The UK's removal of Climate Change Levy (CCL) exemptions for renewable energy projects puts further pressure on developers to improve on the latest record-low offtake prices of GBP114-119/MWh through large scale deployment of the most advanced turbine and grid technology.
New detailed evidence of increasing load factors for UK offshore windfarms is great news for the future of the industry, Ian Pritchard, Energy Asset Portfolio Manager at the UK Crown Estate told Wind Energy Update.
Manufacturing costs for Mono Bucket foundations are around 10-15% below the costs for monopile systems and installation costs around 30-50% lower, Lorry Wagner, President of Lake Erie Energy Development Corporation (LEEDCo), told Wind Energy Update.
Energy storage solutions such as pumped hydro provide wind farm developers with the means to cut output wastage during off-peak periods, Dave Holmes, Managing Director of UK’s Quarry Battery Company, said.
The growing size of offshore wind farms provides greater scope for data optimisation during Operations and Maintenance, while software solutions can also help mitigate risk during the development phase, Marcus Ihle, Senior Consultant at Outsmart, said.