While offshore wind investment is needed for the energy transition, it is still in its infancy, writes Joel Kranc, leaving investors to assess cost versus return potential.
Lowering the maximum potential strike price has so far helped spur investment and reduce costs, but in the current macro environment, this ceiling might put developers in a tight spot, FTI Consulting’s Julio Dal Poz argues.
From the energy transition to the attractiveness of infrastructure debt to technological advances, our Seoul and Tokyo events had plenty of topics to explore both on- and off-stage. Below is a snapshot of what we heard.
The impact on generation efficiency and the environment when more offshore turbines are clustered ever closer together in a changing climate is not clear.
Vineyard Wind 1, set to deliver power later this year, will be the first commercial-scale offshore wind project in the US. It has laid the groundwork for further industry investment.