06 Feb '18, 6pm

Europe's Offshore Wind Capacity Grew a Stunning 25% in 2017

Europe's Offshore Wind Capacity Grew a Stunning 25% in 2017

2017 was a banner year for European offshore wind after installing a record 3.1 gigawatts of new capacity, twice the capacity installed in 2016, according to a new report from WindEurope , an industry association. European offshore wind capacity grew 25 percent in just one year to total 15.8 gigawatts, which WindEurope CEO Giles Dickson called "spectacular." "Offshore wind is now a mainstream part of the power system. And the costs have fallen rapidly," Dickson continued. "Investing in offshore wind today costs no more than in conventional power generation. It just shows Europe's ready to embrace a much higher renewables target for 2030. 35 percent is easily achievable. Not least now that floating offshore wind farms are also coming on line." Fourteen offshore wind projects were completed in 2017, including the world's first floating offshore wind farm , the Hywind Scotlan...

Full article: https://www.ecowatch.com/offshore-wind-europe-2017-253191...

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