Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
the key issue here is the cost of deep (> 30 metres) offshore wind energy.  if 2 turbines with average output 4 MW cost 162 million (is this GBP?), installation cost per GW is about 40 billion GBP.  For comparison, nuclear power stations cost about 1.25 billion GBP per GW to build.  

Shallow offshore wind energy is much cheaper, but even for the UK realistic estimates are that the area available can't provide more than about 100 TWh/yr out of a total energy consumption of 2700 TWh/yr.  

by paulm on Wed Jul 18th, 2007 at 06:37:32 AM EST
[ Parent ]
well the faq states:
Q43. How much do you anticipate it will cost to develop a fully operational offshore wind farm?
A43. The full development would cost in the region of £1 billion.

The two turbine cost is £35mil - the 162 (actually 163 is the asci code for the pound symbol , which might have crept in when the diary was transfered to the front page...

When I asked my colegues about the future they were very cautious. as described in q44:

Q44. How confident are you that the commercial project will go ahead?
A44. The commercial project depends on many things including the future price of electricity and the performance and learning associated with the Demonstrator Project. It is impossible at this stage to give any definitive answer, but it certainly should not be regarded as an inevitability.
by PeWi on Wed Jul 18th, 2007 at 07:27:30 AM EST
[ Parent ]
two further notes

I edited the diary to correct the error with the asci code

the other thing I have not mentioned is of course, that one of the other reasons, why this is being build where it is, means it is not visible from the coast (further than 15km away) and unlike the situation with Jeromes project cannot be built on a sandbank, but needs the seafloor, a (I would suggest - but really haven't got a clue as to what I saying) far more likely scenario at that distance to a shore.

Maybe Jerome could give some indication as to what the overall cost of his project is coming to?

by PeWi on Wed Jul 18th, 2007 at 07:39:06 AM EST
[ Parent ]
i.e. those that are actually being built, cost around 3,000 EUR/MW (notional), so that would be 6,000 EUR/MWe.

But then you have to take into account the cost of operating these, the cost of fuel (nil), and the cost of decommissioning (usually required to be provisioned upfront for wind projects, I wodner why there isn't such a requirement for nuclear plant, or for all factories, for that matter) for the cost that realyl has relevance, that per MWh.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Wed Jul 18th, 2007 at 02:02:40 PM EST
[ Parent ]


Occasional Series