Europe’s Cap and Trade has reduced fossil energy use and grown renewable energy
Here’s an example of how fossil energy companies could switch to renewable energy. The Norwegian company StatoilHydro is celebrating the off-shore wind inauguation this month of their Hywind pilot in the North Sea. Off-shore oil drilling companies are in a good position to leverage their expertize to develop off-shore wind; (just as fossil companies on land could also switch from oil drilling to geothermal drilling.)
StatoilHydro’s $58 million Hywind project draws on the company’s long years of experience in offshore oil and gas drilling to easily make the switch to renewable energy. Because of the long previous experience with suppliers they were able to deliver the off-shore wind project on budget and on schedule.
Siemens built the turbine, while Technip built and installed the offshore floater. Nexans Norway laid the submarine power line to the receiving station operated by grid operator Haugaland Kraft who will deliver the power to the grid
“Our goal with the Hywind pilot is to test how wind and waves affect the structure, learn how the operating concept can be optimized and identify technology gaps,” said Margareth Øvrum, VP of Technology & New Energy at the inauguration.
Susan Kraemer writes at CleanTechnica, CSP-Today, PV-Insider , SmartGridUpdate and GreenProphet and has been published at Ecoseed, NRDC OnEarth, MatterNetwork, Celsius, EnergyNow and Scientific American. As a former serial entrepreneur in product design she brings an innovator's perspective on inventing a carbon-constrained civilization: If necessity is the mother of invention: solving climate change is the mother of all necessities! As a lover of history and sci fi, she enjoys chronicling the strange future we are creating in these interesting times. Follow Susan @dotcommodity on twitter.