Search results for: costs

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  • 27 December 2012

    Siemens has already become somewhat of a leader in this field producing the world’s longest rotor blades for wind turbines. Measuring 75 meters in length, the blades are almost as big as the wingspan of an Airbus A380. As they move, each rotor covers 18,600 square meters, the size of two and a half soccer […]

  • 20 May 2014
    Business & Finance

    Rerouting ships to open up areas for offshore wind development could save billions of dollars in construction and operating costs for the renewable energy source, according to new findings by the University of Delaware’s College of Earth, Ocean, and Environment (CEOE). The savings come at a relatively small expense for sending commercial ships slightly farther […]

  • 16 January 2015

    As energy security rises up the agenda across Europe this winter, a report by independent analysts Cambridge Econometrics shows additional wind power would make the UK’s energy supply more resilient by cutting costly imports of fossil fuels. In 2013, wind energy reduced the UK’s need to import coal by an estimated 4.9 million tonnes and […]

  • 26 November 2012
    Wind Farm Update

    The construction and connection to the grid of Windreich’s North Sea projects Global Tech I, Deutsche Bucht and MEG 1 are running right on schedule. This makes Windreich AG the only project planner that hasn’t caused any additional burden for the consumers. “The largest investment is needed for the construction of offshore wind farm components […]

  • 21 June 2016
    Business & Finance

    Speaking at the Global Offshore Wind conference in Manchester, RenewableUK’s new Chief Executive, Hugh McNeal, said that offshore wind cost reduction “is on a scale that you might associate more readily with consumer electronics than with multi-billion pound infrastructure projects.” In his first speech to the offshore wind industry, he described the renewable energy sector […]

  • 13 July 2018
    Business & Finance, Operations & Maintenance, R&D, Technology

    The Danish Energy Agency has launched an updated levelized cost of energy (LCoE) calculator which shows that costs to build and operate an offshore wind farm in Denmark have declined by more than 30 per cent compared to previous projections.

  • 23 August 2012

    In a debate about offshore wind turbines, Consumer advocates warn against a shifting of costs to millions of consumers, writes Dradio. According to a letter from the Board of Consumer Organizations to the Federal Ministry of Justice, the proposed liability regime for the connection of offshore installations can be viewed with great concern. Even Consumer […]

  • 8 October 2012

    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 […]

  • 3 July 2013

    Current wind farm projects have indicated that costs have stabilised at around £140 / €160 per MWh and regulators have put forward a challenge that offshore wind should reach a LCOE of £100 / €120 MWh by 2020, in order to maximise the size of the industry. Opportunities for savings across Offshore Wind finance, technology […]

  • 19 February 2015
    R&D, Technology

    ​Dong Energy has chosen SmartWind Technologies for the supply of a dual-Doppler radar system for offshore wind measurement. The two radars are to be installed in 2016 on the coast near the Westermost Rough Offshore Wind Farm. They will produce high-resolution dynamic maps of the wind flow through and around the wind farm. The measurement […]

  • 25 December 2012

     The test bench is among the most advanced in the world and besides testing of durability, function and mechanics of the nacelle, the facility can test wind turbine stability and capacity in a wind farm with many turbines and analyse how the entire wind park relates to a specific grid code. The Danish wind power […]

  • 11 April 2019
    Grid Connection

    German offshore grid network system is too expensive, inefficient, and will lead to billions of euros in additional costs by 2030 compared to its UK counterpart, according to a study commissioned by Ørsted. The study, Market Design for an Efficient Grid Connection of Offshore Wind Energy, carried out by DIW Econ, compared the market design of German offshore grid […]

  • 8 May 2015
    Business & Finance

    With offshore wind farms DanTysk, Nordsee Ost, Borkum and Global Tech I alone, more than 2,000 MW of German offshore wind energy has been installed in the North and Baltic Seas. End of this year will see the installed capacity rise to more than 3,000 MW. This corresponds to the capacity of more than two large nuclear power […]

