(TN) Petrobras started installing LiDAR (Light Detection and Ranging) measurement devices on six platforms located in shallow waters off the coast of the states of Rio Grande do Norte, Ceará and Espírito Santo. The equipment integrates new wind measurement campaigns, which will be carried out over three years. The collected data will allow the elaboration... Continue Reading →
US government to fund research to improve offshore wind and marine energy deployments
(OET) The US Department of Energy (DOE) and the Department of the Interior (DOI) have unveiled plans to collaborate and jointly fund research to further support durable and environmentally responsible offshore wind and marine energy deployments in the United States. The agencies will launch the upcoming funding opportunity through Wind Energy Technologies Office (WETO), Water... Continue Reading →
Massachusetts Opens Its Largest-Ever Offshore Wind Solicitation, Plans to Procure 3.6 GW of New Capacity by June 2024
(OW) Massachusetts has opened its fourth offshore wind solicitation which seeks to procure 3.6 GW of new generation capacity and makes this the state’s largest solicitation of this kind to date. Developers can submit bids until 31 January 2024 and the projects will be selected by 12 June next year, with the execution of long-term... Continue Reading →
Brazil planners target 350m tonnes of offshore wind-to-hydrogen a year
(RE) Brazil has the potential to produce up to 1.8 billion tonnes of hydrogen a year at some of the lowest costs in the world, officials in Brasilia have said, with nearly 20% coming from projects supplied with power from offshore wind. For the time being, however, there are no offshore wind projects in development... Continue Reading →
Brazil eyes tax perks for energy sector, sparking ‘green’ vs oil debate
(Reuters) - Brazil's government aims to make more energy projects eligible for key tax benefits, however the main ministries involved disagree about whether to favor a "green" agenda or include oil projects and refineries, according to a senior official and a document seen by Reuters. President Luiz Inacio Lula da Silva's government has vowed to... Continue Reading →
Brazil hits record oil & gas production in July: 4.482 million barrels of oil equivalent per day
(PN) Brazil breaks a new record in total production (oil + natural gas), as well as in oil and natural gas considered separately and also in pre-salt production. The announcement was made today by the National Oil and Gas Agency (ANP) through its July 2023 Monthly Oil and Natural Gas Production Bulletin. A total of... Continue Reading →
US Offshore Wind Sector Faces Key Test After Weak Gulf Auction
(Reuters) The low interest in the first-ever auction of offshore wind farm development rights in the Gulf of Mexico marks a potentially serious setback for U.S. President Joe Biden’s green energy agenda, and the U.S. offshore wind sector in general. U.S. officials had touted the auction as a key milestone in Biden’s agenda to make... Continue Reading →
Woodside’s Trion Receives Mexican Regulatory Approval
(OE) Woodside has announced that the Trion field development plan (FDP) has been approved by the Mexican regulator, Comision Nacional de Hidrocarburos (CNH). Woodside’s final investment decision (FID) to develop the Trion resource, announced 20 June 2023, was subject to Trion joint venture approval and regulatory approval of the FDP. Both of these conditions have... Continue Reading →
Low Interest Shown in US’ First Gulf of Mexico Offshore Wind Auction
Philip Lewis, Contributor Only one of three available areas was sold during the United States' first ever offshore wind lease sale in the Gulf of Mexico on Tuesday. The auction, held my the Interior Department's Bureau of Ocean Energy Management (BOEM) offered up three sites for offshore wind development, including one in Louisiana (Lake Charles) and... Continue Reading →
Renewables Competitiveness Accelerates Despite Cost Inflation
(OE) The fossil fuel price crisis has accelerated the competitiveness of renewable power, according to the International Renewable Energy Agency (IRENA). Around 86% (187GW) of all the newly commissioned renewable capacity in 2022 had lower costs than fossil fuel-fired electricity. IRENA’s report Renewable Power Generation Costs in 2022 indicates that new capacity added since 2000... Continue Reading →