More floating wind projects to come

By Sophie Chapman
Due to the success of the two floating wind projects launched in October, it is expected that more will open in the future.

Due to the success of the two floating wind projects launched in October, it is expected that more will open in the future.

Statoil launched the world’s first floating wind farm off the coast of Scotland on 18 October that will generate 30MW of energy, enough to power 20,000 homes.

In France, the 2MW Floatgen facility was launched on the Atlantic Coast, which was the country’s first offshore wind farm.

Now commercial floating wind farms are planned to be commissioned in the UK, Ireland, France, and Portugal.

SEE ALSO:

It is expected that wider deployment will lead to lower costs because of projects profiting from installation experience, economies of series, and the rise in confidence from investors.

In recent years, the cost bottom fixed offshore wind (BFOW) has been driven down, but they are not suitable for the depths of 60 meters where 80% of offshore wind resources are.

According to WindEurope, this means that 4TW of offshore capacity can only be supplied by floating projects.

“Floating offshore wind is expected to play a significant role in the growth of offshore wind going forward,” reported Irene Rummelhoff, Executive Vice President of Statoil’s New Energy Solutions division.

Statoil plans to reduce the cost of power generated from floating projects to between €40 and €60 (US$46 and $70) by 2030.

Share

Featured Articles

UK Government awards £54mn in heat network funding

Funding will support the development of schemes in London, Bedfordshire and Woking that use low-carbon heat sources

Shell posts $11.5bn second quarter profit

Shell's earnings fuelled by ongoing price rises and geopolitical instability as the energy major places greater focus on natural gas investments

bp opens first electric truck fast-charging facilities

Operated by bp’s Aral brand, the retail site at Schwegenheim in Rheinland-Pfalz has two 300kw chargers intended for electric trucks

Shell commits to developing Jackdaw gas field in North Sea

Oil & Gas

Prospex Energy raises £1.87m for Selva gas field development

Oil & Gas

Shanghai Electric Group launches low carbon business

Utilities