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
Highlights 34 GW average vs 51 GW Oct. average: WindEurope Wind forecast to surge from Nov. 17: EuroWind Spot prices jump above Eur200/MWh for Nov.15 EU wind power generation fell Continue Reading
Despite the capital cost of Dominion Energy Virginia’s 2,640-MW offshore wind farm rising to $10 billion from $8 billion and the Levelized Cost of energy growing to $87/MWh from $80/MWh, Continue Reading
A top U.S. official on Thursday challenged nations to join the United States in setting aggressive goals to expand electricity production from offshore wind. Interior Secretary Deb Haaland issued the Continue Reading
The Gulf of Mexico has for decades been a sea of hulking oil platforms. The Biden administration now wants to plant wind turbines there. This week the US interior department Continue Reading
Britain will launch a 160 million pound ($220 million) fund to help developers of floating offshore wind technology as part of efforts to ramp up renewable power and meet climate Continue Reading
As governments and companies globally rush to install as much renewable energy capacity as possible to cut carbon emissions, areas often not suitable for solar arrays or wind farms are Continue Reading
The wind energy sector is exploding this year, with European and Chinese companies leading the way in a race to build the world’s largest wind turbine While Denmark and the Continue Reading
The center will utilize the offshore expertise that TotalEnergies has built in Aberdeen, Scotland, over the last 50 years. TotalEnergies SE opened an offshore wind hub within its existing center Continue Reading
The U.S. plans to hold up to seven offshore wind auctions in the next four years, including in areas that have yet to be developed such as off the coast Continue Reading
The Biden administration announced on Wednesday a plan to develop large-scale wind farms along nearly the entire coastline of the United States, the first long-term strategy from the government to Continue Reading
Highlights 2-GW wind farm proposal to power Flotta Hydrogen Hub Consortium eyes first production from 2028-29 Wind licensing round decision expected Jan 2022 A consortium bidding in the Crown Estate Continue Reading
SSE Plc formed a joint venture in Japan to gain a foothold in one of the most promising markets for offshore wind. The Scottish utility, one of the companies behind Continue Reading
The world’s largest oil companies are under growing pressure from shareholders and society to reduce emissions and show efforts to fight the worst effects of climate change. Everyone in the Continue Reading
Vineyard Wind, which is on track to be the first major U.S. offshore wind farm, closed on a $2.3 billion loan and will begin construction in Massachusetts as soon as Continue Reading
Proposals in the U.S. Congress to tie green tax credits with local content materials risk holding back the American offshore wind sector even before it has started to flourish, a Continue Reading
Natural gas and electricity markets were already surging in Europe when a fresh catalyst emerged: The wind in the stormy North Sea stopped blowing. The sudden slowdown in wind-driven electricity Continue Reading
The British government announced on Monday the biggest auction round of its renewable energy scheme, hoping to build up enough extra offshore wind capacity to power about 8 million homes. Continue Reading
Siemens Gamesa says it has developed the first offshore wind turbine blades that can be fully recycled, potentially saving hundreds of thousands of bulky objects from landfills and resolving an Continue Reading
Australia’s conservative government introduced legislation on Thursday that could help clear the way for offshore wind farms to go ahead in a country considered to have massive offshore renewable energy Continue Reading
The U.S. installed a record amount of wind-generating capacity last year, adding nearly 17,000 megawatts of power on land, according to an Energy Department report being released Monday. Wind energy’s Continue Reading
Wind and solar power generation across EU markets peaked at 123 GW Aug. 17 amid a spell in the wind that helped ease record spot power prices, grid operator data Continue Reading
Orsted (ORSTED.CO) and RWE (RWEG.DE) , the world’s two largest offshore wind players, both suffered from lighter winds in the first half of the year, highlighting how profits in the Continue Reading
Earlier this year, the Biden administration said it planned to build offshore wind power generation capacity to the tune of 30 GW by 2030, creating more than 44,000 direct jobs Continue Reading
