I have to admit to a certain dubiety about this:
In Sclavounos view, the economics of the power industry are already approaching a tipping point that will drive rapid adoption of floating turbines. "The technology is essentially proven," he says. "We know we can design [platforms] and spars that are not going to move in big storms. What is going to lead to this industry taking off will be the economics. When carbon-emissions trading markets start maturing, you\’re going to see this industry take off, even without state subsidies. We\’re not far from it."
Not the statement about economics, that\’s obvious. As and when some form of renewables is indeed viable against conventional then it will indeed take off.
He estimates that Blue H\’s wind farms will deliver wind energy for seven to eight cents per kilowatt-hour, roughly matching the current cost of natural gas-fired generation and conventional onshore wind energy.
That\’s the bit I\’m dubious about, that they have in fact reached that point.
Anyone know more about it?