Offshore Wind
Anglesey Councillor Disappointed About Axed Wind Farm
Councillor Ieuan Williams has expressed disappointment that plans to develop a large scale wind farm – off the Anglesey coast – will no longer go ahead. The proposed 2.2GW Rhiannon Wind Farm, developed by Celtic Array Ltd. (a joint venture ownership of DONG Energy and Centrica), would have been loca
Anglesey Councillor Disappointed About Axed Wind Farm
Councillor Ieuan Williams has expressed disappointment that plans to develop a large scale wind farm – off the Anglesey coast – will no longer go ahead. The proposed 2.2GW Rhiannon Wind Farm, developed by Celtic Array Ltd. (a joint venture ownership of DONG Energy and Centrica), would have been loca
UK Presents 2014 Energy Statistics
The Department of Energy and Climate Change today releases 4 key publications: the Digest of United Kingdom Energy Statistics 2014, UK Energy in Brief, Energy Flow Chart, and Energy Consumption in the United Kingdom (web only) providing detailed analysis of production, transformation and consumption
Damen Refurbishes Two Seajacks Vessels
‘Seajacks Leviathan’ and ‘Seajacks Kraken’ are prepared for their coming assignments, following a series of repair and renewal jobs by Shipdock Amsterdam. The shipyard, part of Damen Shiprepair & Conversion, had been commissioned for the two jack-ups by Seajacks UK Ltd. The Great Yarmouth (United Ki
SI Ocean Publishes Tidal and Wave Strategy for Europe
Funded by the Intelligent Energy Europe programme, the SI Ocean project’s Market Deployment Strategy makes several high-level recommendations for commercialising the emerging wave and tidal energy sectors. In their report they present the key barriers to market deployment for wave and tidal energy t
RenewableUK Comments on Celtic Array Withdrawal
Commenting on the announcement by Centrica and DONG Energy that they have jointly decided to cease developing wind farms in the Irish Sea Zone via their joint venture, Celtic Array Ltd, RenewableUK’s Director of Offshore Renewables, Nick Medic, said: “Although it’s disappointing that this particular
RenewableUK Comments on Celtic Array Withdrawal
Commenting on the announcement by Centrica and DONG Energy that they have jointly decided to cease developing wind farms in the Irish Sea Zone via their joint venture, Celtic Array Ltd, RenewableUK’s Director of Offshore Renewables, Nick Medic, said: “Although it’s disappointing that this particular
Centrica H1 Profit Drop 31 Pct
Centrica reported a profit drop of 31% to GBP 530 million for the first half of 2014 mostly due to loss of GBP 70 million in its gas-fired division. Mild weather in the UK and the Polar Vortex in North America also contributed to this result. Revenues rose 15% to GBP 15.7 billion while operating [&h
Crown Estate Approves Offshore Wind Project Casing
The Crown Estate can today announce that it has agreed to Celtic Array Ltd’s request to end its offshore wind zone agreement for the Round 3 Irish Sea Zone, allowing developers, DONG Energy and Centrica, to cease development activity and terminate their seabed rights. Head of Offshore Wind, Huub den
Centrica, Dong Drop Celtic Array
Centrica plc and DONG Energy have today jointly decided to cease development of wind farms in the Irish Sea Zone through their 50/50 joint venture vehicle Celtic Array Limited (“Celtic Array”). The decision to stop development comes as a result of an assessment of the Zone, which has confirmed chall
Siemens Energy Sector Profit Down to EUR 405 Mln
In the third quarter of fiscal 2014, Siemens posted strong results in most areas, which were affected by challenges in the Energy Sector. Net income rose to €1.4 billion, from €1.1 billion in the prior-year-period. Corresponding earnings per share increased to €1.62 year-over-year from €1.27. Total
Siemens Energy Sector Profit Down to EUR 405 Mln
In the third quarter of fiscal 2014, Siemens posted strong results in most areas, which were affected by challenges in the Energy Sector. Net income rose to €1.4 billion, from €1.1 billion in the prior-year-period. Corresponding earnings per share increased to €1.62 year-over-year from €1.27. Total
Mammoet Plans to Sell Part of Maritime Fleet to Hebo Maritiemservice
Mammoet Europe B.V., based in Schiedam, The Netherlands, has expressed its intention to sell the largest part of its maritime fleet to the Dutch company Hebo Maritiemservice B.V. This decision was made after review of Mammoet’s company portfolio. As Mammoet increases its focus on offshore activities
Clifford Chance Advises Banks Involved in Westermeerwind
A group of banks led by ING and Rabobank in the role of structuring banks acted as financiers of the Westermeerwind wind farm in the Noordoostpolder that reached financial close. In addition to ING and Rabobank, ASN Bank and Triodos Bank were also is involved and Danish export credit agency EKF guar