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Offshore wind energy in U.K. far ahead of lower-cost target

Posted: Mon Jan 30, 2017 6:51 pm
by GRA
Via GCR: http://www.greencarreports.com/news/110 ... ost-target

The price of energy generated by offshore wind farms has been falling steadily, and ahead of schedule too. Costs have fallen 32 percent since 2012, bringing them below a target of £100 per megawatt-hour previously set by the U.K. government and utilities. Wind energy wasn't expected to reach that threshold until 2020, according to the annual Cost Reduction Monitoring Framework report issued by the Offshore Renewable Energy Catapault advocacy group. . . .

The number of sites with the potential for development into wind farms now significantly exceeds the funding available from the U.K. government for such projects, the report said. This forced developers to cut costs more aggressively. As a result, offshore-wind projects finalized in 2015 and 2016 achieved average energy costs of £97 per MWh, compared to £142 per MWh for those finalized in 2010 and 2011. . . .

Re: Offshore wind energy in U.K. far ahead of lower-cost target

Posted: Mon Jan 30, 2017 7:09 pm
by SageBrush
Fantastic. They are at about 12 US cents per kWh now. As a supplement to very inexpensive daytime PV, that is progressing quite nicely.

Re: Offshore wind energy in U.K. far ahead of lower-cost target

Posted: Thu Feb 02, 2017 9:05 am
by Lancpudn
I was reading recently that renewable energy from solar panel, wind turbine & biofuel in the UK has overtaken coal fired produced energy for the first time. :)

Re: Offshore wind energy in U.K. far ahead of lower-cost target

Posted: Sun Mar 12, 2017 1:04 pm
by Lancpudn
This will be pretty cool when it gets up & running 8-) an artificial power island in the north sea. https://www.rt.com/business/380012-west ... er-island/

Re: Offshore wind energy in U.K. far ahead of lower-cost target

Posted: Sun Mar 12, 2017 1:45 pm
by SageBrush
Lancpudn wrote:This will be pretty cool when it gets up & running 8-) an artificial power island in the north sea. https://www.rt.com/business/380012-west ... er-island/

Fantastic