US Department of Energy Releases Offshore Wind Strategy
The U.S. Department of Energy (DOE) has released its Offshore Wind Energy Strategy, a first of its kind, comprehensive summary of the Department’s efforts to meet President Biden’s goal to deploy 30GW of offshore wind energy by 2030.The strategy aims to set the nation on a pathway to 110GW or more by 2050.Deploying 30GW of offshore wind would provide enough power for 10 million homes, support 77,000 jobs, and spur $12 billion per year in direct private investment, says the DOE.The…
Offshore Wind Market Expected to Reach $50 bln by 2023
The global offshore wind energy market is poised to grow over USD 49.74 billion by 2023 at an estimated CAGR of around 11.12% during the period 2017 to 2023.The growth in this sector can be attributed to the increasing demand for clean and reliable energy in order to reduce the global carbon emissions and to maintain ecological balance by generating electricity through renewable resources, said a report by Market Research Future.However, high initiating capital cost of the projects with high maintenance cost and logistics issues, can hinder the offshore wind market. Also, high tidal winds and bad weather conditions making it difficult…
L-3 SAM to Supply Electrical Package for DanTysk Wind Project
L-3 SAM Electronics announced today that together with its associated L-3 companies, it has been awarded a major contract for the supply and installation of the electrical system package on an accommodation platform being built in Kiel, Germany, by Nobiskrug of Rendsburg as part of the DanTysk offshore wind farm project jointly developed by Stadtwerke München (SWM) and Vattenfall. The accommodation platform for the new wind farm is designed to permanently support O&M personnel for DanTysk with fully equipped individual living quarters that will include general communal and leisure areas…
