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Economics of Offshore Wind Power

Challenges and Policy Considerations

  • Rahmatallah Poudineh
  • Craig Brown
  • Benjamin Foley

Table of contents

  1. Front Matter
    Pages i-xvii
  2. Rahmatallah Poudineh, Craig Brown, Benjamin Foley
    Pages 1-14
  3. Rahmatallah Poudineh, Craig Brown, Benjamin Foley
    Pages 15-31
  4. Rahmatallah Poudineh, Craig Brown, Benjamin Foley
    Pages 33-50
  5. Rahmatallah Poudineh, Craig Brown, Benjamin Foley
    Pages 51-63
  6. Rahmatallah Poudineh, Craig Brown, Benjamin Foley
    Pages 65-90
  7. Rahmatallah Poudineh, Craig Brown, Benjamin Foley
    Pages 91-109
  8. Rahmatallah Poudineh, Craig Brown, Benjamin Foley
    Pages 111-121
  9. Rahmatallah Poudineh, Craig Brown, Benjamin Foley
    Pages 123-137
  10. Rahmatallah Poudineh, Craig Brown, Benjamin Foley
    Pages 139-150
  11. Rahmatallah Poudineh, Craig Brown, Benjamin Foley
    Pages 151-157
  12. Back Matter
    Pages 159-166

About this book

Introduction

The book provides an overview of the policy frameworks that have been employed to support offshore wind power, and their efficacy in nurturing sustainable cost reductions across the industry.A growing number of countries are increasingly receptive to the prospect of implementing policies to support the deployment of large-scale renewable energy. The promise of carbon-free, utility-scale power generation from offshore wind farms has incentivised and nurtured offshore wind development. However, the high relative costs of deploying offshore wind compared to alternatives have a history of making it political divisive pursuit. At the same time when many countries are just beginning to explore the possibility of developing an offshore wind industry, many other countries are experiencing what can be described as policy fatigue over supporting offshore wind. If cost reductions are not proven sustainable by the early 2020’s, then government support for offshore wind may start to erode and even completely evaporate in several key offshore wind markets – with global repercussions. This book will provide the reader with a clear picture of the current status and future challenges of the offshore wind industry globally, incorporating both a technical analysis of the cost drivers as well as a detailed analysis of policy design and economics of industry.

Keywords

environment environmental economics wind turbines renewable energy carbon free wind farm

Authors and affiliations

  • Rahmatallah Poudineh
    • 1
  • Craig Brown
    • 2
  • Benjamin Foley
    • 3
  1. 1.The Oxford Institute for Energy StudiesOxfordUnited Kingdom
  2. 2.The Oxford Institute for Energy StudiesOxfordUnited Kingdom
  3. 3.Keystone Engineering Inc.New Orleans, LAUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-66420-0
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2017
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-319-66419-4
  • Online ISBN 978-3-319-66420-0
  • Buy this book on publisher's site