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Wind Energy Update

  • The U.S. installed 8.7 GW of utility-scale wind generation in 2016, accounting for 60% of total capacity additions. As growth continues in the coming years, new wind projects will become more dependent on long-distance transmission lines from high wind areas to major consumption markets.Related Content: Vestas becomes top global turbine supplier after US surge; PJM grid can handle 35 GW offshoreGlobal wind installs dip as China growth slows; Vestas forecasts stable...

  • Offshore wind power costs have fallen dramatically across Europe, driven by greater competition, improved technology, more efficient installation practices and lower operations and maintenance [O&M] costs.Related Content: Statoil’s US offshore wind entrance hinges on New York offtake supportDutch offshore consortium win signals industry-wide efficiency gainsEurope’s new record offshore LCOE forecast at 40 euros/MWhImage: Image Caption: UK offshore wind energy costs have fallen 32% in the last five years. (Image credit: Pareto)Channels: ConstructionOffshoreTurbine Supply Chain

  • PNE Wind, Statoil submit fresh US offshore wind requests The U.S. Bureau of Ocean Energy Management (BOEM) has received two unsolicited lease requests from Germany's PNE Wind and Norway's Statoil to develop offshore wind farms off the coast of New York and Massachusetts, BOEM said March 10.Related Content: Statoil’s US offshore wind entrance hinges on New York offtake supportDutch offshore consortium win signals industry-wide efficiency gainsVestas becomes top global turbine supplier...

  • Low wholesale prices and expiring support mechanisms have raised the importance of operations and maintenance (O&M) for new wind power projects as well as existing plants. The levelized cost of energy (LCOE) of wind power has fallen on greater turbine efficiency and O&M market competition between original equipment manufacturers (OEMs), independent service providers (ISPs) and operator in-house teams.Related Content: Duke Energy estimates cost savings of up to 35% from shifting to in-house...

  • In December, the Bureau of Ocean Energy Management allocated Statoil Wind the lease for its 79,350 acre New York Wind Energy Area (NYWEA) at a record-high offshore lease price of $42,469,725. The lease win confirmed Statoil's return to the U.S. offshore wind market after the Norwegian firm pulled out of the $120 million 12 MW Hywind Maine project off Boothbay Harbor in late 2013.Related Content: Dutch offshore consortium win signals industry-wide efficiency...

  • Vestas supplies 8.7 GW of turbines in 2016 to reclaim leading position Denmark's Vestas reclaimed its position as top global onshore turbine supplier in 2016, supplying 8.7 GW to represent 16.5% of global new build, according to data published by Bloomberg New Energy Finance (BNEF). China's Goldwind slipped from first place to third and supplied 6.4 GW of turbines in 2016, down from 7.8 GW in 2015, BNEF said February 22. Almost...