Norwegian company StatoilHydro is working on a 2.3 megawatt floating wind turbine that will be attached to the top of 'Spar-buoy' and moored to the seabed by three anchor points. It is hoped that the 80 meter diameter, 65 meter high Siemens turbine will have lower deep-water installation costs when compared to traditional wind installations. The company plans to have the first prototype ready by fall of 2009, when they will begin feasibility tests to assess how it stands up to high winds. A 3 meter high scale model has already been tested in a wave tank simulator.
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