Cost reduction that has been achieved by the offshore wind industry is “simply incredible”, Offshore Wind Energy (OWE) 2017 has heard.
RenewableUK chief executive Hugh McNeal said the sector is at a “very significant moment” and is having a “wonderful effect” on coastal communities through job creation.
McNeal, who was speaking at the opening session of OWE 2017 in London, said the cost reductions seen in the offshore wind sector are more commonly associated with other industries.
“From niche to mainstream, from small scale to being an infrastructure leader, from the UK and Europe to a genuinely global technology being developed all over the world it is wonderful to witness the transformation of offshore wind,” McNeal said. WindEurope chief executive Giles Dickson said cost reduction was “truly remarkable” and said with the right policies the sector can expand significantly.He said by 2030, some 25% of European energy could come from offshore wind at “competitive” prices of €54 per megawatt-hour including grid connection and system integration costs..
renews.biz/107339/cost-reduction-incredible/
RenewableUK chief executive Hugh McNeal said the sector is at a “very significant moment” and is having a “wonderful effect” on coastal communities through job creation.
McNeal, who was speaking at the opening session of OWE 2017 in London, said the cost reductions seen in the offshore wind sector are more commonly associated with other industries.
“From niche to mainstream, from small scale to being an infrastructure leader, from the UK and Europe to a genuinely global technology being developed all over the world it is wonderful to witness the transformation of offshore wind,” McNeal said. WindEurope chief executive Giles Dickson said cost reduction was “truly remarkable” and said with the right policies the sector can expand significantly.He said by 2030, some 25% of European energy could come from offshore wind at “competitive” prices of €54 per megawatt-hour including grid connection and system integration costs..
renews.biz/107339/cost-reduction-incredible/