FTI INTELLIGENCE
Wind Energy Services
CRITICAL THINKING AT THE CRITICAL TIME™
About
FTI Intelligence
• FTI Consulting offices
FTI Intelligence provides a series of data-driven publications evaluating
competitive markets, policy, finance, technology and business models
across the energy spectrum.
Derived from our comprehensive databases, local knowledge,
and the opinions of leading industry experts and an extensive
network of professionals, these publications deliver a powerful
combination of strategic insight and reliable market forecasts
for both established and emerging markets.
The energy market is highly complex with a structure that is
continually evolving. FTI Intelligence has a team of seasoned
energy industry experts providing in-depth analysis of these
market dynamics. The FTI-CL Energy team is a collaboration
between experts from Compass Lexecon and FTI, in the fields
of natural gas, electric power, renewables and other forms of
energy, bringing together industry expertise and economic
skills from the two entities. The foundation of our analysis is
a combination of demand- and supply-side data and a deep
understanding of technology, regulation, key sector players
and the competitive landscape to forecast developments
across the energy industry.
Our Subscriptions
Our Consulting Services
FTI Intelligence’s new clean energy subscriptions service is
a data-driven research and intelligence platform designed
to provide key insights on the latest trends and events in the
renewable energy sector. Delivered by a best-in-class team
of research analysts and experts, the service provides a
combination of comprehensive stand-alone industry reports,
regular research notes, databases and surveys, as well as
specialist reports on emerging themes.
FTI Intelligence’s team of clean energy consultants offer tailored
consulting services, drawing upon deep sector expertise and
proprietary databases, to help clients navigate through market
complexities and opportunities. Our experts are regarded as
thought leaders in their respective fields and provide expertise
in policy, strategic market entry, M&A, asset valuation, business
planning, O&M strategy support, due diligence (technical,
financial, commercial and regulatory), project finance and
restructuring, dispute resolution and mediation.
Intelligence Offering – Unique expertise across energy markets:
Our team provides consulting in the following areas:
Markets
Competition
Energy price forecasts
Key trends
Regulation
Current policy
Expected developments
Market impact
Companies
Performance
Strategy
Competitive positioning
M&A
Technology
LCOE
Performance
Pricing
Position
Finance
Finance & models
Innovation & competitive landscape
Availability (supply & demand)
•M
arket scoping, sizing and forecasting – market
segmentation by technology, scale, geography and end use
• Benchmarking analysis
•C
ompetitive market intelligence – fuel and power demand,
capacity additions and refinements
• Regulatory review and market design
•S
upply chain analysis, technology forecasts and
learning curves
• Business plan and strategic market entry review
• Due diligence and M&A activity
• Price forecasting – fuel, power and carbon price modelling
• Disputes and competition issues
Access to Industry Leading Experts
2
FTI Consulting, Inc.
FTI Intelligence
Subscription Offerings
Number
Reports
to be published
per year
Market Sector Reports
Basic
Corporate
(€5,000)
(€15,000)
3
Global Wind Market Update
Q1
Global Wind Market Update - Forecasts Update
Q3
Global Wind Supply Chain Update
Q2
Specialist Reports
3
Innovative Financing of Offshore Wind
Q3
Innovations in Storage Technology
Q4
Q2
Global Finance Review
Emerging Market Reports
FTI Intelligence Spark – Energy Insights
Databases
4-6
Quarterly
40 to 50
Weekly
8
Q1, Q3
Wind Market Demand (Installation) Forecasts
OEM Market Share Rankings
Q1
Wind Asset Ownership Rankings
Q1
Key Wind Turbine OEM Profiles
Q1
Key Wind Turbine Component Supplier Profiles
Q1
Geographic Distribution of Turbine OEMs
Q2
Global Supply Chain Database
Q2
Global Offshore Project List
Q3
Analyst Hours - Access to Industry Leading Experts
Ad Hoc
Surveys
Ad Hoc
2
Wind Turbine Pricing and Satisfaction Survey
Q2
O&M Service Market
Q3
Events (Webinars, Conferences, etc.)
