NewEnergyNews: Global Offshore Wind Moves To Energy Mainstream/

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    Founding Editor Herman K. Trabish

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    Friday, June 01, 2018

    Global Offshore Wind Moves To Energy Mainstream

    Offshore Wind: From the Margins to the Centre-Ground

    31 May 2018 (International Renewable Energy Agency)

    “Offshore wind energy stands on the cusp of rapid and widespread growth. Breakthroughs in fixed bottom and floating foundations, and the development of giant turbines able to power thousands of homes, are creating new deployment opportunities and driving cost reductions across the industry. The UK, Denmark and Germany were pioneers in the sector and now are established leaders, and China has recently emerged as a key player having installed 1.1GW of capacity last year…[To grow from its current 19 GW of global installed capacity to its estimated 500 gigawatts (GW) of installed capacity potential, the industry must develop and adopt] international standards that govern the entire technology life cycle…[According to a new report from the International Renewable Energy Agency (IRENA), the] numerous benefits associated with international standards include increased consumer and investor confidence, improved safety, greater reliability and reduced transaction costs for offshore technology, creating a pathway to accelerated growth…” click here for more

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