Project Description

We provided MHI Vestas with a report on the economic impact from the production of components and the servicing of offshore wind farms in Taiwan. Our report demonstrated that under MHI Vestas’ proposed scope of localisation they can deliver greater local economic value than under the government requirements.

The Taiwanese government set out requirements for localisation of the production of certain components for any offshore wind projects built between 2020 and 2025, as part of their Phase 1 and Phase 2 offshore development.

MHI Vestas was the preferred turbine supplier on four of the wind parks planned to be built in this period, some of which required 16 components of the wind turbine to be localised. They proposed a sustainable localisation scope that either met the requirements fully, or offered suitable alternatives or additions to those components that were not possible to localise.

We compared the jobs and economic value created by the localisation requirements from the Taiwanese government to those created by MHI Vestas’ scope. We found that MHI Vestas’ alternative scope created 80% more jobs and economic value in Taiwan than if they followed the requirements to the letter.

“We are pleased to be able to offer the Taiwanese government a reliable assessment of our sustainable localisation scope and our overall project execution impact, within the first project rounds in the market. The work carried out by BVG Associates was great value and relevant evidence in a very complex and political environment.”

Wadia Fruergaard Marketing Specialist MHI Vestas Offshore Wind