Post by havelock on Sept 10, 2010 10:14:39 GMT 1
from www.offshorevaluation.org/
"The Offshore Valuation Group came together to answer a central question for the United Kingdom: What is the value of our offshore renewable energy resource?
What we found has exceeded our expectations. In harnessing 29% of the practical offshore renewable resource by 2050:
• the electricity equivalent of 1 billion barrels of oil could be generated annually, matching North Sea oil and gas production and making Britain a net electricity exporter;
• carbon dioxide reductions of 1.1 billion tonnes would be achieved by the UK between 2010 and 2050 – a major contribution towards 2050 climate targets;
• 145,000 new UK jobs could be created by industry.
The next four decades of technological development could enable us to harness a practical resource ten times the size of today’s planned deployments. Integration with neighbouring electricity networks though a ‘super-grid’ could provide access to a single European electricity market, enabling the UK to sell renewable electricity across the continent.
We assessed the extent of the practical resource through a detailed mapping process based on five electricity generating technologies: wind with fixed and floating foundations; wave; tidal range; and tidal stream. The full practical resource - 2,131 TWh/year - exceeds current UK electricity demand six times over.
The Offshore Valuation Group is an informal collaboration of government and industry organisations who have come together to address the question: what is the value of the UK’s offshore renewable energy resource?
1. The Department of Energy
& Climate Change
2. The Scottish Government
3. The Welsh Assembly Government
4. The Crown Estate
5. Energy Technologies Institute
6. Scottish & Southern Energy
7. RWE Innogy
8. E.ON
9. DONG Energy
10. Statoil
11. Mainstream Renewable Power
12. Renewable Energy Systems (RES)
13. Vestas
14. Public Interest Research Centre"
Any comments on this - particularly the points I have highlighted in bold?
"The Offshore Valuation Group came together to answer a central question for the United Kingdom: What is the value of our offshore renewable energy resource?
What we found has exceeded our expectations. In harnessing 29% of the practical offshore renewable resource by 2050:
• the electricity equivalent of 1 billion barrels of oil could be generated annually, matching North Sea oil and gas production and making Britain a net electricity exporter;
• carbon dioxide reductions of 1.1 billion tonnes would be achieved by the UK between 2010 and 2050 – a major contribution towards 2050 climate targets;
• 145,000 new UK jobs could be created by industry.
The next four decades of technological development could enable us to harness a practical resource ten times the size of today’s planned deployments. Integration with neighbouring electricity networks though a ‘super-grid’ could provide access to a single European electricity market, enabling the UK to sell renewable electricity across the continent.
We assessed the extent of the practical resource through a detailed mapping process based on five electricity generating technologies: wind with fixed and floating foundations; wave; tidal range; and tidal stream. The full practical resource - 2,131 TWh/year - exceeds current UK electricity demand six times over.
The Offshore Valuation Group is an informal collaboration of government and industry organisations who have come together to address the question: what is the value of the UK’s offshore renewable energy resource?
1. The Department of Energy
& Climate Change
2. The Scottish Government
3. The Welsh Assembly Government
4. The Crown Estate
5. Energy Technologies Institute
6. Scottish & Southern Energy
7. RWE Innogy
8. E.ON
9. DONG Energy
10. Statoil
11. Mainstream Renewable Power
12. Renewable Energy Systems (RES)
13. Vestas
14. Public Interest Research Centre"
Any comments on this - particularly the points I have highlighted in bold?