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(offshoreWIND.biz) The United States House of Representatives has passed a bill that, among other things, rescinds provisions from the Inflation Reduction Act (IRA) that were set up to strengthen the domestic offshore wind supply chain and back the development of new offshore wind transmission infrastructure. Passed on 22 May with 215 votes in favour of the bill,... Continue Reading →
(offshoreWIND.biz) The Danish government will launch a 3 GW offshore wind tender this autumn, providing support through two-sided Contracts for Difference (CfD), following the suspension of the previous auction round earlier this year. The tender will open in autumn 2025 and will cover three areas, two in the Danish North Sea and one separating Denmark... Continue Reading →
(offshoreWIND.biz) The Norwegian Ministry of Energy has invited applications for three floating wind sites within the Utsira Nord area. The deadline for submitting proposals is set for 15 September 2025. The government is offering a project capacity of 500 MW at each site through the tendering process, which will be carried out in two stages:... Continue Reading →
(offshoreWIND.biz) The Norwegian Ministry of Energy has notified the European Free Trade Association’s (EFTA) Surveillance Authority (ESA) of the support model for a floating wind project in the Utsira Nord area and expects to open the tender for the area as soon as ESA has approved the model. The tender will be carried out in... Continue Reading →
(Reuters) The Dutch government is looking to reintroduce subsidies in its tenders for offshore wind farms, as prospective bidders are backing out of the current "zero subsidy" model. The Netherlands has managed to attract builders for its offshore wind farms without offering subsidies on electricity prices since 2017, but interest has waned due to rising... Continue Reading →
(Reuters) - Brazil's wind power sector lost steam in 2024, local association ABEEolica said on Friday, noting that it expects continued downward pressure before growth resumes in 2027. WHY IT'S IMPORTANT Renewable power supply surged in Brazil in recent years on hefty government incentives and subsidies, but demand did not expand as quickly and the... Continue Reading →
(Reuters) - Denmark's failure to attract any bids in an offshore wind power tender last week stems from a rigid auction model, a failure to adapt to a changed economic reality for renewable energy projects and rising competition, analysts said on Friday. The outcome was a blow to Denmark, home to turbine maker Vestas and offshore wind... Continue Reading →
(Reuters) - U.S. President Joe Biden's administration has awarded over $100 billion in grants created by its signature climate law, the Inflation Reduction Act, Biden senior advisor for international climate policy John Podesta said. The administration hopes the spending milestone will help to continue the deployment of clean energy even after President-elect Donald Trump, a climate change skeptic who has... Continue Reading →
(Reuters) - KfW (KFW.UL) will provide a 24 billion euro ($25 billion) loan to help develop a future hydrogen network in Germany, the state lender told Reuters, at a time when companies have warned that the technology will take longer than expected to take off. Germany is betting on hydrogen, which can be used in... Continue Reading →
(Reuters) The Norwegian government proposed on Monday to offer up to 35 billion Norwegian crowns ($3.29 billion) in subsidy payments in the country's first commercial floating wind power tender, in line with a compromise reached earlier this year. "Norway has enormous potential for floating offshore wind on its continental shelf, but because the technology is... Continue Reading →
Brazil Energy Insight 