Search results for: cost reduction

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A list of search results

  • 12 September 2017
    Contracts & Tenders

    WindEurope has called on the UK and other European governments to provide more clarity to the offshore wind industry after 2020 by committing to ambitious offshore wind deployment targets. The association’s call came yesterday, 11 September, following the results of the UK Contracts for Difference (CfD) auction.

  • 1 August 2013

    The Crown Estate welcomes the publication of the Offshore Wind Industrial Strategy and its long-term vision for the UK offshore wind industry. In 2012, offshore wind contributed 2.3 per cent to national electricity needs and this number is set to quadruple according to the latest scenarios presented in the strategy. The strategy is key to […]

  • 25 August 2014

    Cutting costs of offshore wind energy through innovation, and smarter and cheaper production and installation of offshore wind turbine substructures are the common goals for a whole host of international experts who will be gathering on 12 September at LORC Testing Centre.   Keynote lecturers from Siemens Wind Power, Force Technology and DONG Energy will […]

  • 11 September 2017
    Business & Finance

    After the UK government awarded three offshore wind projects with Contracts for Difference (CfDs), RenewableUK and Offshore Renewable Energy (ORE) Catapult commented on the news, highlighting the major decline in the cost of offshore wind.

  • 12 November 2013
    Technology

    Mojo Maritime will introduce its Mermaid (Marine Economic Risk Management Aid) software at this year’s EWEA Offshore event in Frankfurt, Germany. The Mermaid is a validated software tool for the analysis of weather risk on offshore operations in the demanding environments experienced at marine energy sites, such as Round 3 wind farms and the Pentland […]

  • 6 January 2014
    Grid Connection, R&D

    The Carbon Trust awarded a contract to Ecofys UK Ltd on December 19 for Technology Delivery Consultant (HVAC Optimisation) Study. The study focuses on ways to optimise AC technology in relation to offshore wind farms. It includes consideration of matters such as the identification and review of issues and opportunities associated with AC transmission. What […]

  • 18 November 2015
    Authorities, Business & Finance, Grid Connection, Operations & Maintenance, Ports & Logistics, R&D, Technology

    The UK Government will secure funding for three offshore wind auctions by 2020 under the condition that the industry further cuts down the costs. This was announced by the UK Energy and Climate Change Secretary Amber Rudd, who revealed a new direction for UK energy policy today, setting out her policy priorities and the strategy for putting them into action. Some 10GW […]

  • 11 June 2014
    R&D, Technology

    The Carbon Trust’s Offshore Wind Accelerator (OWA) is joining forces with Statoil, Statkraft, EON, DONG Energy and Universal Foundation, in close co-operation with Aalborg University, to undertake installation trials of the Universal Foundation ‘suction bucket’ offshore wind foundation. Such innovative foundation designs alone have the potential to reduce the capital costs of offshore wind energy by up […]

  • 10 March 2015
    Business & Finance

    Three of the biggest names in the offshore wind industry have initiated a joint declaration – called ‘United Industry’ – as part of a commitment to reducing costs in the sector. Dong Energy, MHI Vestas and Siemens Wind Power and Renewables have pledged to undertake joint and individual actions across the whole of the value […]

  • 25 October 2013
    Business & Finance, Operations & Maintenance

    The main focus of the OWIM Conference this year was cost reduction in offshore wind installation and maintenance, which would eventually lead toward cheaper electricity generated from offshore wind resources. Two sessions were held under the title Bringing Down LCOE (Levelised Cost of Energy), discussing lessons learned in foundation, turbine and cable installation, as well […]

  • 17 July 2013

    RenewableUK welcomed the publication of the Consultation on the draft Electricity Market Reform Delivery Plan as another step in the EMR process, but expressed concern about the 2030 scenarios outlined in it; most of which see only a very limited role for development of wind during the 2020s. Based on predicted capacity by 2020 – […]

  • 21 November 2013
    Authorities, Grid Connection, R&D

    The Crown Estate has commissioned a study into best practice in offshore transmission for offshore wind, building on recommendations from the Offshore Wind Cost Reduction Task Force made last year. It is envisaged that information gathered from a range of developers, OFTOs, OEMs and other stakeholders such as the ORE Catapult will be collated in […]

  • 14 May 2015
    R&D

    Ocean Energy Systems (OES) started to prepare an International Ocean Energy Technology Roadmap. The overall object of the ocean energy technology roadmap, initiated in April 2015, is to achieve Levelised Cost Of Energy (LCOE) targets within the ocean energy sector. This requires principal focus on two key areas: Reliability improvement and Performance Improvement. Ocean energy […]

