07 Aug '11, 11pm

Should taxpayers bear shared offshore wind grid risk?

Taxpayers could be asked to bear the risk of offshore wind farm developers building unused transmission assets such as substations, as part of plans being considered to cut the cost of installing gigawatts of turbines over the coming decades. The Department of Energy and Climate Change (DECC) and regulator Ofgem are currently considering how to create a co-ordinated offshore grid system, which could require developers to build oversized transmission links that later projects can plug into when they are ready. FURTHER READING First Sheringham Shoal wind turbine powers up ... just 87 to go Good Energy takes on 'Big Six' with green electricity price freeze Initial research by National Grid forecasts that a shared grid could slash the capital cost of connections by 25 per cent, halving the number of onshore cable landing sites from 61 to 32 and reducing the number of offshore ...

Full article: http://www.businessgreen.com/bg/news/2099770/taxpayers-be...

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