It will be interesting to see how this farm will do. https://www.yahoo.com/finance/news/decades-europe-turning-blades-send-150158096.html
It makes a lot more sense to put these big turbines offshore near the users compared to installing them in rural Northern Maine and having to build a new transmission line to get the power to the grid and eat the transmission losses. Off shore wind is more dispatchable as the daily winds are more predictable.
Orsted has recently canceled some similar projects as the economics got worse (and some argue they underbid them hoping to get their foot in the door). SIemen's their competitor in Europe is in big financial trouble due to some reliability issues and GE seems to be holding back on these big offshore farms. The state of Maine is trying to become the big floating turbine market but I think the bets are still out on the commercial feasibility of it.
It makes a lot more sense to put these big turbines offshore near the users compared to installing them in rural Northern Maine and having to build a new transmission line to get the power to the grid and eat the transmission losses. Off shore wind is more dispatchable as the daily winds are more predictable.
Orsted has recently canceled some similar projects as the economics got worse (and some argue they underbid them hoping to get their foot in the door). SIemen's their competitor in Europe is in big financial trouble due to some reliability issues and GE seems to be holding back on these big offshore farms. The state of Maine is trying to become the big floating turbine market but I think the bets are still out on the commercial feasibility of it.