Top 10 Gigawatts: Offshore Wind Power Capacity [Infographic]

by Amber Archangel – Special to JBS News

Originally published on 1Sun4All.

This infophoto shows the current information available on offshore wind in a graphic form, so we can easily see the big picture. It will be fun to update this in a year and look back at the progress that’s been made. It will also be wonderful to see the United States participate in the offshore industry.

offshore wind

When we discuss gigawatts of offshore wind, the place to begin is megawatts. The wind farms that are operational at this time are all megawatt (MW) in size. There is one project underway in the United Kingdom that will be more than 1 gigawatt (GW) in size. The planning consent has been granted for what will be the world’s largest offshore wind farm at Triton Knoll, off the Lincolnshire and Norfolk coast. It represents a £3.6 billion investment, around 1,130 jobs created and will provide power to 820,000 homes.

According to RenewableUK:

Great Britain has been the world leader in offshore wind since October 2008, with as much capacity already installed as the rest of the world combined. Total offshore generating capacity in UK waters is currently around 3,653 MW, providing power for around 2 million homes.

In addition to the capacity already installed, a further 3.8 GW is either in construction or has planning approval, and a further 7.8 GW is in the planning system. One of these projects that in the planning system is the 1.1 GW Rampion Offshore Wind Farm. It will be located off the Dorset and Hampshire coasts, near Brighton & Hove.

The US Department of Energy reports:

Offshore wind represents a large, untapped energy resource for the United States, offering over 4,000 gigawatts of clean, domestic energy potential – four times the nation’s current total generation capacity. According to a recent report commissioned by the Energy Department, a US offshore wind industry that takes advantage of this abundant domestic resource could support up to 200,000 manufacturing, construction, operation and supply chain jobs across the country and drive over $70 billion in annual investments by 2030.

This article, Top 10 Gigawatts: Offshore Wind Power Capacity (Infographic), is syndicated from Clean Technica and is posted here with permission.

About the Author

is an artist, painter, writer, interior designer, graphic designer, constant student of many studies and founder of 1Sun4All.com. Living with respect for the environment close at hand, the food chain, natural remedies for healing, the earth, people and animals is a life-long expression and commitment. As half of a home-building team, she helped design and build harmonious, sustainable and net-zero homes that incorporate clean air systems, passive and active solar energy as well as rainwater collection systems. Archangel is fond of private aviation, would love to fly in the solar airplane and install a wind turbine in her yard. She is a peaceful, courageous soul who believes that clean energy is helping our economy and helping our world; she enjoys contributing to this effort.

Will Global Sustainability Ever Be Possible?

by John Brian Shannon

If you haven’t seen these two short videos on demographics and sustainability from Professor Hans Rosling take the time to do it now. Hans at his best!

If you prefer to watch video 1 at www.ted.com click here>> “Hans Rosling Shows the Best Stats You’ve Ever Seen”

If you prefer to watch video 2 at http://www.ted.com here>> “Hans Rosling on Global Population Growth”

Bonus video from The Economist: “VideoGraphic: Global Fertility”

Bonus article from The Economist: “Go Forth and Multiply a Lot Less”

John Brian Shannon

John Brian Shannon

ABOUT JOHN BRIAN SHANNON

I write about green energy, sustainable development and economics. My blogs appear in the Arabian Gazette, EcoPoint, EnergyBoom, Huffington Post, United Nations Development Programme, WACSI — and other quality publications.

“It is important to assist all levels of government and the business community to find sustainable ways forward for industry and consumers.”

Green Energy blog: http://johnbrianshannon.com
Economics blog: https://jbsnews.wordpress.com
Twitter: @JBSCanada

 

On Education, What Would You Do as the British Prime Minister? — MY COMMENT

This article was published in the New York Times – May 4, 2012 — MY COMMENT follows this short excerpt:

By D.D. GUTTENPLAN
Published: May 4, 2012

“MADRID — With the world economy mired in recession, the British prime minister learns that one of the country’s largest banks is experiencing liquidity problems and is close to collapse. The government has three options: It can publicly bail out the troubled bank, risking widespread panic in the financial sector; it can secretly move to shore it up; or it can leave the bank’s fate to the market. The government’s top economic advisers are divided. Time is running out. The prime minister must decide…”

_____________________

MY COMMENT:

The (fictional) government should be fired for limiting itself to these three options!

Either they are incompetent, herd-mentality domesticated farm animals – or they are willfully trying to crash their government whilst taking a swipe at the economy on the way out of political office.

