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DNV, the independent energy expert and assurance provider, has been retained by PGE Baltica (a subsidiary of PGE Capital SA, responsible for offshore wind developments) for the provision of technical and commercial advisory services in connection to setting up a joint venture structure between PGE (Polska Grupa Energetyczna S.A.) and Ørsted for the development of two offshore wind projects in the Baltic Sea with a total potential capacity of up to 2.5 GW. Following the passing of Poland’s first Offshore Wind Act in January this year, it is expected that these offshore wind farms will play a key role in energy transformation of Poland towards a low-emission economy, contribute to ensuring energy security of the state while significantly reducing its CO
By Reuters Staff
2 Min Read
FILE PHOTO: The logo of BP is seen at a petrol station in Kloten, Switzerland October 3, 2017. REUTERS/Arnd Wiegmann/File Photo
NEW YORK (Reuters) - Offshore wind is at an “inflection point” for growth as costs for the renewable power source fall and technologies advance, BP’s zero carbon energy executive said at a conference on Thursday.
“The offshore wind potential is global and (we) should expect more countries around the world to follow suit,” Felipe Arbelaez, a senior vice president at BP PLC., said at IHS Markit’s CERAWeek virtual conference.
The cost of offshore wind development has fallen quickly in recent years as technologies improve and larger projects are deployed, Arbelaez said.
Updated: 1:07 PM EST Mar 4, 2021
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Show Transcript OUTPOURING OF SUPPORT THIS MONTH. TALK ABOUT THIS BEAUTIFUL FORECAST. MICHELLE IT IS GORGEOUS. IT WILL HELP IF WE HAVE TEMPERATURES THAT REMAIN IN THE 60’S EVERY TUESDAY, OR 70’S. I’M NOT PICKY, TOO MUCH CONDITIONS WITH 24 HOUR EARTHQUAKE REPORTS THAT I WANT TO MENTION, THIS COMING IN FROM THE ALLEGHENY COUNTY AREA. ANOTHER LITTLE QUAKE AT ABOUT 2.0. SOME FOLKS MIGHT HAVE CATH THAT FELT THAT IN ALLEGHENY COUNTY. WE TALKED ABOUT IT SINCE THE BIG EARTHQUAKE LAST YEAR, THE SECOND TIME WE HAD SEEN MORE THAN A 2.3 TO 3.0 IN THE LAST 100 YEARS. THIS IS IMPRESSIVE. THIS ONE ONLY AT A 2.0 ON THE RICHTER SCALE ON MAGNITUDE LEVEL. A LOT OF FOLKS MIGHT HAVE FELT A LITTLE SHAKY OR FELT SOMETHING OUT THERE TODAY. 16 DAYS UNTIL SPRING. AVERAGE HIGH OF 62 DEGREES, AND MORNING LOWS AROUND 40 DEGREES. THAT IS WHAT WE WOULD LOOK FORWARD TO. WE ARE LOOKI FORWARD TO YOUR EQUINOX COMING UP, BEAUTIFUL CONDITIONS RI
The weather charts indicate that the country will be affected by southeasterly to southwesterly winds with light to moderate speed on Friday, Qatar Meteorology Department (QMD) said in their weather report.