Shell is already considering the possibility of developing offshore wind farm projects in Brazil, said the company's president in the country, André Araújo, during a webinar held by the British Chamber of Commerce and Industry in Brazil (Britcham) on September 1st. The executive explained that the company may apply technologies that are being studied abroad... Continue Reading →
Norwegian Offshore Drilling Firm Enters Floating Wind Game
Norwegian offshore oil and gas drilling contractor Odfjell Drilling is stepping out of the comfort zone and into the offshore renewables space. The company, which provides drilling rigs for oil and gas companies, on Thursday announced its investment in Oceanwind AS, a company working on developing harsh environment floating offshore wind turbines. Continue reading
Floating Wind Farms: How to Make Them the Future of Green Electricity
Since 2010, wind energy has seen sustained growth worldwide, with the amount of energy generated by offshore wind increasing by nearly 30% each year. Countries around the world need to ramp up renewable energy supply quickly to meet growing demand and rapidly reduce emissions. Despite this urgency, offshore wind currently provides less than 1% of the... Continue Reading →
U.S. offshore energy industry releases economic impact study of offshore wind auctions
The United States has an opportunity to accelerate offshore wind energy growth, and benefit from 28 new gigawatts of clean energy and $1.7 billion in U.S. Treasury revenue by 2022, a new study released today from research group Wood Mackenzie finds. Findings from this study confirm additional lease areas are needed to meet demand, reduce... Continue Reading →
State of Ceará wins another project for offshore wind
July 30, 2020 Ceará emerges as the main center of investment attraction for offshore wind in the country, after BI Energia started licensing process for a new park in Camocim, with 1.2 GW of power, distributed in 100 12 MW wind turbines. With the new project, four of the seven offshore wind farms currently being... Continue Reading →
Oil & Gas Majors in Floating Wind
"If we try the approach we use in Bottom Fixed and think we can apply that to Floating Wind, we’re really missing the trick". A Reuters / Quest FWE organized virtual event last week drew over 1,800 registered participants. The number shows the future is Floating, but also a wide realization that the future is... Continue Reading →
Carbon Trust sees 70 GW of floating wind installed capacity by 2040
The Carbon Trust sees 70 GW of floating wind installed capacity by 2040, according to a new summary report on the findings from the second phase of the Floating Wind Joint Industry Project (JIP). The report outlines technology challenges that need to be addressed so the commercialisation of floating wind could be sped up, as... Continue Reading →
Oil and Gas Majors in Floating Wind.
Quest FWE will moderate a podcast with Oil & Gas Majors July 2nd on the opportunities ahead in Floating Wind. Paul Hillegeist of Quest FWE will set the stage with a Market Overview and moderate a panel discussion with Aker Solutions, Equinor and Shell to gain their key insights on the burgeoning opportunities and challenges... Continue Reading →