Taranaki Offshore Partnership

Proud to support once again the NZ Wind Energy Association Summit for 2025. What a brilliant future in stock for the wind energy sector, both onshore and offshore! Our own Alison Lane did a wonderful job showcasing the work we have done so far on our seabird (sorry, "avifauna"!) risk assessment methodology. Tools like this will assist developers, regulators, eNGOs and communities to focus research and mitigation efforts and get the best outcomes for the environment and offshore wind developments. Thanks to JERA Nex bp and New Zealand Offshore Wind Limited for collaborating on this project, and to Kevin Hart and Kira Mikelatos at NZWEA for the opportunity to present. Copenhagen Offshore Partners Copenhagen Infrastructure Partners NZ Super Fund

𝗛𝗼𝘄 𝗹𝗼𝗻𝗴 𝗱𝗼𝗲𝘀 𝗶𝘁 𝘁𝗮𝗸𝗲 𝗳𝗼𝗿 𝗼𝗳𝗳𝘀𝗵𝗼𝗿𝗲 𝘄𝗶𝗻𝗱 𝗳𝗮𝗿𝗺𝘀 𝘁𝗼 𝗿𝗲𝗽𝗮𝘆 𝘁𝗵𝗲𝗶𝗿 𝗰𝗮𝗿𝗯𝗼𝗻 𝗮𝗻𝗱 𝗲𝗻𝗲𝗿𝗴𝘆 𝗱𝗲𝗯𝘁?   We partnered with Professor Alan Brent and PhD candidate, Isabella Pimentel Pincelli from the Sustainable Energy Systems research group at Victoria University of Wellington to find out and the results are exciting! ⚡ 𝗘𝗻𝗲𝗿𝗴𝘆 𝗽𝗮𝘆𝗯𝗮𝗰𝗸 𝘁𝗶𝗺𝗲: Offshore wind recovers the energy used in manufacturing, installation and end-of-life management in about one year, proving its efficiency as a renewable energy source.  ♻️ 𝗖𝗮𝗿𝗯𝗼𝗻 𝗽𝗮𝘆𝗯𝗮𝗰𝗸 𝘁𝗶𝗺𝗲: Offshore wind farms offset their construction emissions in 5.5 to 7.3 years when replacing grid electricity. If replacing gas turbines, the pay back is even faster, 2.8 to 3.9 years. This means for approximately 25 years of their 30-year operational life span, offshore wind farms provide a net carbon benefit.  🌀 𝗟𝗼𝘄 𝗰𝗮𝗿𝗯𝗼𝗻 𝗳𝗼𝗼𝘁𝗽𝗿𝗶𝗻𝘁: Offshore wind farms emit just 18.4 to 25.2 grams of carbon dioxide equivalent emissions for every kilowatt-hour of electricity produced. This means they generate electricity with minimal environmental impact compared to many traditional energy sources.   These findings reaffirm that offshore wind is not only a game changer in reducing carbon emissions but also a critical part of our journey toward a cleaner, more sustainable energy future in Aotearoa New Zealand. The full research article on the life cycle assessment can be found here https://lnkd.in/gxveGXrq Copenhagen Offshore Partners Copenhagen Infrastructure Partners NZ Super Fund

Yesterday’s Offshore Renewable Energy Forum was another step forward in shaping the future of offshore wind (OW) in New Zealand. Here are some key takeaways: ➡️ 𝗙𝗿𝗼𝗺 ‘𝗪𝗵𝘆’ 𝘁𝗼 ‘𝗛𝗼𝘄’: The case for offshore wind is clear. It offers a unique opportunity to deliver renewable energy at scale and strengthen New Zealand’s energy security. Now, the focus is on how to make it happen; refining policy, commercial models, infrastructure, and industry capability. The forum highlighted these next steps, marking an exciting shift toward action. 💹 𝗔𝗱𝗮𝗽𝘁𝗶𝗻𝗴 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗧𝗼𝗼𝗹𝘀: Governments worldwide are already using tools like CFDs and PPAs to bring offshore wind to market. We are currently evaluating how these mechanisms can be adapted to suit New Zealand’s market, ensuring they align with our local policy frameworks and market structures. 📝 𝗣𝗿𝗼𝗴𝗿𝗲𝘀𝘀 𝗶𝗻 𝗣𝗲𝗿𝗺𝗶𝘁𝘁𝗶𝗻𝗴: We commend MBIE’s work in moving the regulatory framework for offshore renewable energy at pace. With the Permitting Regime expected to be finalised by the end of the year, we anticipate greater clarity and certainty for developers. 🛳️ 𝗣𝗼𝗿𝘁𝘀 𝗮𝗻𝗱 𝗚𝗿𝗶𝗱 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲: Ports and grid remain fundamental, and we have a strong foundation to build on. Port Taranaki’s strategic location, deep water and existing infrastructure position it as a key enabler for offshore wind development. Their ongoing support and engagement in shaping the future of offshore wind are invaluable. 🌎 𝗜𝗻𝘀𝗽𝗶𝗿𝗶𝗻𝗴 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗦𝘂𝗰𝗰𝗲𝘀𝘀: The detailed success story from the UK, shared by the British High Commission delegation, underscored the transformative impact of government investment on economic growth and industry development. The momentum is building, and we remain as excited as ever about the opportunity in Taranaki. A huge thank you to Ara Ake, Venture Taranaki Trust, Taranaki Chamber of Commerce and the British High Commission for bringing together industry leaders and sparking vital conversations Copenhagen Offshore Partners Copenhagen Infrastructure Partners NZ Super Fund

