WFO Taiwan holds first offshore wind industry legal contract workshop
Today, the World
Forum Offshore Wind (WFO) and the Taiwan Institute of Economic Research
(TIER) concluded the first three day Offshore Wind Industry Legal Contract
Workshop for the Offshore Wind Industry in Taiwan. The workshop’s opening
remarks were made by the Deputy Director General of Bureau of Standards,
Metrology and Inspection (BSMI), Ministry of Economic Affairs (MOEA) Dr.
Han-Chang Hsieh.
the workshop’s aim was to increase the understanding of the typical contract
types seen in the industry, and how they play out in practice. Legal experts
from LCS & Partners, Beacon International Attorneys At Law, and Offshore
Wind Industry experts from Northland Power, wpd, CDWE and James Fisher
Renewables. The three-day workshop covered topics in the commonly seen
industry contract such as Contract Structure Introduction, Disputes, Force
Majeure & COVID-19, O&M, as well as practice experience exchanges.
Upon completion of the workshop, those participants whom have attended
all three days will receive a certificate of completion.
Mr. David Chiang, Representative of WFO in Taiwan, states that the significance
of this workshop in collaboration with TIER as well as industry experts
extends beyond to the immediate benefits of allowing the local industry
supply chain to be more familiar with industry contracts in terms of legal
or disputes. Workshop speakers also highlighted aspects such as the challenges
of the correlation of the localization requirements which may be a hidden
pain-point that may be overlooked.
Mr. Chung-Chun Hsu, the Associate Research Fellow and Team Leader of Division
1 at TIER states that the zonal development timeline at 2026 is approaching,
and the question of if the probability of completion on time depends heavily
on local supply chain, which has a strong connection to industry contracts.
The aim of these industry workshops may strengthen domain knowhow, bridge
local supply chain to international experts and provides incremental support
to the development of the Offshore Wind Industry in Taiwan.
The three day Offshore Wind Industry Legal Contract Workshop concluded
with 75.5% of registered candidates successfully completed the workshop
with certification of completion. This indicated that the momentum of the
Offshore Wind Industry supply chain is in synchronization with the development
policy, however, with a genuine desire for more professional training.
A reoccurring theme in the Taiwan offshore wind industry and one of ever
growing importance.
