Offshore

European offshore wind developers shy away from multi-contracting

Aug 30, 2016

Most independent developers and utilities in Europe’s offshore wind sector are responding to new financing models and more complex projects by switching from multi-contracting to 2-3...

Tender design, output gains key to DONG’s record-low Borssele 1&2 offshore bid price

Aug 17, 2016

A competitive Dutch tender system and favorable site conditions were key to DONG Energy’s record-low bid strike price of 72.7 euros per MWh for the Borssele 1&2 offshore wind...

Offshore platform bases set to cut downtimes, disrupt vessel market

Jul 19, 2016

Offshore accommodation platforms can boost turbine availability by several percent on larger wind farms and extend the reach of crew transfer vessels further offshore, industry experts...

US offshore project reveals major cost savings ahead of final PPA talks

Jul 5, 2016

The planned cost of the 21 MW Icebreaker Great Lakes wind project has fallen 17% in the last two years to $125 million and generation costs are expected to be lower than the 30 MW...

UK offshore extensions leverage site knowledge to lower installation costs

Jun 21, 2016

A flurry of U.K. offshore extension projects is set to yield major cost savings through a deeper understanding of site challenges, technological gains and economies of scale, industry...

Offshore wind storage projects to reveal output value gains

May 9, 2016

New U.K. and U.S. offshore wind projects will provide valuable data on battery usage as developers narrow in on the most profitable storage applications.

US offshore sector banks on utility offtake while costs are cut

Apr 25, 2016

Deepwater’s new capacity market agreement for the Block Island wind farm highlights the range of offtake options available to offshore projects but long-term power purchase contracts...

Great Lakes wind pioneer taps local vessel suppliers to speed progress

Apr 25, 2016

The Icebreaker offshore project developer plans to modify regional barges in response to vessel supply challenges on the giant St. Lawrence River.

Offshore operators act on early decommissioning data to limit costs

Mar 14, 2016

Operators can cut decommissioning costs by avoiding peak vessel demand periods and applying the latest project experience to early stage plant design and operations decisions.

World’s largest offshore project to spark sector-wide benefits

Feb 29, 2016

DONG Energy’s massive Hornsea Project One farm will set a long-standing capacity record due to state and private financing challenges but the benefits of clustering and standardization...

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