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Thanks for that analysis. Some additional fine tuning:
  • on item 3 - experience moved to the UK in the late 2000s, Germany will join as of next year when the first industrial scale projects are built there;

  • on item 3 again: sample for offshore is really small. Apart from what are really R&D facilities, there are 2 projects in the sample for any significant period of time: Horns Rev (160 MW, 2002) and Nysted (165 MW, 2003). Other large projects come online in 2009/2010 (Horns Rev 2, Rødsand). The 2 early projects had to go through major teething problems, but 50% of Nysted was sold last year to PensionDenmark so they obviously think of the project as a long term ongoing concern (and DONG, the operator, must have given them the relevant underlying data)

  • on item 4: I think large projects in the UK are mostly quite recent, so there may be a learning curve there as well, but the point is to be noted indeed.

Wind power
by Jerome a Paris (etg@eurotrib.com) on Mon Dec 24th, 2012 at 05:14:40 AM EST
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