offshore wind cost Articles

  • Offshore wind costs and development risk

    How procurement strategies, manufacturing costs and new technology stack up against development risk in Offshore Wind Projects. Offshore wind is changing, and it is changing for the better. In 2006, offshore wind deployment costs started rising significantly, from £1.5m/ MW, in 2016 prices, to over £4m/MW in 2012, without a clear indication as to what the price ceiling would ...


    By SgurrEnergy Ltd.

  • Measuring Offshore Wind Resources

    To select the right offshore wind site, estimate the future energy output of a wind farm, and determine the best layout for the turbines, project developers must conduct wind resource assessment (WRA) campaigns on site. This is a critical phase of the successful development of wind farms. WRA campaigns on terrestrial sites have traditionally been performed using meteorological towers equipped ...


    By NRG Systems

  • The Future Cost of Wind Power

    Chapter 1 The economics of wind power Wind power is capital intensive with most of the investment required upfront. The largest capital cost component is the turbine itself which can account for between 40% and 80% of the total capital cost of an onshore wind installation. Costs offshore are higher because of the more expensive operating environment and the greater difficulty establishing ...


  • 2013 to be Record Year for Offshore Wind

    Offshore wind power installations are on track to hit a seventh consecutive annual record in 2013. Developers added 1,080 megawatts of generating capacity in the first half of the year, expanding the world total by 20 percent in just six months. Fifteen countries host some 6,500 megawatts of offshore wind capacity. Before the year is out, the world total should exceed 7,100 megawatts. Although ...


    By Earth Policy Institute

  • Innovation risk slows offshore wind foundation development

    As offshore wind technology develops ever more gigantic machines further from shore into deeper waters, it is common wisdom that new foundation technologies are needed. But are they? Monopile, and some jacket foundations, still dominate the offshore wind market in commercial operation. Prototype floating foundations are performing well in demo or pilot projects, but scaling up is only ...

  • Maintenance Manager to control operation and maintenance of offshore wind farms

    Maintenance of wind farms is of increasing importance. Especially in remote areas, where logistics and accessibility are restricted, costs of preventive as well as corrective maintenance form a substantial part of the costs of electricity. The importance of a tool that assists in feedback to the design, failure logging, configuration control and maintenance planning is evident. This paper ...


    By Inderscience Publishers

  • Offshore Wind Versus Solar in the Eastern US: An Unexpected Rivalry

    Less than a decade ago, offshore wind energy and solar PV were similarly priced energy sources. Unsubsidized installed costs for both exceeded $5 per watt, or more than double that for land-based wind. Despite their cost, both technologies were seen as the best hopes for supplying urban centers with green power, especially in the BOSNYWASH (Boston-New York-Washington, DC) corridor of the eastern ...


    By AWS Truepower, LLC

  • Record 13bn euro invested in offshore wind in 2015: 3GW new capacity

    Offshore wind investments in Europe doubled in 2015 to €13.3 billion in a record year for financing and grid-connected installations.   A total of 3,019 MW in new offshore wind capacity came online in European waters in 2015, more than double what was connected to the grid in 2014. Europe's total offshore wind capacity is now 11,027 MW. A further 3,034 MW of capacity - spread across ten ...


    By WindEurope

  • Pricing mechanisms for offshore wind electricity in EU member states

    The aim of the study was to evaluate the pricing mechanisms for offshore wind electricity in those EU Member States (MS) possessing an important offshore wind resource and, on this basis, to determine the economic scenario faced by potential investors in the sector. The economic and energy policy framework of each MS was reviewed to establish the main factors determining the final price accorded ...


    By Inderscience Publishers

  • US launches multi-million $ plan to kick start offshore wind industry

    The new strategy from the Obama administration could challenge the UK’s place as world’s leading offshore wind energy hub. The US government unveiled yesterday a coordinated strategic plan to accelerate the development of offshore wind energy in a move that could ultimately challenge the UK's position as the world's leading offshore wind hub. Interior secretary Ken Salazar and energy ...


