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The Chamber of Deputies approved, by 403 votes to 16, the bill (PL 11,247 of 2018) that regulates the use of offshore energy potential (at sea). The proposal to create the Offshore Wind Power Regulatory Framework now goes to the Senate for analysis. The approved text was the substitute presented by the rapporteur, deputy Zé... Continue Reading →
Crown Estate Scotland has confirmed that seven offshore wind projects have signed Exclusivity Agreements as part of the Innovation and Targeted Oil & Gas (INTOG) leasing round. The seven projects join the five Innovation projects that secured Exclusivity Agreements earlier this year, bringing the number of INTOG projects to 12 out of the 13 agreements... Continue Reading →
(epbr) The Chamber of Deputies approved the Hydrogen bill (PL 2308/2023), which regulates the production of low-carbon hydrogen, establishes voluntary certification and provides federal tax incentives. The proposal goes to the Senate. – The bill considers low-carbon hydrogen to be hydrogen that, during production, emits up to 4 kg of CO2 for every 1 kg... Continue Reading →
Germany's top utility RWE will raise investments in green energy technologies to 55 billion euros ($60.21 billion) over the next seven years, it said on Tuesday ahead of its capital markets day. "Thanks to our significant financial headroom, our attractive project pipeline and our extensive expertise, we are in an excellent position to continue to... Continue Reading →
Damen Shipyards Group has officially launched its latest vessel, a fully electric ServiceOperations Vessel (SOV), 70 metres x 17 metres. With its offshore charging capabilities, the vesselpaves the way for significantly reduced emissions in the maintenance of offshore wind farms.Creating a total solutionThree years ago, Damen set out to assess the feasibility of an electric... Continue Reading →
(OE) NOV has unveiled a new installation vessel concept design tailored specifically for the unique challenges of the emerging floating offshore wind sector. Floating wind farms are often farther offshore, in deeper waters and in harsher environments, therefore requiring new and robust installation strategies. According to NOV, its new floating wind installation vessel (FWIV) concept—part... Continue Reading →
(OE) Spanish renewable energy giant Iberdrola said on Monday it would invest nearly 14 billion euros ($15 billion) in Britain through 2028 in grids and renewable projects. The plan is in line with the company's broader investment strategy, which has seen a growing focus on networks, whose returns tend to be predictable, and a more... Continue Reading →
Philip Lewis contributor (OE) The U.S. offshore wind market presents a $1 billion long-term opportunity to builders of crew transfer vessels (CTV) and service operation vessels (SOV) that will support both wind farm construction and long-term operations and maintenance. Unlike many of the construction vessels to be deployed on U.S. wind projects, CTVs and SOVs... Continue Reading →
(OW) Octopus Energy’s generation arm has taken a 12.5 per cent stake in the 660 MW Walney Extension offshore wind farm located in England. Octopus Energy bought the stake in Walney Extension from AIP Management, the investment manager for Danish pension fund PKA and PFA. The wind farm features 87 wind turbines, each taller than... Continue Reading →
(Reuters) - Brazil has signed onto an agreement to triple renewable energy globally by 2030 and shift away from using coal, the country's Foreign Ministry said on Friday, joining a prospective deal backed by the European Union, U.S. and United Arab Emirates. South America's largest country is now one of roughly 100 countries that have signed onto... Continue Reading →
Brazil Energy Insight 