My choice is the obvious choice, which is not mentioned above.

The Prime Minister simply orders a merger with the largest, strongest bank in the country – in a “previously unannounced merger” press conference.

In this scenario, long before the failing bank problems become public, the merger is already announced – thereby preempting any untoward market reaction.

Business blithely carries on across the country, while the larger bank absorbs and then parses their purchase. After some weeks or months, they will no doubt be selling-off those under-performing portions of their newest acquisition.

The government, having arranged the whole deal in the first place would then be able to assess exactly how much “fair compensation” is due the larger bank, for it’s altruistic market behavior. In the form of year-end tax breaks, of course.

http://www.nytimes.com/2012/05/07/world/europe/07ihteduclede07.html?pagewanted=2&tntemail0=y&emc=tnt&pagewanted=all

The Economist Asks: Does Britain need a fiscal boost? — MY COMMENT

Just as a matter of principle, the UK should not be running deficits. It is  unconscionable for any 1st world nation, especially one with so many gifts, to NOT spend within it’s means.

Running deficits year in and year out, is the kind of undisciplined behavior we expect from the most primitive undeveloped economies, not the UK, for goodness sakes!

Legislation should be passed in the UK (and independently in all other 1st world nations) banning deficit spending by the federal government except during wartime, or other significant emergencies.

Whether it is affordable or not, is irrelevant as it is simply morally wrong to mismanage, when sound management would suffice.

Mismanage how?

Every pound that is borrowed when in deficit, and then later tacked onto the federal debt of a nation, takes food out of the mouths of the citizens – as each individual pound borrowed carries with it a borrowing cost (compound interest) which, any banker can tell you will end up costing you very many pounds in compound interest.

Which would be almost fine, I suppose, if that interest was staying in the country. But it’s not.

International lenders carry shiploads of money out of the UK and other Western economies every single year in the form of interest paid on government deficits and accumulated deficits (debt) from years and decades gone by.

It is a travesty and it’s immoral to give away the wealth of a nation in slow motion. That money is gone forever.

For now, to solve the immediate problem, the UK as it is sovereign in it’s own currency, should print more than enough money to pay the deficit — PLUS 20% — and that 20% could be used as a stimulus fund on “shovel ready” infrastructure money in the highest unemployment regions of the country.

Instantly, that money would begin working to return the economy to a better place and through taxation (employed people spend more and pay more income-tax) lift the government’s revenues.

Not only would the government save the cost of the compound interest for this year’s deficit, they would receive much of it back through various taxation, further removing stress from the government’s accounts. Let alone continuing to pay interest on it for a decade or two, before finally getting this year’s deficit paid off.

And while they are at it, they should invoke a slight devaluation of the pound, to enhance exports, to further stimulate the economy, adding jobs in the process, which means adding more taxpayers to the government revenue stream.

To read the original article and to vote in the poll, visit:

http://www.economist.com/economist-asks/does-britain-need-fiscal-boost

Follow John Brian Shannon on Twitter: https://twitter.com/@JBSCanada

Europe’s Economic Suicide by Paul Krugman — MY COMMENT

The Euro was doomed to failure from the start IF all of Europe did not convert to the Euro early on. Having a centralized currency in some parts of Europe while national currencies operate in other parts of Europe (operating together and against each other) in some jurisdictions is unworkable.

It would be the equivalent of having an Eastern U.S. dollar and a Western dollar in the U.S.A.

Obviously, both regional currencies would trade at a different value and compete against each other with the goal of defeating the competing currency. Effectively, one region of the U.S. would be at economic war with another region of the U.S.!

Currency speculators worldwide would be quick to make that opportunity work for them – regardless of the economic consequences to either region!

Which is exactly what has been happening to Europe since 2000 and to think otherwise is to be looking through the wrong end of the telescope.

The quiet, almost polite, currency/economic war raging in Europe over the past decade increased unemployment, lowered profits, decreased confidence domestically and abroad and charted an erratic path for the often different national economic systems there.

This wound in the very fabric of Europe won’t heal until the decision is made to either drop the Euro completely – or the European nations embrace one currency.

If that decision is deferred much longer, Europe will continue to lose economic power, until there is complete and utter economic failure there.

To read Professor Paul Krugman – visit:

http://www.nytimes.com/2012/04/16/opinion/krugman-europes-economic-suicide.html?_r=1#comments

Follow me on Twitter: https://www.twitter.com/@JBSCanada