European University Institute Library

Economics of Offshore Wind Power, Challenges and Policy Considerations, by Rahmatallah Poudineh, Craig Brown, Benjamin Foley

Label
Economics of Offshore Wind Power, Challenges and Policy Considerations, by Rahmatallah Poudineh, Craig Brown, Benjamin Foley
Language
eng
resource.imageBitDepth
0
Literary Form
non fiction
Main title
Economics of Offshore Wind Power
Medium
electronic resource
Nature of contents
dictionaries
Oclc number
1012883328
Responsibility statement
by Rahmatallah Poudineh, Craig Brown, Benjamin Foley
Series statement
Springer eBooks.
Sub title
Challenges and Policy Considerations
Summary
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.--, Provided by publisher
Table Of Contents
1 Introduction: The Role of the Offshore Wind Industry -- 2. Global Offshore Wind Market -- 3. Cost Drivers and Technical Hurdles -- 4. Renewable Energy Support Policy Design -- 5. Current Support Policies to Promote Offshore Wind Power -- 6. Cost Reductions and Innovation in the Offshore Wind Industry -- 7. Public Attitude and Public Acceptance of the Offshore Wind Farms -- 8. Two Scenarios for Offshore Wind -- 9. The Implications for Policy -- 10. Conclusion: Policy Design and the Future of Offshore Wind
Content
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