Bureau Veritas has granted Approval in Principle (AiP) to Sweden-based Windeed for its low-weight and low-acceleration floater solution for offshore wind turbines. The AiP is a significant milestone in the development of Windeed’s technology, which could offer competitive prices and lower levelised cost of energy (LCOE) compared to other solutions on the market due to... Continue Reading →
Maryland Aims to Quadruple Offshore Wind Capacity by 2035
The state administration of Maryland, US, has set a goal of achieving 8.5 GW of installed offshore wind capacity by 2035, by which time the state aims to have 100 per cent of clean energy in its energy mix. To support this target, the administration is working to establish new lease areas and strengthen the... Continue Reading →
EDF Bets on Bigger Turbines to Power Gains at Sea
(Bloomberg) Electricite de France SA is betting that wind turbines at sea — already the size of skyscrapers — will be about 50% more powerful at the start of the next decade when it completes the country’s largest offshore farm. The French utility expects even larger machines to contribute to higher output when it builds... Continue Reading →
Exxon says its decarbonization business could outgrow oil, in multi-trillion market
(Reuters) - Exxon Mobil Corp's (XOM.N) Low Carbon business has the potential to generate hundreds of billions of dollars in revenue and outperform the company's traditional oil and gas as soon as a decade from now, CEO Darren Woods said. The largest U.S. oil producer on Tuesday laid out to investors the aims of its emerging energy transition strategy... Continue Reading →
EIC: UK turns to renewables and low-carbon power to bolster energy security
(OEM) In the aftermath of geopolitical challenges, energy and climate crises along with economic side effects from the turbulent events that marked 2022, the UK is pivoting towards renewable and low-carbon energy in a push to strengthen energy security, outlines the new report from the Energy Industries Council (EIC), an energy industry trade association and... Continue Reading →
Vestas’ 15MW Offshore Wind Turbine Prototype Reaches Full Power Rating
(OE) Danish offshore wind turbine maker Vestas said Monday that its most powerful wind turbine, the V236-15.0 MW prototype, stretching 280 meters into the air, had reached 15 MW nominal power rating. "The prototype was installed in December 2022 and produced its first kWh of power shortly after. Since then, the turbine has been through a... Continue Reading →
RWE, Entergy Team Up to Explore Gulf of Mexico Offshore Wind Potential
RWE and US utility Entergy have signed a Memorandum of Understanding (MoU) to jointly evaluate developing offshore wind in the Gulf of Mexico. Under the MoU, RWE and Entergy agree to assess four key areas to define an optimal route-to-market including the market demand for carbon-free energy for customers of Entergy Louisiana, Entergy New Orleans,... Continue Reading →
Heerema Installs 24 Turbines at Arcadis Ost 1 Offshore Wind Farm Using Unique Method
(OE) Heerema Marine Contractors has completed the installation of 24 turbines for Parkwind’s Arcadis Ost 1 offshore wind farm and most turbines are already producing electricity. Three remaining turbines will be installed later this year. The 257 MW offshore wind farm is located in the German section of the Baltic Sea, northeast of the island... Continue Reading →
Petrobras on Strategic Planning
Petróleo Brasileiro S.A. – Petrobras informs that its CEO, Jean Paul Prates, submitted to the Executive Board, which in turn, discussed and validated the following proposals, to be considered in the Strategic Planning, in compliance with current governance practices, the commitment to create value and the company's long-term financial sustainability: 1) Total attention to people,... Continue Reading →
NKT Wins €500M Contract to Deliver Cables for Ørsted’s Offshore Wind Project in UK
Offshore cable maker NKT won a contract to deliver the high-voltage DC on- and offshore export cable system for Ørsted's Hornsea 3 offshore wind project in the UK. NKT said that the final order has an estimated contract value of approximately 500 million euros in market prices ( around 400 million euros in std. metal... Continue Reading →