300 results found for 'Hornsea Three'

300 results found for 'Hornsea Three'
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  • Ørsted Anticipates ‘Significantly Higher’ Offshore Earnings in 2023; Plans EUR 7 Billion in Gross Investments

    1 February 2023
    Business & Finance

    Ørsted reported an EBITDA of DKK 21.1 billion (approximately EUR 2.84 billion) for 2022 and expects this year’s operating profit to be in the similar range, between DKK 20 billion and DKK 23 billion (approx. EUR 2.67 billion and EUR 3.09 billion). For its offshore business, the developer anticipates 2023 earnings to be “significantly higher”. […]

  • Offshore Wind Investments to Reach USD 810 Billion by 2030 – Rystad Energy

    30 April 2021
    Business & Finance

    With the global installed offshore wind capacity expected to exceed 250 GW by 2030, the combined capital and operational expenditure (capex and opex) for the decade is set to reach USD 810 billion (approx. EUR 670.2 billion), signaling an increasing shift of investments from oil and gas to renewable energy technologies, according to a report […]

  • Mercurio Plastics Shipyard ‒ Offshore wind: A challenging market

    15 October 2012

    Spanish Mercurio Group found that attending the SeaWorks trade fair in Southampton lead to dedicated shipbuilding for the offshore wind industry. In 2011 they were commissioned by offshore logistics provider Tidal Transit to build two purpose built support vessels for this sector. The Ginny Louise arrived in December 2011 and started work on Greater Gabbard […]

  • Two Offshore Wind-to-Hydrogen Projects Withdraw from UK’s First Electrolytic Allocation Round

    18 August 2023
    Authorities, Business & Finance, Contracts & Tenders, Floating Wind, Power-to-X

    An Ørsted-Phillips 66 partnership and ERM have withdrawn their Gigastack and Dolphyn projects, respectively, from the UK’s first electrolytic allocation round (HAR1). While ERM has made the move as it aims at securing alternative funding for a phased multi-unit larger development, Ørsted and Phillips 66 have now halted their Gigastack project. Both projects involve producing […]

  • Ørsted and Esvagt Investing in ‘World’s First’ Green Fuel Service Operation Vessel

    8 April 2022
    Operations & Maintenance, Ports & Logistics, Technology, Vessels

    Ørsted and Esvagt have decided to invest in what the companies describe as the world’s first service operation vessel (SOV) that can operate on green fuels. The SOV will be powered by batteries and dual-fuel engines, capable of sailing on renewable e-methanol, produced from wind energy and biogenic carbon, which will lead to a yearly […]

  • UPDATED: Irish Government Designates 900 MW Area for Next Offshore Wind Auction, Work on Tender Design Underway

    14 July 2023
    Authorities

    NOTE: The original article “Irish Government Designates 700 MW Area for Next Offshore Wind Auction, Work on Tender Design Underway”, published on the 14th of July, has been updated following information from the Irish Department of the Environment, Climate and Communications (DECC) that the grid capacity available for auction in ORESS 2.1 has been upgraded from […]

  • UK: Scarborough Enters into Offshore Wind Industry

    13 September 2013

    The first offshore wind support vessel ever to be based in Scarborough harbour took up its berth at the weekend. The vessel’s arrival marks the start of what Yorkshire’s business community predict will be a brand new industry for the coastal area, which in the longer term is set to bring a wealth of benefits […]

  • Port of Zeebrugge: Zeebrugge modest place for offshore wind

    11 January 2012
    Ports & Logistics

    The Port of Zeebrugge does not deny Ostend its place under the sun when it comes to positioning itself as the place to be for involvement in the offshore wind industry. Yet, it will wholeheartedly welcome the maritime contractor and towage company Jan de Nul, which will construct 16 concrete foundations for a wind farm […]

  • UK: REF Responds to DECC on Offshore Wind Farms’ Costs

    6 February 2013
    Authorities

    Renewable Energy Foundation (REF) has responded to the Department of Energy & Climate Change (DECC) by writing a letter to Rt Hon Ed Davey, Secretary of State for Energy & Climate Change, after the news published a few days ago, where DECC was quoted as saying that REF’s figures regarding the future subsidy income for the […]

  • Hornsea Two to Power Industrial Scale Offshore Wind-to-Hydrogen Plant from 2025

    15 November 2021
    R&D, Technology

    The consortium behind the Gigastack offshore wind-to-hydrogen project plans to have a 100 MW electrolyser system up and running in the Humber, UK, in 2025. ITM Power, Ørsted, Phillips 66, and Element Energy have now published a report, highlighting the progress made on the project to date and describing the pathway to a final investment […]

  • UK: Winners of Humber Renewables Awards 2012

    13 March 2012

    EVER since Siemens announced its intention to build a £230 million wind turbine factory in Hull in December 2010, the region has been waking up to the wealth of opportunities that the renewables industry will offer. But renewables is about so much more than wind power alone, and many companies have already started devising new […]

  • Offshore ReWIND: The Most Read News in the First Half of 2017

    21 July 2017
    Business & Finance, Grid Connection, Technology, Vessels

    To remind you of just how interesting the first half of 2017 was, the Offshore WIND editorial staff compiled a list of the most read articles published during first six months of this year. Even though the industry has been notably active since the beginning of July as well, our team has decided to set the time parameter to end with 30 June and thus provide a new overview in addition to our annual Offshore ReWIND.

  • THE FOUNDATIONS OF THE INDUSTRY: The next generation

    6 October 2015

    The offshore wind industry is not really doing anything exceptional when it comes down to the basics. Wind turbine generators, WTGs, have been around onshore since one of the first electricity-generating wind turbines was built to power a holiday home in 1887 in Marykirk, Scotland. Offshore platforms were built in the early 20th century for […]

  • Hornsea Project Three

    30 May 2017