Is This Better News For Offshore Wind Farm Developers?
Two months ago this article on offshoreWIND.biz was published, which was entitled Offshore Wind Developers Take A Pass On UK’s Fifth CfD Round As Maximum Bid Price Was Too Low.
This was the sub-heading.
The UK government has awarded 3.7 GW of renewable energy projects with Contracts for Difference (CfDs) in its fifth allocation round. Among the 95 new projects that secured CfDs are onshore wind, solar and tidal energy developments – and not a single megawatt of offshore wind.
These are the first three paragraphs of the article.
According to the government, the global rise in inflation and the impact on supply chains presented challenges for projects participating in this round. The government also noted that similar results have been seen in countries such as Germany and Spain.
The industry does not disagree, however, multiple players have voiced their disappointment that the government had not taken these pressures into account for this round and emphasised that the UK’s goal of having 50 GW of offshore wind and 5 GW of floating wind could now be jeopardised.
Last year, the UK awarded CfDs to 7 GW of offshore wind projects alone.
Today, articles with these titles and sub-headings were published on offshoreWIND.biz.
- 50 Developers Express Interest To Build Wind Farms Offshore Portugal
Fifty entities, including individual companies and consortia, from more than ten countries have submitted their expressions of interest to develop offshore wind projects in Portugal as the country prepares for its first auction.
2. Fugro To Survey Site For Lithuania’s First Offshore Wind Farm
Ignitis Renewables has awarded Fugro a contract to conduct a geophysical survey at Lithuania’s first offshore wind farm site.
3. Norway’s Offshore Wind Tender Attracts Seven Applications
Norway’s Ministry of Petroleum and Energy has received seven applications to participate in the tender for the Southern North Sea II offshore wind project area.
4. Project To Retrofit CTV With Hydrogen Fuel Cells Kicks Off
A project to retrofit a crew transfer vessel (CTV) with hydrogen fuel cells, to cut CO2 and NOx emissions while servicing offshore wind farms, has kicked off.
5.Terna Energy Secures Survey Permit for Wind Farm Sites Offshore Greece
Terna Energy has been granted one out of the two first exploration and survey licences issued for pilot offshore wind projects in Greece.
6. UK Increases Offshore Wind Strike Price Ahead Of Next Auction
The government of the United Kingdom has increased the maximum strike price for offshore wind projects in the next Contracts for Difference (CfD) auction by 66 per cent for fixed-bottom and by 52 per cent for floating wind projects.
All would appear to be positive stories.
- Story 1 is about success in Portugal. What are the Portuguese doing right?
- Stories 2 and 5 are about offshore wind development in new countries; Lithuania and Greece.
- Story 3 may not appear significant, but Terje Aasland, who is Norway’s Minister of Petroleum and Energy seemed pleased in the article.
- Story 4 is about development of new technology, which wouldn’t be done if the market was non-existent.
- Story 6 is surely good news for wind farm developers in the UK.
I did leave out three stories, one of which was negative and two were rather boring. But six out of nine isn’t bad.
Is it Getting Better All The Time, as The Beatles once sang?
The Anonymous Widower 
Not getting cheaper though which is what we were promised from renewables. Always going to be a fallacy as there was always going to be a cost to moving away from fossil fuels but politicians weren’t honest enough to tell us.
Comment by Nicholas Lewis | November 16, 2023 |