Following rapid price falls, offshore wind companies must tackle growing merchant risks to ensure future projects remain competitive and supply facilities remain profitable, leading industry executives said.
Grid operator ERCOT plans to roll-out intra-hour wind forecasting based on improved modelling while new research predicts a shift towards probabilistic forecasts could generate further gains, industry experts told New Energy Update.
Cost-effective transformer, cabling and system isolation solutions must be developed to accommodate rising wind turbine capacities and minimize plant downtimes, industry executives told New Energy Update.
Falling costs in Europe are prompting US. offshore wind developers to raise growth outlooks but faster deployment will require accelerated supply chain and infrastructure support, company executives said at the U.S. Offshore Wind 2017 conference on May 8.