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South Korean government and private companies have decided to invest 9.2 trillion won ($8.2 billion) in offshore wind farms.

A 100 MW pilot wind farm is scheduled to come online by 2013, to be followed by a 900 MW one by 2016, and then an additional 1,500 MW of further capacity by 2019, for a total of 2,500 MW and 500 turbines (huge 5 MW ones!).

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Plans to build three new factories to make thousands of giant offshore wind turbines that would create an estimated 60,000 jobs are set to become the latest casualty of the spending review, it has emerged.
The previous government had pledged £60m to upgrade ports, mainly in the north-east, to enable them to handle the next generation of giant turbines for installation off the UK coast.
Siemens and General Electric have announced plans to invest £180m in two new manufacturing facilities in the UK, but say this is conditional on the necessary work on nearby ports. Mitsubishi is also interested in building a third factory.
But the Guardian has learned that the competition inviting ports to bid for the funds is likely to be scrapped

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A new report by Oceana outlines, as previous studies have done, just how bountiful the offshore wind power potential of the Atlantic coast of the United States is. While it varies from state to state, a handful of states could generate more electricity than they need, and more could supply a large part of their demand. Overall, offshore wind could generate more power than than the economically recoverable oil and gas reserves in the same locations.

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n Oceana’s report Untapped Wealth: Offshore Wind Can Deliver Cleaner, More Affordable Energy and More Jobs Than Offshore Oil, our comprehensive analysis shows that focusing our investments on clean energy like offshore wind would be cost effective, more beneficial to job creation, and better for the environment and ocean in a variety of ways than offshore oil and gas exploration and development

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The wheel in the sky keeps on turning -- or at least it will if a Japanese renewable energy professor's "Wind Lens" turbine design is realized. Resembling giant white rims, these offshore turbines have the potential to produce up to three times as much energy as a standard offshore one.

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Take 100 billion pounds, a plan to create 60,000 jobs, and the urgent need to end an addition to fossil fuels, and what do you get? The first steps in Britain’s plan to develop its offshore wind farm capabilities. The UK recently announced plans for two massive turbine farms, and has set a target of producing 33 gigawatts of renewable energy by 2020 – a 3000% increase over current capacity.

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The Crown Estate, owner of the UK’s coastal seabeds, granted rights to energy companies to develop the biggest expansion of wind energy ever seen in the world.

The announcement has the potential to see an additional 32GW of clean electricity feeding into the UK grid, on top of 8GW from previous rounds. 32GW is enough offshore wind energy to supply nearly all the homes in the UK and will mean an extra 6,400 turbines. Investment in UK offshore wind overall could be worth £75bn and support up to 70,000 jobs by 2020.

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Offshore wind farms could meet up to 17 percent of Europe’s electricity needs in 2030, an industry group said.

“Offshore wind power is vital for Europe’s future,” the European Wind Energy Association said in a report published at an offshore wind industry conference in Stockholm.

Currently, 11 wind farms harness the stronger winds at sea, mostly in Britain and Scandinavia. Together, they account for only 0.2 percent of Europe’s electricity demand, but that figure could be boosted to 10 percent in 2020 and up to 17 percent in 2030, EWEA said.

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