UK Decides to Prioritize Offshore Wind - PowerPoint PPT Presentation

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UK Decides to Prioritize Offshore Wind

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Under the United Kingdom's new national infrastructure plan released this week, the government is shifting incentives toward offshore wind power—and away from projects on land that have raised objections – PowerPoint PPT presentation

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Title: UK Decides to Prioritize Offshore Wind


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UK Decides to Prioritize Offshore Wind
  • Under the United Kingdom's new national
    infrastructure plan released this week, the
    government is shifting incentives toward offshore
    wind powerand away from projects on land that
    have raised objections from local
    residents.  The UK government expects to invest
    65 billion in renewable energy by 2020 and
    is raising "strike prices" for offshore wind,
    while lowering them for onshore wind farms and
    solar parks.A "strike price" is the guaranteed
    amount energy generators earn when they sign
    long-term power contracts.
  • Starting in 2018, the strike price for offshore
    wind will be raised by 8 per megawatt hour (MWh)
    to 228 per MWh. 
  •  

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  • DECC also wants to raise incentives for companies
    and communities that install renewable
    energy facilities that provide heat - biomass
    boilers bigger than 1 megawatt deep geothermal
    combined heat and power plants, ground-source
    heat pumps, solar thermal installations and
    biogas burners.  
  • Residents in rural areas are against big onshore
    wind farms and solar parks. In this small nation,
    they scar the landscape, introduce noise into
    formerly quiet communities, and threaten
    wildlife. Final prices for the
    various renewable energy sources have been
    published and go into effect April 2015. For
    the binding and kept at that rate, finally
    giving developers  certainty about what they will
    earn.
  •  
  • It is vital that we get the level of support
    right so the market can invest with confidence,
    cost reductions can be achieved and the market
    can grow sustainably, Gregory Barker, Minister
    of State for Energy and Climate Change wrote
    to UK's Parliament. 

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  • The UK already leads the world in offshore wind
    with nearly 3 gigawatts (GW) installed as of 2012
    - more than the rest of the world put together.
    This year, the first phase of London Array -
    the world's largest offshore wind farm - came
    online, bringing electricity to 500,000 homes.
  • Deploying 10 gigawatts by 2020 is achievable,
    says the Department of Energy and Climate
    Change (DECC), although it hasn't necessarily set
    that as a target.  
  •  
  • This package will deliver record levels of
    investment in green energy by 2020, Ed Davey,
    Secretary of State for Energy and Climate
    Change told Bloomberg. Our reforms are
    succeeding in attracting investors from around
    the world, so Britain can replace our aging power
    stations and keep the lights on.  The
    government has to 180 billion to replace aging
    power stations and meet renewable energy and
    carbon targets. 

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  • About 20 GW of renewable energy are supplying
    energy in the UK and about 11 GW are in the
    pipeline for wind, both onshore and
    offshore. Earlier this year, the government
    announced it would pay higher amounts to
    communities that host onshore wind farms, and
    also introduced guidance that makes sure affected
    residents are brought in early in the decision
    process.  
  • "Cuts to onshore wind and solar support schemes
    show how quickly the cost of clean energy
    technologies are falling, Doug Parr, Policy
    Director of Greenpeace told Bloomberg. Its
    right ministers should now put emphasis onto
    helping drive down the cost of offshore wind so
    that the UK can reap the rewards of new turbine
    factories and thousands of new jobs. Offshore
    wind costs about double the price of onshore wind
    today.
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