Tag Archives: offshore wind

Renewable energy sector, as sun and wind, employs more and more people and this is just the start.


According to a report by Allen & York, the 9.4 million includes 2.8 million in solar PV, 1.6 million in liquid biofuels and 1 million in wind, reflecting a “5% increase in 2015 and confirms the strength of this relatively new industry.”

When it comes to fossil fuels versus renewables, there’s no contest. Clean energy is our fastest path to a booming, prosperous economy for all of us. The next time you’re confronted with the White House’s alternative facts on coal, oil and job creation, arm yourselves with this info instead.

global pv demand
CREDIT: GTM Research

The report states that China, Brazil, the United States, India, Japan and Germany currently have the most renewable energy jobs.  Europe still has a strong renewables market, it says, despite the withdrawal of subsidies in the UK for new wind and solar developments.  Germany, Spain, the UK, France and Italy “lead the field in installed wind capacity across Europe”, and the solar marketplace has “grown by 15% of installed capacity in 2015”, prompting  SolarEurope to describe Europe as the most “solarized continent”.
 

Continue reading Renewable energy sector, as sun and wind, employs more and more people and this is just the start.

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Offshore wind to be cost competitive with gas in 5 years


The report also predicts that the thriving UK offshore wind industry will be able to deliver:

  • A world leading manufacturing and construction supply chain directly creating almost 18,000 long-term, direct jobs by 2025 in manufacturing, construction and operations, mostly in the Northern Powerhouse and coastal areas with traditionally high levels of unemployment.
  • A significant global export opportunity worth over £200 billion, which will see UK-based companies provide products, services and knowledge to markets throughout Europe, Asia and the USA, replicating the success of North Sea oil and gas and significantly contributing to UK productivity
  • 61chrissterry

    Original post from Renew Economy

    ‘…………..By Joshua Hill

    CleanTechnica

    A new report has concluded that the falling costs of offshore wind will result in offshore wind projects installed after 2020 being cost-competitive with new gas plants.

    The report, published by BVG Associates and commissioned by Statkraft UK, the UK division of Norwegian state-owned electricity giant Statkraft, concludes that “tangible advances in technology, the supply chain, and policy” have all combined to drive down the cost of offshore wind. These pressures will continue to drive down the cost of offshore wind projects, and BVG Associates predict that projects going into construction in 5 years will be competitive with new gas plants.

    offshore-wind

    In fact, BVG Associates concludes that repowering existing projects with the most modern turbines could, in fact, from the late 2020s, see offshore wind projects that are cheaper than gas projects, “even under the Government’s lowest gas price forecast.”

    “This…

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