Logistics of getting land-based wind turbines to sites could delay or cancel installations and risk up to $2.1 billion in revenue, an energy consultant study reports.
Alla Weinstein is described as “tenacious and focused” in her push to have lots of floating turbines generating power, and revenue, in deep water off California—and elsewhere.
The Hollandse Kust Zuid 1 and 2 farms are expected to one day supply 700 to 750 MW of capacity, drawing from an estimated 60 to 130 turbines, depending on the kind of monopile-foundation wind technology installed.
Wind technology costs and power prices are falling for land-based and offshore wind projects, according to three Energy Dept. reports released Aug. 23.
Plans to build an 800-MW offshore wind farm off the Massachusetts coast near Martha’s Vineyard advanced on Aug. 1 when developer Vineyard Wind announced power contract deals with three major state utilities that set a levelized price of 6.5¢ per kW/hr.
Ever-bigger turbines and floating platforms are helping to accelerate the growth of offshore wind power development in Europe, where immediate prospects remain strong, especially in the United Kingdom.