Magnomatics launches offshore wind technology

The company has tested their Compact High Efficiency Generator (CHEG), a Magnomatics 500kW PDD, as part of the EU €100 million DemoWind project at the Offshore Renewable Energy Catapult in Byth, Northumberland, UK. The result of the demonstration showed that the CHEG had higher efficiency, compact size and low operation and maintenance costs. This confirmed the conclusions from the InnWind project and independent review by BVG Associates. The magnetically geared generator can also be scaled up to 10 MW. With costs and performance confirmed, Magnomatics has announced that it has serious commercial interest in the technology for wind energy.

According to a new report published by the International Energy Agency (IEA), global offshore wind capacity is likely to increase 15-fold and attract around $1 trillion of cumulative investment by 2040.

In addition, the UK has over 7GW already operational and more installed or under construction, and is on track to deliver over 10GW by 2020, rising to 30GW by 2030. Much of this growth will be driven by the decreasing cost of offshore wind. Recent successful bids in the North Sea were as low as £40/MWh. This is less than half of the price of energy from the new Sizewell Nuclear Power station agreed with the UK Government.

Read the article online at: https://www.energyglobal.com/wind/16012020/magnomatics-launches-offshore-wind-technology/