The German Parliament has adopted a new Offshore Wind Law (WindSeeG). It makes important changes to the design of Germany’s offshore wind auctions. It established two different types of auctions, one of which involves negative bidding with no caps on the amounts developers bid. This is bad: uncapped negative bidding means additional costs for electricity … Continue reading Negative bidding in German offshore wind power law threatens supply chain
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Investors want to finance more wind energy – Governments need to back this
On 28 June WindEurope CEO Giles Dickson spoke at an EU Commission Forum on Protecting and Facilitating Investment in the Single Market, organised by the Commission’s Directorate-General for Financial Stability and Capital Markets (DG FISMA). The main topic of discussion was how to facilitate sustainable investments. Investments in wind energy keep rising. Last year Europe … Continue reading Investors want to finance more wind energy – Governments need to back this
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10 GW of new wind power per year: German parliament adopts new onshore wind energy law
The German Parliament has adopted a new Onshore Wind Law (WindLandG) which aims to expand onshore wind by a massive 10 GW a year from 2025. It’s part of an “Easter Package” of measures which also enshrines the principle that the expansion of renewables is a matter of “overriding public interest”. Last week the German … Continue reading 10 GW of new wind power per year: German parliament adopts new onshore wind energy law
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Germany approves the expansion of wind energy and solar power
The German Bundestag (lower house of Parliament) approved on Thursday a legislative package to accelerate the expansion of renewable energies. The proportion of electricity consumption generated from renewable sources is expected to rise from just under 50 percent today to at least 80 percent by 2030, according to the bill. The previous target was only … Continue reading Germany approves the expansion of wind energy and solar power
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Iberdrola installs substation for its first large offshore wind farm in France
This infrastructure, weighing some 3,400 tonnes, will be the energy heart of the 500 MW Saint-Brieuc offshore wind farm, Iberdrola’s first in France and the second in operation in the country. The substation will collect the electricity produced by the offshore wind turbines, enough to meet the needs of 835,000 households and prevent the emission … Continue reading Iberdrola installs substation for its first large offshore wind farm in France
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Iberdrola will develop 16 new wind power and solar projects in the United Kingdom
The company ensures financial viability for these onshore, offshore and solar wind farms after obtaining Contracts for Difference with the British Government.The initiatives, among which is the East Anglia Three offshore wind farm, will almost double the company’s installed renewable capacity in the country, with more than 2,120 MW of joint power.Iberdrola will develop 16 … Continue reading Iberdrola will develop 16 new wind power and solar projects in the United Kingdom
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Vattenfall wins Contracts for Difference for Norfolk Boreas Offshore Wind farm
Vattenfall has today been awarded contracts for the Norfolk Boreas Offshore Windfarm, the first phase of Vattenfall’s Norfolk Offshore Wind Zone and one of the world’s largest offshore wind zones. In this first phase, Norfolk Boreas will secure renewable electricity, equivalent to meet the needs of around 1.5 million homes in the UK. Helene Biström, … Continue reading Vattenfall wins Contracts for Difference for Norfolk Boreas Offshore Wind farm
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Ørsted awarded contract for world’s single biggest offshore wind farm
The UK Department for Business, Energy and Industrial Strategy (BEIS) has awarded Ørsted a contract for difference for its Hornsea 3 offshore wind farm. The project was awarded at an inflation-indexed strike price of GBP 37.35 per MWh in 2012 prices. With a capacity of 2,852 MW, Hornsea 3 will produce enough low-cost, clean, renewable … Continue reading Ørsted awarded contract for world’s single biggest offshore wind farm
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UK awards almost 11 GW in biggest-ever wind energy auction
The Department for Business, Energy and Industrial Strategy has announced the results of the UK’s fourth Contract-for-Difference (CfD) auction round (AR4) for renewables. New renewables projects of almost 11 GW were awarded. That’s double what was awarded in the last round and nearly as much as the previous three rounds combined. Wind energy got 8.5 … Continue reading UK awards almost 11 GW in biggest-ever wind energy auction
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RWE starts soil investigations for Denmark’s largest offshore wind farm
RWE has started soil investigations off the Danish west coast. Up to three research vessels will acquire geotechnical data from the seabed approximately 22 kilometres from the port of Thorsminde. The collected data is important for the fabrication and installation of the main components of RWE’s Thor offshore wind farm. The geological research vessel Fugro … Continue reading RWE starts soil investigations for Denmark’s largest offshore wind farm
