• 8 minutes U.S. Shale Oil Debt: Deep the Denial
  • 13 minutes WTI @ $75.75, headed for $64 - 67
  • 16 minutes Trump vs. MbS
  • 2 hours Despite pressure about Khashoggi's Murder: Saudi Arabia Reassures On Oil Supply, Says Will Meet Demand
  • 16 mins Dyson Will Build Its Electric Cars in Singapore
  • 5 mins China Opens Longest Mega-Bridge Linking Hong Kong to Mainland
  • 12 hours Knoema: Crude Oil Price Forecast: 2018, 2019 and Long Term to 2030
  • 16 hours Iraq war and Possible Lies
  • 2 hours Can “Renewables” Dent the World’s need for Electricity?
  • 3 hours Satellite Moons to Replace Streetlamps?!
  • 13 hours Get on Those Bicycles to Save the World
  • 14 hours EU to Splash Billions on Battery Factories
  • 3 hours Aramco to Become Major Player in LNG?
  • 49 mins How Long Until We Have Working Nuclear Fusion Reactor?
  • 4 hours Why I Think Natural Gas is the Logical Future of Energy
  • 8 hours Merkel Aims To Ward Off Diesel Car Ban In Germany
Alt Text

New York Unveils Offshore Wind Master Plan

New York’s ambitious new master…

Alt Text

U.S. Wind Energy Demand Surges

Exceptional demand for wind energy…

Alt Text

Microsoft, Google Turn To Wind Energy

Wind major Vattenfall has just…

Jess McCabe

Jess McCabe

Jess is a writer for Environmental Finance.Environmental Finance is the leading global publication covering the ever-increasing impact of environmental issues on the lending, insurance, investment…

More Info

Trending Discussions

UK Becoming Leader in Wind Technology as World’s Largest Wind Farm Opens

The world’s largest offshore wind farm opened on Thursday last week, taking the UK’s installed wind power capacity over the 5GW mark.

Construction of Swedish utility Vattenfall’s 300MW, 100-turbine Thanet wind farm, off England’s Kent coastline, took two years and cost around £880 million ($1.4 billion).

“Each successive gigawatt we install is taking less and less time and, with the right government policies in place,we expect to be delivering between three and four gigawatts per year by the time the consented Round 3 [offshore wind] projects begin construction,” said Maria McCaffery, chief executive of industry group RenewableUK. With 1.341MW of capacity, RenewableUK said the UK has more offshore wind installed than the rest of the world combined.

“We are in a unique position to become a world leader in this industry,” said the UK’s Climate Change and Energy Secretary Chris Huhne. “We are an island nation and I firmly believe we should be harnessing our wind, wave and tidal resources to the maximum.”

North of the border, Scotland’s First Minister Alex Salmond today hiked the ambition of the country’s renewables targets to 80% of electricity consumption by 2020, from the previous target of 50%.

"We already have some 7GW of renewables capacity installed, under construction or consented around Scotland,” Salmond said. “Given the scale of lease agreements now in place to develop offshore wind, wave and tidal projects over the next decade, it is clear that we can well exceed the existing 50% target by 2020.”

Keith Allott, head of climate change at environment NGO WWF-UK, said that Scotland’s major increase in its renewables target shows up the need for more ambitious, UK-wide action: “The UK Government needs to take equally strong action to realise the opportunities for clean energy and green jobs in the renewables sector. Chris Huhne needs to look again at the UK’s energy policies to deliver an urgent step change in the commissioning of renewables, so that renewables are on track to meet the vast bulk of the UK's power needs by 2030."

The UK must generate 15% of all energy – including heat and transport – from renewables by 2020, as its contribution to an EU-wide target of 20% renewable energy by 2020.

By. Jess McCabe

Source: Environmental-Finance




Back to homepage

Trending Discussions


Leave a comment
  • Anonymous on September 25 2010 said:
    I can't wait until the first tropical storm hits England ! The country has evidently arrived at a point in its legal culture where no negative consequences seem to exist for making false or misleading claims to sell wind energy—the stuff dreams are made of. But industrial wind is a bunco scheme of enormous consequence. And people who value intellectual honesty should not quietly be fleeced by such mendacity, even from their government

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News