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The global offshore wind market is set to grow at a 16 percent compound annual rate from 2017 to 2030, reaching a cumulative capacity of 115 gigawatts compared with 17.6 gigawatts today, according to Bloomberg New Energy Finance.
Offshore wind levelized costs will slide 71% by 2040, according to the latest long-term forecast from Bloomberg New Energy Finance (BNEF).
The world could see as much as 237MW of floating offshore wind capacity installed by 2020, according to Bloomberg New Energy Finance (BNEF).
The Global Wind Energy Council (GWEC) has created a new Offshore Wind Taskforce to accelerate the development of offshore wind technology in non-European markets such as Asia and North America.
With the latest Dutch tender in process, we said farewell to 2017 and can now welcome 2018 with wishes for it to resume in similar manner as it is most likely to begin: with a concession contract for a project awarded at the first subsidy-free tender.
Portugal’s renewable energy mix could be boosted by offshore – and especially floating – wind, as the country could meet 39% of its electricity demand with wind power by 2030, while 25% is currently covered with 5GW of wind turbines on land.
Offshore Energy Exhibition and Conference on Tuesday hosted ‘The rise of renewables session’ that offered a quick-scan of various renewable energy technologies currently under development and the markets set for their commercial implementation.
As the UK government is scheduled to announce the winners of the Contracts for Difference (CfD) auction in autumn, projections on the offshore wind prices are emerging, with results of the latest offshore wind tender in Germany setting a benchmark.
The first quarter of this year saw a 60% year-on-year decrease in offshore wind financings, from USD 11.5 billion in Q1 2016 to USD 4.6 billion in Q1 2017, according to Bloomberg New Energy Finance’s (BNEF) report on global clean energy investment.
The European Commission will decide on the Siemens-Gamesa merger by 13 March. The deal involves Gamesa absorbing Siemens’s wind power assets in exchange for newly-issued shares in Gamesa, with Siemens owning 59% of the new company and Iberdrola retaining an 8% interest.