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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.
Hywind Scotland, the first floating wind farm in the world, has started delivering electricity to the Scottish grid and the First Minister Nicola Sturgeon officially opened the wind farm on 18 October.
The costs of floating offshore wind in Europe could decrease from the current EUR 180-200 per MWh to EUR 40-60 per MWh by 2030 with the right visibility in terms of volumes and industrialization, according to WindEurope’s Policy Blueprint.
Friends of Floating Offshore Wind is calling on the UK to commit to a target of 1GW of floating offshore wind by 2025 and 5GW by 2030.
Marine renewables developer Atlantis Resources has signed a Strategic Partnership Agreement (SPA) with South Korean offshore construction giant Hyundai Engineering & Construction to collaborate on the development of ocean power renewable projects globally.
Windplus S.A. will receive around EUR 96 million from the European Investment Bank (EIB), the EU’s NER300 programme and the Government of Portugal to build the 25MW WindFloat Atlantic floating wind farm.