  • 29 January 2014
    Business & Finance, Operations & Maintenance, R&D, Technology

    Efforts to lower the cost of offshore wind energy have taken a step forward with the SPARTA (System Performance, Availability and Reliability Trend Analysis) project, which will create a database for sharing anonymised offshore wind farm performance and maintenance data. The project was launched today by the Offshore Renewable Energy (ORE) Catapult, The Crown Estate, […]

  • 22 September 2011
    Grid Connection

    A European “supergrid” connecting the electricity network of Britain to those of mainland Europe could cut the cost of connecting offshore… By Alex Morales (bloomberg) [mappress] Source: bloomberg, September 22, 2011

  • 22 February 2011
    Business & Finance

    Wind energy may be catching its second wind lately. How’s that for a pun? The cost of generating electricity from wind is now close to the… By Anthony Alfidi (wallstreetpit) [mappress] Source: wallstreetpit, February 22, 2011

  • 7 July 2015
    Business & Finance

    Ocean Power Technologies has begun deployment of the mooring system and is waiting for a suitable weather window for final buoy deployment, said George H. Kirby, President and Chief Executive of the company. He also expects their APB-350 A1 buoy to achieve fully permitted status for deployment soon followed by the deployment this summer. Additionally, OPT […]

  • 25 November 2014
    Business & Finance, Grid Connection, Technology, Vessels

    As announced yesterday, Ofgem has awarded GBP 46.4 million for eight energy-related projects. Among them, a company running transmission assets of the Ormonde offshore wind farm proposes to develop an offshore cable repair vessel and universal cable jointing system in a way that would significantly reduce costs. TC Ormonde OFTO Limited plans to convert an existing telecom-cable repair vessel  […]

  • 29 May 2019
    Business & Finance

    The average cost of electricity produced by offshore wind could decrease by 15%, to USD 0.108/kWh, by 2022, or 4% per year, according to a new report by International Renewable Energy Agency (IRENA). The Renewable Power Generation Costs in 2018 report states that offshore wind projects in 2022 would mainly span the range USD 0.06 to USD 0.14/kWh, […]

  • 13 May 2010

    Cape Wind remained in the news today, as several Massachusetts politicians spoke out against the cost of electricity from the newly approved…   [mappress] Source: offshorewindwire, May 12, 2010;

  • 14 November 2011
    Grid Connection

    Plans being considered by the industry regulator could undermine the prospect of new UK nuclear power plants.   By Douglas Fraser (bbc) [mappress] Source: bbc, November 14, 2011

  • 10 November 2011
    Business & Finance

    A Massachusetts law requiring utilities to purchase more electricity from renewable energy sources has helped make the state more…  (Associated Press) [mappress] Source: Associated Press, November 10, 2011;

  • 27 March 2014
    R&D, Technology

    Scientists from Universidad Carlos III in Madrid (UC3M) are participating in a European research project that involves developing a new type of tidal energy generator that will be cheaper and more efficient. The device would replace conventional magnetic materials for new materials that are made using an alternative technology. The objective of the MAGNETIDE project […]

  • 16 March 2018
    Wind Farm Update

    Mammoet today (16 March) released details about the installation of four offshore wind turbines at Nissum Bredning, saying the turbines had been erected efficiently and cost-effectively by excluding dredging, which would have been imperative at this shallow-water site if a conventional approach had been employed.

  • 30 July 2010
    Business & Finance

    Energy giant E.ON today announced it will be investing into a pioneering industry initiative to slash the costs of offshore wind power.E.ON… (commodities-now) [mappress] Source: commodities-now, July 30, 2010;

  • 15 May 2014
    Business & Finance

    Danish company Global Lightning Protection Services A/S has developed the Lightning Key Data System that can measure the presence and extent of a lightning strike in wind turbines. The system is designed and tested especially for the harsh environmental conditions under which a wind turbine operates. The Lightning Key Data System can be mounted on […]