An exciting aspiration in wind technology is to obviate large, expensive “towers”, and unleash tethered kites into the skies. They can access 2-4x more wind-power at greater altitudes, and at…
Wind turbine installation vessels are estimated to cost $100-500/kW in the breakdown of a typical offshore wind project’s capex. Total offshore construction time is around 10 days per turbine. Offshore…
…Majors’ offshore wind investments. Commoditised, industry-standard technologies yield single-digit returns at best. Model it from a portfolio perspective, and the optimal portfolio allocation to undifferentiated renewables technology is just 5-13%…
An offshore wind project is likely to cost $2,500/kW, of which c$1,500/kW is turbines and $1,000/kW is offshore wind installation costs. This data-file aims to estimate the breakdown by vessel…
…has doubled computing performance every 18-months since 1965. (1) Offshore wind costs are not following Moore’s Law yet. And after reviewing 50 patents from one of the world’s leading wind…
…to benefit from the scale-up of offshore wind. Traditional offshore-focused energy companies (ie Majors and Oil Services) are not generally found to have differentiated wind IP, comprising <2% of the…
This model outlines the economics of an offshore wind project, based on guidance for Equinor’s flagship, 816MW “Empire Wind”: an exciting development off New York, constructing c80 x c10 MW…
…capex and levelized costs, compared with traditional offshore wind. The potential for floating offshore wind is also location dependent, with inherent advantages, in some geographies over others. These conclusions are…
…capex and levelized costs, compared with traditional offshore wind. The potential for floating offshore wind is also location dependent, with inherent advantages, for example, in Norway relative to China, due…
This data-file tabulates the capex costs of 35 offshore wind projects in the UK, with 8.5GW of capacity, which have been installed since the year 2000. $399.00 – Purchase Checkout Added to…