The new EU energy security strategy REPowerEU wants wind energy to more than double the 200 GW installed today by 2030. This requires massive investments in new and existing industrial production capacities, and across the whole supply chain – from installation vessels to cranes, ports, research and innovation, grids, and skilled workers. But the wind … Continue reading Europe must boost the competitiveness of its wind supply chain
Continue readingMonthly Archives: February 2023
ACP Applauds First-ever Gulf of Mexico Offshore Wind Lease Sale
The American Clean Power Association (ACP) issued a statement today following the announcements by the Bureau of Ocean Energy Management (BOEM) and the Department of the Interior (DOI) advancing the first-ever offshore wind lease sale in the Gulf of Mexico. DOI has announced a Proposed Sale Notice, which initiates a 60-day public comment period and … Continue reading ACP Applauds First-ever Gulf of Mexico Offshore Wind Lease Sale
Continue readingBiden administration proposes offshore wind in Gulf
The Biden administration on Wednesday proposed the first-ever offshore wind power generation lease sales in the Gulf of Mexico, off the coasts of Texas and Louisiana. In addition, California and Louisiana are joining Atlantic Coast governors and the Biden administration in the Federal-State Offshore Wind Implementation Partnership. These actions and new lease sales last year … Continue reading Biden administration proposes offshore wind in Gulf
Continue readingRenewable Power Capital and Tundra Advisory (Taiga Mistral Group) announce a joint venture to develop up to 1GW of onshore wind in Poland
Renewable Power Capital (RPC) has announced its entry into the onshore wind market in Poland, partnering with Tundra Advisory (Tundra) to develop a pipeline of up to 1 GW of onshore wind projects across the country. The partners have already identified over 500 MW of potential sites. The deal is subject to regulatory approval in … Continue reading Renewable Power Capital and Tundra Advisory (Taiga Mistral Group) announce a joint venture to develop up to 1GW of onshore wind in Poland
Continue reading60% of Wind industry professionals believe Floating Offshore Wind will reach full commercialization without subsidies by 2035
DNV, the independent energy expert and assurance provider, has published new research about the industry’s perception of the growing market for floating offshore wind and its possibilities for mass commercialization.The research, which surveyed 244 developers, investors, manufacturers, advisors and operators across the globe, found that 60% of respondents think floating offshore wind will reach full … Continue reading 60% of Wind industry professionals believe Floating Offshore Wind will reach full commercialization without subsidies by 2035
Continue readingUK capacity auction for delivery in 2026/27 finished: RWE secured 6,638MW of capacity agreements
The T-4 Capacity Market auction has completed for delivery 2026/27. The EMR Delivery Body (National Grid ESO) has announced that the capacity auction has cleared at £63/kW/yr and 43,001MW of capacity has been secured for the UK. A provisional list of the UK assets that have successfully secured an Agreement can be viewed here. This … Continue reading UK capacity auction for delivery in 2026/27 finished: RWE secured 6,638MW of capacity agreements
Continue readingDecline in demand and gas prices lead to a fall in prices in European electricity markets
In the third week of February, prices of almost all European electricity markets fell compared to the previous week due to the decrease in demand and gas prices, as well as the increase in wind and solar energy production in some markets. On the other hand, TTF gas futures reached the lowest settlement price since … Continue reading Decline in demand and gas prices lead to a fall in prices in European electricity markets
Continue readingRecord investments of €10.73 bn enable Iberdrola to achieve a net profit of €4.3 bn
Financial Highlights Business Model Resilience in the challenging macro context Operational Highlights ESG Performance 2023 outlook Iberdrola continues to take firm steps in its commitment to accelerate the energy transition and reduce dependence on fossil fuels. The company made historic investments of €10.73 billion, 13% more than in the same period last year, despite inflationary … Continue reading Record investments of €10.73 bn enable Iberdrola to achieve a net profit of €4.3 bn
Continue readingInvestments in Renewables Reached Record High, But Need Massive Increase and More Equitable Distribution
The report Global Landscape of Renewable Energy Finance 2023 reveals that global investment in energy transition technologies last year—including energy efficiency—reached USD 1.3 trillion. It set a new record-high, up 19% from 2021 investment levels, and 50% from before the pandemic in 2019. The joint report by the International Renewable Energy Agency (IRENA) and Climate … Continue reading Investments in Renewables Reached Record High, But Need Massive Increase and More Equitable Distribution
Continue readingVattenfall and Stromma invest in electric boats
Vattenfall and Stromma Group are investing in silent, emission-free electric sightseeing boats. Starting with Amsterdam’s canal boats, which will be fully electrified by 2025. The Stromma Group, with operations in six countries and 19 destinations such as Amsterdam, Berlin, Copenhagen, Oslo, Helsinki and Stockholm, has entered into a partnership with Vattenfall to electrify Stromma’s boat … Continue reading Vattenfall and Stromma invest in electric boats
