Floating Wind Prize Grows, But Not Without Risks
Industry interest in floating offshore wind in the UK has seen rapid growth, but a race to the bottom in terms of cost, as…
Stay updated with breaking news from Alice Etheridge. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Industry interest in floating offshore wind in the UK has seen rapid growth, but a race to the bottom in terms of cost, as…
Building an offshore grid in the North Sea can boost Europe’s energy independence, while lowering costs and reducing the environmental impact
By Rachel Morison and William Mathis (Bloomberg) — Britain’s electricity grid operator is pushing deeper into the turbulent waters of the North Sea, seeking to support the government’s $27 billion program to build up the offshore wind industry. Executives from National Grid Plc meet government officials on Thursday to discuss how a growing tangle of projects offshore can be best connected to the network on land. At the moment, wind farms at sea are each linked individually with separate cables. Combining some of those links could cut the amount of new infrastructure needed in half. The...