Brazil’s Ministry of Mines and Energy wants to advance debates on criteria for choosing and disputing areas for offshore wind farms

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 →

March 27, 2024 0

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 →

March 27, 2024 0

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 →

March 26, 2024 0

Norway Postpones Floating Wind Tender to 2025 as Gov’t Establishing ‘Common State Aid Model’

(offshore WIND.biz) The award of 1.5 GW of floating wind capacity in Norway, which was planned for this year, will be held in 2025 as the Norwegian government plans to have the subsidy model in place and announced before allocating the Utsira Nord (Utsira North) offshore areas for development. The government says the decision to... Continue Reading →

March 25, 2024 0

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 →

March 25, 2024 0

Enauta Sells 20% Stake in Atlanta, Oliva Fields Offshore Brazil

(JPT) Brazilian independent Enauta has agreed to sell a 20% participating interest in the BS-4 concession, which includes the Atlanta and Oliva fields, to Westlawn Americas Offshore (WAO) for $301.7 million. WAO is a portfolio company of Westlawn Group LLC and owns various interests in the Gulf of Mexico offshore basins. Enauta said the sale... Continue Reading →

March 25, 2024 0

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 →

March 25, 2024 0

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 →

March 22, 2024 0

Leaky Platforms: Pemex Knocked for Delayed Repairs, “Vast” Methane Leaks

(Reuters) Pemex reportedly put off urgent repairs and maintenance at an important offshore platform for months, resulting in methane spewing into the atmosphere, according to internal documents and three sources familiar with the infrastructure. New data from the United Nations Environment Program's (UNEP) International Methane Emissions Observatory showed that the problematic Pemex platform in the... Continue Reading →

March 22, 2024 0

Second Offshore Wind Sale Proposed for Gulf of Mexico

The U.S. Department of the Interior has unveiled proposal for a second offshore wind energy auction in the Gulf of Mexico, which would cover four areas offshore Louisiana and Texas. Totaling 410,060 acres, the next Gulf of Mexico offshore wind auction would have the potential to secured clean power for 1.2 million homes. With the... Continue Reading →

March 21, 2024 0

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Category: Regulatory

Brazil’s Ministry of Mines and Energy wants to advance debates on criteria for choosing and disputing areas for offshore wind farms

Petrobras to install two offshore wind turbines with R&D funds by 2029

Offshore Wind Market Improving After Price Reset, Says EDP

Norway Postpones Floating Wind Tender to 2025 as Gov’t Establishing ‘Common State Aid Model’

BOEM Announces Review of Proposed Vineyard Northeast Project

Enauta Sells 20% Stake in Atlanta, Oliva Fields Offshore Brazil

US Revises Tax Credit Rule to Help Offshore Wind Projects

US Offshore Wind Development Could Ensure East Coast Grid Reliability

Leaky Platforms: Pemex Knocked for Delayed Repairs, “Vast” Methane Leaks

Second Offshore Wind Sale Proposed for Gulf of Mexico

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