Brought to you by Quest Offshore & Southern Cone Consultants
(TN) The World Bank Group released today 16/07, a study on "Scenarios for Offshore Wind Development in Brazil" based on analysis by DNV, an independent global expert in energy and risk management. This report is part of a series of offshore wind roadmap studies commissioned by the World Bank Group (WBG) under the Offshore Wind... Continue Reading →
(TN) Bill (PL) No. 2,038/2023, which creates the legal framework for low-carbon hydrogen, was approved by the Chamber of Deputies. Now, the text goes to President Lula for sanction. The Bill provides for the National Low Carbon Emission Hydrogen Policy – coordinated by the Ministry of Mines and Energy (MME) – and establishes incentives to... Continue Reading →
( latingulf.ae ) Brazil’s Remarkable Achievement In a world where sustainable energy is gaining prominence, Brazil stands out as a shining example. According to the latest findings from the global energy think tank Ember, Brazil achieved an astounding 89% of its electricity generation from renewable sources in 20231. This impressive feat places Brazil at the forefront... Continue Reading →
NREL Researchers Identify Promising Locations off US Coastlines for Installation of Technology (CleanTechnica.com) Using electricity generated by offshore wind turbines as one pathway to split water to produce clean hydrogen may make economic sense, particularly along the U.S. Atlantic Coast and in the Gulf of Mexico, according to researchers at the National Renewable Energy Laboratory... Continue Reading →
(Reuters) - The Spanish government has moved to support Siemens Energy's wind turbine division, Siemens Gamesa, as part of a 1.2 billion euro ($1.31 billion) guarantee facility, Spanish export credit insurance agency Cesce said on Monday. The Spanish state's backstop will be up to 600 million euros, or 50% of the package to support wind projects,... Continue Reading →
(Reuters) - Atlantic Shores, a joint venture of Shell and France's EDF , on Wednesday submitted a proposal to be the initial provider of offshore wind energy to the state of New Jersey in the Fourth Offshore Wind Solicitation. The project proposed involves Atlantic Shores Projects 1 and 2, which can generate more than 2,800 megawatt of electricity,... Continue Reading →
(OE) Ørsted has completed the acquisition of Eversource’s 50 % share of Sunrise Wind, a 924 MW offshore wind farm located off the coast of New York. The purchase price at closing to acquire Eversource’s share of Sunrise Wind is $152 million. At signing in January 2024, the transaction was valued at $230 million, and... Continue Reading →
(Reuters) BP expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 it published on Wednesday. Carbon emissions, caused predominantly by the burning of fossil fuels,... Continue Reading →
(offshoreWind.biz)Iberdrola, through its US subsidiary Avangrid, and Virginia Electric and Power Company, a wholly-owned subsidiary of Dominion Energy, have signed an agreement under which Dominion will acquire the Kitty Hawk North Wind offshore wind lease area. The site, located some 40 kilometres north of the under-construction Coastal Virginia Offshore Wind (CVOW) project, would be renamed CVOW-South,... Continue Reading →
(Reuters) - Global hydroelectric generation slumped to a five-year low last year as a result of lower-than-average rainfall across China, North America and India, contributing to record fossil fuel combustion and emissions in 2023. Global hydro generation amounted to 4,240 billion kilowatt-hours (kWh) in 2023 down from a record 4,359 billion kWh in 2020, according... Continue Reading →
Brazil Energy Insight 