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Offshore Wind

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Ocean Harvesting Technologies’ wave energy technology
Offshore Wind

In focus: In pursuit of carbon-neutrality – the holy grail of energy transition

In this week’s edition of our In Focus article, we take a deep dive into the most relevant developments from the energy world targeting emission cuts. In the Fossil Fuels market, oil and gas company Lundin Energy sold what has been described as the world’s first-ever certified carbon neutrally produ

about 5 years ago
The first jacket foundation assembled at Navantia yard in Fene, Spain
Offshore Wind

First jacket foundation completed for Saint-Brieuc offshore wind farm

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Navantia has completed the construction of the first jacket foundation for the French Saint-Brieuc offshore wind farm at its shipyard in Fene, Spain. The completion of the first jacket follows the reception of the first batch of components manufactured at the French port of Brest. The components hav

about 5 years ago
Riffgat offshore wind farm
Offshore Wind

An Industry First: Dutch Gas Platform to Run Entirely on Offshore Wind Power

Dutch oil & gas exploration and production operating company ONE-Dyas plans to power a platform at a North Sea gas extraction field solely by the electricity from the Riffgat offshore wind farm in the German part of the North Sea. ONE-Dyas, together with partners Hansa Hydrocarbons and EBN, aims to

about 5 years ago
An offshore wind farm
Offshore Wind

Offshore wind investments to reach $810 billion by 2030 – Rystad Energy

With the global installed offshore wind capacity expected to exceed 250 GW by 2030, the combined capital and operational expenditure (capex and opex) for the decade is set to reach $810 billion (approx. €670.2 billion), signaling an increasing shift of investments from oil and gas to renewable energ

about 5 years ago
Japan’s ”K” Line enters offshore wind market
Offshore Wind

Japan’s ”K” Line enters offshore wind market

Japanese shipping company Kawasaki Kisen Kaisha (”K” Line), and its domestic subsidiary Kawasaki Kinkai Kisen Kaisha have agreed to establish a joint venture company to provide services within the offshore wind industry. The new joint venture company, “K” Line Wind Service, will provide offshore sup

about 5 years ago
Vertical axis wind turbines at sea in wind farm formation, artist impression
Offshore Wind

Vertical turbines more efficient in large scale wind farms – Oxford Brookes University

New research from Oxford Brookes University has found that Vertical Axis Wind Turbines (VAWTs) are far more efficient in large scale (offshore) wind farms than the traditional Horizontal Axis Wind Turbines (HAWTs). Spinning around an axis vertical to the ground, VAWTs exhibit the opposite behaviour

about 5 years ago
A photo of the UK Burbo Bank offshore wind farm
Offshore Wind

Inter-array cable issue to leave €403 million mark on Ørsted

An inter-array cable issue on several Ørsted’s offshore wind farms in the UK and Continental Europe could have a total financial impact around DKK 3 billion (around €403 million) across 2021 to 2023, the company reported in its latest financial results. A cable failure was discovered during an inspe

about 5 years ago
Total buys into Taiwanese offshore wind
Offshore Wind

Total buys into Taiwanese offshore wind

French energy major Total has signed an agreement with wpd to acquire a 23 per cent interest in Yunlin Holding GmbH, the owner of the 640 MW Yunlin offshore wind farm in Taiwan. The project, currently under construction, represents production capacity of 640 MW and benefits from a 20-year guaranteed

about 5 years ago
Map of wind farms in the Baltic Sea off Estonia and Latvia
Offshore Wind

Latvia, Estonia exploring grid connection options for joint 1 GW OWF project

The transmission system operators (TSOs) in Latvia and Estonia, AS Augstsprieguma tikls (AST) and Elering AS, have signed a cooperation agreement to study possible solutions for connecting the two countries’ joint 1 GW offshore wind project in the Baltic Sea to their mainland grids. Latvia and Eston

about 5 years ago
Image showing FPP's floating wind and wave hybrid concept (Courtesy of Floating Power Plant)
Offshore Wind

FPP pockets €17.7M for floating wind and wave scheme off Canary Islands

Danish company Floating Power Plant (FPP) has secured €17.65 million in R&D tax credits for an offshore floating wind and wave project off the coast of the Canary Islands.

about 5 years ago
Wind turbine installation at Kriegers Flak offshore wind farm in Denmark
Offshore Wind

Kriegers Flak OWF generating electricity for Danish households

The Kriegers Flak offshore wind farm in the Baltic Sea, where half of the turbines have been installed so far, is already generating electricity for Danish households and has contributed to Vattenfall’s Q1 2021 results. The developer reported a decrease in electricity generation in the first quarter

about 5 years ago
A World Bank Global Wind Atlas map showing a heat map of areas with offshore wind potential
Offshore Wind

Ten places to keep an eye on for offshore wind

Over the past few years, and especially in 2020, new geographical areas have been getting onto the offshore wind map and are likely to have their first projects up and running in the next decade, or the time leading up to 2050 – when renewable energy and other energy transition developments should b

about 5 years ago
A photo of an offshore wind farm in sunset
Offshore Wind

Offshore wind FIDs to increase 57 per cent by 2022 – Westwood

Offshore wind energy projects final investment decisions (FIDs) will grow 57 per cent in the next 18 months, compared to the 2019-20 period, according to a new analysis from Westwood Global Energy Group. The global analysis, excluding mainland China, states that the FIDs growth represents an additio

about 5 years ago
An offshore wind farm
Offshore Wind

Wind turbines at sea account for 5 per cent of global wind energy capacity

Global installed offshore wind capacity increased in 2020 and reached around 5 per cent of total wind capacity, according to the latest statistics from the International Renewable Energy Agency (IRENA). Overall, wind energy expansion almost doubled last year with 111 GW, compared to 58 GW in 2019. O

about 5 years ago