Scottish Power completes East Anglia One offshore windfarm. Scottish Power Renewables has announced that all 102 of the turbines that make up the 714MW East Anglia One offshore windfarm are now up and running. The construction of the windfarm, which began back in 2017, was completed on time despite a fifth of turbine installations and around half of the connection work taking place during the coronavirus lockdown.
Utility Week 28th July 2020 read more »
ITV 28th July 2020 read more »
The offshore wind farms auctioned last September in the UK will most likely be the world’s first “negative subsidy” projects – wind farms that will pay money back to the government over their lifetime. This is a key finding of our new paper for Nature Energy, which assesses the competitiveness of offshore wind in mature markets, without the support of subsidies. The amount of renewable energy capacity is rapidly growing around the globe. At the same time, their specific investment costs are falling. Surprisingly, the prices received in recent auctions for offshore wind have already fallen below what analysts were predicting for 2050, some 30 years early. This fuels the controversial question of when renewable energy will reach the status of being “subsidy-free”. In our new study, we find that offshore wind is already commercially competitive at good sites in mature markets, such as the UK. Thus, our analysis equips policymakers, academics and industry experts with evidence of an extraordinary story of success for a relatively young industry.
Carbon Brief 28th July 2020 read more »
In Cumbria 28th July 2020 read more »