Wind power in Scotland

Bechtel Supports Pioneering Renewables Technology to Help Accelerate U.K. Offshore Wind Generation

Retrieved on: 
Monday, March 15, 2021

LONDON, March 15, 2021 /PRNewswire/ -- Bechtel is partnering with windfarm developer Hexicon to demonstrate innovative offshore wind technology for large-scale floating power generation projects off the coast of the U.K.

Key Points: 
  • LONDON, March 15, 2021 /PRNewswire/ -- Bechtel is partnering with windfarm developer Hexicon to demonstrate innovative offshore wind technology for large-scale floating power generation projects off the coast of the U.K.
  • Positive results from this demonstration project will further bolster the UK as a world leader in offshore wind generation and support the Government's path to generate 40GW of offshore wind power by 2030.
  • "Our technology is one of a handful of solutions that can support deep water offshore wind projects, which will massively increase the potential for offshore wind power generation, said Marcus Thor, CEO of Hexicon.
  • www.bechtel.com
    Hexicon develops wind power projects in deep water areas based on a patented technology for floating windfarms that enables generation of large amounts of renewable energy offshore.

Global Wind Turbines Market Report 2020 - ResearchAndMarkets.com

Retrieved on: 
Friday, March 5, 2021

The "Global Wind Turbines" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Wind Turbines" report has been added to ResearchAndMarkets.com's offering.
  • Wind turbines are considered one of the most environmentally appealing solutions for electricity production.
  • Individual wind turbines - the majority of which have outputs of between 50 kilowatts (kW) and 4 megawatts (MW) - are generally configured together into "wind farms" or "wind parks" to provide grid-connected power, and such farms create the majority of demand for wind turbines in any given year.
  • For example, coastal areas often rely on scenic views for property values and tourism, and wind turbines are considered by many as aesthetically unappealing, limiting the area in which coastal farms can be constructed.

Global Offshore Wind Market to 2024: Rising Penetration of Offshore Wind Power / Improvement in Capacity Factor / Rising Renewable Energy Consumption / Growing Numbers of Offshore Wind Farms

Retrieved on: 
Thursday, January 14, 2021

The global offshore wind market is expected to record a value of US$51.75 billion in 2024, increasing at a CAGR of 14.21%, for the duration spanning 2020-2024.

Key Points: 
  • The global offshore wind market is expected to record a value of US$51.75 billion in 2024, increasing at a CAGR of 14.21%, for the duration spanning 2020-2024.
  • The factors such as rising penetration of offshore wind power, growing electricity demand, improvement in capacity factor, rising renewable energy consumption and an escalating number of offshore wind farms would drive the growth of the market.
  • A few notable trends may include decline in installation cost, increasing R&D spending on energy sector and the evolution of offshore wind turbines.
  • The global offshore wind sector has been very lucrative over the past few years due to the consistent upgradation in the cutting-edge offshore wind farm technology.