The Maritime Executive: Preparations for the groundbreaking Block Island Wind Farm – America's first – are well under way, with the regulatory permits obtained, the funding procured and the jacket installation complete. Now the actual equipment for the farm, towers, blades and five massive turbines have been shipped, ready for assembly.
The blades arrrived in Providence, RI from Denmark on the general cargo shipSuomigracht late last month, and the turbines are on board the Fred Olsen jackup construction vessel Brave Tern, currently under way across the North Atlantic. When theTern arrives, it will begin the process of installing the towers; that work is expected to begin in August.
The 20-mile cable connecting Block Island with the mainland was completed on June 28 – providing the island with its first electrical and fiber optic connection ever. Deepwater Wind, the developer and operator of the farm, has completed a separate cable linking the facility with Block Island, and expects to finish cable linkages between the five wind towers this month. Cont'd...
Andrew Follett for the Daily Caller: Officials from Britain’s wind industry are terrified their subsidies and tax incentives will end because of the U.K.’s decision to leave the European Union, according to a report by Reuters published Friday.
The report found that British wind companies, particularly ones that specialize in offshore wind power, are worried that Brexit places the government subsidies and easy access to financing at risk. The industry is deeply dependent on these subsidies to make projects more economically viable. Britain’s political uncertainty following the pending resignation of Prime Minister David Cameron means cuts to subsidies are likely. The Brexit could also make it much harder for wind companies to get loans from European banks, which could significantly slow the expansion of wind power. Cont'd...
By Daniel Cusick, ClimateWire for Scientific American: The first offshore wind farm in the United States is set to begin delivering power to Rhode Island’s electricity grid by year’s end, a milestone that could help reshape energy markets from New England to South Florida, experts say.
But for U.S. offshore wind power to achieve its full potential, as much as 4 gigawatts of capacity, it will need a major influx of capital and know-how, much of which will come from Europe, where the technology has a 25-year performance record and now accounts for 11 GW of generation capacity on the continent.
Representatives of top U.S. and European wind firms—including executives of Deepwater Wind, the firm building the 30-megawatt Block Island Wind Farm off Rhode Island—told industry peers gathered on the Gulf Coast last week that the industry should act now to establish the technical, logistical and policy frameworks to build more offshore wind farms in the United States. Cont'd...
DONG Energy Completes Acquisition of U.S. offshore wind development project in New Jersey - Announces "Ocean Wind"
EDF Group Signs a Strategic Partnership with Enbridge for the Three First Offshore Wind Farms Projects off the French Coast
SCOTT WALDMAN for Politico: The federal government has designated an 81,000-acre area off of Long Island for possible commercial offshore wind development.
The move by the federal Bureau of Ocean Energy Management on Wednesday to open the federal waters 11 miles off of New York to major wind development projects will be a significant boost to the Cuomo administration’s aggressive climate policies. The Bureau of Ocean Energy Management will now conduct an environmental assessment, with a possible sale of leases to follow.
“New York has tremendous offshore wind potential, and today's milestone marks another important step in the President's strategy to tap clean, renewable energy from the Nation’s vast wind and solar resources,” U.S. Secretary of the Interior Sally Jewell said in a statement. “We will continue to work with the State and local stakeholders through a collaborative effort as we determine what places have the highest potential and lowest conflict to harness the enormous wind energy potential off the Atlantic seaboard.” Cont'd...
Report on Offshore Wind in Massachusetts Confirms Outlook for Market Driving Low Cost at Larger Scale to Power State's Clean Energy Future
By PHILIP MARCELO for AP: The offshore wind industry has high hopes for establishing a permanent beachhead in the U.S. after years of disappointment.
Business leaders and politicians who gathered for an industry conference in Boston this week said wealthy investment firms and seasoned European offshore wind companies are increasingly committing to projects along the East Coast. That, they said, is evidence a domestic industry dreamed about for nearly two decades is finally on its way.
"There's a palpable sense that it's finally happening," said Bryan Martin, a managing director at D.E. Shaw & Co. That New York hedge fund is the principal backer of Deepwater Wind, a Rhode Island-based company looking to launch the country's first offshore wind farm off Block Island by the end of the year. "The U.S. tends to start small and ramp up very fast. I believe that will happen with offshore wind."
Among the significant new players to emerge in the past year is DONG Energy, a Danish firm that operates more than a dozen wind farms, including some of Europe's largest. Cont'd...
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