Subsidy-free offshore wind plants piquing interest of clean energy industry

The first set of projects will set the course for a subsidy-free offshore wind regime in India too

Question: What can a wind turbine installed in the sea give you? 

Answer: Very competitively priced electricity.

After subsidy-free solar and onshore wind power, subsidy-free offshore wind plants are piquing the interest of the clean energy industry. The first such plant was announced in Germany last year, and the Netherlands gave the contract for a subsidy-free plant earlier this month to Vattenfall.

Fascinatingly, large turbines installed in the sea — near shore or further — tap into the rich wind resource there to generate power. The larger the turbine, the more the cost savings. 

General Electric is working on the world’s biggest offshore wind