6
Update – Demand
& Supply
Reports include market forecasts, supply
and demand analysis, supply chain analysis,
policy and market analysis, market share
rankings, and asset-owner rankings.
MHI’s digital hydraulically
driven offshore wind
Gl. Kongevej 1
1610 Copenhagen
Denmark
Phone: +45 3342 2658
CONTACTS
Feng Zhao
feng.zhao@fticonsultin
g.com
turbine, MWT167H/7.0,
at the Hunterston Test
Centre, the UK
200 Aldersgate,
Aldersgate Street
London, EC1A 4HD
United Kingdom
Phone: +44 20 3727
1000
Fax: +44 20 3727 1007
Aris Karcanias
aris.karcanias@fticons
ulting.com
Victor Musuku
victor.musuku@fticons
ulting.com
Athanasia Arapogianni
athanasia.arapogianni@
fticonsulting.com
Copyright © Mitsubishi
Heavy Industries, Ltd
1001 17th Street
Suite 1100
Denver, CO 80202
United States
Phone: +1 303 689
8800
Fax: +1 303 689 8803
Chris LeWand
chris.lewand@fticonsu
lting.com
Frank Baumgardt
frank.baumgardt@ftico
nsulting.com
Images featured represent
the top five wind turbine
suppliers in 2014
MARCH 2015
Global Wind Market
Update –
Demand & Supply 2014
Published by FTI Consulting
LLP
Copyright © FTI Consulting,
Inc., 2015
www.fti-intelligence.c
om
ISBN: 978-0-9928979-2-5
Specialist Reports
and Emerging Market
Reports
Spark notes are concise, high-value added
assessments of key events and to give key
decision makers a view of the future impact of
key market, regulatory, technology and
financial events and changes.
INDUSTRY BACKGROUND
promotion of co-operation
The “Belt and Road”
initiative
establish the Asia Infrastructure
environmental protection in
refers to the Silk Road
Investment Bank (AIIB).
industries, as well as
Economic Belt and the
The AIIB
the
21st
will have authorised
promotion of in-depth
Century Maritime Silk
capital of
coRoad. The operation
US$100 billion and
initiative was introduced
with other countries
the
by
agreement to create
along the “Belt and
Chinese President Xi
it was
Road”
Jinping
signed by all founding
new energy technologies. in
against a background
countries
of
on 29 June 2015. The
The Chinese Government
Chinese economic growthslow
bank
has
expected to be in operation is
and
also set up the Silk
the challenge of manufacturing
at
Road
the end of this year.
Infrastructure Fund
overcapacity for domestic
to
implement this national
industries. With the
goal
Strong wind industry
development strategy
reviving the centuries-oldof
growth in
and
China led to significant
provide financial support
trading routes linking
to
Asia,
investment in manufacturing
assist Chinese firms
Europe and Africa, the
in entering
Chinese
capacity by more than
markets along the Silk
government released
80 local
Road.
the
Chinese companies
The fund expects to
and Road” action plan “Belt
in the
raise
on 28
period of 2006-2008.
US$40 billion mostly
March 2015.
Excess
from its
capacity has resulted
US$3.84 trillion foreign
and
become one of the major has
exchange reserves.
Elements of the plan
In addition,
that will
challenges facing the
to address regional
help boost renewable
domestic
energy
wind industry since
infrastructure bottlenecks
related business include
2009.
and
Internationalisation
capital constraints,
connectivity of transport the
and turbine
China
exports have therefore
created a joint venture has
energy infrastructure, and
become
with
the
a strategic priority for
another 56 countries
the major
to
local turbine manufacturers.
