Library from Europe

Offshore wind strike prices: Behind the headlines

Offshorestrikeprice_thumb The new report prepared by economics professor Gordon Hughes, a former advisor to World Bank, Dr Capell Aris, a fellow of the IET, and Dr John Constable of the Global Warming Policy Forum, explains how the broad assumption that offshore wind prices are falling is not valid. Through a detailed statistical analysis of the data, covering 86 wind farms, the authors found that capital cost of offshore wind (£/MWh installed) is actually rising as a consequence of companies moving into deeper and deeper waters. The summary of the report is provided below. The full report can be downloaded from this page.
10 Nov 2017

Is the reputation of Scottish offshore wind on the line?

The document claims that ‘it has been widely assumed that the underlying costs of offshore wind are falling and that the CfD prices indicate a sudden paradigm for the technology’. Yet, the report points to statistical analysis of the data, covering 86 wind farms, which suggests that the capital cost of offshore wind (£/MWh installed) is not in actual fact falling, but actually rising as a consequence of companies moving into deeper and deeper waters.
10 Nov 2017

Siemens Gamesa to cut as many as 6,000 jobs

Siemens Gamesa (SGREN.MC) said on Monday it plans to cut as many as 6,000 jobs worldwide as it braces for sales to plunge by as much as a fifth next year. The job cut would amount to more than 20 percent of the company’s total workforce of around 26,000.
7 Nov 2017

http://www.windaction.org/posts?location=Europe
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