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Vattenfall aims to build the world’s first offshore hydrogen cluster in the Netherlands
In the future, more and more of our energy will come from wind energy and solar power. Since nothing changes as much as the weather, the amount of electricity supplied by wind turbines and solar is also in a constant state of flux. How can we overcome this? How can we ensure that the supply … Continue reading Vattenfall aims to build the world’s first offshore hydrogen cluster in the Netherlands
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Gennaker, of 927 MW, will promote the development of offshore wind power in the Baltic Sea
Siemens Gamesa and wpd sign a framework agreement for the supply of 103 Siemens Gamesa Direct Drive offshore wind turbines, with a capacity of 927 MW, as well as wind farm maintenance for 20 years. Siemens Gamesa and the German developer wpd have signed a framework supply agreement for the Gennaker offshore wind farm. Located … Continue reading Gennaker, of 927 MW, will promote the development of offshore wind power in the Baltic Sea
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RWE and Hellenic Petroleum join forces to develop offshore wind power in Greece
RWE and Hellenic Petroleum Holdings, through their respective subsidiaries RWE Renewables Gmbh and HELPE Renewables SA, join forces to jointly explore offshore wind opportunities in Greek waters. Corresponding terms of the 50-50 partnership were signed recently between the two companies, with the aim to collaborate on the development, construction and operation of offshore wind farms … Continue reading RWE and Hellenic Petroleum join forces to develop offshore wind power in Greece
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Vestas pioneers the first hydrogen-powered offshore wind energy vessel
As part of its journey towards becoming carbon neutral by 2030, without the use of offsets, Vestas is pioneering innovative solutions to reduce carbon emissions from its own operations. In collaboration with long-term supplier Windcat Workboats, Vestas is launching a pilot program to explore how the world’s first hydrogen-powered crew transfer vessel (CTV) can help … Continue reading Vestas pioneers the first hydrogen-powered offshore wind energy vessel
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The United States is still a land of opportunity
Since Statkraft opened an office in the U.S. in 2015, the company’s U.S. operations have revolved largely around trading in CO2 allowances and renewable energy certificates. Statkraft is now well positioned to take advantage of additional opportunities in a rapidly growing U.S. renewables market. “When I started in Statkraft in 2015, no one in the … Continue reading The United States is still a land of opportunity
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Unlocking India’s Offshore Wind power Market
India’s prospects for offshore wind energy are good, given the country’s 7,600 kilometers of coastline. In fact, the government estimates that two states alone, Gujarat and Tamil Nadu, have about 70 gigawatts (GW) of potential offshore wind power—enough to power more than 50 million homes. Yet for India to realize this energy potential and move … Continue reading Unlocking India’s Offshore Wind power Market
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Wind power and solar energy costs have increased, but much less than those of fossil fuels
Global increases in the cost of materials, freight, fuel and labor have set prices for new-build wind and solar back to where they were in 2019, according to a new report from BloombergNEF – but the setback for renewables is temporary, while for fossil fuels the cost gap continues to widen. The BloombergNEF report, published … Continue reading Wind power and solar energy costs have increased, but much less than those of fossil fuels
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The wind energy industry needs a minimum profitability
Siemens Gamesa and Vestas are both losing money and to reach ambitious goals, the European wind industry must rein in its attempts to reduce the cost of building wind turbines.Siemens Energy reported losses of more than €600 million, while Vestas reports an operating loss of €894 million.K2 Management believes that unless the relentless drive to … Continue reading The wind energy industry needs a minimum profitability
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Blue Economy Can Help Members Boost Offshore wind power
“An important part of the solution to today’s energy crisis may lay with our oceans as a source of local and abundant renewable energy”, said Roland Roesch, Deputy-Director of IRENA’s Innovation and Technology Centre, at the fourth meeting of the Collaborative Framework on Ocean Energy/Offshore Renewables, “which also may foster a blue economy benefiting coastal … Continue reading Blue Economy Can Help Members Boost Offshore wind power
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Offshore wind energy industry enjoys best-ever year with 21.1 GW of installations
The offshore wind industry enjoyed its best-ever year in 2021, with 21.1 GW of new capacity connected to the grid, according to the latest Global Offshore Wind Report launched by the Global Wind Energy Council (GWEC) to coincide with the United Nations Ocean Conference in Lisbon. The report shows that the offshore wind industry is … Continue reading Offshore wind energy industry enjoys best-ever year with 21.1 GW of installations
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