The U.S. wind energy market is set for explosive growth, with the Biden Administration aiming to rival European and Asian markets for the renewable energy source. The Biden Administration is Continue Reading
A 9 billion-euro ($9 billion) offshore wind power hub planned in the Baltic Sea will mark a significant step in the process of weaning Europe off its reliance on Russian Continue Reading
European oil majors are scrambling to ramp up investment in renewable energy. Big Oil is increasingly eyeing opportunities in the booming offshore wind market. Oil companies can use their offshore Continue Reading
The strong gusts blowing off the coasts of Puerto Rico, Guam and other US territories offer big green energy potential — but for decades, a quirk in federal law meant Continue Reading
New York Governor Kathy Hochul July 27 announced the release of the state’s third competitive offshore wind solicitation, seeking an incremental 2 GW of offshore wind power capacity to help Continue Reading
The Department of the Interior has announced steps to bring the opportunity of offshore wind energy to the Gulf of Mexico. In response to President Biden’s call to advance offshore Continue Reading
A major heatwave has hit Texas and put the Lone Star State’s energy grid under severe stress. At the same time, low wind speeds mean that wind turbines in Texas Continue Reading
Turbines are generating less than a 10th of what they’re capable of. Wind power — a key source of electricity in Texas — is being sidelined just when the Lone Continue Reading
Highlights Triple-digit high temperatures forecast Day-ahead trading up sharply Power burn likely above five-year average The Electric Reliability Council of Texas on July 7 forecast record peakloads July 8-12, as Continue Reading
European spot power prices dropped on Wednesday as wind supply in Germany is expected to nearly double, offsetting lower solar production throughout the region and lower French nuclear. “There is Continue Reading
The global offshore wind industry had a record year in 2021 in terms of new capacity but is still projected to fall short of the International Energy Agency’s net zero Continue Reading
The energy crisis in Germany risks becoming more severe in the coming days as wind power generation will dip amid low wind speeds this week, according to a Bloomberg weather Continue Reading
Germany’s cabinet on Wednesday approved plans to require its 16 states to allocate a minimum amount of land to onshore wind farms, according to a ministry statement, as Berlin strives Continue Reading
U.S. renewable energy developers have delayed or scrapped several big battery projects meant to store electrical power on the grid in recent months, scuttling plans to replace fossil fuels with Continue Reading
The Biden Administration is considering a giant offshore wind project in the Gulf of Mexico, an area with plenty of potential and a long history of energy production. The Gulf Continue Reading
Northern European countries are discussing plans to create a common power grid under the North Sea to connect future offshore wind farms as they seek to strengthen energy security, but Continue Reading
The Biden administration has released the lease terms for offshore wind projects that would place hundreds of turbines in California’s coastal waters — the first such project off the nation’s Continue Reading
Members of the media took a tour April 11 to Dominion Energy’s offshore wind farm pilot project off Virginia Beach. Dominion Energy built wind turbines off the coast of Virginia Continue Reading
Germany, Belgium, the Netherlands and Denmark will on Wednesday announce a joint pledge to build at least 150 gigawatts (GW) of offshore wind in the North Sea by 2050, Danish Continue Reading
In 2022, for the first time ever, Europe is set to install more than four gigawatts of offshore wind capacity in a single year. The previous record, set in 2019, Continue Reading
China is set to install a record amount of wind and solar power capacity this year as the country strives to meet climate goals while reducing its reliance on the Continue Reading
Wind turbines in the U.S. produced more electricity than coal or nuclear plants on March 29 for the first time on record, the U.S. Energy Information Administration said Thursday. That Continue Reading
Wind turbines at the San Gorgonio Pass wind farm in Whitewater, California. California, which aims to have a carbon-free power grid within 25 years, got a short glimpse of that Continue Reading
Dutch project would make 75,000 tons of clean ammonia a year The clean gas seen as key to cut emissions from industries The Orsted A/S Borssele offshore wind farm near Continue Reading
By a number of metrics, 2021 was the best year for renewable energy on record. The energy industry added as much as 37GW of new solar and wind capacity last Continue Reading
