The Ministry of Mines and Energy (MME) will begin to evaluate the regulation of parameters for the selection of areas destined for offshore wind generation projects, according to the ministry's Secretary of Energy Transition and Planning, Thiago Barral. The executive also said that the ministry will discuss criteria so that the auctions for areas considers... Continue Reading →
Petrobras to install two offshore wind turbines with R&D funds by 2029
(epbr) “We want to install two wind turbines to gain experience, analyze, prepare,” Tolmasquim told journalists during an event this Tuesday. The company has already started conversations with the Union Heritage Secretariat (SPU) for access to the areas. In the case of the Southeast, the location selected for the R&D project is close to Porto... Continue Reading →
Offshore Wind Market Improving After Price Reset, Says EDP
(Reuters) The global market for offshore wind projects is improving with governments and companies now offering high enough prices to make projects economically viable, the CEO of Portugal's largest utility Energias de Portugal (EDP) said on Tuesday. Many countries are relying on a huge and rapid build-out of offshore wind farms to meet climate targets... Continue Reading →
BOEM Announces Review of Proposed Vineyard Northeast Project
(OE) The US Bureau of Ocean Energy Management (BOEM) will initiate an environmental review of Vineyard Northeast’s proposed offshore wind energy project, located 29 miles offshore Nantucket, Massachusetts at its closest point. BOEM estimates the proposed project would generate up to 2,600MW of electricity, enough to power more than 900,000 homes with clean renewable... Continue Reading →
US Revises Tax Credit Rule to Help Offshore Wind Projects
(Reuters) The Biden administration on Friday released new rules that will make it easier for offshore wind developers to claim a subsidy for facilities planned in areas that have historically relied on fossil fuel industries for employment. The revision follows nearly a year of warnings by offshore wind companies that their projects might not move... Continue Reading →
US Offshore Wind Development Could Ensure East Coast Grid Reliability
(Reuters) Offshore wind energy development presents an opportunity to add transmission capacity to the U.S. East Coast's power system that could ensure reliability for electric grid, according a study released by the U.S. Department of Energy (DOE) on Thursday. "This would allow offshore wind transmission to provide energy to areas of high demand and reduce... Continue Reading →
WindEurope: Offshore Wind FIDs Reached EUR 30 Billion in 2023; Wind Energy Sector to Employ More than Half-Million People in 2030
( offshoreWind.biz)Last year was a record year for offshore wind projects reaching a final investment decision (FID) with nearly 9 GW of capacity hitting this milestone in 2023, according to WindEurope’s annual report, issued on 28 February. Ahead of its annual event, opening today in Bilbao, the European wind energy industry organisation also released a new... Continue Reading →
RCGI Research Center study technologies to interconnect Offshore Wind farms in Brazil to the Electric Grid
(PN) One of the challenges for implementing offshore wind farms in Brazil is defining the technology for transporting energy generated at sea to the continent. With this in mind, the Center for Research and Innovation in Greenhouse Gases (RCGI) began carrying out studies to understand the best technology for transmitting energy and, at the same... Continue Reading →
Shell Sells Stake in SouthCoast Wind Energy
(Reuters) Energy firm Shell said on Wednesday it had sold its 50% stake in SouthCoast Wind Energy, established to develop wind projects off the coast of Massachusetts, to its joint venture partner Ocean Winds North America for an undisclosed sum. Offshore wind developments faced a slowdown in 2023 as rising inflation, higher borrowing costs and... Continue Reading →
Euroports and BlueFloat Forge Strategic Offshore Wind Alliance
(OE) One of the largest port-infrastructure companies Euroports and Spanish offshore wind developer BlueFloat Energy have signed a memorandum of understanding (MoU) to foster cooperation in supply chain and ports infrastructure for the delivery of offshore wind in Europe. The strategic alliance marks a significant step forward in building capabilities and infrastructure critical to establish... Continue Reading →