The price of energy from floating wind farms set to plummet

Floating offshore wind farms offer clean energy without the aesthetic drawbacks of having a turbine close to shore. Yet, its development around the world, especially in the U.S., hasn’t been all too fast considering it’s more expensive than most energy sources. That will all change however, after a breakthrough from the Universitat Politècnica de Catalunya in Spain that will plummet the cost per megawatt hour down to some $140, which is less expensive than the cost of electricity from a new nuclear power station. Most plans for floating wind farms in the U.S. have yet to be implemented or have been stalled due to lack of funding, but with the reduction of cost, offshore wind power can become a significant power source. This is particularly good for the West coast, which has a deep continental crust that doesn’t allow for regular wind turbines near the shore.

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The price of energy from floating wind farms set to plummet

Floating offshore wind farms offer clean energy without the aesthetic drawbacks of having a turbine close to shore. Yet, its development around the world, especially in the U.S., hasn’t been all too fast considering it’s more expensive than most energy sources. That will all change however, after a breakthrough from the Universitat Politècnica de Catalunya in Spain that will plummet the cost per megawatt hour down to some $140, which is less expensive than the cost of electricity from a new nuclear power station. Most plans for floating wind farms in the U.S. have yet to be implemented or have been stalled due to lack of funding, but with the reduction of cost, offshore wind power can become a significant power source. This is particularly good for the West coast, which has a deep continental crust that doesn’t allow for regular wind turbines near the shore.

Solution News Source

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