Page 81 - Offshore Wind News Today

Statkraft has acquired two companies in onshore and offshore wind power: Njordr Offshore Wind AB, which develops offshore wind power and Svevind Nordic AB, a development company in onshore wind power.

Utility industry news and analysis for energy professionals.

Reflecting the warnings that stem from supply chain snarls and a failed bid to seek more profitable contracts with New York regulators, the average analyst estimate pegs adjusted net income for the third quarter at a loss of 12 billion kroner. That would be the worst quarterly loss since 2015 when the company was called Dong Energy A/S and focused more on fossil fuels and conventional electricity. The results from the world’s biggest builder of offshore wind parks are...

"It's not about NIMBYism, you know, it's not about 'put it somewhere but not here,'" he said. "It's about the marine environment. Here, we share the whale populations moving up and down the coast of Australia with lots of small coastal communities like this one. "I think we could do much better, and if the [federal government] listens to communities like this one, we'll come up with a good plan."

Norway's Equinor (EQNR.OL) booked a $300 million impairment on its U.S. offshore wind power portfolio on Friday after New York officials rejected a request for better terms, but said the state's continued commitment to the technology still offered hope. The charge, announced during Equinor's earnings, comes two weeks after New York regulators turned down the company's petition to renegotiate the terms of its offshore wind projects because of soaring costs and supply chain con...

The energy “market” is not really much of a market at all, not when it comes to green energy. The Government underwrites wind and solar through “contracts for difference” – guaranteeing operators a minimum “strike price”, rising with inflation, for every megawatt-hour of electricity they generate over 15 years. The trouble is that wind farm developers will no longer accept the strike prices offered. Last time the Gove...

No new wind farms will be built off Britain’s shores unless the Government lets operators earn more money from the electricity they produce, the chief of the nation’s biggest generator has said. Tom Glover, country chair of RWE’s UK arm, said the price offered by the Government to wind farm operators must rise by as much as 70pc to entice companies to build. Developers must be offered between £65 and £75 per megawatt hour (MwH) ...

The governor said this week it will be the largest state investment in renewable energy in U.S. history.

Siemens Energy, which was carved out of Germany’s Siemens conglomerate in 2020, describes itself as a victim of its own success. Fast-growing orders for equipment needed for the rapid building of new electrical systems to replace fossil fuels have stretched its finances. Even as it seeks government help, the company says there are €110 billion worth of orders on its books. As a result, the company says it no longer has the credit strength to provide the performance gu...

And Dr de Lestang said is was not just lobsters that were potentially affected. "It's the large whales and the dolphins and all the demersal fin fish stocks such as dhufish and snapper as well," he said.  Danish company Copenhagen Energy has plans to build four offshore windfarms in WA, including what would be one of the world's largest windfarms off the coast of Binningup.