Articles filed under Offshore Wind

As turbine effort secures financing, conservationists speak out

The project was technically feasible, but the energy output from the turbines — 120 to 500 megawatts — would have cost two to four times more than land-based wind, according to a NYPA news release. The NYPA said annual subsidies of between $60 million and $100 million would result in high costs to the New York Power Authority. Great Lakes Wind Truth and NA-PAW were outspoken against the GLOW project, with hundreds of residents in the town of Greece, N.Y., signing a petition against it.
22 Dec 2013

Unhappy with BPU, legislature looks to get offshore wind moving

The Legislature is trying to jumpstart offshore wind farms, a move spurred by frustration with the Christie administration’s failure to adopt regulations to make it happen in New Jersey. A bill (A-4538) introduced last Thursday by the deputy speaker of the Assembly John Burzichelli (D-Gloucester) proposes to have offshore wind projects financed by the state’s four electric utilities, which would recover the money from consumers -- and then some.
17 Dec 2013

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

http://www.windaction.org/posts?p=24&topic=Offshore+Wind&type=Article
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