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Economics of Offshore Wind Power

Challenges and Policy Considerations

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  • © 2017

Overview

  • Provides a thorough analysis of economics and regulation of offshore wind industry

  • Gives robust coverage of varying policy frameworks in the global landscape

  • Unlike other texts, goes beyond a focus on technology to understand policy and economic cost

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Table of contents (10 chapters)

Keywords

About this book

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.


Authors and Affiliations

  • The Oxford Institute for Energy Studies, Oxford, United Kingdom

    Rahmatallah Poudineh, Craig Brown

  • Keystone Engineering Inc., New Orleans, LA, USA

    Benjamin Foley

About the authors

Rahmatallah Poudineh is a Lead Research Fellow at the Oxford Institute for Energy Studies.

Craig Brown is a Visiting Researcher at the Oxford Institute for Energy Studies.Benjamin Foley, P.E. is the General Manager of Keystone Engineering Inc., New Orleans.



Bibliographic Information

  • Book Title: Economics of Offshore Wind Power

  • Book Subtitle: Challenges and Policy Considerations

  • Authors: Rahmatallah Poudineh, Craig Brown, Benjamin Foley

  • DOI: https://doi.org/10.1007/978-3-319-66420-0

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017

  • Hardcover ISBN: 978-3-319-66419-4Published: 23 November 2017

  • Softcover ISBN: 978-3-319-88240-6Published: 05 September 2018

  • eBook ISBN: 978-3-319-66420-0Published: 13 November 2017

  • Edition Number: 1

  • Number of Pages: XVII, 166

  • Number of Illustrations: 1 b/w illustrations, 25 illustrations in colour

  • Topics: Environmental Economics, Energy Policy, Economics and Management, Energy Policy, Economics and Management

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