherehasbeencongestionat watts this year. and goes largely untapped. to happen. Congress added languageLong Beach, California for monthsWindpowerisacrucialpillarStepped-uptargetsandpolicytothefiscal2021NationalDefensethis has repercussions.The ocean car-oftheBidenadministrationsinfra- changescouldmakeadifferenceinAuthorizationActthatspecificallyriers do not always know when their structure program, noted Feng Zhao,closingthatgap. TheGWECreportsaid the Jones Act should be appliednominated berth is going to be free. GWECs head of market intelligencefoundthatcurrentglobaltargetstoinstallationsandotherdevicesFor exports of some sensitive cargoes and strategy. Currently, wind poweraccount for 560 gigawatts, while thepermanentlyortemporarilyattachedthis may mean that the trucks cannot supportsover120,000jobsandhasworld needs 2,000 gigawatts of off- to the seabed for use in the develop- deliver to the port until just before the brought in over $65 billion over theshore wind capacity by 2050 to have ament and production of non-mineralship is in.That can represent a lot of past five years in the U.S., he said.chance of keeping global temperatureenergy resources. truck waiting time costs.The oppo-The offshore wind market could gen- increasesunder1.5Cpre-industrialSome compare the decision-mak- sitecanalsoapply,wheretheship erate an additional $166 billion in newlevels, the goal specified in the Parisingprocesstooffshoreoilandgasoperatorispessimisticaboutwhen investment through 2022 and supportclimate agreement. explorationintheGulf,whichhastheir ship can dockand they are sur-another 80,000 jobs by 2035. Offshore winds decarbonizationlargelyreliedonfeeder-typework- prised to get in earlier and we are not Globally, 35 gigawatts of capacitypotential is being recognized by coun- arounds. However, Payne added, off- updated until very late in the day, and are currently installed, and the GWECtries around the world, said Zhao, butshore wind is far more political thanhence miss the ship.reportforecaststhat235gigawattsoverly complex permitting proceduresthe mature oil and gas industry. ThereEarly in the pandemic, when we ofadditionaloffshorewindcapac- remain a critical market barrier. is a big incentive and a focus on coun- were in lockdown and working from itywillbeinstalledoverthenextThe GWEC report calls for policytry value, and thats whats the JoneshomeweekafterweekIthought, decade,assumingthatcurrentpoli- changesintheformofstreamlinedAct is all about, he said. So, I wouldThankfullywehavemanygood cies continue. That will bring capac- planningandpermittingregimes,expect a strong preference to be givenagentsoverseas.Ourconcepthas ity to nearly eight times the currentreducedredtape,andanoverhaulto transact compliant vessels. alwaysbeentobeon-siteforlarge market size, but way below the capac- of power grids and other infrastruc- James Fishers Dronfield believescargoes at the key intermodal points ity required to meet net-zero climatetures. To achieve international cli- arelianceonJonesActshipswillin Canada, the USA or overseasbut targets by 2050. mate targets, said Zhao, a sensibleserve as an additional benefit to thenow this was not possible. What we Theworldhasinstalledonlyand positive regulatory environmentindustry.Staunchimplementationand many others have discovered was 2% of the offshore wind capacity thatneeds to be in place to ensure suc- of the Jones Act will make the nextthatconceptualabilityandreliable will be needed by the middle of thiscessfulprocurementandsmoothfew years tough, but they will ensureconnections were more important than century to avoid the worst impacts ofprojecttimelinesforbothonshorea relatively speedy localization of thebeing on-site, for now.Of course, a climatechange,saidZhao.Thatsand offshore wind.industry, he said. goodinternetconnectionwasvital. 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