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.
South Africa's new budget plans failed to calm the volatility in currency trading which has increased the challenges for foreign renewable investors. A deep pool of domestic lenders should support wind capacity expansion while the government steers the country towards faster growth.
Portugal’s Iberwind has increased the availability of its wind farms by around 4% since 2007 and expects further performance improvements following trailblazing tests on yaw alignment and blade aerodynamics, Rui Maia, Iberwind’s Operation and Maintenance Manager, said.
The emergence of a blade manufacturing base in South Africa's expanding wind power industry could see local content levels far exceed 50% in upcoming project bids, Johan van den Berg, CEO of the South African Wind Energy Association, said.
Statoil’s projections of 70% CAPEX cuts on the world's first floating turbine windfarm far outstrip industry-wide forecasts and supply chain and installation savings will see project costs approach fixed foundation plants over the next decade.
Firms in markets offering low incentives for repowering have developed cost efficient maintenance which can expand lifespans by as much as ten years and improve condition monitoring systems to maximize profits.
Ireland's offshore wind development has been boosted by the European Commission's decision to prioritize an Ireland-UK interconnector program and national regulatory issues must now be resolved to ensure construction, industry experts said.
The UK Offshore Renewable Energy (ORE) Catapult center is in talks with a number of firms to join its $1.5 million (GBP1 million) project aimed at reducing the impact of turbine blade erosion and cutting electricity output costs, Andy Kay, ORE’s engineering lead for the program, said.
Midwest utility Alliant Energy has lowered Operations and Maintenance costs by using preventive maintenance and a hybrid service model that leverages internal turbine expertise and third party service providers, Michelle Arenson, Regional Director of Wind Generation and Operations at Alliant Energy told Wind Energy Update.
Offshore project developers face a limited supply of vessels capable of installing new higher capacity turbines in deeper waters until the arrival from around 2018 of a new generation of purpose-built installation vessels, according to Wind Energy Update’s Offshore Foundations and Supporting Structures Report 2015.