NewEnergyNews: TODAY’S STUDY: THE STEADY BUILD-OUT OF OCEAN WIND IN EUROPE

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YESTERDAY

  • ORIGINAL REPORTING: 4 Drivers Of Solar Growth Everybody Needs To Know
  • ORIGINAL REPORTING: The Maryland RPS And The National Divide On Clean Energy
  • ORIGINAL REPORTING: Why California Wants Western Electricity Delivery Organized
  • THE DAY BEFORE

  • TODAY’S STUDY: Who In Clean Tech Is Boosting New Energy
  • QUICK NEWS, January 17: New Energy’s Fight Against Climate Change Won’t Be Done; New Energy Jobs Leapt Again Last Year; Nebraska Gets Wind Power Economy Bump
  • THE DAY BEFORE THE DAY BEFORE

  • Weekend Video: A Call To Climate Action From Al Gore
  • Weekend Video: A Closer Look At Wind And Solar
  • Weekend Video: Why Solar Beats Coal
  • THE DAY BEFORE THAT

  • FRIDAY WORLD HEADLINE-Does Climate Change Make Nuclear A Good Idea?
  • FRIDAY WORLD HEADLINE-Who In The World Is Winning With Solar?
  • FRIDAY WORLD HEADLINE-Wind Powers Scotland Four Straight Days
  • FRIDAY WORLD HEADLINE-Will China Bust Open The Global EV Market?
  • AND THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT THURSDAY, January 12:

  • TTTA Thursday-New Energy Mandates, Part 1 - Cleaner Air and Water
  • TTTA Thursday-New Energy Mandates, Part 2 - More Jobs
  • TTTA Thursday-New Energy Mandates, Part 3 - Better Health, Less Climate Change
  • TTTA Thursday-New Energy Mandates, Part 4 - The Great Deal
  • THE LAST DAY UP HERE

  • ORIGINAL REPORTING: Rates That Will Grow Energy Efficiency
  • ORIGINAL REPORTING: Big Utilities Like Solar’s Future
  • ORIGINAL REPORTING: How To Grow The U.S. Electron Superhighway
  • --------------------------

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    Anne B. Butterfield of Daily Camera and Huffington Post, f is an occasional contributor to NewEnergyNews

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    Some of Anne's contributions:

  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
  • NEW BILLS AND NEW BIRDS in Colorado's recent session, May 20, 2013
  • Lies, damned lies and politicians (October 8, 2012)
  • Colorado's Elegant Solution to Fracking (April 23, 2012)
  • Shale Gas: From Geologic Bubble to Economic Bubble (March 15, 2012)
  • Taken for granted no more (February 5, 2012)
  • The Republican clown car circus (January 6, 2012)
  • Twenty-Somethings of Colorado With Skin in the Game (November 22, 2011)
  • Occupy, Xcel, and the Mother of All Cliffs (October 31, 2011)
  • Boulder Can Own Its Power With Distributed Generation (June 7, 2011)
  • The Plunging Cost of Renewables and Boulder's Energy Future (April 19, 2011)
  • Paddling Down the River Denial (January 12, 2011)
  • The Fox (News) That Jumped the Shark (December 16, 2010)
  • Click here for an archive of Butterfield columns

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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  • ---------------
  • THINGS-TO-THINK-ABOUT THURSDAY, January 19:

  • The Heat Stayed On In 2016
  • Three Ways Solar Will Grow
  • North Carolina Ocean Wind Bidding To Open
  • Plugs Could Change The Future of Cars Completely

    Tuesday, June 30, 2015

    TODAY’S STUDY: THE STEADY BUILD-OUT OF OCEAN WIND IN EUROPE

    Offshore Wind in Europe; Walking the tightrope to success

    March 2015 (Ernst and Young)

    Key Findings

    In a context of strong commitment on GHG emissions reduction and uncertainty on fossil fuel prices and energy security, the large-scale deployment of renewable energy capacity appears indispensable to Europe moving forward. Offshore wind energy represents a crucial component of the future European energy system:

    • Offshore wind in Europe currently represents one of the most stable sources of renewable energy, with increased energy capture expected due to Europe’s leading position in offshore wind R&D.

    • Offshore wind energy is expected to grow to 23.5 GW by 2020, tripling current installed capacity.

    • Industry efforts to reduce capital and operating costs mean that offshore wind will become highly competitive by 2023 when compared to other sources of energy. LCoE could reach €90/MWh by 2030 as long as a continual stream of projects enters the pipeline.

    • The policy framework for securing 27% renewables and 40% reduction in GHG emissions by 2030 is currently unclear. However, in an “Offshore Wind Scenario”, the installed capacity of offshore wind power could reach almost 65 GW by 2030, allowing wind energy to make up more than 25% of electricity generation in Europe.

    • The “Offshore Wind Scenario” could also save Europe €18b each year on fuel imports in 2030. Applying the SCoE model to the “Offshore Wind Scenario” shows that it is possible to build a low carbon energy sector €4b cheaper than in a “Nuclear Scenario”. Compared with other energy mix scenarios, prioritizing offshore wind energy could create the most jobs in the energy sector, displace the most carbon, and would be cheaper for society than nuclear or conventional sources of energy.

    Today’s needed actions for 2030

    In order to secure Europe’s commitments to climate change, energy security and a low carbon economy, offshore wind should be considered as an important component to the power mix. Continued cost reduction and support from policy makers are necessary to maximize the potential of offshore wind resources and to realize the socioeconomic benefits of a fully industrialized and emerging sector. Several key priorities have been identified to address these challenges:

    • Ensure a stable regulatory framework and define long-term policy schemes

    • Improve access to finance for the offshore wind sector

    • Ensure cost-effective grid investment and connection

    • Address planning system issues

    • Face supply and logistics challenges

    • Support innovation and training, and enhance synergies to reduce costs

    The potential of offshore wind and the industry today…The cost of offshore wind…The future of offshore wind… Industry and government actions to realize the potential of offshore wind…

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