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Aug 8 (Reuters) - Hopes among foreign energy companies that Colombia's coast could serve as a key source of oil and gas for the future are being dashed as many exploration projects lag expectations, with unwelcomed regulation further deflating optimism. The disappointing finds and regulatory roadblocks are pushing some energy firms to abandon the Andean nation for... Continue Reading →
Aug 6 (Reuters) Germany's Economy Minister Katharina Reiche warned on Wednesday that flawed site selection and shifting market dynamics were undermining offshore wind tenders, as the country's latest offshore auctions received no bids. Two August tenders for offshore wind energy plants, with volumes of 2,000 MW and 500 MW, and planned commissioning dates in 2031 and 2030, drew no bids for the first... Continue Reading →
Aug 5 (Reuters) - Germany's economy ministry published plans on Tuesday to diversify the sourcing of crucial components used mainly in offshore wind turbines by 2035 to reduce dependency on China. The move is part of the government's broader "de-risking" strategy amid geopolitical tensions with China, and after the energy crisis sparked by Russia's war... Continue Reading →
(offshoreWIND.biz) Europe needs to invest an extra EUR 6.4 billion in port facilities and new vessels to reach its offshore wind energy goals, according to WindEurope. Currently, Europe can install and maintain about 10 GW of offshore wind annually, enough to meet its 2030 energy security targets, but after 2030, this capacity must rise to... Continue Reading →
(offshoreWIND.biz) According to a new market report from the Global Wind Energy Council (GWEC), there are now 83 GW of offshore wind capacity installed globally, with 48 GW more in the construction phase worldwide as of May this year. “Our report finds that there is now already 83 GW of offshore wind installed worldwide, keeping... Continue Reading →
(OE) MODEC has received an Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its floating wind turbine concept, the i-TLP2. With its tension leg platform (TLP)-oriented features, the i-TLP2 is said to minimize floater motions and seabed footprint. It incorporates significant improvements from the first-generation MODEC TLP, enabling rapid construction and... Continue Reading →
(offshoreWIND.biz) DNV and American Bureau of Shipping (ABS) have issued an Approval in Principle (AiP) for Wison New Energies’ w.TLP and w.semi floating offshore wind foundation technology. In June, the company’s W.TLP foundation, designed for 12 MW turbines, was granted AiP certification by ABS. Featuring a tension leg platform (TLP) configuration, the design addresses the... Continue Reading →
Inyanga Marine Energy Group have announced they are taking over the operational management of the newly built vessel Tor Boreas, an innovative hybrid utility vessel. Inyanga will operate the vessel in partnership with Tor Group. The vessel is targeted at the offshore wind sector and is suited for a wide range of activities in the... Continue Reading →
(offshore-energy.biz) A new project has been launched in the UK to improve the effectiveness of mooring lines and dynamic cables on floating offshore wind farms. Historically, mooring repair costs for oil production assets have exceeded GBP 400 million (approximately $542 million; €461 million) for a single incident, while cable failures have accounted for between 70%... Continue Reading →
July 24 (Reuters) - Britain will increase the guaranteed price offered for offshore wind projects in this year’s renewables auction by 11%, government documents showed, amid rising costs for projects due to inflation and supply chain bottlenecks. The Labour government is facing mounting pressure from opposition parties over the affordability of its net-zero plan and... Continue Reading →
Brazil Energy Insight 