    By Vital Efficienci Ltd.

  • Offshore wind installation vessel capacity to tighten after 2020

    The existing fleet of turbine and foundation installation vessels is well suited to serve the European offshore wind market in the short and mid-term but it will not be sufficient to support installation demand after 2020, Michael Guldbrandtsen, senior consultant at MAKE Consulting, told Wind Energy Update. The next 2-3 years will continue to be dominated by orders for jack-up ...

  • Belgium Wind Power Market 2025: Levelized Cost of Energy (LCOE)

    RnRMarketResearch.com adds report “Wind Power in Belgium, Market Outlook to 2025, Update 2014 – Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles” to its store.   “Wind Power in Belgium, Market Outlook to 2025, Update 2014 Capacity, Generation, Levelized Cost of Energy (LCOE), ...


  • Planning of the grid integration of wind energy in Germany onshore and offshore up to the year 2020

    The ongoing penetration of large amounts of wind power capacities in Germany has strong impacts on the necessary promotion volumes (direct costs of Renewable Energy Source (RES) promotion) but also on necessary grid extensions, the future need for regulating and reserve power capacities, the thermal power plant system and the electricity price for end-consumers (indirect effects). On behalf of ...


    By Inderscience Publishers

  • Monopiles to remain Dominant Offshore Foundation in Europe: Consultant

    Monopiles will be Europe’s dominant offshore wind foundation for the next five years despite increasing turbine capacity, Tim Fischer, Head of Wind at German consultancy Ramboll, said. Monopile projects have dominated the offshore wind market but windfarms are moving towards larger turbines requiring larger foundations. While many proponents are promoting ...

  • Wind turbine controlling of the future

    Higher, more robust, more reliable: Parallel to the growing requirements for wind turbines, the requirements for monitoring sensors grow as well. But how can wind sensor manufacturers fulfil these wishes? And how should a future wind sensors look like? After analysing the current conditions and trends on the wind energy market, our CEO Klaus Hirzel compiled a wish list for future wind sensors. ...

  • UK offshore load factors accelerate on tech breakthroughs: 10-year study

    UK offshore load factors accelerate on tech breakthroughs: 10-year study The Crown Estate’s Offshore Wind Operational report 2015 shows there has been a gradual increase in the load factor for the UK fleet since 2004 on the back of more productive wind turbines, wind farms being built at windier sites and improved plant availability. The Crown Estate manages UK sovereign ...

  • EC support for UK power link raises Ireland’s offshore export potential

    The European Commission (EC) announced November 18 it had given priority status to ISLES, a cluster of Irish Sea grid projects which would transmit power from proposed Irish offshore wind farms to the UK grid. There are currently five Irish offshore windfarm projects for a total 2.6 GW of capacity. The inclusion of ISLES in the EC’s list of “projects of common interest” allows ...

  • Wind power is about to get a whole lot cheaper

    Wind energy is soaring around the world, thanks to technology advances and energy policies that have reduced its cost. And things are only going to get better — with prices dropping substantially by mid-century, according to a survey of 163 of the world’s leading wind energy ...


    By Ensia

  • Global wind power capacity reaches 100,000MW

    At its current growth rate, global installed wind power capacity will top 100,000 megawatts in March 2008. In 2007, wind power capacity increased by a record-breaking 20,000 megawatts, bringing the world total to 94,100 megawatts—enough to satisfy the residential electricity needs of 150 million people. Driven by concerns regarding climate change and energy security, one in every three countries ...


    By Earth Policy Institute

  • Rising offshore plant capacities lead to greater data-based O&M gains

    The growing size of offshore wind farms provides greater scope for data optimisation during Operations and Maintenance, while software solutions can also help mitigate risk during the development phase, Marcus Ihle, Senior Consultant at Outsmart, said. Further gains could be made if operators share more data from their growing databases with other plant owners, Ihle said. The ...

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