Economics Of Offshore Wind Power

The book provides an overview of the policy frameworks that have been employed to support offshore wind power, and their efficacy in nurturing sustainable cost reductions across the industry.A growing number of countries are increasingly receptive to the prospect of implementing policies to support the deployment of large-scale renewable energy. The promise of carbon-free, utility-scale power generation from offshore wind farms has incentivised and nurtured offshore wind development. However, the high relative costs of deploying offshore wind compared to alternatives have a history of making it political divisive pursuit. At the same time when many countries are just beginning to explore the possibility of developing an offshore wind industry, many other countries are experiencing what can be described as policy fatigue over supporting offshore wind. If cost reductions are not proven sustainable by the early 2020’s, then government support for offshore wind may start to erode and even completely evaporate in several key offshore wind markets – with global repercussions. This book will provide the reader with a clear picture of the current status and future challenges of the offshore wind industry globally, incorporating both a technical analysis of the cost drivers as well as a detailed analysis of policy design and economics of industry.

This is a print on demand edition of a hard to find publication. Offshore wind power is poised to deliver an essential contribution to a clean, robust, and diversified U.S. energy portfolio. Capturing and using this large and inexhaustible resource has the potential to mitigate climate change, improve the environment, increase energy security, and stimulate the U.S. economy. The U.S. is now deliberating an energy policy that will have a powerful impact on the nation¿s energy and economic health for decades to come. This report provides a broad understanding of today¿s wind industry and the offshore resource, as well as the associated technology challenges, economics, permitting procedures, and potential risks and benefits. Charts and tables.

First Published in 2009. Routledge is an imprint of Taylor & Francis, an informa company.

Bringing together contributions from leading researchers, this volume reflects on the political, institutional and social factors that have shaped the recent expansion of wind energy, and to consider what lessons this experience may provide for the future expansion of other renewable technologies.

Wind Turbines addresses all those professionally involved in research, development, manufacture and operation of wind turbines. It provides a cross-disciplinary overview of modern wind turbine technology and an orientation in the associated technical, economic and environmental fields. It is based on the author's experience gained over decades designing wind energy converters with a major industrial manufacturer and, more recently, in technical consulting and in the planning of large wind park installations, with special attention to economics. The second edition accounts for the emerging concerns over increasing numbers of installed wind turbines. In particular, an important new chapter has been added which deals with offshore wind utilisation. All advanced chapters have been extensively revised and in some cases considerably extended

Examines the possible societal impacts of wind energyprojects and explains the potential issues faced when siting,constructing, and operating a wind energy project. This book begins with a history of wind power and the socialimpacts of both electricity and wind power from a historicalperspective, a discussion of basic electrical terms, and a primeron the conversion of power in the wind to electricity. Much of thesecond half of the book is devoted to comparing wind energy toother forms of electric generation, both renewable andnon-renewable sources. In order to have a true understanding of theimpact of wind energy on society, one also has to have a thoroughunderstanding of the impacts that other sources of electricgeneration have, such as fossil-fuelled plants or nuclear powerplants. The comparison of electric generation sources includes areview of how such sources are typically utilized within theelectric system, as well as the economic factors and environmentalconsiderations that affect which resources utilities or operatorsof electric grids have to take into account. The authors concludewith a discussion of energy policies in the U.S., individualstates, and foreign nations, how these policies influence the useof renewable energy, and what our future may hold in terms ofenergy supply and demand. Some highlights of this book are: Discussesthe wind energy impacts on the environment, local economy, electricutilities, individuals and communities Providesa visual explanation of wind energy principles through tables,graphs, maps, illustrations and photographs Offersa comprehensive overview of the issues associated with thecreation and use of wind energy Modelschapters around an existing university curriculum Spanning the broad range of environmental, financial, policy andother topics that define and determine the relationships betweenwind energy technology and our energy-dependent society, WindEnergy Essentials is a resource for students, universities, andthe entire wind energy industry.

The aim of the book is to analyse the factors that have influenced wind power outcomes in a range of countries which have featured significant wind power deployment programmes. A central theme is the relationship between patterns of ownership and the outcomes. These flow from different social environments, but they are associated with different types of planning outcome and deployment rates. Grass roots ownership is more widespread than is commonly thought, although it is not a panacea for effective wind power programmes. Financial policies used to promote wind power also have important influences of the rates of deployment. However, what seems to be most important for wind power deployment is a double coincidence of widespread social support for wind power deployment and effective financial support systems for wind power.