Innovation as a tool for cost reduction for wind power

Wind turbine installation at Noblesfontein wind farm (74 MW, South Africa) , constructed by Iberdrola Ingeniería and Grupo Five. Photo courtesy of Iberdrola Ingeniería

KIC InnoEnergy, developer of innovative programmes in sustainable energy together with BVG Associates, have recently published the studies “Future renewable energy costs: offshore wind power”, “Future renewable energy costs: onshore wind power”. These analyse the impact of the technological innovations that will be developed over the next 10 years and are geared towards reduced energy costs for both onshore and offshore wind power.

The findings of these reports identify opportunities and technological challenges in onshore and offshore wind power generation.

These reports are the first in a series focusing on renewable energy and aim to develop credible cost models for these technologies based on a comprehensive analysis of the principal technological innovations that are expected to be applied in the medium term, using a consistent and robust methodology.

Article published in: FuturENERGY September 2014