{"id":7099,"date":"2016-11-02T12:53:25","date_gmt":"2016-11-02T12:53:25","guid":{"rendered":"https:\/\/cleanenergyworld.net\/index.php\/2016\/11\/02\/technology-lower-costs-drive-offshore-wind-boom-towards-growth-650-2030\/"},"modified":"2016-11-02T12:53:25","modified_gmt":"2016-11-02T12:53:25","slug":"technology-lower-costs-drive-offshore-wind-boom-towards-growth-650-2030","status":"publish","type":"post","link":"https:\/\/cleanenergyworld.net\/index.php\/2016\/11\/02\/technology-lower-costs-drive-offshore-wind-boom-towards-growth-650-2030\/","title":{"rendered":"Technology, Lower Costs Drive Offshore Wind Boom Towards Growth Of 650% By 2030"},"content":{"rendered":"<p>Offshore wind power has the potential to grow from just 13 gigawatts (GW) in 2015 to 100 GW in 2030, according to the new analysis from the <a href=\"http:\/\/www.irena.org\/\">International Renewable Energy Agency (IRENA)<\/a>. <em><a href=\"http:\/\/www.irena.org\/DocumentDownloads\/Publications\/IRENA_Innovation_Outlook_Offshore_Wind_2016.pdf\">Innovation Outlook: Offshore Wind<\/a><\/em>, launched this week, at the <a href=\"http:\/\/wwec2016tokyo.com\/\">World Wind Energy Conference<\/a> in Tokyo, provides an overview of the future developments that will drive the offshore wind power boom, including technology advancements and further cost declines.<\/p>\n<p align=\"justify\">\u201cOffshore wind power is poised to become a leading power generation technology in a decarbonised global economy,\u201d said Adnan Z. Amin, Director-General of IRENA. \u201cNow that onshore wind power is cost-competitive with conventional power generation technologies, more attention is shifting to offshore applications, characterised by high technical power generation potential.\u201d<\/p>\n<p align=\"justify\">Technology innovation will be a key driver of the offshore wind boom. The report highlights upcoming innovations that will enable sector development, including next-generation wind turbines with larger blades, and floating turbines, which will open up new markets in deeper waters. These advancements, combined with other sector developments, will reduce average costs for electricity generated by offshore wind farms by 57 percent over time \u2013 from USD 170 per megawatt hour (MWh) in 2015 to USD 74 per MWh in 2045.<\/p>\n<p align=\"justify\">\u201cThe potential for offshore wind is enormous, but to realise it, governments must support technology innovation, and implement mechanisms to reduce technical risk and finance costs,\u201d said Stefan Gsaenger, Secretary-General of the World Wind Energy Association. \u201cThis report from IRENA helps lay the foundation for this needed action.\u201d<\/p>\n<p align=\"justify\"><em><a href=\"http:\/\/www.irena.org\/DocumentDownloads\/Publications\/IRENA_Innovation_Outlook_Offshore_Wind_2016_summary.pdf\">Innovation Outlook: Offshore Wind<\/a> <\/em>provides a set of recommendations for the effective implementation of policy mechanisms and incentive programmes that would allow offshore wind technology to realise its potential to decarbonise the energy market. <a href=\"http:\/\/www.irena.org\/DocumentDownloads\/Publications\/IRENA_Innovation_Outlook_Offshore_Wind_2016_summary.pdf\">Recommendations <\/a>include provisioning targeted research and development funding and <a href=\"http:\/\/www.irena.org\/DocumentDownloads\/Publications\/IRENA_Innovation_Outlook_Offshore_Wind_2016_summary.pdf\">supporting information<\/a> sharing and skills development, amongst other measures.<\/p>\n<p align=\"justify\">The report is part of the Innovation Outlook series, which highlights innovations and future outlooks for various renewable energy technologies. Innovation Outlooks are also available for <a href=\"http:\/\/www.irena.org\/DocumentDownloads\/Publications\/IRENA_Innovation_Outlook_Minigrids_Summary_2016.pdf\">mini-grids<\/a> and <a href=\"http:\/\/www.irena.org\/DocumentDownloads\/Publications\/IRENA_Innovation_Outlook_Advanced_Biofuels_2016_summary.pdf\">advanced liquid biofuels<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Offshore wind power could grow more than 650% by 2030, according to a new analysis from the International Renewable Energy Agency (IRENA). \u201cIt&#8217;s poised to become a leading power generation technology in a decarbonised global economy,\u201d said Adnan Z. Amin, Director-General of IRENA, this week, at the World Wind Energy Conference. \u201cNow that onshore wind power is cost-competitive with conventional power generation technologies, more attention is shifting to offshore applications, characterised by high technical power generation potential\u201d.<\/p>\n","protected":false},"author":2,"featured_media":6754,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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