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The 759 MW Hollandse Kust Noord offshore wind farm has produced its first green power and delivered it via TenneT’s offshore grid to the Dutch mainland. “We often talk about milestones along a project’s journey, and CrossWind has had a number to date, but to have the wind turbines generating green electricity safely and successfully... Continue Reading →
As the spending on clean energy seems to be growing by leaps and bounds while investments in fossil fuels are not keeping up with this pace, the International Energy Agency (IEA) believes that this pivot to green and low-carbon sources is paving the way for peak oil demand to come into view. Is black gold... Continue Reading →
(OET) The energy woes that befall the world in 2022 brought about the double whammy of rapidly working on diversifying the energy mix with more renewables while ramping up the crude oil and natural gas production to appease the increasingly intertwined concepts of energy security and transition to a green and low-carbon future. In this... Continue Reading →
(OE) U.S.-based maritime logistics and offshore services firm Crowley on Wednesday announced a new investment in Tugdock. Tugdock has developed "the world’s first road-transportable floating dry dock" known as the Tugdock Submersible Platform (TSP), to help advance offshore wind energy in the U.S. Crowley and Tugdock will explore the potential use of the platforms in... Continue Reading →
(Reuters) - The Danish state will take a 20% stake in four planned offshore wind farms with a total capacity of at least 6 gigawatts (GW), the country's ministry of climate, energy and utilities said on Tuesday. Under the terms in the upcoming tenders, developers will compete to offer the state the highest fixed annual... Continue Reading →
(Reuters) - Portugal's first auction of licenses to build offshore wind farms, set to be launched by the end of the year, is aimed for projects with a total installed capacity of more than 1 gigawatt (GW), Energy Secretary Ana Fontoura said on Tuesday. In January, the Socialist government announced a public hearing to propose five areas... Continue Reading →
(OET) As the green energy push gathers speed, propelling the shift to renewable energy sources forward, this raises concerns about oil and gas projects being in danger of turning into stranded assets while the world hurtles towards net-zero. However, the potential of converting the existing fossil fuels infrastructure for use in the offshore wind industry... Continue Reading →
TotalEnergies and the Government of Rio de Janeiro announced the signing of the Memorandum of Understanding (MoU) to collaborate with the development of offshore wind generation in the State. The agreement, which lasts for 2 years, includes the company's collaboration in studies related to fiscal and tax incentives and the expansion of the GRID system... Continue Reading →
EDP Group agreed with Ocean Winds (OW), the joint venture created by EDP Renewables and ENGIE dedicated to offshore wind, to transfer EDP’s position in floating wind design firm Principle Power to OW. Principle Power is specialized in the design of floating structures to support offshore wind turbines that can be used in deeper waters. ... Continue Reading →
Exclusive article from TN Magazine The oil industry's activity resembles a moving bicycle. Without new impulses, the activity remains for a while, but tends to gradually decline and eventually cease. In the oil sector, these impulses can be given in two ways: with the exploration of new areas; or with investments in existing fields to... Continue Reading →
