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* Atleast Project Title is Required.
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Project No. |
EWG_106_2024A
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Project Title |
Floating Offshore Wind Farms development in APEC economies for both electricity and green hydrogen production
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Project Status |
Project in Implementation
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Publication (if any) |
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Fund Account |
APEC Support Fund
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Sub-fund |
ASF: Energy Efficiency, Low Carbon and Energy Resiliency Measures (EELCER)
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Project Year |
2024
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Project Session |
Session 1
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APEC Funding |
99,544
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Co-funding Amount |
10,000
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Total Project Value |
109,544
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Sponsoring Forum |
Energy Working Group (EWG)
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Topics |
Energy; Environment; Investment
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Committee |
SOM Steering Committee on Economic and Technical Cooperation (SCE)
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Other Fora Involved |
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Other Non-APEC Stakeholders Involved |
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Proposing Economy(ies) |
Chile
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Co-Sponsoring Economies |
Canada; China; Japan; Peru; Chinese Taipei; United States
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Expected Start Date |
01/08/2024
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Expected Completion Date |
31/12/2025
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Project Proponent Name 1 |
Adelaida Baeriswyl
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Job Title 1 |
International Affairs Advisor
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Organization 1 |
Ministry of Energy of Chile
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Postal Address 1 |
Not Applicable
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Telephone 1 |
(+56) 2 2367 3732
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Fax 1 |
Not Applicable
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Email 1 |
abaeriswyl@minenergia.cl
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Project Proponent Name 2 |
Pablo del Canto
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Job Title 2 |
Head of the Projects Support Unit
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Organization 2 |
Ministry of Energy of Chile
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Postal Address 2 |
Not Applicable
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Telephone 2 |
(+56) 2 2367 3732
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Fax 2 |
Not Applicable
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Email 2 |
pdelcanto@minenergia.cl
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Declaration |
Adelaida Baeriswyl
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Project Summary |
To align with the ambitious renewable energy and carbon-neutrality targets of APEC economies, our project focuses on fostering new technologies, specifically Floating Offshore Wind (FOSW) Farms among APEC members for electricity and green hydrogen production. FOSW farms offer a strategic solution for APEC economies lacking land space and/or have a deep and/or steep sloping seabed. These plants enhance the security and flexibility of renewable energy systems, providing a means to harness extensive coastal areas for clean energy production. The generated energy can be integrated into domestic grids or utilized for enable the production of green fuels like hydrogen, contributing significantly to greenhouse gas reduction. The project, which is aligned to APEC Peru 2024 Agenda by promoting the use of renewable energy and green hydrogen development, involves (1) pre-seminar report on the current state of development of the FOSW projects in APEC Region; (2) a two-day in-person seminar in Santiago, Chile, addressing FOSW farms development experiences, challenges, and opportunities in APEC economies; and (3) a post-seminar report, which summarizes key findings, policy recommendations, and best practices arised in the seminar. The post-seminar report will be published on the APEC website, facilitating knowledge dissemination, and fostering collaborative efforts in combating climate change.
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Relevance |
Region The scarcity of available land in many APEC economies, often in competition with agriculture and other industries, necessitates innovative approaches to electricity generation to avoid conflicts over land use. Currently, there are some APEC members that have already developed Offshore Wind (OSW) projects (e.g. the People’s Republic of China, Japan, the Republic of Korea, Chinese Taipei, the United States and Viet Nam), and some of them are implementing the Floating alternative (FOSW) at different stages of development. In that regard, some APEC developing economies face the challenge of deep waters near their shores, a unique obstacle not commonly encountered by European countries experienced in offshore wind power plant development. Sharing the experience of more developed APEC economies in FOSW can be pivotal in promoting its adoption in economies facing similar challenges. This project facilitates knowledge exchange, allowing developing economies to glean insights, discuss technical skills, and address challenges associated with floating offshore wind power plants. This shared information is vital in encouraging all APEC members to embrace offshore wind power and fostering an enabling environment for new businesses.
