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(EV) The cost of clean hydrogen will fall to that of liquefied natural gas in a decade as global efforts to replace fossil fuels accelerate, according to Europe’s biggest operator of gas infrastructure. “Green hydrogen today is not economically competitive against alternative energy sources, which will not be the case in 10 years’ time,” Thomas... Continue Reading →
(Reuters) Australia on Wednesday announced plans to build renewable energy zones, wind projects and underwater electricity interconnectors, as it looks to build its renewable power capabilities and bring more clean energy into its national grid. The announcements come ahead of the annual budget announcement next week by Prime Minister Anthony Albanese's centre-left Labor government, which... Continue Reading →
Wind turbine maker Siemens Gamesa said Wednesday it had signed two agreements with the Hai Long Offshore Wind project owners at an energy industry event in Taiwan. The Hai Long consortium is a partnership between Canadian independent power producer Northland Power Inc. and Taiwan-based developer Yushan Energy Co., Ltd., jointly owned by Mitsui & Co.,... Continue Reading →
(OE) Once again, the events of the last month have shown that the drive to grow the U.S. offshore wind segment has lost little steam. The foundations are firmly in place to support the deployment of 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050. Floating wind farm technology demonstration projects... Continue Reading →
(TN) Global energy company Equinor is committed to a sustainable, low-carbon future and believes that the effective use of data is essential to achieving its goals. To break down corporate data silos and provide employees with all the information they need to make effective decisions, the company chose to implement Microsoft Energy Data Services in... Continue Reading →
(Reuters) - President Joe Biden's administration on Tuesday said it would hold the first ever sale of offshore wind development rights off the coast of California on Dec. 6, a big step forward in expanding the nascent U.S. industry to Pacific waters. The announcement is the latest in a government push to put wind turbines... Continue Reading →
(OED) Latin America's offshore wind capacity could reach 34 GW by 2050, driven by off-grid green hydrogen projects, according to energy intelligence group Wood Mackenzie, a Verisk subsidiary. Currently, there are no commercial offshore wind farms in operation in the region. According to Wood Mackenzie, offshore wind activity will correspond to a 15.4% compound annual... Continue Reading →
Norwegian offshore wind company Vårgrønn, a joint venture between the Italian energy company Plenitude and the Norwegian energy investor HitecVision, has acquired Plenitude’s stake in Dogger Bank A, B and C in the UK, which will be the world's largest offshore wind project, once operational. Plentitude is a renewable energy subsidiary of the Italian oil... Continue Reading →
Norwegian energy giant Equinor said Monday that Molly Morris would take over as the new President of Equinor Wind US, effective January 1, 2023, succeeding Siri Espedal Kindem, "who will take on a new exciting opportunity within Equinor." Morris joined Equinor in 2008 and has since taken on a variety of important roles in the... Continue Reading →
BayWa r.e. said Monday it had submitted a permit application for what it said would be the world’s first subsidy-free commercial floating offshore wind project off the Portuguese Coast. "BayWa r.e. is now entering the decisive phase of the official authorisation process for the first commercial scale floating offshore project in Portugal, which will be... Continue Reading →
Brazil Energy Insight 