Renewable Resources & Alternative Energy

This sector relates to the following sub-sectors: Biofuels, Fuel Cells & Industrial Batteries, Solar Technology & Project Developers, Wind Technology & Project Developers, Forestry & Paper.

Wind Technology & Project Developers

Each section below relates to the TPT Disclosure Framework principles of Action and Accountability. The below provides further guidance for sub-elements 4.1 and 4.3. The TPT welcomes comments on this guidance to ensure it is as useful as possible for preparers and users. The text is open for comment until Friday, 24 November. Please select the feedback form at the bottom of the page. The final text will be updated in February.

The Wind Technology & Project Developers industry comprises companies that manufacture wind turbines, blades, towers, and other components of wind power systems. Companies that develop, build, and manage wind energy projects are also included within the scope of this industry. Manufacturers may also offer post-sale maintenance and support services. Turbines can be installed onshore or offshore, which can cause differences in wind-generating capacity and create challenges in project development for each type of installation.

1. Scale mass manufacture of onshore and offshore wind technologies3

  • increase manufacturing capacity, utilisation, and support installation of onshore and offshore technologies; and
  • enhancements in aerodynamics, blade design, and turbine control systems.

2. Reduce carbon intensity of manufacturing process2

  • purchase, or onsite generation, of zero-carbon electricity; and
  • electrification of low-to-medium heating applications.


3. Decarbonise supply chains
3

  • work with suppliers on climate information collection, engagement and incentivisation of best practices and collaboration for innovative new productions; and
  • provide financial incentives, e.g. purchase agreements or green premiums, to scale and secure supply of low-GHG emissions materials, e.g. green steel and aluminium.


4. Minimising product lifecycle impacts through innovation in product design and business practices
3, 5

  • encourage the use of responsible mining practices for raw materials, promote recycling and circular economy approaches for component manufacturing;
  • extend the operational lifetime of wind turbines through robust design and regular maintenance to reduce material usage and cost per unit of electricity generated;
  • promote standardisation of materials and components across developers and manufacturers to reduce costs and the footprint of supply; and
  • incorporate sustainable design and construction practices in wind project development, considering factors such as land use optimisation, habitat conservation, minimising water consumption during construction and operation, and utilising environmentally friendly installation techniques.


5. Grid integration and flexibility
1

  • focus on strengthening grid infrastructure and optimising wind energy integration into the power system;
  • implementation of advanced grid management techniques, such as smart grid technologies, energy storage systems, and demand response mechanisms, to enhance the flexibility and reliability of wind power; and
  • support key areas of innovation, (e.g. grid enhancing technologies, advanced conductors and superconductors, high voltage direct current transmission).
  • top five materials consumed, by weight (mt); 1
  • average top head mass per turbine capacity, by wind turbine class (mt/MW); 1
  • description of approach to optimise materials efficiency of wind turbine design; 1
  • turbine designed for circularity (% mass of material recyclable); 3
  • average A-weighted sound power level of wind turbines, by wind turbine class (dB(A));  3, 2 and
  • recyclability rate of hub and blade (%). 3
  • Scope 1 emissions from the manufacturing of wind turbines (e.g. natural gas);4 and
  • emissions related to time-bounded leases and charter contracts for vehicles and vessels used to construct and service wind farms. 2

Wind Technology & Project Developers literature

  1. Breakthrough Energy, Embracing Innovation, Embracing Innovation: Transforming the Grid for a Sustainable Future, 2023
  2. CDP Questionnaire, Climate Change – CDP, 2023
  3. International Energy Association (IEA), Energy Technology Perspectives, 2023
  4. IEA Fuel & Technologies, Wind Analysis 2023
  5. IFRS, [Draft] Industry-based Guidance on Implementing IFRS S2, 2022
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Your feedback

The TPT welcomes comments on the Sector Summary to ensure it is as useful as possible for preparers and users. The Sector Summary was open for comment until Friday 24 November and, following consideration of the feedback received, will be updated in February. Thank you to the industry experts who provided comments.