The United States' Bureau of Ocean Energy Management (BOEM) on Tuesday issued a final environmental assessment (EA) on potential impacts from offshore wind leasing on the U.S. Outer Continental Shelf in the Gulf of Mexico, marking another step toward the potential first-ever offshore wind lease sale in the Gulf. The assessment, completed with the help... Continue Reading →
Denmark to take 20% ownership of new offshore wind farms
(Reuters) - The Danish state will take a 20% stake in four planned offshore wind farms with a total capacity of at least 6 gigawatts (GW), the country's ministry of climate, energy and utilities said on Tuesday. Under the terms in the upcoming tenders, developers will compete to offer the state the highest fixed annual... Continue Reading →
EDF Renewables signs MoU for 2 GW offshore wind complex in Rio Grande do Norte
(epbr) The government of Rio Grande do Norte (RN), EDF Renewables and Internacional Energias Renováveis (IER) signed a memorandum of understanding (MoU) for cooperation in offshore wind power generation projects and green hydrogen production in the state. EDF Renewables has ambitions to develop, build and operate a wind farm complex on the high seas, on... Continue Reading →
Portugal’s first offshore wind auction targets capacity above 1 GW
(Reuters) - Portugal's first auction of licenses to build offshore wind farms, set to be launched by the end of the year, is aimed for projects with a total installed capacity of more than 1 gigawatt (GW), Energy Secretary Ana Fontoura said on Tuesday. In January, the Socialist government announced a public hearing to propose five areas... Continue Reading →
An American Oil Hub Is Pivoting to Offshore Wind
(Bloomberg) — Every morning, more than 600 workers clock in at the Louisiana shipyard where the Eco Edison, the first US-built vessel to service offshore wind farms, is under construction. At quitting time, a parade of pickups and dusty sedans forms a traffic jam on the road back into town, past buildings that serve the... Continue Reading →
Repurposing oil & gas infrastructure to harness offshore wind power – Long read
(OET) As the green energy push gathers speed, propelling the shift to renewable energy sources forward, this raises concerns about oil and gas projects being in danger of turning into stranded assets while the world hurtles towards net-zero. However, the potential of converting the existing fossil fuels infrastructure for use in the offshore wind industry... Continue Reading →
TotalEnergies signs memorandum for offshore wind projects with the Government of Rio de Janeiro
TotalEnergies and the Government of Rio de Janeiro announced the signing of the Memorandum of Understanding (MoU) to collaborate with the development of offshore wind generation in the State. The agreement, which lasts for 2 years, includes the company's collaboration in studies related to fiscal and tax incentives and the expansion of the GRID system... Continue Reading →
Floating Offshore Wind: EDP Group Transfers Stake in Principle Power to Ocean Winds
EDP Group agreed with Ocean Winds (OW), the joint venture created by EDP Renewables and ENGIE dedicated to offshore wind, to transfer EDP’s position in floating wind design firm Principle Power to OW. Principle Power is specialized in the design of floating structures to support offshore wind turbines that can be used in deeper waters. ... Continue Reading →
Carbon capture seen as ‘key tool’ in fight against greenhouse gas emissions
(OET) With decarbonisation being seen as one of the biggest challenges facing the energy industry today, Offshore Energies UK (OEUK) has outlined that the recently offered carbon storage licences signify the country could bury 30 million tonnes of CO2 a year by 2030 and become a renowned mover and shaker in decarbonisation technology. After the... Continue Reading →
Eversource Energy to Sell 50% Stake in US Offshore Wind Site to Ørsted for $625M
(Reuters) Eversource Energy on Thursday agreed to sell its 50% stake in a wind development site off the south coast of Massachusetts to joint venture partner Ørsted for $625 million in cash. The agreement to sell the lease area of about 175,000 developable acres is expected to close in the third quarter of 2023 and... Continue Reading →