{"id":1261,"date":"2017-09-24T13:26:29","date_gmt":"2017-09-24T12:26:29","guid":{"rendered":"https:\/\/engineernewsnetwork.com\/blog\/?p=1261"},"modified":"2017-09-24T14:53:53","modified_gmt":"2017-09-24T13:53:53","slug":"50-per-cent-off-offshore-wind-power-in-just-2-years","status":"publish","type":"post","link":"https:\/\/www.engineernewsnetwork.com\/blog\/50-per-cent-off-offshore-wind-power-in-just-2-years\/","title":{"rendered":"50 per cent off offshore wind power in just 2 years"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/GCCrXn_slO4?rel=0\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><strong>Actress Emma Thompson at a UK wind farm, welcoming the news that offshore wind power is 50% off<\/strong><\/p>\n<p>The price paid for electricity from offshore wind farms in the UK has dropped by more than 50% in just 2 years, according to figures published by <span class=\"highlight highlight-blue\"><a href=\"https:\/\/www.gov.uk\/government\/uploads\/system\/uploads\/attachment_data\/file\/643560\/CFD_allocation_round_2_outcome_FINAL.pdf\" target=\"_blank\" rel=\"noopener\">The Department for Business, Energy and Industrial Strategy (BEIS) and National Grid<\/a><\/span>.<\/p>\n<p>This has surpassed expectations. Offshore wind is now the lowest cost option for large-scale, low-carbon power.<\/p>\n<p>The UK\u2019s offshore wind sector has transformed over the past decade.<br \/>\n<script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block; text-align: center;\" data-ad-format=\"fluid\" data-ad-layout=\"in-article\" data-ad-client=\"ca-pub-7565662001938327\" data-ad-slot=\"7585079586\"><\/ins><br \/>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><br \/>\nGovernment support, huge strides in home-grown innovation and increases in both turbine efficiency and blade sizes, have placed the UK as number one, globally, for installed capacity.<\/p>\n<p>Wind turbines have more than doubled their power capacity since 2007.<\/p>\n<p>The current generation of 8MW turbines have 260 foot blades, spanning an area the size of the London Eye. With a single rotation, these blades generate enough energy to power a home for 24 hours.<\/p>\n<p>By the mid-2020s turbine capacities are set to double again, reaching 15MW.<\/p>\n<p>These advances in turbine technology are a big part of what has driven recent reductions in costs per megawatt hour.<\/p>\n<p>Offshore wind farms can be built in just two or three years, minimising the risk of cost overruns and ensuring that technological advances are adopted quickly.<\/p>\n<p>The sector is already delivering thousands of jobs in regions of the UK with some of the highest unemployment figures.<\/p>\n<p>UK offshore wind is also attracting billions in foreign investment, and securing hundreds of international contracts for British companies. Future growth potential is enormous as the global market is set to boom over the next decade.<\/p>\n<p>The UK needs a growing supply of affordable and secure energy. At this record low price, offshore wind power is a great deal for UK energy.<\/p>\n<p>Matthew Wright, Managing Director for <span class=\"highlight highlight-blue\"><a href=\"http:\/\/www.dongenergy.co.uk\/\" target=\"_blank\" rel=\"noopener\">DONG Energy UK<\/a><\/span>, said: \u201cThis is a breakthrough moment for offshore wind in the UK and a massive step forward for the industry. Not only will Hornsea Project Two provide low cost, clean energy to the UK, it will also deliver high quality jobs and another huge boost to the UK supply chain.<\/p>\n<p>\u201cSuccessive governments deserve great credit for providing the certainty for continued investment in offshore wind, enabling it to become the thriving renewable industry it is today.<\/p>\n<p>&#8220;Costs are falling rapidly, long-term and highly-skilled jobs are being created across the North of England and the UK supply chain is going from strength to strength.<\/p>\n<p>&#8220;We\u2019re now really seeing the benefits of this commitment to offshore wind and there is still so much more to come. Indeed, it has the potential to play a key part in the realisation of the UK\u2019s industrial strategy.\u201d<\/p>\n<p>Jonathan Cole, Managing Director for Offshore Wind at <span class=\"highlight highlight-blue\"><a href=\"https:\/\/www.scottishpowerrenewables.com\/\">ScottishPower Renewables<\/a><\/span>, said: \u201cThese ongoing cost reductions show that offshore wind is in pole position to be the foremost low carbon power source, with the UK as the global market leader.