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(Reuters) After a bumper year for floating offshore wind farm tenders, the nascent industry is poised for explosive growth in the coming decade as countries strive to cut their carbon emissions. But it's unlikely to be all plain sailing. Rising costs and supply chain bottlenecks have hit some projects and without investment in infrastructure to... Continue Reading →
(Reuters) - Wind power may generate roughly 40% of North America's electricity by 2050, and solar power another 32%, if current and projected capacity development plans proceed as expected, data from risk assessment firm DNV shows. With hydropower expected to generate an additional 11.5% and nuclear a further 7.3%, over 90% of the region's electricity... Continue Reading →
(Bloomberg) – The Pentagon is sounding alarms over the Biden administration's plans to advance offshore wind projects along the central Atlantic U.S. coast, warning that almost all of the new terrain eyed for development conflicts with military operations. Maps shared with industry stakeholders and seen by Bloomberg News show vast red areas that the Navy... Continue Reading →
(OW) Ørsted and the infrastructure division of Spanish Acciona have signed a memorandum of understanding (MoU) to explore options for floating wind foundations, including using carbon-neutral materials and industrialising the fabrication of concrete foundations. Under the MoU, the two companies’ focus will be on the use of carbon-neutral bio-cement, bio-concrete, and other materials and solutions,... Continue Reading →
Philip Lewis, Contributor Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain. There has been much focus on the emerging floating wind market of late. The U.K. is forging ahead with commercial scale floating wind developments through the Scotwind and INTOG awards of at... Continue Reading →
The global wind energy market will pass the one terawatt (TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie. “After needing more than 40 years to reach one TW of installations, the wind industry will reach the next TW of installations within the next eight... Continue Reading →
The state administration of Maryland, US, has set a goal of achieving 8.5 GW of installed offshore wind capacity by 2035, by which time the state aims to have 100 per cent of clean energy in its energy mix. To support this target, the administration is working to establish new lease areas and strengthen the... Continue Reading →
(OM) Principle Power and Aker Solutions have been awarded a US Floating Offshore Wind Readiness (FLOWIN) Prize, which will set forth the goal to establish a sustainable and competitive domestic supply chain ecosystem to deliver floating offshore wind projects in the US. The FloatHOME Project will leverage the fourth-generation, industrialized WindFloat design to evaluate and compare deployment options,... Continue Reading →
(Bloomberg) Electricite de France SA is betting that wind turbines at sea — already the size of skyscrapers — will be about 50% more powerful at the start of the next decade when it completes the country’s largest offshore farm. The French utility expects even larger machines to contribute to higher output when it builds... Continue Reading →
Greek cable manufacturer Hellenic Cables has been selected by the European Commission to take part in delivering the Infinite project aimed at accelerating industrial-scale floating wind. The Infinite project includes the deployment and testing of a 4.8 MW floating wind pilot system at a 100-meter water depth and the creation of a disruptive and environment-friendly concrete... Continue Reading →
Brazil Energy Insight 