Offshore wind Firms join forces to reduce costs

Nine of Europe’s biggest offshore wind manufacturers have joined a programme to reduce costs for offshore wind energy.

The scheme, run by the Carbon trust, has been signed up to by DONG Energy, EnBW, E.ON, Iberdrola, RWE, SSE, Statkraft, Statoil and Vattenfall.

The Scottish Government has invested £1.5 million into the scheme, which will see the firms collectively invest £6.4 million over the next four years to bring new innovations to market that will help ensure the cost of offshore wind is below £100 per MWh by 2020.

Tom Delay, CEO of the Carbon Trust, said: “Over the last five years the cost of energy from offshore wind has decreased significantly, largely driven by a combination of innovation, risk reduction and increased deployment rates but we need to continue building on this success by getting the right solutions into market quickly to put offshore wind on the path to cost competitiveness by 2020.

“The Offshore Wind Accelerator has an impressive track record, providing an effective mechanism for public and private sector to work together to meet the cost reduction challenge head on. Its success lies in the sharing of the risks and rewards of innovation through industry-led collaborative research, development and deployment.”

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