Continue readingRWE submits planning approval documents for hydrogen storage facility in Epe, Gronau
This week, RWE Gas Storage West submitted planning approval documents to Arnsberg District Government for the construction of a hydrogen storage facility in Epe, Gronau by way of an amendment to the existing general operating plan. Once it has received and reviewed the approval documentation, Arnsberg District Government will promptly publish the application documents. RWE announced … Continue reading RWE submits planning approval documents for hydrogen storage facility in Epe, Gronau
Continue readingIberdrola joins the Asturian Exiom to lead the manufacture of photovoltaic solar panels in Spain
Iberdrola and the Asturian business group Exiom have created an alliance to lead the manufacture of photovoltaic solar panels in Spain. Thus, both companies will locate in the Asturian municipality of Langreo the first large photovoltaic construction plant in the country and one of the first on an industrial scale in Europe. The solar panel … Continue reading Iberdrola joins the Asturian Exiom to lead the manufacture of photovoltaic solar panels in Spain
Continue readingNordex starts series production of its 6MW wind turbines in Rostock
Accompanied by Jochen Schulte, State Secretary in the Ministry of Economic Affairs, Infrastructure, Tourism and Labour of the State of Mecklenburg-Western Pomerania, plant manager, Alexander Farnkopf, and in the presence of around 800 colleagues, our CEO José Luis Blanco today pressed the start button for the series production of the 6MW class wind turbine nacelles. … Continue reading Nordex starts series production of its 6MW wind turbines in Rostock
Continue readingU.S. State Demand for Offshore Wind Nearly Doubled in 2022, Despite Economic Headwinds
Demand for offshore wind in the United States nearly doubled in 2022 and investments in the market tripled, marking not only a transformative year, but an inflection point when the industry began its transition to commercial-scale operations. The Business Network for Offshore Wind, the leading non-profit representing more than 500 businesses working to accelerate offshore … Continue reading U.S. State Demand for Offshore Wind Nearly Doubled in 2022, Despite Economic Headwinds
Continue readingDenmark will auction a total of 9 GW of offshore wind energy in 2023
Denmark plans to tender 9 GW of new offshore wind capacity to increase its offshore wind capacity fivefold by 2030. The government and authorities are working to ensure it is quickly clarified whether offshore wind turbine projects and other renewable energy projects under the open door scheme break EU law, the ministry said.However, in parallel … Continue reading Denmark will auction a total of 9 GW of offshore wind energy in 2023
Continue readingEDF Renewables acquires a floating offshore wind project in Australia
The Australian subsidiary of EDF Renewables has acquired the Newcastle Offshore Wind Farm, a floating offshore project under development near the Port of Newcastle, Australia. The project is planned for the Hunter?Central Coast Renewable Energy Zone (REZ) as part of the NSW Government Electricity Infrastructure Roadmap. It will be developed in stages to support the … Continue reading EDF Renewables acquires a floating offshore wind project in Australia
Continue readingRotor extension upgrade provides up to 20% AEP increase
The Nordex Group just realized its first rotor extension project. Seven N100 Gamma turbines of a French wind farm have been successfully upgraded.Turbines developed decades ago can benefit substantially from technology upgrades. By upgrading to state-of-the-art technology, a turbine’s efficiency and performance can improve, cutting running costs and ensuring they remain low in the long … Continue reading Rotor extension upgrade provides up to 20% AEP increase
Continue readingAcciona Energía signs PPA with Sofidel for the supply of 100% renewable energy to its plant in Buñuel
ACCIONA Energía has signed a 10-year power purchase agreement (PPA) to supply 100% renewable electricity to Sofidel, one of the world leaders in the tissue paper production market for hygienic and domestic use. Through this contract, ACCIONA Energía will supply more than 90GWh/year of renewable electricity from its renewable energy facilities in Spain to Sofidel’s … Continue reading Acciona Energía signs PPA with Sofidel for the supply of 100% renewable energy to its plant in Buñuel
Continue readingIberBlue Wind announces Botafogo, its first offshore wind power in Portugal with 990 MW
Located off the coast of Figueira da Foz, the project is made up of 55 wind turbines. The park will be built at a distance of between 30 and 50 km from the coast on floating platforms anchored to the seabed.IberBlue Wind, a joint venture set up to promote floating offshore wind farms in the … Continue reading IberBlue Wind announces Botafogo, its first offshore wind power in Portugal with 990 MW
Continue readingTowards new methods for designing wind turbines
The height of wind turbines and the length of their blades are increasing apace. As a result, the huge forces exerted on the blades and rotor hub are becoming even greater. Calculating how wind behaves at a wind farm and what that means for the levelized costs of energy has many uncertainties. TNO, together with … Continue reading Towards new methods for designing wind turbines
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