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☆ The world's largest floating wind farm is now officially open — and helping to power North Sea oil operations
▼ + stars: | 2023-08-23 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +3 min

Floating offshore wind turbines are different from fixed-bottom offshore wind turbines, which are rooted to the seabed. One advantage of floating turbines is that they can be installed in far deeper waters than fixed-bottom ones. In recent years a range of companies and major economies like the U.S. have laid out goals to ramp up floating wind installations. Alongside Equinor, partners in the Hywind Tampen project include Vår Energi, INPEX Idemitsu, Petoro, Wintershall Dea and OMV. Back in 2017, it started operations at Hywind Scotland, a five-turbine, 30 MW facility it calls the planet's first floating wind farm.

Persons: Equinor, Tampen, Crown Prince Haakon of Norway, INPEX, Wintershall, Equinor's Siri Kindem, General, Antonio Guterres Organizations: United Nations Locations: Norwegian, Norway, OMV, Hywind Scotland, North, Sharm el, Sheikh, Egypt

[1/2] Hywind Tampen floating wind farm structures are being assembled at the Wergeland Base in Gulen, Norway, June 7, 2022. But by 2035, the LCOE for floating wind is expected to fall to about 60 euros/MWh. It plans to set a specific target for floating wind this year. Britain aims to have 5 GW of floating wind installed by 2030 but a report by the UK Floating Wind Offshore Wind Taskforce, said 34 GW could be installed by 2040 if ports were upgraded. "South Korea will be commercial the quickest," said Cole at Corio Generation, which has 1.5 GW of floating wind under development there.

☆ The 'world's largest floating wind farm' produces its first power
▼ + stars: | 2022-11-14 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +4 min

A facility described as the world's largest floating wind farm produced its first power over the weekend, with more turbines set to come online before the year is out. The use of a floating wind farm to help power the production of fossil fuels is likely to spark some controversy, however. Earlier this year, meanwhile, the White House said it was targeting 15 gigawatts of floating offshore wind capacity by the year 2035. As well as the 15 GW ambition, a "Floating Offshore Wind Shot" aims to reduce the costs of floating technologies by over 70% by the year 2035. "Bringing floating offshore wind technology to scale will unlock new opportunities for offshore wind power off the coasts of California and Oregon, in the Gulf of Maine, and beyond," the statement added.

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