OMNI Features|Siemens Energy Announces the Imminent Completion of a 21 MW Offshore Wind Turbine.Italy to Launch Offshore Renewable Energy Contract for Difference Auction
OMNI Features|Siemens Energy Announces the Imminent Completion of a 21 MW Offshore Wind Turbine.Italy to Launch Offshore Renewable Energy Contract for Difference Auction
(Source: Siemens Gamesa)
|Siemens Energy Announces the Imminent Completion of a 21 MW Offshore Wind Turbine
Following the recent installation of the world's first 18 MW offshore wind turbine with a diameter of 260 meters by Dongfang Electric Corporation (DEC), Siemens Energy has announced the imminent completion of its 21 MW wind turbine, which will be the largest offshore wind turbine manufactured by Siemens Energy to date. The estimated output power is approximately 40% higher than that of the company's other turbine models, with the largest turbine boasting a rotor diameter of 236 meters.
Due to recent financial losses in the wind power industry and pressures on the supply chain, some development projects had been postponed. Industry experts speculate that this move will rekindle the competition among turbine manufacturers to develop larger wind turbines.
|Italy to Launch Offshore Renewable Energy Contract for Difference Auction
Italy is set to launch a Contract for Difference (CfD) auction scheme through which the government will select and support renewable energy projects, including floating solar, tidal, and wave energy.
Italy plans to introduce a €35.5 billion scheme to support renewable electricity production until 31 December 2028, financed by a levy on consumers’ electricity bills, and award CfDs for up to 4,590 MW of projects.
Under the scheme, aid will be provided as a 2-way CfD for each kWh of electricity produced and fed into the grid, which will be paid for a duration equal to the useful life of the plants.
Projects will be selected through a transparent bidding process based on the incentive tariff (strike price) required for each project. The reference price for electricity will be the hourly zonal price, which is the market price at the time and location where the energy is fed into the grid.
Reference:ENERGIWATCH|offshore-energy.biz
