6 ms·

That doesn't mean it's a reasonable projet ;)

by _FKS_ 9y ago

giarc 9y ago
Perhaps the commentor is referring to the fact they don't need investors?? Not sure though.
- anotherbrownguy 9y ago
  Yes that is what I was referring to.
kwhitefoot 9y ago
But it does mean that the infrastructure side of it is well understood by the company as it has vast experience of building large installations in the North Sea, both fixed and floating. So the question is rather is it economically viable?
- anotherbrownguy 9y ago
  I have said it in another comment which has been downvoted but just to answer your question, I'll say it again. They are not doing this because of economic viability. If it was economically viable, it wouldn't take Statoil to do it; numerous startups would find investments to do it. They are doing it as an "investment in renewables" to keep the eco-terrorists happy.
  - gehsty 9y ago
    Fairly sure hywind is a 'demonstrator' project used to assess feasibility of large scale deployments +1GW, not just something to keep eco warriors at bay. Subsidy free traditional offshore wind is happening, but this requires good site conditions for installation, cracking subsidy free floating wind would open up much larger spaces of ocean to development and thus more power and profit! Win win!
  - 7952 9y ago
    Offshore wind farms require bidding for concession areas from government. It requires complex design, survey and consenting work. And it needs a prestigious amount of money. A large scheme will spend more than a billion to get constructed. Of course speculators and startups could try. But oil companion have all the right expertise and access to capital. The big opportunity for startups is providing services to the developers.
    - jerven 9y ago
      Not so much, as you might expect for a demo like this. 40 million euro should get you from concepts as by the startup list to competing for tenders on wind farms. That is in comparison to monopile or jackets off-shore.
  - burkaman 9y ago
    Numerous startups: http://ideol-offshore.com/en http://ideol-offshore.com/en http://www.nauticawindpower.com/ http://www.nauticawindpower.com/ https://composites.umaine.edu/research/deepcwind-consortium/ https://composites.umaine.edu/research/deepcwind-consortium/ http://dwwind.com/press/deepwater-wind-develop-west-coasts-first-offshore-wind-farm-2/ http://dwwind.com/press/deepwater-wind-develop-west-coasts-f... http://www.bluehengineering.com/tablet/index.html http://www.bluehengineering.com/tablet/index.html http://www.tridentwinds.com/ http://www.tridentwinds.com/ http://www.hexicon.eu/ http://www.hexicon.eu/ I'm sure there are many more.
  - deleted 9y ago
    [deleted]

That doesn't mean it's a reasonable projet ;)

by _FKS_ 9y ago

That doesn't mean it's a reasonable projet ;)

giarc 9y ago

Perhaps the commentor is referring to the fact they don't need investors?? Not sure though.

anotherbrownguy 9y ago
Yes that is what I was referring to.

kwhitefoot 9y ago

But it does mean that the infrastructure side of it is well understood by the company as it has vast experience of building large installations in the North Sea, both fixed and floating. So the question is rather is it economically viable?

anotherbrownguy 9y ago
I have said it in another comment which has been downvoted but just to answer your question, I'll say it again. They are not doing this because of economic viability. If it was economically viable, it wouldn't take Statoil to do it; numerous startups would find investments to do it. They are doing it as an "investment in renewables" to keep the eco-terrorists happy.
- gehsty 9y ago
  Fairly sure hywind is a 'demonstrator' project used to assess feasibility of large scale deployments +1GW, not just something to keep eco warriors at bay. Subsidy free traditional offshore wind is happening, but this requires good site conditions for installation, cracking subsidy free floating wind would open up much larger spaces of ocean to development and thus more power and profit! Win win!
- 7952 9y ago
  Offshore wind farms require bidding for concession areas from government. It requires complex design, survey and consenting work. And it needs a prestigious amount of money. A large scheme will spend more than a billion to get constructed. Of course speculators and startups could try. But oil companion have all the right expertise and access to capital. The big opportunity for startups is providing services to the developers.
  - jerven 9y ago
    Not so much, as you might expect for a demo like this. 40 million euro should get you from concepts as by the startup list to competing for tenders on wind farms. That is in comparison to monopile or jackets off-shore.
- burkaman 9y ago
  Numerous startups: http://ideol-offshore.com/en http://ideol-offshore.com/en http://www.nauticawindpower.com/ http://www.nauticawindpower.com/ https://composites.umaine.edu/research/deepcwind-consortium/ https://composites.umaine.edu/research/deepcwind-consortium/ http://dwwind.com/press/deepwater-wind-develop-west-coasts-first-offshore-wind-farm-2/ http://dwwind.com/press/deepwater-wind-develop-west-coasts-f... http://www.bluehengineering.com/tablet/index.html http://www.bluehengineering.com/tablet/index.html http://www.tridentwinds.com/ http://www.tridentwinds.com/ http://www.hexicon.eu/ http://www.hexicon.eu/ I'm sure there are many more.
- deleted 9y ago
  [deleted]