(Reuters) Europe's largest utility Iberdrola will keep betting on offshore wind in the coming years, roughly tripling the value of its assets in the sector to 17 billion euros ($18 billion), Executive Chairman Ignacio Sanchez Galan told shareholders on Friday. In the past couple of years, the Spanish firm has shifted its focus to upgrading... Continue Reading →
New Studies Highlight Offshore Wind Energy Potential in the Gulf of Mexico
(OE) The Bureau of Ocean Energy Management (BOEM) has released two new studies on offshore wind energy in the Gulf of Mexico. The first study, “Gulf of Mexico Offshore Wind Energy Hurricane Risk Assessment” analyzed hurricane risk to wind turbines operating in the Gulf of Mexico. This study concluded that as a minimum, an IEC ”Typhoon Class”... Continue Reading →
Hy2gen USA and Ocean Connect to Explore Hydrogen Production from Offshore Wind
(OE) Hy2gen USA, the U.S. subsidiary of German-based green hydrogen producer Hy2gen, and Ocean Connect Energy (OCE) have signed a memorandum of understanding (MoU) to jointly investigate the potential to power renewable hydrogen production from offshore wind. The MoU formalizes a collaboration between the two companies to identify, evaluate, and develop favorable locations to power... Continue Reading →
Equinor’s Empire Wind 1 offshore project gets New York construction approval
(Reuters) - Norwegian energy company Equinor has received approval from the New York State Public Service Commission to start building its Empire Wind 1 offshore wind farm, Governor Kathy Hochul said on Thursday. Electricity generated from offshore wind farms is important to U.S. and state goals of cutting greenhouse gas emissions. But the industry has been... Continue Reading →
Colombia oil output closing in on 800,000 bpd, regulator head says
(Reuters) - Colombia's average daily oil output is closing in on 800,000 barrels per day (bpd) even as the Andean country increasingly looks to boost renewable energies, the president of the National Hydrocarbons Association (ANH) regulator said. The government of leftist President Gustavo Petro has said it wants to wean Colombia off of its dependence... Continue Reading →
Maryland Sets Course for Offshore Wind Energy Expansion
(Reuters) Maryland Governor Wes Moore signed a bill aimed at reevaluating and potentially revising existing offshore wind project plans, setting the stage for the state's goal of achieving 8,500 megawatts of offshore wind energy capacity by 2031. The bill signed on May 9 will empower the Maryland Public Service Commission (PSC) to open proceedings to... Continue Reading →
First-Ever SOV Built in US Christened in Louisiana
(offshoreWIND.biz) Ørsted and the US shipbuilder Edison Chouest Offshore (ECO) officially christened the first-ever US-built service operations vessel (SOV), ECO Edison, at the Port of New Orleans on 11 May. The construction of the vessel started in March 2022 at ECO’s shipyard in Louisiana, where ECO marked a 50-per cent completion milestone in April last year. The SOV... Continue Reading →
US faces ‘learning curve’ with offshore wind, says Atlantic Shores exec
(OffshoreMagazine)Rain Byars, technical and delivery director with Atlantic Shores Offshore Wind, provided a developer's perspective on US offshore wind during her keynote session on May 7 at the Offshore Technology Conference (OTC). The dedicated offshore wind thread was a first at OTC this year. Byars has 14 years of experience in offshore wind, and prior to... Continue Reading →
Colombia’s Ecopetrol Talking to Very Large Offshore Wind Players
(Reuters) Colombia's majority state-owned energy company Ecopetrol has held talks with big players ahead of a potential bid in an offshore wind auction organized by the country's government, Chief Executive Ricardo Roa said on Wednesday. Roa was speaking during a call with analysts regarding the company's financial results for the first quarter of 2024, where... Continue Reading →
First Turbine Stands Tall at Iberdrola’s 476MW Offshore Wind Farm
(OE) The first of a total of 50 wind turbines has been installed at the 476 MW Baltic Eagle offshore wind farm, a joint venture between Iberdrola and Abu Dhabi Future Energy Company (Masdar), located off the German Baltic coast. Working in partnership with Vestas, the remaining wind turbines will now be transported to the... Continue Reading →