Equinor (OSE: EQNR, NYSE: EQNR) has entered into an agreement with BP (LSE: BP, NYSE: BP) to sell 50% non-operated interests in the Empire Wind and Beacon Wind assets on the US east coast for a total consideration before adjustments of USD 1.1 billion. Through this transaction, the two companies are also establishing a strategic partnership for further growth within offshore wind in the US. Currently Equinor holds … Continue reading Equinor partners with BP in US offshore wind power to capture value and create platform for growth
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BP enters the offshore wind energy market
British oil giant BP announced that it has started exploring the offshore wind energy sector, thanks to a partnership with the Norwegian group Equinor in the United States. BP is providing $ 1.1 billion to Equinor to jointly develop projects with existing wind turbines off the New York and Massachusetts coasts. First investment in renewable … Continue reading BP enters the offshore wind energy market
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BP sells three wind farm operations in Texas
BP sold three wind energy operations in Texas and says it will use the money to upgrade technology in its remaining U.S. wind operations. The price was not disclosed. The three wind facilities include Silver Star with 60 megawatts of generating capacity and about 100 miles southwest of Fort Worth, Sherbino Mesa 2 with 145 … Continue reading BP sells three wind farm operations in Texas
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BP installs Tesla-made battery to store wind power in South Dakota
BP hopes new technology will spur more wind energy development. BP installed a battery storage system for the first time at one of the company’s wind energy farms in South Dakota, a move BP hopes will provide a blueprint for adding similar power storage technology at its other U.S. wind power sites. BP said the … Continue reading BP installs Tesla-made battery to store wind power in South Dakota
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BP, Tesla to team up in battery storage for wind farm
BP says TSLA will supply the 212 KW battery at its Titan 1 wind farm in South Dakota in H2 of this year, to be used to store electricity and meet demands when the wind is not blowing. The 212 kW/840 kWh battery, supplied by Tesla, will be integrated with the wind farm and configured … Continue reading BP, Tesla to team up in battery storage for wind farm
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BP Statistical Review shows long-term shifts underway
The 2017 edition of the BP Statistical Review of World Energy shows global energy markets continuing to undergo long-term changes as they also adapt to nearer-term price challenges. Data published in the Review – the 66th annual edition – clearly demonstrate the long-term transitions now underway in the markets, with a shift to slower growth … Continue reading BP Statistical Review shows long-term shifts underway
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BP considers upgrade of U.S. 200 wind turbines
BP is mulling plans to upgrade as many as 200 of its wind turbines in the United States, Bloomberg reported. The energy giant is looking to update the aging equipment with newer, higher-capacity equipment in a bid to improve efficiency and reliability while increasing overall energy output. Laura Folse, chief executive of BP Wind Energy, … Continue reading BP considers upgrade of U.S. 200 wind turbines
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An energy transition is underway
Carbon emissions grow at less than a third of the rate of the past 20 years, reflecting both gains in energy efficiency and the changing fuel mix, but in the base case are still projected to increase, highlighting the need for further action “The global energy landscape is changing. Traditional centers of demand are being … Continue reading An energy transition is underway
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Primary energy consumption grew 1% in 2015
Global primary energy consumption in 2015 increased by only 1%, according to new figures released in BP’s Statistical Review of World Energy. One of the world’s seven supermajor oil and gas companies, BP, has released the 65th edition its Statistical Review of World Energy, in which it sets out and analyzes energy data for 2015, confirming many … Continue reading Primary energy consumption grew 1% in 2015
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BP has decided to keep its U.S. wind farm business
British oil company BP has decided to keep its U.S. wind farm business, one of the largest in the country, after four months in which it failed to attract a bid the company could accept, a spokesman said on Tuesday. “We didn’t find an offer that we thought was the right value,” said the spokesman, … Continue reading BP has decided to keep its U.S. wind farm business
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Wind energy project approved for Arizona
Interior Secretary Sally Jewell has announced the approval of a wind farm in northwestern Arizona. The project about 40 miles northwest of Kingman is expected to provide up to 500 megawatts to the electricity grid. That’s enough energy to power up to 175,000 houses. It’s also projected to create about 750 jobs through construction and … Continue reading Wind energy project approved for Arizona
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BP Statistical Review: renewable energy used in power generation grew by 15.2%
The BP Statistical Review of World Energy 2013 – the 62nd annual report – is launched today, revealing that 2012 had the largest single-year increase in US oil production ever recorded, and new evidence of the flexibility of the world’s energy system in meeting rapid global change. The US recorded the world’s highest growth in … Continue reading BP Statistical Review: renewable energy used in power generation grew by 15.2%
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BP puts U.S. wind farm arm up for sale
BP has agreed to sell its wind power plants worth about $1.5bn in the US, as part of its plan to withdraw from renewable energy. BP has put its U.S. wind farm operation, one of the largest in the country, up for sale, marking the continued retreat of big oil companies from renewable energy investments … Continue reading BP puts U.S. wind farm arm up for sale
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BP Wind Energy files preliminary scoping statement for Cape wind farm
The preliminary scoping statement for the proposed Cape Vincent Wind Farm was filed Friday, triggering a three-month countdown to BP Wind Energy’s anticipated application to the state siting board. Under the state’s Article X siting process, BP can submit an application for a certificate of environmental compatibility and public need for its 124-turbine wind project … Continue reading BP Wind Energy files preliminary scoping statement for Cape wind farm
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New Auwahi Wind Energy Project Dedicated To Maui
U.S. Sen. Brian Schatz, Hawaii Lt. Gov. Shan Tsutsui and Maui County Mayor Alan Arakawa today joined officials from Sempra U.S. Gas & Power, BP Wind Energy and community leaders for the dedication of the new Auwahi Wind facility on Ulupalakua Ranch. The eight wind turbines are situated along the slopes of the Haleakala … Continue reading New Auwahi Wind Energy Project Dedicated To Maui
Continue readingNextEra Upgrades Altamont Wind Farm for Birds
The Altamont Pass Wind Farm serves as a doorway to wind energy’s past. Located just southeast of San Francisco, California, the wind power plant is one of the oldest and largest in North America.
Continue readingCatch the Wind has sold 20 Vindicator to TransAlta
The installation of the Vindicator® LWS units is expected to begin in July 2011 on a wind farm to be designated by TransAlta. The Vindicator® LWS is a “next generation” wind sensor for utility-scale wind turbines.
Continue readingFukushima – Nuclear power is the most dangerous and most expensive
The accident at the Fukushima nuclear power plant demonstrates the dangers of nuclear energy. But apart from that nuclear energy is the most expensive, if you include all real costs.
Continue readingIndonesia’s wind energy plans
Indonesia is all set to develop the wind energy as the large-scale wind farm being built in Sukabumi. The large-scale wind turbines plant in the country will be exactly set up at Sukabumi in West Java end of this year.
Continue readingIberdrola Renewables Announces Wind Energy PPAs with ComEd and Ameren
New Harvest Wind Farm Output Sold to Illinois Utilities. Iberdrola Renewables announced it has sold the output of its New Harvest Wind Energy Project being constructed in Iowa.
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