Offshore Wind
Vattenfall: Sweden Must Up Its Offshore Wind Incentive Game
Swedish state-owned power company Vattenfall is hesitant to start any wind projects offshore Sweden due to the country’s incentive scheme being technology-neutral, Peter Tornberg, Vice President of Business Area Wind at Vattenfall, said. During the coming years, Vattenfall plans to invest around SEK
Belgium to Modify Support Scheme for Norther and Rentel OWFs
Belgian Council of Ministers has approved, on second reading, a draft bill to amend the system of granting green certificates for electricity produced by wind farms in the North Sea. The mechanism for granting of green certificates concerns Rentel (296MW) and Norther (350MW) offshore wind farms, and
First Ulstein Wind Farm SOV Breezing Through Sea Trials (Gallery)
Yno 309, Ulstein’s first wind farm service operation vessel (SOV) and the first of two ordered by Bernhard Schulte Offshore, left the yard for sea trials on Tuesday, 7 June, and the results so far are highly satisfactorily, the Norwegian ship designer and shipbuilder said. “We are underway in testin
Energinet.dk Seeks Marine Warranty Surveyor for Kriegers Flak Projects
Danish transmission systems operator Energinet.dk has invited tenders for a marine warranty surveyor for its Kriegers Flak AC and Combined Grid Solution (CGS) projects. Energinet.dk wants to purchase marine warranty services to ensure that marine operations carried out by sub-contractors are perform
TenneT Presents ‘Hub and Spoke’ Offshore Wind Concept (VIDEO)
TenneT has presented a ‘hub and spoke’ concept to set up a large European offshore electricity system that incorporates building of an island in the middle of the North Sea. Numerous wind farms can be connected to the artificial island – a total capacity of over 30 GW can be connected on an island o
TenneT Presents ‘Hub and Spoke’ Offshore Wind Concept (VIDEO)
TenneT has presented a ‘hub and spoke’ concept to set up a large European offshore electricity system that incorporates building of an island in the middle of the North Sea. Numerous wind farms can be connected to the artificial island – a total capacity of over 30 GW can be connected on an island o
Offshore Wind Industry Gearing Up for Vessel Directory 2016
The offshore wind industry will soon launch its latest reference guide: the Offshore WIND Vessel Directory 2016. The third edition of the directory, produced in close cooperation with the vessel builders and operators in the industry, offers an updated overview of the available vessels in the market
RTS Wind Sets Up UK Division in Colchester
Following earlier contracts in the UK wind sector, the Bremen-headquartered RTS Wind AG has decided to establish a British division to serve the potential in the growing UK on- and offshore sectors. With a shortfall of qualified staff throughout the industry expected in the UK, Ivo Lippe, CEO of the
MHI Vestas Ramping Up Blade Production in Nakskov
Due to an accelerated order pipeline for V164-8.0 MW projects, MHI Vestas Offshore Wind is ramping up blade manufacturing capacity in Nakskov, Denmark, to supplement its lead blade factory on the Isle of Wight, UK, where production has been ongoing since mid-2015. Previously, the factory in Nakskov
MAKE: Wind Market Outlook Split in Two Growth Periods
Two distinct growth periods, 2016 to 2020 and 2021 to 2025, split the wind power market’s global outlook in MAKE’s latest report due to upgrades to both the China and US markets that erase a previously expected growth peak in 2018. MAKE has upgraded the 2016 to 2020 outlook by 5.5%, due largely to a
MAKE: Wind Market Outlook Split in Two Growth Periods
Two distinct growth periods, 2016 to 2020 and 2021 to 2025, split the wind power market’s global outlook in MAKE’s latest report due to upgrades to both the China and US markets that erase a previously expected growth peak in 2018. MAKE has upgraded the 2016 to 2020 outlook by 5.5%, due largely to a
Massachusetts Offshore Wind, Hydropower Bill Passes by Landslide
Massachusetts House of Representatives yesterday passed a bill that requires power distribution companies to enter into long-term contracts to buy 1,200MW of offshore wind power by 2027. The H.4377 bill, which was passed by a landslide vote of 154:1, also requires distribution companies to solicit l
US Democratic Senators Introduce Offshore Wind Incentives Act
US Democratic senators Edward J. Markey, representing Massachusetts, and Sheldon Whitehouse, Rhode Island, have introduced The Offshore Wind Incentives for New Development (WIND) Act which would extend the 30 percent Investment Tax Credit for offshore wind through 2025. Last year’s omnibus bill exte
IPO Results Value DONG at EUR 13.2 Billion
DONG Energy has announced the results of its Initial Public Offering (IPO) through which 17.4% of the company’s shares have been allocated to more than 36,000 new investors at the final offer price of DKK 235 (EUR 31.6), leading to a market capitalisation of the company of DKK 98.2 billion (EUR 13.2