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Trump needs to stop US Offshore wind turbines

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  • The Doctor
    replied
    The UK taxpayers are getting swindled...
    The next wave of renewable energy funding has been set for eighteen months time in a bid to build on the dramatic fall in technology costs seen in the latest round of auctions.

    Renewable developers will compete for a slice of £557m to support new energy technologies such as offshore wind where costs have halved in recent years.

    The plunging cost of offshore wind in the most recent auction meant more wind farms were able to apply for the £294m funding pot, bringing an investment surge of £17.5bn into the UK.
    http://www.telegraph.co.uk/business/...e-energy-boom/

    The lower the £/MWh bid, the bigger the pot of corporate welfare...
    The UK’s offshore wind sector could power a £17.5bn investment in the UK economy over the next four years after faster than expected cost-cutting slashed subsidies for the technology by half.

    The Government’s latest auction for support contracts, released on Monday, shows that offshore wind costs have halved in recent years to under £58 for every megawatt-hour of electricity produced, even lower than the estimates given by experts in the run-up to the results.

    The lower costs mean more wind farms will be able to apply for the £294m funding pot, bringing an investment surge of £17.5bn into the UK. The boom is even greater than the £11bn predicted by Renewable UK as recently as last week.
    http://www.telegraph.co.uk/business/...e-energy-boom/
    Introduction
    While the world absorbed the outcome of the US presidential election on November 9, 2016, the UK Government finally published plans for the second allocation round (AR2) for Contracts for Difference (CfD) which is now planned to start in April 2017.

    Consistent with announcements made in the Budget in March 2016, the Government has allocated £290m of funding for projects using “less established” technologies (so-called “Pot 2” technologies) commissioning in the 2021/22 and 2022/23 delivery years. Successful projects will be awarded a 15 year CfD.

    To be eligible to participate in AR2, all projects must have a target commissioning date falling between April 1, 2021 and March 31, 2023. For offshore wind projects building in phases, they will be permitted to commission up to two years later. Further details relating to eligibility and the auction round mechanics will be published in the Allocation Framework document in due course.

    It is important to recall that CfDs will be allocated to the cheapest projects first, regardless of their start date, provided that they fit within the budget profile. Also the strike price awarded to projects in an auction will be the highest strike price bid accepted for each delivery year (regardless of technology type), capped at the applicable technology specific administrative strike price.
    http://www.nortonrosefulbright.com/k...#autofootnote2

    Dong bid 57.4£/MWh (~$82/MWh) to get a chunk of the £294,000,000 "funding pot"...
    UPDATE - Dong to build Hornsea 2 after CfD win at GBP 57.5/MWh

    Sep 11 (Renewables Now) - Denmark's Dong Energy A/S said today it has taken a final investment decision on the 1,386-MW Hornsea Project Two offshore wind farm after being awarded a contract for difference (CfD) at a record low price for the UK of GBP 57.50 (USD 76/EUR 63.3) per MWh.

    A total of three offshore wind projects representing about 3.2 GW of capacity were successful in the UK government's CfD auction. The results, unveiled today, showed a hefty 50% fall in offshore wind costs compared to the previous tender in 2015. In the UK, the construction of grid connections is included in the project scope, unlike recent tenders in Germany, Denmark and the Netherlands. These assets are later sold to an offshore transmission licensee.

    Hornsea Project Two will be located 89 km (55 miles) from the Yorkshire coast and will become the world's biggest offshore wind farm, leapfrogging the 1,200-MW Hornsea Project One that Dong Energy is currently constructing. It is due to be operational from 2022.

    The UK government granted development consent for Hornsea Project Two, with a capacity of up to 1.8 GW, last summer.

    [...]

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  • Gooner
    replied
    Originally posted by The Doctor View Post
    Yes, we are. Although new nuclear is for us, surprisingly, the bigger swindle.

    Leave a comment:


  • The Doctor
    replied
    Originally posted by Gooner View Post
    "Energy from offshore wind in the UK will be cheaper than electricity from new nuclear power for the first time.

    The cost of subsidies for new offshore wind farms has halved since the last 2015 auction for clean energy projects

    Two firms said they were willing to build offshore wind farms for a guaranteed price of £57.50 per megawatt hour for 2022-23.

    This compares with the new Hinkley Point C nuclear plant securing subsidies of £92.50 per megawatt hour."

    http://www.bbc.co.uk/news/business-41220948
    Somebody is getting swindled...


    https://www.eia.gov/outlooks/aeo/pdf...generation.pdf

    Leave a comment:


  • Gooner
    replied
    "Energy from offshore wind in the UK will be cheaper than electricity from new nuclear power for the first time.

    The cost of subsidies for new offshore wind farms has halved since the last 2015 auction for clean energy projects

    Two firms said they were willing to build offshore wind farms for a guaranteed price of £57.50 per megawatt hour for 2022-23.

    This compares with the new Hinkley Point C nuclear plant securing subsidies of £92.50 per megawatt hour."

    http://www.bbc.co.uk/news/business-41220948

    Leave a comment:


  • Jazsa
    started a topic Trump needs to stop US Offshore wind turbines

    Trump needs to stop US Offshore wind turbines

    Says me!

    Has Trump said anything about offshore wind turbine projects.? I think the US has one running with a few more in the pipeline. Compared to European offshore development the US program is in its infancy - perfect time for an abortion.

    Offshore wind turbines appeal to the impractical leftwing greenies because the idea of it sounds fantastic. Their thinking being that spending a huge amount more on locating turbines offshore, instead of on land, has no negatives. No noise or space problems and because the taxpayer is a bottomless pit of money, the extra cost isn't a problem.

    TO those that don't know things either fixed in place or floating on the ocean are in one of the most corrosive environments on the planet. Maybe the most. It's corrosive effects can be largely mitigated but only through expensive application of protective coatings etc and expensive, constant and extensive maintenance. On top of corrosive effects, objects fixed in the ocean have to resist the constant forces applied it by currents and winds.

    Basically it's a retarded places to put wind turbines unless you can use other peoples money to do it. It's hard to find anything on the amount of money being spent to stop turbines dissolving by countries with offshore sites. I recently came across the following pdf from 2009 that puts 'unexpected corrosion damage' (unexpected for an idiot) costs at 18 billion euros ANNUALLY for the country of the Netherlands. Netherland's military budget is around 4 billion euro a year I think.

    http://www.we-at-sea.org/wp-content/...jle-Meijer.pdf

    From what I can gather this 18 billion euros is not factored in to cost per kilowatt calculations used to compare set up costs to other power sources such as coal and nuclear etc. No doubt because it would blow the costs out of the water. Infact, I dare say that governments seem to be actively trying to hide the amount of money being spent on maintaining offshore sites for fear of looking like the fools they are.

    I was a bit shocked at the 18 billion euro figure being spent every year but not really surprised. An offshore wind turbine is under attack 24/7 365 days a year by an ocean that thinks most of its component parts are delicious.

    I understand I've only got one source and would welcome any more that people might have. But if this is really what is being spent by the Netherlands then similar amounts will be being spent by other counties as well. It's lunacy and a massive waste of money.

    The article below puts the installation costs of a Rhode Island offshore site at $150000 per home powered, compared to $1000 for a nuke plant. Kind of supports the above.

    http://www.cfact.org/2017/05/03/offs...ently-powered/

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