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Dong Energy to quadruple its offshore wind capacity by 2020

Dong Energy is aiming to have installed 6.5GW of operating offshore wind capacity in north-west Europe by the end of the decade, with an intermediate target of 3.5GW by end-2016. Dong has publicly adopted an unprecedented target of reducing its offshore wind cost of energy to €100/MW by 2020. This would correspond to at least 47% less than Germany's current feed-in tariff for offshore wind generation, which is set at EUR 190/kWh. The new 2020 benchmark target for offshore wind is to quadruple installed offshore wind capacity from its currently 1.7GW to 6.5GW in 2020.

read more... 22/01/2014

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Siemens secures two contracts for Dudgeon offshore wind farm in UK

Siemens, as operator, has been awarded two contracts valued at £516m from Statoil for the Dudgeon offshore wind farm project.

read more... 16/01/2014

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British offshore wind sector is fading on subsidies, steep costs

Britain has the most flourishing offshore wind energy sector in the world, but the sector is on the way to reach a turning point as companies scrap or scale back huge offshore wind farm projects amid sharp costs, estimated at several billion pounds for each project.

read more... 10/01/2014

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Europe: Offshore wind sector doubles in 2013, but faces challenges

Over the past six months, a total of 277 offshore wind turbines have been connected in Europe, adding more than twice the capacity installed during the same period in 2012, according to the European Wind Energy Association (EWEA).

read more... 26/12/2013

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Argyll Array: High costs kill off another giant offshore wind farm project

Scottish Power has decided to scrap its plans to build the £5.4bn world's largest offshore wind farm, after four years of planning, citing it as “not financially viable". Some other challenges the project is facing with is tricky ground and wave conditions and the presence of protected sharks.

read more... 16/12/2013

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