The United States' Bureau of Ocean Energy Management (BOEM) on Tuesday issued a final environmental assessment (EA) on potential impacts from offshore wind leasing on the U.S. Outer Continental Shelf in the Gulf of Mexico, marking another step toward the potential first-ever offshore wind lease sale in the Gulf. The assessment, completed with the help... Continue Reading →
Denmark to take 20% ownership of new offshore wind farms
(Reuters) - The Danish state will take a 20% stake in four planned offshore wind farms with a total capacity of at least 6 gigawatts (GW), the country's ministry of climate, energy and utilities said on Tuesday. Under the terms in the upcoming tenders, developers will compete to offer the state the highest fixed annual... Continue Reading →
An American Oil Hub Is Pivoting to Offshore Wind
(Bloomberg) — Every morning, more than 600 workers clock in at the Louisiana shipyard where the Eco Edison, the first US-built vessel to service offshore wind farms, is under construction. At quitting time, a parade of pickups and dusty sedans forms a traffic jam on the road back into town, past buildings that serve the... Continue Reading →
Repurposing oil & gas infrastructure to harness offshore wind power – Long read
(OET) As the green energy push gathers speed, propelling the shift to renewable energy sources forward, this raises concerns about oil and gas projects being in danger of turning into stranded assets while the world hurtles towards net-zero. However, the potential of converting the existing fossil fuels infrastructure for use in the offshore wind industry... Continue Reading →
Eversource Energy to Sell 50% Stake in US Offshore Wind Site to Ørsted for $625M
(Reuters) Eversource Energy on Thursday agreed to sell its 50% stake in a wind development site off the south coast of Massachusetts to joint venture partner Ørsted for $625 million in cash. The agreement to sell the lease area of about 175,000 developable acres is expected to close in the third quarter of 2023 and... Continue Reading →
Ocean Ventus Launches Low-Steel Wind Floater
Ocean Ventus has launched a low-cost, low-steel floating wind solution which has received Approval in Principle from DNV. It has a tubular design, and its main steel weight is approximately 3,000t for a 15MW turbine. Offshore wind targets imply an eight-fold increase in installed capacity to 2030, with 32 GW of floating wind expected to... Continue Reading →
First US-Built Offshore Wind Substation Sets Sail
Offshore wind developers Ørsted and Eversource marked the sailaway of the first U.S.-built offshore wind substation, which departed a Texas fabrication facility Wednesday. The substation is transiting across the Gulf of Mexico and then up the East Coast for installation at the South Fork Wind project site in a few weeks. Kiewit Offshore Services, Ltd.... Continue Reading →
BW Ideol, Elawan Energy Eye Joint Development of Floating Offshore Wind Projects in Spain and Portugal
Floating wind farm and technology developer BW Ideol has signed a Head of Terms with Elawan Energy, an ORIX company based in Spain, for the joint development of a multi-GW floating offshore wind pipeline off Spain and Portugal, subject to further negotiation of the final agreement between the Parties. In Spain, Elawan Energy has more... Continue Reading →
Substation for First Commercial-scale US Offshore Wind Farm Leaves Denmark
(OE) The offshore substation and jacket foundation, bound for the U.S. offshore wind project Vineyard Wind 1, have left the quay at Bladt Industries’ production site in Southern Denmark, heading for its destination 35 miles from mainland Massachusetts. Sail-away is on time according to the original schedule and is a major milestone for the project... Continue Reading →
Floating Solar Market Set to Surpass 6 GW by 2031, Wood Mackenzie
(OE) The global floating solar market is expected to pass the six-gigawatt (GW) threshold by 2031, as PV developers struggle to meet growing solar demand and look to alternate development technologies, energy intelligence firm Wood Mackenzie said in a report Wednesday. “The global solar industry, including PV developers, continue to battle limited land availability and... Continue Reading →