“The longer you negotiate a contract, the less time you spend driving value…”
The inappropriate allocation of risk, need for new standardised contracts, and how increased collaboration can reduce waste and improve delivery, were key debating points from an IMCA hosted industry panel at Global Offshore Wind 2023 in London on 16 June 2023 which featured speakers from bp, GE Renewable Energy, and DEME Offshore. Held at the largest dedicated offshore wind event in the UK, the panel discussed the current opportunities and challenges facing offshore wind and how the introduction of sustainable contracting could alleviate pressure across the supply chain and unlock the investment required for the industry to meet government expectations