API urges investment in expanding American oil & gas production to ensure energy security – Long read

(OEM) The American Petroleum Institute (API), a trade association representing the oil and gas industry, believes ramping up domestic production and turning to U.S.-made energy is the answer to the global supply and demand imbalance hitting Americans at the pump and impacting the broader economy. The American Petroleum Institute claims that energy demand is outstripping supply... Continue Reading →

August 11, 2022 0

Big Oil Set to Cash in On Trillion-dollar Offshore Wind Prize – WoodMac

No longer in its infancy, offshore wind is a proven technology on course to play a key role in the decarbonisation of the global economy. Over the next decade, the industry will attract almost US$1 trillion in new investment. A growing number of competitors are flocking to take advantage of the massive opportunities that will... Continue Reading →

August 11, 2022 0

Ørsted Raises 2022 Outlook Despite Disappointing Offshore Wind Business Performance

Renewables firm Ørsted raised its full-year outlook on Thursday thanks to high power prices, after a disappointing showing in its offshore wind business led to weaker-than-expected second-quarter core earnings, which knocked its shares. Europe's power crunch, largely the result of the conflict in Ukraine, means the world's largest developer of offshore wind farms now expects full-year earnings before interest, tax, depreciation,... Continue Reading →

August 11, 2022 0

TotalEnergies, Corio Tap ODE as Owner’s Engineer for 1.5GW North Sea Wind Farm

Offshore Design Engineering Ltd (ODE) has won a contract to deliver Owner’s Engineer support to the pre-FEED stage of the 1.5GW Outer Dowsing offshore wind farm in the Southern North Sea. The Owner’s Engineer contract was awarded to ODE by Outer Dowsing Offshore Wind (ODOW), a joint venture developed by TotalEnergies and Corio Generation, a... Continue Reading →

August 11, 2022 0

California Sets Big Offshore Wind Targets

(Reuters) California on Wednesday set ambitious new targets for offshore wind development, saying turbines along its storied coastline would power some 25 million homes by 2050. In a unanimous vote, the five-member California Energy Commission (CEC) adopted a goal of 3,000 to 5,000 megawatts (MW) of offshore wind by 2030 and 25,000 MW by 2045, the agency... Continue Reading →

August 11, 2022 0

Bureau Veritas launches service that facilitates and speeds up the environmental licensing process for the implementation of Offshore Wind Farms in Brazil

Bureau Veritas launches Balcão Único (One-Stop Shop), a service that facilitates and speeds up the environmental licensing process for the implementation of Offshore Wind Farms in Brazil and offers all the necessary support for companies interested in operating in the sector. The number of projects in the sector has risen 200% in the last year... Continue Reading →

August 10, 2022 0

Scotland opens offshore wind leasing round to decarbonize North Sea oil and gas

Scotland’s new offshore wind leasing round aiming to decarbonise the North Sea oil and gas sector and position offshore wind as a primary feature of the energy transition has launched today, with plans to deliver the results in March next year. Following last year’s consultations, Crown Estate Scotland, the body which manages seabed leasing for offshore... Continue Reading →

August 10, 2022 0

Wood Thilsted Wins Offshore Wind Engineering Work in U.S.

(OE) Engineering consultancy Wood Thilsted has been appointed as a detailed design engineer for US Wind’s MarWin project, the company’s first offshore wind project to be constructed off the coast of Maryland, U.S.. Apart from being responsible for the delivery of the detailed foundation design for MarWin, Wood Thilsted will also be supporting the development... Continue Reading →

August 10, 2022 0

Wind turbine maker Vestas says price power improving, shares jump

(Reuters) - Wind turbine maker Vestas (VWS.CO) expects to deliver more positive results next year, its chief executive said on Wednesday, as high costs from raw materials and transport, which hit second-quarter results, are passed on to customers. Shares in Vestas rose 4% after the firm said it raised its prices in the second quarter by 22%... Continue Reading →

August 10, 2022 0

Analysis: U.S. renewables investors see Senate bill sparking gold rush

(Reuters) - For the first time, investors seeking to pour cash into U.S. clean energy projects can count on at least a decade of generous federal subsidies, offering them long-sought confidence in the staying power of the world’s third biggest renewables market. Tax credits for wind and solar projects have underpinned explosive growth in U.S.... Continue Reading →

August 10, 2022 0

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Category: Renewables

API urges investment in expanding American oil & gas production to ensure energy security – Long read

Big Oil Set to Cash in On Trillion-dollar Offshore Wind Prize – WoodMac

Ørsted Raises 2022 Outlook Despite Disappointing Offshore Wind Business Performance

TotalEnergies, Corio Tap ODE as Owner’s Engineer for 1.5GW North Sea Wind Farm

California Sets Big Offshore Wind Targets

Bureau Veritas launches service that facilitates and speeds up the environmental licensing process for the implementation of Offshore Wind Farms in Brazil

Scotland opens offshore wind leasing round to decarbonize North Sea oil and gas

Wood Thilsted Wins Offshore Wind Engineering Work in U.S.

Wind turbine maker Vestas says price power improving, shares jump

Analysis: U.S. renewables investors see Senate bill sparking gold rush

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