The war in Ukraine and its related market volatility pose great challenges for the European energy system. In the wake of what was a financially exceptional year, the expectation is that this year will be more normal. Vattenfall’s President and CEO Anna Borg comments on the interim report for January-March 2022: “We are two months … Continue reading First quarter 2022: War in Ukraine dominated energy market sentiment
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Ørsted’s Board of Directors approved the interim report for the first three months of 2022.
Our operating profit (EBITDA) totalled DKK 9.4 billion, an increase of DKK 4.6 billion compared to Q1 2021. The gain from the 50 % farm-down of Borkum Riffgrund 3 amounted to DKK 1.6 billion. EBITDA excluding new partnerships amounted to DKK 7.8 billion, DKK 3.0 billion higher than in the same period last year. Net profit … Continue reading Ørsted’s Board of Directors approved the interim report for the first three months of 2022.
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The US is about to build lots of offshore wind power, what can it learn from Europe?
WindEurope CEO Giles Dickson moderated the US-EU Energy Council High-Level Business Forum on Offshore Wind in New Jersey on 27 April. The Forum was led by US Secretary of Energy, Jennifer Granholm, and EU Commissioner for Energy, Kadri Simson. It was held in conjunction with the International Offshore Wind Partnering Forum (IPF) Other speakers included … Continue reading The US is about to build lots of offshore wind power, what can it learn from Europe?
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EU electricity market rules must support wind energy and renewables investments
Today the EU Agency for the Cooperation of Energy Regulators (ACER) issued its final assessment of the EU electricity market design. It comes at a time of volatile electricity prices and unprecedented supply insecurity linked to Russia’s invasion of Ukraine. Its core message is the EU must maintain its electricity price setting mechanism and preserve the Internal Energy Market, … Continue reading EU electricity market rules must support wind energy and renewables investments
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Secretary of Energy Granholm to address CLEANPOWER 2022
The American Clean Power Association (ACP) announced that Secretary of Energy Jennifer Granholm will give a virtual address at CLEANPOWER 2022, the nation’s preeminent renewable energy conference. CLEANPOWER will again bring together the industry’s thought leaders and decision makers to discuss and showcase the most important issues facing the energy industry today. The conference focused … Continue reading Secretary of Energy Granholm to address CLEANPOWER 2022
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Tierra del Fuego and MMEX jointly announce the potential development of a green hydrogen
Today, the Province of Tierra del Fuego and MMEX jointly announce the potential development of a green hydrogen project in the Río Grande area. The Governor of the Province of Tierra del Fuego, Mr. Gustavo Adrian Melella, announced that, “MMEX, a North American company with operations in Texas USA with extensive experience in the implementation, … Continue reading Tierra del Fuego and MMEX jointly announce the potential development of a green hydrogen
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European electricity markets prices fell again thanks to wind energy
In the third week of April, the wind energy production increased in most European markets, which, together with lower demand in several markets, favoured the decrease in electricity markets prices. During the weekend, negative prices were reached in Belgium and the Netherlands and in the Iberian market some hours registered prices of €1.17/MWh. Gas and … Continue reading European electricity markets prices fell again thanks to wind energy
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Ørsted takes final investment decision on 201 MW onshore wind farm Sunflower Wind in Kansas, US
Ørsted’s Board of Directors has taken final investment decision (FID) on onshore wind farm Sunflower Wind in Kansas. The 201 MW wind farm will be located in Marion County, mid-Kansas, and will become Ørsted’s fourth onshore wind farm in the Southwest Power Pool (SPP) energy market. The project was acquired together with Lincoln Land Wind … Continue reading Ørsted takes final investment decision on 201 MW onshore wind farm Sunflower Wind in Kansas, US
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U.S. identifies possible wind power areas off Oregon, Atlantic coasts
The Biden administration on Wednesday identified new areas for potential offshore wind development off the coasts of Oregon and several central Atlantic states, its latest step toward bolstering the nascent U.S. industry. Offshore wind is a key pillar of President Joe Biden’s plan to fight climate change by decarbonizing the U.S. power sector by 2035 … Continue reading U.S. identifies possible wind power areas off Oregon, Atlantic coasts
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American Clean Power praises BOEM for advancing offshore wind lease sales on Oregon and Central Atlantic coasts
The American Clean Power Association (ACP) today praised the Bureau of Ocean Energy Management (BOEM) and the Department of Interior (DOI) for advancing U.S. offshore wind deployment with its announcement of two separate Calls for Information and Nominations for possible leasing in areas that are determined to be suitable off the coast of Oregon and … Continue reading American Clean Power praises BOEM for advancing offshore wind lease sales on Oregon and Central Atlantic coasts
