Search results for: costs

14734 results

A list of search results

  • 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, […]

  • 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 […]

  • 6 December 2010
    Business & Finance

    New Jersey is far out in front of other East Coast states with its plans for offshore wind power — and could become a front line in the gathering political battle between old and new energy industries. Four proposed projects would build up to 1,750 megawatts of wind-driven power off New Jersey. One early demonstration […]

  • 13 December 2010

    The cost of technology must fall in order for the UK’s carbon emissions to be reduced, Renewable UK has said. According to the trade and… (energysavingtrust) [mappress] Source: energysavingtrust, December 13, 2010

  • 9 June 2010
    Operations & Maintenance

    Operation and maintenance (O&M) costs account for a significant portion of the overall costs of all wind farm projects, but it will take a… [mappress] Source: newenergyfocus, June 08, 2010;

  • 3 November 2010
    Grid Connection

    A lack of coordination in building grid links to connect offshore wind farms to onshore networks in the U.K. could push overall investment… By Selina Williams (nasdaq) [mappress] Source: nasdaq, November 03, 2010;

  • 21 June 2011

    The prevailing theme at the offshore renewable energy conference “Energy Ocean International 2011” in the US state of Maine was that while… (esi-africa) [mappress] Source: esi-africa, June 21, 2011;

  • 26 March 2019
    Business & Finance, Technology

    The benchmark levelized cost of electricity (LCOE) for offshore wind has fallen 24% since the first half of 2018, according to the latest analysis by BloombergNEF (BNEF). Auction programs for new offshore wind capacity, combined with much larger turbines, have produced sharp reductions in capital costs, taking BNEF’s global benchmark for this technology below USD 100 per […]

  • 18 July 2017
    R&D, Technology

    Wind measurement experts, gathered at a seminar hosted by Leosphere in June, claimed LiDAR is becoming the clear choice for bankable offshore wind measurements, saving millions on costs.

  • 28 June 2013

    The strategy of the European wind industry up unto 2030 is to develop offshore wind turbine technology into being the most competitive energy source. The target from the EU Commission is that the sector should cover a third of European electricity demand by 2030. By 2050, wind power should supply half of the electricity demand […]

  • 10 February 2014
    Operations & Maintenance, R&D

    A new European FP7 project, LEANWIND, which commenced in December 2013, received funding of €10million from the European Commission. The project seeks to address inefficiencies in logistics and transport issues for offshore wind installations and so contribute to the reduction of costs. LEANWIND was awarded to a consortium of 31 partners from 11 countries and […]

  • 26 February 2015
    Business & Finance, Technology

    RenewableUK commented today on the release of Offshore Renewable Energy (ORE) Catapult’s ‘Cost Reduction Monitoring Framework’ on behalf of the Offshore Wind Industry Council. This is the most substantial and comprehensive look at what progress is being made in reducing offshore wind costs. A backward look at how costs have fallen between 2011 and 2014, the […]

  • 11 July 2012
    Operations & Maintenance, R&D

    Mathematicians in the UK and France have won €1.8 million funding to find ways of more efficiently transporting off-shore wind farms, which would make green energy more affordable. Experts in logistics from the Universities of Portsmouth, Le Havre and Plymouth are looking at reducing the cost of setting up and maintaining off-shore wind farms as […]

  • 14 June 2012

    Scottish Renewables has welcomed a new report which confirms the cost of offshore wind can be cut by 30 per cent to £100 per megawatt hour by 2020. Niall Stuart, Chief Executive of Scottish Renewables, said: “The Offshore Wind Cost Cutting Task Force has presented a clear case that offshore wind can become increasingly competitive […]

  • 16 March 2011

    Maryland’s Public Service Commission is saying a plan to make state utilities buy offshore wind energy will not cost ratepayers as much as…   (fredericknewspost) [mappress]   Source: fredericknewspost  ,March 16, 2011

  • 3 February 2015
    R&D has added “The Future Cost of Wind Power” 2015 market research report to the energy and wind power industry intelligence collection of its business research store. The cost of wind power has continued to fall compared with many other technologies over the past five years and is now approaching the level at which it […]

  • 13 November 2013
    R&D, Technology

    Siemens sees offshore wind cost reduction in greater output, less weight, improved production and installation processes of wind turbines. The company intends to apply this to reduce the offshore wind costs in the coming years. The company will present its new 4- and 6-megawatt wind turbines at the EWEA Offshore Trade fair in Frankfurt/Main. At […]

  • 30 August 2012

    The wind turbines planned by GlaxoSmithKline (GSK) as a part of a Montrose project faced refusal by the Angus Council, but the company does not give up on its other projects, specifically the tidal power generation. Namely, the Montrose project is part of an investment by GSK in the UK. The company plans to build a […]

  • 1 September 2015
    R&D, Technology

    A new type of sensor could soon be installed on the blades of subsea tidal turbines to monitor the interaction between marine life and renewable energy installations, as a result of a new collaborative project involving the Offshore Renewable Energy (ORE) Catapult and CENSIS. The organisations’ research will aim to improve the monitoring of activity […]

  • 26 February 2015
    R&D, Technology

    The international wind energy conference EWEA Offshore 2015 in Copenhagen in early March will see Siemens focusing on innovations supporting cutting the costs of offshore wind power. In addition to further developing the technology of its wind turbines, the company is advancing the efficiency of turbine-to-grid connections and creating new offshore logistics concepts for turbine […]

  • 10 October 2013
    Business & Finance, R&D, Technology

    Siemens will reduce the cost of offshore wind turbines by 30 percent by 2020. The head of the offshore wind business from Siemens, Michael Hannibal told this to the Handelsblatt news site. As a result, the price of electricity per kilowatt-hour will drop to about ten euro cents. Today, the kilowatt hour costs from 12.8 […]

  • 30 April 2012

    Driving down costs is one of the biggest issues for companies wanting a place in the renewables supply chain, says a Humber-based industry expert. Developers looking to find suppliers and partners will increasingly expect a focus on cost-reduction according to Andrew Oliver, head of renewables at legal firm Andrew Jackson, which has offices in Hull […]

  • 18 June 2015

    A half-day conference at London’s Excel is set to investigate lessons and opportunities for cost reduction from three highly relevant sectors that will play vital roles in the industry’s future growth – manufacturing, digital and satellite applications. Organised by ORE Catapult in collaboration with the HVM, Digital and Satellite Applications Catapults, the conference will be held […]

  • 19 September 2014
    Business & Finance, R&D

    Lazard Ltd has released its Levelized Cost of Energy Analysis – Version 8.0, an in-depth study comparing the cost of generating energy from conventional and alternative technologies. Lazard’s Global Power, Energy & Infrastructure Group has been publishing the study since 2008.  The study shows the acceleration of an ongoing trend: Utility-scale solar and wind power […]

  • 14 October 2010
    Business & Finance

    Since Windpower Monthly’s January offshore event, cost-efficiency in the wind industry has been placed at the top of everyone’s agenda.As a… (windpowermonthly) [mappress] Source: windpowermonthly,October 14, 2010;

  • 9 September 2013

    More than 150 senior level wind industry executives – already comprised of 25 Utilities and 80 installation specialists – have begun to engage with one another in preparation for their arrival at Hamburg’s Royal Meridien for the 5th Annual Offshore Wind Construction, Installation and Commissioning Conference (October 14-15, 2013). With a global delegation, attendees are […]