Offshore Wind Essay Example | Topics and Well Written Essays - 500 words

Offshore Wind - Essay Example The article also notes from experience that the installation of offshore wind stations has not been received that well and is witnessing a low takeoff. Nevertheless, the installation has seen remarkable improvements over the last few years with at least 3.5 GW of offshore winds being in line, over 2GW is already in development, and more than 100GW currently at different development stages. Nevertheless, most constructions are concentrated in North Europe especially in the UK, Germany, Sweden, Denmark, and Belgium.The article also shows that projects of offshore winds have increased in scale over the last decade, and the trend continues. The increase is mainly projected to be witnessed in UK, which will see hundreds of high voltage wind turbines being constructed. This will require numerous highly specialized installation vessels as well as port facilities to manage the increasing dimension of wind turbines, balance of plants and support structures. Wright notes that the major challen ge pertains to financial requirements as the UK round 3 Zones are projected to require over â‚ ¬90 billion, which would necessitate new financing models and the support of the public at all levels. Nevertheless, private investors have aired their worries regarding the high risk associated with construction, financial incentives, long-term stability, and issues related to turbine reliability.The article also reveals that the supply chain progress has been inspired in the recent past with increasing separation between onshore and offshore wind sectors.