Hints and tips:
Related Special Reports
...Community Windpower won planning permission in August for a new wind farm in southern Scotland capable of producing enough electricity to power about 350,000 homes — making it the fourth-largest onshore...
...The sector has had a troubled year, particularly in the US, where several developers have been trying to renegotiate power sales deals to factor in surging costs due to high interest rates and supply chain...
...Suppliers have been reluctant to develop new factory capacity because of uncertainty around turbine sizes and the level of state support for wind farm developers....
...Ørsted is set to press ahead with developing the world’s largest offshore wind farm off the British coast, in a boost for the sector after setbacks this year....
...To make matters worse, wind developers are facing their own version of the “greenlash” against the costs of decarbonisation....
...Alan Hannah, UK managing director at Copenhagen Infrastructure Partners, developer of the Pentland Floating Offshore Wind Farm in Scotland, said the costs of building projects should fall as more are built...
...Investment trusts typically play an important role in the sector, often buying up assets from large developers such as Ørsted or others who can then use the cash to develop new farms....
...It is also currently developing a 60MW wind farm in Scotland and has agreed that the electricity will be sold to real estate developer Canary Wharf Group....
...The plan is for developers of wind farms, subsea cables and gas pipelines to share more data — including video footage and information collected by sensors — with military agencies....
...The scheme is designed so that consumers fund top-ups to developers if the wholesale price of power falls below a certain level....
...It can take years for new renewable energy projects such as wind farms to gain regulatory approval and be connected to the grid....
...The income included selling a long-term lease on 90 acres of land to Australian investors Macquarie, part of a complex deal that involves South Korean wind farm manufacturer SeAH becoming an anchor tenant...
...That's lower than the maximum price the government has said it is prepared to pay offshore wind developers in the next auction round of £73 per megawatt hour in 2012 prices....
...This race was partly driven by wind farm developers, which pushed for more efficient devices to drive down costs. Devices installed at the world’s first offshore wind farm had a capacity of just 0.5MW....
...The group could cut its dividend, which cost DKr5.7bn last year, or sell off assets such as stakes in UK wind farms....
...developers complained it was too low to offset rising costs....
...Under the proposed reforms, households in Scotland could have lower bills because of the abundance of offshore wind farms....
...They include Jera, the Japanese energy company which along with partners is behind two of the first wind farms in Taiwan....
...In September, it bought a 10 per cent stake in the 732MW Borssele III and IV wind farm on the Netherlands side of the North Sea....
...The government also increased the price for floating offshore wind farms, a new technology, by 52 per cent....
...developers....
...Inflation-indexed contracts only meet half the challenge — project developers are also experiencing increasing costs and delays for interconnecting their projects to the grid, and supply chain companies,...
...The UK has agreed to raise the maximum price offshore wind farm developers can secure in a contract auction this year by 66 per cent to £73/MWh (in 2012 prices)....
...The allocation includes £800mn earmarked for offshore wind projects as the government tries to revive the sector after failing to attract any bids from maritime wind farm developers in 2023 because the level...
...Some developers are now seeking additional government support to continue with the projects....
International Edition