Almost two years ago, we pioneered a first-of-its-kind study in New Zealand, deploying a Floating LiDAR (FLiDAR) off the coast of Taranaki. The goal? To gather high-quality offshore wind and metocean data to support the assessment of our proposed offshore wind site. We’re excited to share that the data collection is now complete. The FLiDAR has been safely retrieved and brought back to land, marking another major milestone, not just for our project, but for the future of offshore wind in Aotearoa. With this dataset, we’re better equipped to understand the wind resource, design with confidence, and advance the development of offshore wind with greater certainty. A huge thank you to AKROCEAN and New Zealand Offshore Services Limited, our campaign partners, for their fantastic service and support throughout the deployment. Their expertise and professionalism made it possible to deliver a safe, efficient, and high-quality campaign from start to finish. Copenhagen Offshore Partners Copenhagen Infrastructure Partners NZ Super Fund

We are proud to be one of the sponsors of the 2025 Offshore Wind Energy Forum in partnership with NZ Wind Energy Association, Ara Ake, Taranaki Chamber of Commerce and Venture Taranaki Trust. With the continued progress in developing offshore wind in New Zealand, this forum is a great opportunity to shape collective thinking, discuss progress, and keep the momentum going. Our director, Giacomo Caleffi will be speaking at the event, sharing an update on our project and the momentum building off the coast of Taranaki. 💫 We are looking forward to being part of the conversation. Copenhagen Offshore Partners Copenhagen Infrastructure Partners NZ Super Fund

💫 We’re proud to have been one of the sponsors of the 2025 WOMAD festival in New Plymouth. Our third year supporting this vibrant celebration of music, culture and community. 🎶 We’re still buzzing from the incredible atmosphere, the global music, local flavors, and the chance to connect with locals and visitors from all over the world. There’s something truly special about discussing the future of offshore wind while the sounds of earthy-soul, indie rock, and Afrobeat fill the air. It just works! 💡 WOMAD was a reminder that Taranaki isn’t just an energy hub; it’s also a place where creativity, innovation and community come together. Whether you came for the music, the food, or the conversation, we’re glad we got to connect. Copenhagen Offshore Partners Copenhagen Infrastructure Partners NZ Super Fund

