Offshore Energy is a Victorian-based company established in 2012 to identify suitable locations off the coast of Australia for the development of offshore wind energy projects.
Offshore Energy has long believed that electricity generation harnessing wind from offshore locations is a key part of Australia’s future energy mix to ensure long-term energy security, create significant economic opportunities and meet Australia’s national and international climate change commitments.
Offshore wind energy projects have become increasingly attractive due to decreasing costs of construction, operation and maintenance in recent years which, when combined with alleviating issues arising from multiple land use issues and utilising a stronger, more consistent wind resource than onshore wind energy projects, make such projects attractive for Australia.
Offshore Energy has undertaken detailed studies and continues to engage in negotiations and reviews with key stakeholders to identify and validate potential projects in Australian waters that align with environment, government and community requirements. As Australia’s first offshore wind farm developer, Offshore Energy understands the need to work closely with all stakeholders to ensure that the development of Australia’s first offshore wind farm takes into account any concerns raised.
Towards Australia's first offshore wind farm
Offshore Energy has been working with the Commonwealth Government to establish the appropriate rights and processes for development of Australia’s first offshore wind farm in Commonwealth waters off the south coast of Gippsland, Victoria.
Development activities will principally involve assessment of the wind resource, infrastructure requirements and, importantly, identification of any environmental issues that need to be understood and managed. The construction of an offshore wind energy project will only occur once all assessments have been undertaken and subject always to further government approval.
Given the steady development of offshore wind projects globally, especially over the last decade, Offshore Energy is able to draw on the experience of other developers and operators to ensure the success of offshore wind farm projects in Australia. Global experience suggests there are many benefits on a national, state and local community level and Offshore Energy looks forward to delivering those benefits to the Australian market.
Our Team and Philosophies
Offshore Energy is led by an experienced management team who have over 40 years’ combined experience in the Australian renewable energy industry as well as detailed experience in the power, oil & gas and resources industries. Experience has been obtained in local and international companies in those industries.
The Offshore Energy team is supported by best in class local and international consultants and is working with a number of potential investors to ensure that Offshore Energy is well-placed to investigate and deliver offshore energy projects of scale, quality and benefit to Australia.
A philosophy of 'prudent avoidance' is adopted on all projects to avoid issues from the outset or design them out up front. This relies on sincere and comprehensive stakeholder information and engagement to enable an acceptable and feasible design. This philosophy will be consistently applied throughout Offshore Energy’s business.