Eligibility and Fund Priorities The project will significantly contribute to the EELCER subfund goal of doubling the share of renewables by 2030 by fostering the development of innovative technologies, unlocking opportunities for renewable energy utilization in previously untapped spaces. Additionally, the initiative aims to address capacity building requirements for APEC developing economies, equipping them with the necessary tools to improve or elaborate new policies to promote FOSW development among APEC economies, as well as effectively establish floating offshore wind power plants. Recognized as a category 2 project for funding, its primary objective is not to support energy resilience but to promote the installation of new renewable energy projects, diversifying the energy matrix.
Capacity Building The project aligns with APEC's capacity-building goals, providing essential knowledge and tools to all participating economies. This approach fosters equitable regional development, diminishes economic disparities by democratizing access to information, cultivates a sense of community across all APEC economies, stimulates new businesses, and encourages the replication of successful experiences. Additionally, it will introduce new possibilities to produce green hydrogen and enabling the industry in new economies. Importantly, the initiative introduces crucial technologies, benefiting developing economies like Chile, Peru, Mexico, Indonesia, among others, in advancing offshore wind power plants. At the same time, the project opens a new alternative for the development of offshore projects in other APEC economies that have not yet diversified their energy matrix considering this technology, such as Australia and New Zealand. This inclusivity is underscored by the project's commitment to non- discrimination based on gender, ethnicity, age, sexual orientation, disability, or socioeconomic status among participants.
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Objectives |
The seminar aims to inspire APEC economies to advance in Floating Offshore Wind Farms, exploring experiences, challenges, and opportunities. Emphasizing diverse uses like green fuel production, it equips economies with vital tools for energy transition, bolstering electricity supply security, curbing greenhouse gas emissions, promoting a new industry in the Region. This proactive approach mitigates climate change effects. Concurrently, the project fosters potential business opportunities across APEC economies with regards FOSW farms and green hydrogen. The pre-seminar report aims to inform to all APEC economies regarding the current state of the FOSW in the Region, whereas the post-seminar report will contain the key findings, policy recommendations and best practices arised from the experts presentation and panels discussion. The post-seminar report will be published on the APEC website, facilitating knowledge dissemination, and fostering collaborative efforts in combating climate change.
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Alignment |
APEC Alignment with the 2023 APEC Leader’s Golden Gate Declaration: The project is aligned with the 7th paragraph where is “recognized that more intensive efforts are needed for economies to accelerate their clean, sustainable, just, affordable, and inclusive energy transitions through various pathways while taking into account the latest scientific developments and different domestic circumstances.” The project aims to catalyze the advancement of technologies for floating offshore wind power plants in deep waters, prevalent in our region. This initiative is designed to expedite the transition from fossil fuels to renewable energy sources. Alignment with the APEC Putrajaya Vision 2040: The project is in complete alignment with the Putrajaya Vision 2040. Firstly, under Driver 1, it facilitates networking between investors and suppliers of floating offshore wind turbines from APEC economies. Secondly, it corresponds to Driver 2 by promoting innovation in diversifying the energy matrix of APEC members, enhancing productivity and dynamism. In addition, it aligns with Driver 3 by encouraging collaboration, human capital development, growth, and sustainable policy-making. This offers all APEC members the opportunity to learn about new technologies contributing to global environmental initiatives, especially in addressing climate change. In summary, the promotion of FOSW facilitates the exchange of best practices, fostering sustainable growth, prosperity, and welfare while aiming to reduce greenhouse gas emissions for a more sustainable planet. It also opens an opportunity to improve or elaborate new policies to promote FOSW development among APEC economies. Alignment with APEC APA objectives: The project aligns with the "Promotion of economic policies, cooperation and growth to address all environmental challenges, including climate change" objective by cooperating to develop, encourage and exchange the best practice policies and promote capacity building programs that address these environmental challenges.