  • 13 May 2014
    Authorities, Business & Finance

    The UK Department of Energy and Climate Change (DECC) has unveiled proposals to maintain the growing momentum behind renewable electricity investment in the UK, while continuing to deliver value for money for consumers. Since 2010 the UK’s renewable electricity capacity has doubled; in the same period, over £34 billion of private sector investment has been announced, […]

  • 8 October 2012
    Authorities

    Chairman of the UK Government’s Offshore Wind Cost Reduction Task Force, Andrew Jamieson, said that he expects the costs of offshore renewable energy to drop over 30% by 2020, thanks to increased collaboration between companies. Mr. Jamieson will be speaking at the Scottish Low Carbon Investment Conference on Wednesday in Edinburgh, with the main focus […]

  • 31 March 2016

    ORE Catapult delivered the second Cost Reduction Monitoring Framework (CRMF) to the UK Offshore Wind Programme Board this month. According to the report, offshore wind costs are falling fast with 12 of 13 cost indicators on or ahead of target. The industry is confident of driving costs below £100/MWh by 2020 on the back of long-term market […]

  • 11 September 2017
    Authorities, Business & Finance, Wind Farm Update

    Statkraft and innogy, the developers of the 860MW Triton Knoll wind farm off Lincolnshire, England, plan to take the Final Investment Decision (FID) on the project by mid-2018.

  • 13 June 2012

    A new report launched today by the industry-led Offshore Wind Cost Reduction Task Force shows that the UK is on course to reduce the cost of electricity from offshore wind substantially over the next seven years. The report builds on detailed evidence in a study by The Crown Estate, also published today, to show how […]

  • 27 June 2013

    The Crown Estate have announced the winners of their business awards 2013. Now in their seventh year, the awards recognise organisations that successfully adopt innovative approaches to meet their business objectives, make a stand-out contribution to the communities in which they operate and make significant efforts to reduce their impact on the environment. The winners […]

  • 27 July 2012

    Carbon Trust has responded to the Banding Review for the Renewables Obligation, which sets out support levels for renewable electricity technologies for the period 2013-2017.  James Wilde, Director of Innovation and Policy at the Carbon Trust said: “The Government’s decision to reduce the support provided to onshore wind by 10% is sensible as it is […]

  • 20 July 2016

    The new German Renewable Energy Sources Act (EEG) means troubled waters for the German offshore wind industry, according to a press release jointly issued by AGOW (Arbeitsgemeinschaft Offshore-Windenergie), Stiftung OFFSHORE-WINDENERGIE, VDMA Power Systems, BWE (Bundesverband WindEnergie) and WAB. The number of new offshore wind installations in Germany was relatively moderate in the first half of the year, […]

  • 14 July 2014
    Authorities, Business & Finance, R&D

    A project to cut the cost of offshore wind by at least 10% is being awarded £2.2 million by the Scottish Government, First Minister Alex Salmond has announced. The Carbon Trust’s Offshore Wind Accelerator (OWA) programme, a joint industry and government scheme, brings together nine offshore wind developers with over 72% (31GW) of the UK’s […]

  • 15 June 2012

    The so-called finance gap could be a drag on UK offshore wind deployment, according to a poll conducted at the RenewableUK Global Offshore Wind 2012 Conference in London. The survey, which was conducted by global renewable energy consultant GL Garrad Hassan, revealed that 59% of participants thought that it will have a detrimental effect on […]

  • 28 August 2012
    Authorities, R&D

    The Crown Estate is asking for responses to an industry questionnaire which will help shape the future of offshore wind test and demonstration (T&D) sites in UK waters. The UK is the world leader in terms of installed capacity of offshore wind, and with further projects under construction and coming to the consenting stage, looking […]

  • 31 October 2013

    IHC Hydrohammer, IHC Handling Systems and IHC Sea Steel, all three business units of IHC Merwede, will be hosting the 2013 Expert Challenge at the EWEA Offshore in Frankfurt, Europe’s largest offshore wind energy conference and exhibition. By taking part in the Expert Challenge, offshore wind supply chain industry specialists will be challenged to find […]

  • 6 December 2016

    With the offshore wind industry still in process of reaching its full technological and economical potential, innovation and cost reduction are inevitable subject whichever part of the industry one refers to. This might especially be true with design and engineering, where companies are trying to come up with novel and cost-effective solutions to advance the […]