National Grid plc Eyes Canada-U.S. Route
A feasibility study is being conducted for the project, according to a statement on Wednesday from London-based National Grid and Emera, which is based in Halifax. An initial stage of the line from near
Bangor, Maine, to Massachusetts would have the capacity to transmit 660 megawatts of electricity, they said.
The 322-kilometre line, proposed to regulators in December, would help states in the U.S. Northeast reduce their reliance on coal-fueled power plants that emit greenhouse gases linked to global warming, Jennifer Nicholson, a spokeswoman for Emera, said in a telephone interview Wednesday.
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BloombergNEF: World offshore wind costs 'drop 32% per cent'
DENMARK - World offshore wind costs have fallen 32% from just a year ago and 12% compared with the first half of 2019, according to new research from BloombergNEF.
In its latest Levelized Cost of Electricity (LCOE) Update, BloombergNEF said its current global benchmark LCOE estimate for offshore wind is $78 a megawatt-hour.
“New offshore wind projects throughout Europe now deploy turbines with power ratings up to 10MW, unlocking CAPEX and OPEX savings,” BloombergNEF said.
In Denmark and the Netherlands, it expects the most recent projects financed to achieve $53-64/MWh excluding transmission.
New solar and onshore wind projects have reached parity with average wholesale…