Forum The project aligns with the objectives of the Energy Working Group by advancing the development of modern renewables in the energy matrix, enhancing energy security, fostering innovation and human capital in APEC economies, and well as facilitate the transition to sustainable energy. It specifically promotes the establishment of offshore wind power plants in deep waters through floating alternative, energy generation and/or the production of green hydrogen. Furthermore, the project aims to strengthen cooperation among APEC economies by facilitating the exchange of experiences in its focus area. This collaboration is poised to drive the transition towards a low-carbon economy, curbing greenhouse gas emissions, and catalyzing the growth of clean energy across these economies.
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TILF/ASF Justification |
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Beneficiaries and Outputs |
Outputs
1) Pre-Seminar Report A pre-seminar report will be prepared by the Chilean Ministry of Energy to outline the current status of floating offshore wind development among APEC economies. This report aims to facilitate discussion on the challenges and future opportunities related to this topic during the seminar. It is expected that experts from various APEC economies will share their perspectives on the future of floating offshore wind development at the event. The objective of the Pre-Seminar Report is to inform participants about how different APEC economies have developed these technologies and to prepare them to actively engage in discussions and share strategies for promoting the development of floating offshore wind farms.
2) Seminar
The purpose of the seminar is to address experiences, challenges, and opportunities related to the development of floating offshore wind farms in APEC economies. The event will be held in the city of Santiago, Chile, developed in person over two days in June 2025, from 9 am to 5 pm, approximately. It is expected the participation 12 speakers (6 funded speakers and 6 government officials) and 50 participants. The target audience includes specialists, researchers, representatives of energy trade associations, professionals from energy companies, policy-makers, and authorities from APEC economies. The seminar will be an interactive event, with presentations, discussions, and interactions between participants and experts. The seminar will not be recorded. The tentative agenda for the seminar includes. a. Day 1: i. Presentation of the organization of the seminar (context, goals and objectives) ii. Topic 1: Opportunities and lessons learned from the development of floating offshore wind projects in the APEC region. Three 30-minute technical presentations and one interactive panel discussion (1.5 hours).. iii. Topic 2: Environmental and social requirements in the development of offshore wind farms. Three 30-minute technical presentations and one interactive panel discussion (1.5 hours). iv. Summary of key findings Day 1. b. Day 2: v. Presentation of the organization of the seminar (Expectations for the second day in order to achieve the objectives of the seminar). vi. Topic 3 Technical challenges in developing floating offshore wind technology in APEC economies. Three 30-minute technical presentations and one interactive panel discussion (1.5 hours). Topic 4: New business opportunities and synergies between the development of offshore wind technologies and the production of green hydrogen. Three 30-minute technical presentations and one interactive panel discussion (1.5 hours). Summary of the Seminar, including key policy recommendations and best practices.
3) Post-seminar Report or Summary Report
A post-seminar report will be prepared by the Chilean Ministry of Energy containing the main findings and policy recommendations from the presentations and panel discussions. The document will be a minimum of 12 pages (excluding appendices) and will be submitted to the Secretariat prior to the completion date. Preliminary information to be included in the report: a. Executive Summary. b. Table of Contents. c. Introduction. d. Objectives. e. Overview of the current state of Floating Offshore Wind projects in the region (information from the pre-seminar report) f. Summary and main findings of presentations and panel discussions, by topic. g. Policy recommendations and best practices. h. Conclusions. i. Recommendations, including Next steps to promote this type of technology in the APEC region. Annex, including general data from the event (e.g. number of final participants broken down experts and audience, number of economies participants, etc.)
Outcomes 1) Acquisition of technical knowledge: The primary expected outcome of this project is to provide participants from APEC economies with technical knowledge that can support the adaptation or promote the development of offshore wind farms. This will accelerate the energy transition, improve the security and stability of the electricity supply, reduce greenhouse gas emissions, and minimize the impact of climate change. This outcome will be measured by the ex-ante and ex-post surveys as “the percentage of participants reporting a significant increase in knowledge” and “the percentage of APEC economies reporting a significant increase in knowledge”.
2) Promoting policy design and regulatory development: It is expected that by applying the recommendations of the post-seminar report, APEC economies could improve or redesign their policies and/or regulations based on the experiences of others.. This outcome will be measured by the ex-ante and the ex-post surveys as "the percentage of APEC developing economies that are likely to implement recommendations".