<\/p>\n<p>\u201cA strong offshore wind sector powers our economy with reliable and affordable clean power. It is creating highly-skilled jobs in industrial and coastal communities that will really benefit from such significant investments.&#8221;<\/p>\n<p>Paul Cooley, <span class=\"highlight highlight-blue\"><a href=\"https:\/\/sse.co.uk\/home\" target=\"_blank\" rel=\"noopener\">SSE<\/a><\/span>\u2019s Director of Generation Development, said: \u201cAs a UK-based energy company, SSE is proud to be investing in much needed energy infrastructure that contributes to UK growth. With offshore wind becoming an affordable form of large-scale, low-carbon energy, we believe that the UK as a whole will benefit from these cost reductions.<\/p>\n<p>\u201cInvestment in offshore wind creates opportunities to develop the wider UK supply chain and brings value to local economies and local communities.<\/p>\n<p>\u201cAlready Beatrice Offshore Windfarm Limited has helped foster UK and Scottish supply chains for the offshore sector and has had a positive impact on local lives and livelihoods. We aim to deliver the same again through both the Dogger Bank and Seagreen offshore wind projects and hope that similar economic benefits will be replicated across the UK offshore wind industry.\u201d<\/p>\n<p>Piers Guy, UK Country Manager, <span class=\"highlight highlight-blue\"><a href=\"https:\/\/corporate.vattenfall.co.uk\/\" target=\"_blank\" rel=\"noopener\">Vattenfall<\/a><\/span>, said: \u201cWe believe offshore wind has a big role to play in delivering low cost, competitive, fossil-fuel free power as the UK transitions to the smart, clean, cheap energy system of the future.<\/p>\n<p>\u201cToday&#8217;s auction result sees offshore wind continue on its dramatic cost reduction pathway, whilst providing great prospects for the tens of thousands of British workers in the industry.<\/p>\n<p>\u201cVattenfall is investing in UK offshore wind for the long term and we are confident that our Norfolk Vanguard, Norfolk Boreas and Thanet Extension projects will be even more competitive than today\u2019s successful projects.\u201d<\/p>\n<p>Hannah Martin, Head of Energy at <span class=\"highlight highlight-blue\"><a href=\"https:\/\/www.greenpeace.org.uk\" target=\"_blank\" rel=\"noopener\">Greenpeace UK<\/a><\/span>, said: \u201cThis record breaking price drop from offshore wind marks a huge moment for the UK energy sector.<\/p>\n<p>\u201cThe price of offshore wind power is 50% cheaper than just two years ago, this means we are witnessing a revolution in UK energy.<\/p>\n<p>\u201cOffshore wind already powers 4 million homes in the UK, and will power more than 8 million by 2020. It has also created jobs, regional development and export opportunities. And official polls show that 80% of people are in favour of offshore wind.<\/p>\n<p>\u201cThe government needs to seize the opportunities of this great deal, which they themselves have helped to create.\u201d<\/p>\n<div class=\"box info  aligncenter\"><div class=\"box-inner-block\"><i class=\"fa tie-shortcode-boxicon\"><\/i>\n\t\t\tCurrently there are approximately 10,000 full-time equivalent (FTE) jobs in the sector. By 2032, the total amount of direct employment in the UK offshore wind sector is estimated to be in the region of 21,000 FTE jobs. Source: Cambridge Econometrics\n\t\t\t<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Actress Emma Thompson at a UK wind farm, welcoming the news that offshore wind power is 50% off The price paid for electricity from offshore wind farms in the UK has dropped by more than 50% in just 2 years, according to figures published by The Department for Business, Energy and Industrial Strategy (BEIS) and &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[199,107,124],"tags":[214,219,211,217,218,215,212,63,61,220,221,222,213,216],"class_list":["post-1261","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news-views-and-opinion","category-power","category-videos","tag-beis","tag-dong-energy-uk","tag-electricity","tag-energy","tag-greenpeace-uk","tag-national-grid","tag-offshore","tag-power","tag-renewable-energy","tag-scottishpower-renewables","tag-sse","tag-vattenfall","tag-wind-farms","tag-wind-turbines"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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