Library filed under Offshore Wind

Volcanic rock and sharks scupper plan for offshore wind farm

Hard volcanic rock in the seabed, the strength of wave action which could impede construction and the significant presence of basking sharks are the main reasons for the decision. Announcing its decision, ScottishPower Renewables (SPR) said the Argyll Array project was currently not financially viable in the short term.
14 Dec 2013

Day of reckoning looms for disputed plan for offshore wind farm

Economics, however, seemed to be the biggest factor in the state agency’s opposition. Fishermen’s Energy project relies on lucrative federal tax credits to make the project viable from a business and ratepayer perspective, but those incentives expire at the end of this year, unless renewed by Congress, and that appears to be a long-shot prospect, at best. “Most importantly, FACW has failed to credibly demonstrate that it will actually receive, at this late date, all of the federal subsidies,’’ the staff said in its brief.
6 Dec 2013

RWE scraps Atlantic Array offshore wind farm in UK

Ben Warren, environmental finance leader at consultants EY, said that some investors were wary of the U.K. because of the government's Electricity Market Reform, an overhaul of the electricity market that affects everything from nuclear to renewables. "Uncertainty surrounding the current energy framework in the U.K. is widening the time gap between investors announcing their intentions and taking action."
27 Nov 2013

Offshore wind: Bard is bankrupt

The biggest news is renewables this week was probably the bankruptcy of China's Suntech, once the largest PV firm in the world. But in Germany, the news on Friday that offshore wind farm developer Bard folded drew the most attention in Germany -- as a sign of the struggling offshore sector.
23 Nov 2013

UMaine releases offshore wind project proposal

The University of Maine and its partner companies have offered a glimpse into their offshore wind project proposal, releasing information about plans to supply some power directly to Monhegan Island, the companies working on the project and more specifics on its technology.
7 Nov 2013

Blow for North East offshore wind farm plans

Controversial plans for the offshore wind farm being opposed by Donald Trump suffered a hammer blow today when proposals for an onshore substation for the Aberdeen Bay development were thrown out by councillors. A total of 62 out of 85 residents in the hamlet of Blackdog had written official letters of protest against the substation proposal to Aberdeenshire Council.
30 Oct 2013

Reality Check: Germany's defective green energy game plan

German bureaucrats have come up with over 4,000 different subsidy categories for renewable energy, apparently adhering to the principle that what is particularly expensive has to be lavishly subsidized. As a result, a large proportion of the subsidies are used to support highly inefficient technology, such as solar parks in regions of eastern Germany that receive relatively little sunlight and wind turbines far off Germany's North Sea coast. ...if the Energiewende turns out to be a climate killer, it would be better to call the whole thing off.
25 Oct 2013

With Statoil's exit, wind industry looks to UMaine

One thing utility customers are eager to see is how much they'll have to pay to support the project. That figure likely won't be released until next month. Price was a sticking point for LePage's administration when it came to Statoil's project, which it said would have pushed $200 million in costs onto utility customers over 20 years. LePage, called it a bad deal for the state.
25 Oct 2013

South Terminal blasts don't make much of a splash

It wasn't a large plume of smoke. More like a puff. It was white, with a dim flash of red at the beginning. Roughly 30 seconds after the smoke dissipated, a small fountain of water bubbled up to the surface. It was the first of what will be 50 blasts in the bedrock to make way for large boats carrying turbine components to the under-construction South Terminal. Bill White is director of offshore wind for the Massachusetts Clean Energy Center, which owns South Terminal.
25 Oct 2013

Deepwater wind moves into 'execution mode' for demo Block Island wind project

With the focus on project completion, Grybowski says the company's top priority is ensuring that Deepwater is able to satisfy the 5% safe-harbor provision to qualify for the investment tax credit. Among other requirements, developers must incur 5% of the project's cost by Dec. 31 to be eligible for the tax incentive. To satisfy the U.S. Treasury's 5% spend threshold, Deepwater plans to use a combination of "historical expenditures" and contracts signed with vendors until the end of the year.
24 Oct 2013

http://www.windaction.org/posts?p=21&topic=Offshore+Wind
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