Highlights 800-MW Kitty Hawk environmental review started BOEM assessing industry interest in California Country must build infrastructure faster: Jindal US offshore wind power development is accelerating, with Avangrid Renewables’ 800-MW Continue Reading
Three floating wind projects in the Celtic Sea have been selected by the Crown Estate to progress to the next state of environmental assessment, the UK public body said July Continue Reading
Equinor (EQNR.OL) said on Monday it submitted a bid for offshore floating wind power project in Scotland’s leasing round as the Norwegian energy firm continues to develop its North Sea Continue Reading
Renewable firms, oil majors, and investors said they would bid into Scotland’s offshore wind leasing round which closed on Friday, signaling the huge demand globally for the rights to build Continue Reading
Multiple bids submitted to ScotWind Leasing Crown Estate to award capacity early 2022 Carbon Trust details ‘significant challenges’ ScottishPower and Shell have jointly bid to develop the world’s first large-scale Continue Reading
Vestas Wind Systems A/S booked a pre-order for what will be the world’s largest wind turbine. German utility EnBW Energie Baden-Wurttemberg AG is set to be the first customer to Continue Reading
It’s getting faster and cheaper to embed a wind tower the size of the Washington Monument into the sea floor. South Korea is cutting the time it takes to construct Continue Reading
Denmark’s wind farm developer Orsted (ORSTED.CO) on Wednesday said it had submitted a bid to develop the Skipjack Wind 2 offshore wind farm in the state of Maryland in the Continue Reading
Growth in large-scale U.S. solar capacity is projected to exceed that of wind next year for the first time. That’s according to a report Wednesday from the U.S. Energy Information Continue Reading
The United States must speed up project permits if it is to meet the Biden administration’s 2030 target for offshore wind power, major developer Orsted (ORSTED.CO) said on Thursday. The Continue Reading
With a climate and topography ill-suited for large-scale wind power generation on land, the country looks out to sea for its clean energy ambitions The offshore substation collects and sends Continue Reading
The biggest developer of offshore wind farms in the world, Denmark-based Ørsted, is concerned that the race of the biggest oil companies to enter offshore wind could lead to spikes Continue Reading
British oil major BP (BP.L) will join Norway’s Statkraft (STATKF.UL) and Aker Offshore Wind (AOW-ME.OL) to bid for permits to build offshore wind power projects off Norway, the companies said Continue Reading
The Biden administration on Tuesday said it will explore the potential of offshore wind energy development in the Gulf of Mexico, part of its goal to supercharge growth in clean Continue Reading
For years, Danish Oil and Natural Gas Co. did what many other big oil companies do: pumped hydrocarbons out of the North Sea. Today, it’s the world’s largest developer of Continue Reading
A constellation of 5,400 offshore wind turbines meet a growing portion of Europe’s energy needs . The United States has exactly seven . With more than 90,000 miles of coastline, Continue Reading
Japan has notoriously been dependent on energy imports, being the world’s fifth-largest crude importer and second-largest LNG importer (having lost the top position to China last year). Its self-sufficiency ratio Continue Reading
Danish renewables company Ørsted, the biggest developer of offshore wind farms in the world, plans to invest the equivalent of over US$57 billion by 2027 as part of a new Continue Reading
A Dominion Energy Inc. ship being built to install offshore wind farms will be the first to comply with a U.S. domestic transport mandate, with the power company expecting the Continue Reading
Until now, the plan to power American cities by erecting thousands of giant wind turbines in the oceans off the United States has mostly been an East Coast vision. Developers Continue Reading
BP Plc has started a recruitment campaign for the people who will drive its expanding clean energy ambitions. The London-based oil and gas company is looking to fill 100 offshore-wind Continue Reading
Renewables—and especially offshore wind—are set to drive a surge in copper demand that will push prices even higher, as the amount of copper required per wind turbine is staggering, at Continue Reading
Renewable power capacity grew at its fastest pace this century in 2020, the International Energy Agency said Tuesday, raising its growth forecast for wind and solar power for this year Continue Reading
A difficult quarter for the world’s biggest wind companies has taken the shine off several renewables darlings amid an accelerating selloff in clean energy shares. Many have suffered stock declines over Continue Reading