3) Creating business opportunities: The third outcome is to facilitate opportunities for future collaboration among APEC economies to develop and implement offshore wind power plants. This outcome will be measured by the ex-ante and the ex-post surveys as “the percentage of APEC economies that are interested in future collaborations among members”.
Beneficiaries
The primary beneficiaries are both technical and regulatory experts with experience or knowledge in wind technology development, marine ecosystems, green hydrogen production, and big project financing. Renowned academics, high-level executives of transnational companies, and senior government officials from APEC economies are expected to be speakers of the panels, with policy-makers and decision-makers participating in the event. Gender equality is desired among both speakers and participants. This project will directly benefit APEC regional economies by involving their representatives and policy-makers in the seminar. Regarding secondary beneficiaries, it will promote opportunities of future collaboration across APEC economies from both the public and private sectors, including companies involved in developing such infrastructure. Indirectly, the green hydrogen industry stands to gain, as collaboration with offshore wind power plant developers can catalyze its growth in the region, creating a synergistic environment. Finally, it is expected to contribute to the empowerment of women in the energy sector, aligning with the goals of the Chilean Ministry of Energy regarding gender.
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Dissemination |
A post-seminar report (electronic publication) will be prepared in accordance with EWG standards before the project completion date. This means that will be shared with experts before its publication in the APEC website to include any element that should be incorporated to the report. APEC will then disseminate the document by publishing it on its website, specifically in EWG section. The post-seminar report will be an APEC publication and will follow its corresponding guidelines. It will include the content proposed in Section B (outputs: 3. Post-seminary report). The primary target audience for this product is the representatives of the APEC economies who participated in the seminar as experts and audience, as well as other professionals from these economies who are interested in the topic analyzed. For example: experts, researchers, representatives of energy trade associations, professionals from energy companies, policy- makers, and authorities, etc.
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Gender |
Please see Project Proposal in Support Documents folder.
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Work Plan |
Please see Project Proposal in Support Documents folder.
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Risks |
Please see Project Proposal in Support Documents folder.
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Monitoring and Evaluation |
Please see Project Proposal in Support Documents folder.
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Linkages |
In 2023, APEC conducted a study on the state of offshore wind technology in six members with established projects (China, Korea, Japan, Chinese Taipei, Viet Nam and the United States). Additionally, in February 2024, Chinese Taipei organized a workshop to promote the multifunctional ocean space in areas with offshore wind projects. In this workshop, the degree of development of renewables and offshore of six economies was presented (Japan, Chinese Taipei, Philippines, Indonesia, Australia and The United States). This proposal focuses on an aspect not covered before — the development of floating offshore wind power plants. The discussions will extend beyond integration into domestic grids to explore applications in green hydrogen production and promote this industry. The project aims to attract participants from diverse sectors, including the APEC Policy Partnership on Science, Technology, and Innovation (PPSTI), the APEC Business Advisory Council, the APEC Expert Group on New and Renewable Energy Technologies (EGNRET), the Asia Pacific Energy Research Centre (APERC), and the private sector who develop offshore wind farms and green hydrogen.
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Sustainability |
The Post-seminar report or the Summary report will synthesize the expert presentations and key findings from the panel discussions at the seminar. This information will be emailed to experts and participants and made available on the APEC website. All of this can be used to determine what actions can be taken by APEC economies to change their policies, create regulations, or address the technical and environmental challenges to support the development of floating offshore wind technology. The conclusions of this report will serve as a guide for the transition to decarbonization, where each economy can move at its own pace. It is important to note that the project is not intended to be prescriptive, but rather a tool that can be used as a reference for the development of public policies and regulatory adjustments. Given the intended outcomes set (i.e., to acquire technical knowledge, promote policy design and regulatory development, create opportunities for future collaboration among APEC economies and opening opportunities for the development of green hydrogen projects), it is expected that their impact will be felt in the medium term.
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Project Overseers |
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Cost Efficiency |
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Drawdown Timetable |
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Direct Labour |
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Waivers |
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Are there any supporting document attached? |
Yes
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Attachments
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