China's "Belt and Road"
initiative
7%
Belt
July 2015
12%
Total exported
Chinese turbine
by end of 2014
(% of 1,546 MW)
17%
Chinese wind turbine suppliers
would benefit from the
Silk
Road Infrastructure Fund
and
Asia Infrastructure Investment
Bank
Infrastructure and resource
development along the
old
trading routes is likely to
boost
the export of Chinese wind
turbines to Central Asia,
South
Asia, Europe and Africa
Chinese OEMs with proven
and
certified wind turbine
technologies, overseas
experience and strong
ties with
state-owned EPC
contractors/developers
involving in energy
infrastructure development
abroad are expected to
gain
more orders than their
rivals
EXPERT
3%
11%
Silk Road Economic
21st Century Maritime
Silk Road
Countries with Chinese
turbine installed
Source: FTI Intelligence,
SUMMARY
“Belt and Road” initiative
shows the political will
to
support Chinese companies
doing business abroad
23%
27%
Europe
North America
Africa
Pacific region
South America
Asia
Middle East
Feng Zhao
Director
+45 3342 2658
Feng.zhao@fticonsult
ing.com
@FTIConsulting
www.fticonsulting.com
Databases
Seven (8) Databases per year.
London Array I, United
Three (3) Specialist Reports and four (4) to six (6)
Emerging Market Reports per year.
China's “Belt and Road”
initiative to
boost Chinese wind
turbine exports
30 July 2015
40 to 50 Spark notes per year.
2014
Three (3) Market Sector Reports per year.
At key industry events
Spark – Energy Insights
Global Wind Market
Market Reports
Kingdom, 630 MW,
the largest offshore
wind power station
Innovative Financing
of Offshore Wind
©London Array Ltd.
APRIL 2014
Specialist reports will cover special interest
themes pertaining to clean energy such as innovation in storage
technology and finance. Emerging market reports will provide a deep
drive into key clean energy emerging markets and cover regulatory
developments, market structure, supply chain, power market
development, LOCE forecast, project pipelines and market forecasts.
Offshore_wind_report_covers.in
dd 1
08/04/2014 15:36
Frequency
Databases will contain FTI
Intelligence’s proprietary data
and forecasts on all key
markets and participants
including installation forecasts, market share data
for OEMs and asset owners, geographic distribution of turbine
OEM and component suppliers, key market participant profiles
and global offshore project pipeline.
FTI Intelligence
FTI Consulting, Inc.
3
Representative
Clients
Key
Contacts
Aris Karcanias | Co-Lead of Clean Energy practice
Chris LeWand | Co-Lead of Clean Energy practice
[email protected]
[email protected]
• Strategic market entry, policy, M&A, dispute advisory
• Supply chain, technology and
commercialisation expert
•E
xpert in M&A, strategic & financial planning,
performance improvement, business valuation,
restructuring, interim management (CFO/CRO)
Ben Backwell | Managing Director
Robert Clover | Director
[email protected]
[email protected]
• Industry expert
• Strategic communications
• Strategy and competitive positioning
•E
xpert in strategy, policy, M&A, market entry,
and competitive positioning
• Finance and capital markets
• Business valuation
Feng Zhao | Director
Fabien Roques | Senior Vice President
[email protected]
[email protected]
• Expert in strategy, policy, and market
entry and growth projection
• Supply chain and product portfolio •E
nergy economist focused on European
power market modelling
• Ex-Senior Economist with the IEA
Christian Axmann | Managing Director
Victor Musuku | Analyst
[email protected]
[email protected]
• Cost reduction and operational improvement
• Supply Chain expert
• Engineering Industry
• Policy and market research
• Emerging Wind power markets expert
• Supply chain and products
www.fti-intelligence.com
About FTI Consulting
FTI-CL Energy is a cross-practice team of energy experts from FTI Consulting and its subsidiary, Compass Lexecon.
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organisations protect and enhance enterprise value in an
increasingly complex legal, regulatory and economic environment. FTI Consulting professionals, who are located in all major business
centres throughout the world, work closely with clients to anticipate, illuminate and overcome complex business challenges in areas
such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring.
www.fticonsulting.com
©2015 FTI Consulting, Inc. All rights reserved.