NewsThe Future of Floating Solar: Oceans of Energy CEO Predicts Market to...

The Future of Floating Solar: Oceans of Energy CEO Predicts Market to Rival Onshore Solar

Home ⁤ Marine Energy Floating solar market will be as big as onshore solar sector, says Oceans⁢ of Energy CEO

January 15,⁤ 2024,
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Nadja Skopljak

The industry needs to start shifting ⁤its focus ​from ⁤wind farms to energy farms as we have limited space which we need to make ⁢use of in an efficient way. A synergy of offshore wind and floating solar is the way to go. “If you only fill 20% of ⁤wind farm space with‌ floating solar, you can already double the amount of energy that this energy farm ⁣gives over the year, and ⁢if you use more of the space, you can go up⁤ to ⁣five ⁣times more energy per year of the same area of the sea,” according to Allard van Hoeken, Founder and CEO of Oceans of Energy.

Navingo BV

Moderated‌ by ​Simon ⁢Stark, CTO for the ‌Dutch Marine Energy​ Center (DMEC), the Multi-Source Offshore Energy Parks: Paving the Way session at Offshore Energy Exhibition & Conference 2023 in Amsterdam focused​ on how an offshore energy park performs if different sources are combined, ⁤as well as how‍ the⁣ energy system can look in‍ the ​future if we can use all ​the innovations.

Don Hoogendoorn, Co-Founder and CTO of SolarDuck, believes that it is important to start focusing on energy farms and not‌ only on wind farms as⁤ we have limited space so we⁣ need to make use of it efficiently. This requires ⁢a bit ⁤of a mind shift ⁢in the government and shareholders. Speaking‍ about the Netherlands,⁤ Hoogendoorn expects that the combination will include solar, wind and energy storage to create a ​stable grid for the future of ‍the Dutch economy.

Van Hoeken said that the benefit of ⁢having both offshore wind and floating solar is that we have more continuous electricity coming from the sea to the shore: “Together you have more continuity and⁣ much better use of the infrastructure, ​those cables are already paid for now and they all go all the way⁣ to ⁢the offshore farms, but they are not used all of the time. ⁣So adding‌ solar and storage will actually mean much‍ better utilization of the⁤ same cable that is​ already there.”

  • Posted: 8 months ‌ago

Daniel Buhagiar, CEO and Co-Founder ⁢of FLASC B.V., ⁤mentioned that the co-location aspect in​ FLASC’s case offers​ the advantage of scheduling the output, first making it more stable, ⁢but‌ then also making it better match the demand because ⁢demand is something that also is available in itself.

The panelists emphasized⁢ the vast opportunities floating solar brings to ⁤the industry, with Hoogendoorn stating that ⁢it has a ⁤number of advantages compared ⁤to‌ offshore wind: “The nice thing about solar ‌is that it⁢ is very scalable, much more‌ scalable than offshore wind.​ So of course, it ‍takes⁣ a while to‌ get there,

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