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(OE) Norway-based offshore wind developer Deep Wind Offshore has entered a partnership with the hydrogen company Hy2gen to produce green hydrogen from offshore wind. "The combination of offshore wind and hydrogen has massive potential. It is not possible to achieve net zero without green energy carriers, who will need a massive amount of renewable energy,"... Continue Reading →
(OE) Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have signed exclusivity agreements for two floating offshore wind developments with up to a total of 1.9 gigawatt (GW) capacity under Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round. "When completed, the wind farms will provide renewable electricity... Continue Reading →
(Reuters) - Brazil generated nearly 93% of its electricity from clean sources during the first nine months of 2023, up more than 2 percentage points from the same period in 2022 and the largest clean-power share among major economies. France has historically boasted the cleanest power sector among top economies, but has lost ground to... Continue Reading →
(OW) California’s Governor Gavin Newsom signed two new offshore wind bills into law on 7 October. Coming into effect on 1 January 2024, the Offshore Wind Expediting Act (bill SB 286) is set to shave five years off of the offshore wind permitting timeline, while under the California Offshore Wind Advancement Act (bill AB 3),... Continue Reading →
The world’s largest offshore wind farm under construction, Dogger Bank, has started producing electricity for the first time for British homes and businesses. The 3.6 GW Dogger Bank Wind Farm is being constructed in UK waters some 130 kilometres off the coast of Yorkshire and in three 1.2 GW phases known as Dogger Bank A,... Continue Reading →
(OE) Despite the negative headlines around the longer-term prospects for the U.S. offshore wind segment, business intelligence company Intelatus Global Partners sees continued efforts by the federal government and, in particular, the East Coast states to find solutions to the challenges faced by the industry as whole, which can be grouped under three headings: high... Continue Reading →
(Reuters) - Italy's Prysmian (PRY.MI) aims at to increase core profit by around a third by 2027 as the world's largest cable maker takes advantage of opportunities from the global push towards cleaner energy and the digital transformation. Prysmian was at the crossroads of long term market trends of increased renewable generation, growing electricity demand, expanding power... Continue Reading →
(OEE) Dutch King Willem-Alexander has officially inaugurated the offshore wind farm Hollandse Kust Zuid in the Dutch sector of the North Sea. To mark the occasion the king celebrated the completion of Vattenfall’s largest offshore wind farm to date together with executives of Vattenfall, BASF and Allianz on the beach of IJmuiden in front of... Continue Reading →
(OW) Massachusetts’s electric distribution companies Eversource Energy, National Grid and Unitil have agreed to terminate their power purchase agreements (PPAs) for the Commonwealth Wind offshore wind farm at the request of the project developer, Iberdrola-owned Avangrid, which will pay USD 48 million in penalties for the termination that is yet to be approved by the... Continue Reading →
An inter-ministerial working group on offshore wind set up by the Portuguese government as part of the process of organising the country’s first offshore wind tender has narrowed down the initially identified areas to three that would be offered for development later this year. As reported at the beginning of this year, the working group... Continue Reading →
Brazil Energy Insight 