Prime Minister Boris Johnson ramped up plans to build new nuclear power stations and offshore wind farms as he seeks to shore up the U.K.’s energy supplies in the wake Continue Reading
Despite the global push to reduce dependence on fossil fuels, coal remains a key part of America’s energy mix. A new study suggests that Texas could replace nearly 100% of Continue Reading
South Hub real-time prices dropped to minus $1.14/MWh Wind accounts for 30% of installed renewable capacity California ranks sixth for US utility-scale wind capacity The California Independent System Operator set Continue Reading
Empire Offshore Wind has awarded a contract to Maersk Supply Service for the charter of its newbuild wind installation vessel. Empire Offshore Wind, a joint venture between Equinor and BP, Continue Reading
Solar and wind power can grow enough to limit global warming to 1.5C if the 10-year average compound growth rate of 20% can be maintained to 2030, independent climate think Continue Reading
Russia’s invasion of Ukraine is further driving up the price of renewable-energy projects, which were already facing supply-chain strains and raw-materials increases before the war. The new pressures, which are Continue Reading
Equinor and BP will turn the storied South Brooklyn Marine Terminal in Brooklyn, New York, into a major regional hub for offshore wind. Equinor and BP will turn the storied Continue Reading
Australia’s Victoria state on Friday set targets of at least 2 gigawatts (GW) of offshore wind power by 2032, and 9 GW by 2040, setting up ambitious goals to help Continue Reading
The Biden administration’s sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from developers that included Continue Reading
The US’s biggest offshore wind lease sale has attracted record bids of more than $3bn as renewable energy developers compete to secure a prime location to install turbines. The US Continue Reading
When the U.S. last auctioned big plots of ocean to companies that wanted to build offshore wind farms a few years ago, it raked in a then-record-setting haul of $405 million. That’s Continue Reading
Wind power output in the European Union climbed 26% this year. Wind power is making a comeback in Europe as three named stormed battered the region in the past week, Continue Reading
A wind farm has for the first time secured a deal to help balance voltage in the U.K.’s electricity grid. North Sea wind farm Dogger Bank C’s onshore converter station Continue Reading
Renewable energy company Orsted (ORSTED.CO) on Wednesday missed fourth-quarter operating profit expectations but said it expected a boost in earnings as wind speeds should return to normal this year after Continue Reading
Wind power is finally gaining traction in America’s energy mix. The Biden Administration is planning to hold the largest-ever offshore wind leases in U.S. history. As the race to cut Continue Reading
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here . U.K. wind farms produced a record amount of energy on Saturday, helping Continue Reading
Shell, ScottishPower secured joint offers for rights to develop large-scale floating wind farms as part of ScotWind leasing. Shell and ScottishPower have secured joint offers for seabed rights to develop Continue Reading
The investments will focus on building the supply chain for offshore turbines. New York state will spend $500 million building up ports and manufacturing infrastructure for offshore wind farms in Continue Reading
In the early 20 th century, the U.S. Census Bureau declared Humboldt County, California—now famous for its redwoods—the “principal center” of the state’s lumber industry. In 1900, the product accounted Continue Reading
Four offshore wind power projects in two East Coast states won the backing of government officials Friday, as the region increasingly eyes offshore turbines as a source of clean energy. Continue Reading
Chinese wind turbine maker Ming Yang Smart Energy Group Ltd. agreed to help build factories in the U.K., which plans to add 40 GW of offshore wind power by 2030. Continue Reading
High natural gas prices mean green hydrogen produced with renewable energy can already be cheaper than its carbon-emitting alternative, European Commission President Ursula von der Leyen said on Monday. “Because Continue Reading
President Biden’s administration greenlit a major offshore wind project to supply power to New York, arriving as part of a broader push to build out renewable energy and tackle climate Continue Reading
The head of Siemens Gamesa (SGREN.MC) warned on Wednesday that a decade-long race to bring down the cost of generating wind power could not continue, as it would reduce the Continue Reading
Power prices in the U.K. soared to the second highest level on record on Monday as low wind levels exposed the market to a supply crunch. Prices for between 5 Continue Reading