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Envision Energy is awarded a 2,000 MW wind power contract in India
Envision Energy today announced that it has been awarded a 2000 MW wind turbine order in India. The 596 wind turbines, all manufactured in Envision’s India factory, will be delivered by the end of 2023. Envision will supply and commission its state-of-the-art EN156/3.3 wind turbines for the projects. EN 156/3.3 has a 156m rotor – … Continue reading Envision Energy is awarded a 2,000 MW wind power contract in India
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Statkraft to supply wind power for Solvay in Finland
Solvay has signed a 10-year Utility Power Purchasing Agreement (PPA) with hydropower company Statkraft to purchase electricity produced by the Pajuperankangas wind farm. The agreement will enable the Group’s Voikkaa site in Finland to operate on 100% wind-generated electricity, helping to decarbonize the production of hydrogen peroxide at the site and contributing to the achievement … Continue reading Statkraft to supply wind power for Solvay in Finland
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Women in Wind program welcomes 21 new participants for 2022
The Global Wind Energy Council (GWEC) and the Global Women’s Network for the Energy Transition (GWNET) are delighted to announce the participants for the 2022 edition of the Women in Wind Global Leadership Program. The jointly organised scheme aims to enhance gender diversity across the wind sector. This year the scheme will welcome 21 participants … Continue reading Women in Wind program welcomes 21 new participants for 2022
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Russian-affiliates believed to be behind cyber attacks on wind turbines firms
Three German-based wind energy companies attacked as country attempts to wean itself off Russian oil. Cyber attacks on three Germany-based wind-energy companies have raised alarms that Russian-sympathisers are trying to disrupt European efforts to lessen resilience on Russian oil and gas. The firms haven’t publicly attributed the attacks to any particular groups, according to The … Continue reading Russian-affiliates believed to be behind cyber attacks on wind turbines firms
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India’s future is renewable
India has large coal reserves and will need coal as an energy source for decades. Fortunately, the country also has 300 sunny days a year. If India is to achieve its climate goals, it is crucial that growth in energy production come from renewable sources. India has low greenhouse gas emissions per capita, but because … Continue reading India’s future is renewable
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ACP begins to announce key speakers for CLEANPOWER 2022
The American Clean Power Association (ACP) announced its initial lineup of speakers for CLEANPOWER 2022, the nation’s preeminent renewable energy conference. CLEANPOWER will again bring together the industry’s thought leaders and decision makers to discuss and showcase the most important issues facing the energy industry today. The conference focused on “Building the Clean Energy Economy” … Continue reading ACP begins to announce key speakers for CLEANPOWER 2022
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Enel Green Power inaugurates wind farm in Pernambuco
Enel Green Power Brasil, Enel’s renewable energy subsidiary in the country, began the commercial operation of the Fontes dos Ventos II wind farm, located in Tacaratu (PE). The project has 99 MW of installed capacity and required investments of R$ 430 million. The wind farm is located in the same region where Enel Green Power … Continue reading Enel Green Power inaugurates wind farm in Pernambuco
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India installed 275 MW of wind power in Q1
India has commissioned 275 MW of wind turbines in the first quarter of 2022, bringing its wind capacity to 40.4 GW, according to the latest government statistics. The quarterly increases represent an increase of 30% but are 56% lower than the 623 MW added in the first quarter of 2021, according to data released last … Continue reading India installed 275 MW of wind power in Q1
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Wind power in China’s Sichuan province reduces CO2 pollution every year
The Liangshan Yi Autonomous Prefecture was home to Sichuan’s first ever wind power base in 2011, and it is now the largest one in Southwestern China. Zheng Songwu has this report. Nobody had believed that the wind in Sichuan could prove as effective as it is today, mainly due to the technology at the time … Continue reading Wind power in China’s Sichuan province reduces CO2 pollution every year
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Italy inaugurates the first offshore wind farm
Italy on Thursday officially inaugurated the first offshore wind power project in the country, and in the Mediterranean region. A Chinese company supplied wind turbines for the Beleolico project, which was connected to the grid at a ceremony in the port of Taranto in southern Italy. Beleolico has 10 wind turbines, which produce a total … Continue reading Italy inaugurates the first offshore wind farm
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