Brought to you by Quest Offshore & Southern Cone Consultants
The Crown Estate has revealed details of a new leasing round, known as Round 5, for three commercial-scale floating wind projects in the Celtic Sea. Located off the coast of South Wales and South West England, the sites will have a combined capacity of up to 4.5 GW, enough to supply four million homes with... Continue Reading →
(Reuters) Colombia on Tuesday officially launched its first bidding round for offshore wind energy concessions, part of efforts by its first leftist government to wean it off oil and gas production. Energy minister Andres Camacho announced the conditions from Dubai, where he is attending the COP28 climate conference. Reuters reported exclusively over the weekend that... Continue Reading →
(Reuters) - Governments have decided to pay up to revive offshore wind farm developments after rising costs put at risk multiple projects that are needed to help them cut emissions and reach climate targets. Many countries are relying on a huge and rapid build-out of offshore wind farms which have high upfront costs but over... Continue Reading →
(Reuters) International energy companies, from Germany's RWE to Spain's Iberdrola, are urging Japan to beef up offshore wind power auctions and make investments more attractive, amid soaring installation costs as competition for suppliers grows worldwide. Although desperate to ease its heavy dependence on energy imports from the Middle East and Russia, Japan is coming late to offshore wind,... Continue Reading →
The Finnish Government has adopted a resolution to launch the tendering procedure for five offshore wind projects in public water areas. With the government resolution, Metsähallitus will immediately launch the process to select the implementing partners for two offshore wind power projects. The competitive tendering procedures to be launched this year will concern the offshore... Continue Reading →
(Reuters) Recent decisions in the United States and Britain to accept higher prices for offshore wind developments are a welcome sign that authorities are adjusting to higher costs in the industry, Equinor's head or renewables said on Tuesday. "I believe that politics and markets will adjust, and that is also necessary in order to keep... Continue Reading →
(OW) Fifty entities, including individual companies and consortia, from more than ten countries have submitted their expressions of interest to develop offshore wind projects in Portugal as the country prepares for its first auction. The number of interested parties reflects the high interest and attractiveness that the Portuguese offshore wind market presents on the international... Continue Reading →
(Reuters) - Britain will increase the guaranteed price offered for offshore wind projects in its next renewables auction by 66%, the government said on Thursday, as it seeks to spur more projects after its last auction failed to attract any offshore wind investment. Britain, which is already the world’s second largest offshore wind market after... Continue Reading →
(Reuters) Seven groups of energy companies have sought pre-qualification for Norway's first commercial offshore wind farm tender, the government said on Wednesday, while several others dropped out of the race as soaring costs dampened interest. The tender offers the opportunity to build bottom-fixed wind turbines in the North Sea with a capacity of 1.5 gigawatts,... Continue Reading →
(OW) The Ventyr Energy consortium has submitted the application to prequalify for the development of the Sørlige Nordsjø II (Southern North Sea II) area in the Norwegian North Sea. In addition, Ventyr unveiled that Ingka Investments is to join the consortium. The Ventyr Energy consortium was first established as a partnership between Belgian offshore wind... Continue Reading →
