29 Jan '14, 2pm

Record Offshore Wind Figures Conceal Slow-down in New Projects

Four hundred eighteen offshore turbines came online in 2013 in Europe, making a record 1,567 Megawatts (MW) of new capacity. This is one-third more than the capacity installed in 2012. This makes a new total of 6,562 MW of offshore wind power — enough to provide 0.7 percent of the EU's electricity. However a closer look at what happened reveals a slow-down during the year: two-thirds of the new capacity came online in the first six months. With 11 projects now under construction, down from 14 this time last year, market and regulatory stability is critical to bringing forward the 22,000 MW of consented projects across Europe. "The unclear political support for offshore wind energy — especially in key offshore wind markets like the UK and Germany — has led to delays to planned projects and fewer new projects being launched. This means installations are likely to plateau unt...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2014/01...

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