Page 105 - Offshore Wind News Today

The UK trade secretary has signed a milestone first-of-its-kind deal with Italy with an aim to push UK exports to £1 trillion in goods and services sales by 2030.

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Norway's Equinor (EQNR.OL) and its partner BP (BP.L) are seeking a 54% increase for the price of power produced at three planned offshore U.S. wind farms, according to a filing made by a New York state regulatory authority. ...In a petition filed with the New York State Public Service Commission in June this year, they requested enhanced offshore renewable energy credits compared with terms originally agreed.

Offshore wind service provider WINDEA Offshore GmbH & Co. KG and marine data acquisition specialist Subsea Europe Service GmbH have recently entered a...

WASHINGTON, D.C. — The Bureau of Ocean Energy Management posted this week a summary of six fisheries-focused meetings held in July on floating offshore wind energy in the Gulf of

Business and Trade Secretary Kemi Badenoch signs UK-Italy export and investment partnership boosting UK exports, help create jobs, increase wages and grow the economy.

On Friday, an auction for contracts to build new wind farms received zero bids from developers. It’s the first time that’s happened since the current system was introduced almost a decade ago, and it raises major questions about the UK’s environmental targets.

The world's largest offshore wind farm developer is preparing to walk away from US projects unless the Biden administration guarantees more support, Bloomberg reported. "We are still upholding a real option to walk away," Orsted CEO Mads Nipper told Bloomberg in an interview in London on Tuesday. Nipper continued, "But right now, we are still working towards a final investment decision on projects in America."

To compare, in 2022, wholesale electricity prices averaged about $92 in New England, $90 in New York and $83 in the PJM West Hub, which runs from western Pennsylvania to Washington, D.C., according to U.S. Energy Information Administration (EIA) data. One megawatt (MW) can power about 1,000 U.S. homes but since wind is an intermittent resource - 1 MW of offshore wind can power about 500 U.S. homes, according to offshore wind developers. VINEYARD WIND 1The 800-MW project off the coast of Martha...

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