Our Business Development Director Giacomo Caleffi and Commercial Director Matt Gill had the opportunity to present at the New Zealand Parliament's Transport and Infrastructure Select Committee on our submission to the Offshore Renewable Energy Bill. We’re pleased to support the Bill and commend the Government and the Ministry of Business, Innovation and Employment for their proactive approach in developing a pragmatic permitting framework to enable the growth of offshore renewable energy in New Zealand. At the submission today, Giacomo and Matt highlighted several key recommendations to strengthen the Bill and support its intent to create a clear and effective regulatory pathway for investment in offshore renewable energy. 𝗘𝗻𝗮𝗯𝗹𝗶𝗻𝗴 𝘁𝗵𝗲 𝘀𝘁𝗮𝗴𝗶𝗻𝗴 𝗼𝗳 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝘀 – We recommend provisions to allow offshore wind projects to be delivered in phases. This approach enables developers to optimise investment and manage costs while delivering efficient outcomes for New Zealand. 𝗣𝗿𝗼𝘃𝗶𝗱𝗶𝗻𝗴 𝗴𝗿𝗲𝗮𝘁𝗲𝗿 𝗰𝗲𝗿𝘁𝗮𝗶𝗻𝘁𝘆 𝗮𝗿𝗼𝘂𝗻𝗱 𝗰𝗼𝗺𝗽𝗲𝘁𝗶𝗻𝗴 𝗮𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 – We suggest clearer guidance to incentivise responsible and prudent development, allow developers to negotiate application overlaps efficiently, and clarify how overlaps with non-offshore renewable energy permit holders will be handled. 𝗥𝗲𝗱𝘂𝗰𝗶𝗻𝗴 𝗿𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗼𝘃𝗲𝗿𝗹𝗮𝗽 – We support a permitting approach that consolidates requirements and minimises duplication with other regulatory regimes. 𝗖𝗹𝗮𝗿𝗶𝗳𝘆𝗶𝗻𝗴 𝗮𝗽𝗽𝗲𝗮𝗹 𝗿𝗶𝗴𝗵𝘁𝘀 𝗮𝗻𝗱 𝗿𝗲𝘃𝗼𝗰𝗮𝘁𝗶𝗼𝗻 𝗽𝗼𝘄𝗲𝗿𝘀 – We recommend that robust decision-making processes are embedded in the Bill, in relation to appeal and non-compliance, with revocation of permits treated as a last resort. We believe these amendments, alongside other equally important ones that we articulated in our submission, will help unlock the level of investment needed to develop New Zealand’s offshore wind potential and support the country’s energy transition. You can read our full submission here: https://lnkd.in/gEsR3aJh Copenhagen Offshore Partners Copenhagen Infrastructure Partners NZ Super Fund

It was a pleasure to host the February edition of the Business Association for Hāwera networking evening. The event was a fantastic opportunity to connect over great food, meaningful conversations, and to share updates on our offshore wind project with the local community. ✅ We discussed our support for the Offshore Renewable Energy Bill, which provides a crucial framework for developers to apply for feasibility permits. However, we also emphasized that beyond the Bill, additional work is needed to ensure investment certainty and position New Zealand to fully capitalize on the growth that offshore wind can bring. ♻️ We also highlighted some of our key project activities, including the completion of our Floating LiDAR campaign, our underwater microphone study, Phase 2 of our industry capability mapping, and the ongoing work of our seabird and marine mammal expert groups. We look forward to sharing more insights from these studies as the year progresses. A big thank you to Nikki Watson and the entire Bizlink Hāwera team for organizing such a well-run and engaging event! ✨ Copenhagen Offshore Partners Copenhagen Infrastructure Partners NZ Super Fund

We are excited to introduce the Taranaki Offshore Partnership Community Advisory Group. 🎉 🎉 This group brings together diverse expertise, interests and deep commitment to their communities across the region, ensuring a broad representation of voices in our offshore wind project. 🥳 Last week, we had the pleasure of kicking off our first meeting for 2025! A fantastic start to what we know will be a meaningful and collaborative journey. At Taranaki Offshore Partnership, we deeply value community engagement. The Community Advisory Group serves as a vital link between our project and the wider community, helping us to reach those we might not otherwise connect with, ensuring that community aspirations are at the heart of our work. We look forward to working with this passionate group to shape a project that truly reflects the hopes and needs of the Taranaki community. ✨ Our Superstar CAG members are Celine Filbee (Hāwera), Ian Stuart (Ōpunake), Alfons Reisma (Whanganui), Jennifer Robers (Hāwera), Robert Northcott (Pātea), Mikayla Gayton (New Plymouth), and Jacq Dwyer (Pātea). Copenhagen Offshore Partners Copenhagen Infrastructure Partners NZ Super Fund

The newly released Energy Action Plan from the Auckland Business Chamber presents a valuable framework for revitalizing the energy sector and unlocking its full potential. We’re pleased to see a focus on the need for a New Zealand Energy Strategy to guide infrastructure planning, investment, and emissions reduction. A clear, long-term energy strategy will provide the direction and certainty needed to unlock investment in new generation. The plan also highlights the importance of long-term contracts in enabling both new and existing renewable energy projects, offering greater certainty to investors and consumers alike. As New Zealand transitions to an increasingly renewable energy system, well-structured market mechanisms will play a critical role in supporting investment at scale. Copenhagen Offshore Partners Copenhagen Infrastructure Partners NZ Super Fund