The economics of offshore wind

Green, Richard and Vasilakos, Nicholas ORCID: https://orcid.org/0000-0003-3279-2885 (2011) The economics of offshore wind. Energy Policy, 39 (2). pp. 496-502.

Full text not available from this repository. (Request a copy)

Abstract

This paper presents an overview of the main issues associated with the economics of offshore wind. Investment in offshore wind systems has been growing rapidly throughout Europe, and the technology will be essential in meeting EU targets for renewable energy in 2020. Offshore wind suffers from high installation and connection costs, however, making government support essential. We review various support policies used in Europe, concluding that tender-based feed-in tariff schemes, as used in Denmark, may be best for providing adequate support while minimising developers’ rents. It may prove economic to build an international offshore grid connecting wind farms belonging to different countries that are sited close to each other.

Item Type: Article
Faculty \ School: Faculty of Social Sciences > Norwich Business School
UEA Research Groups: Faculty of Social Sciences > Research Groups > Responsible Business Regulation Group
Faculty of Social Sciences > Research Centres > Centre for Competition Policy
University of East Anglia Schools > Faculty of Science > Tyndall Centre for Climate Change Research
Faculty of Science > Research Centres > Tyndall Centre for Climate Change Research
Depositing User: Nicholas Vasilakos
Date Deposited: 12 Apr 2011 18:12
Last Modified: 15 Jun 2023 23:41
URI: https://ueaeprints.uea.ac.uk/id/eprint/29134
DOI: 10.1016/j.enpol.2010.10.011

Actions (login required)

View Item View Item