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  • Global Offshore Wind Pipeline Blows Past 400 GW – RenewableUK

    29 September 2021
    Business & Finance, Industry

    The total pipeline of offshore wind projects around the world now stands at 413 GW, new research by RenewableUK’s Project Intelligence team has shown. The pipeline includes projects which are fully operational, under construction, consented or being planned. The UK has a total pipeline of 63.2 GW of offshore wind capacity. China is slightly ahead […]

  • Offshore Energy Opens Its Virtual Doors

    26 October 2020
    Business & Finance

    We are just hours away from the first Offshore Energy Virtual Event and the 14th edition of the Offshore Energy Exhibition & Conference (OEEC) overall. With numerous Live Talk Shows, Showcases, Energy Talks by experts, Live Interviews, Matchmaking, a digital Pub Quiz and a lot more, this edition promises to be an energetic, fruitful and inspiring event, […]

  • Global Floating Wind on Path to Miss 2030 Targets, Report Says

    14 November 2022
    R&D

    A new report, published by 4C Offshore, has revealed that many countries are falling behind their 2030 floating offshore wind targets, but there could be still a chance to meet them. According to the latest 4C Offshore’s Global Floating Wind report, targets for 2030 wind production from floating, rather than fixed, wind farms are set […]

  • Relentless Cost-Cutting Drive Is Hurting Wind Industry Supply Chain – K2 Management

    22 June 2022
    Business & Finance, R&D, Technology

    The relentless drive to reduce the levelized cost of electricity generated by wind is hindering the sector’s supply chain just when it needs to be accelerating deployment, according to renewable energy engineering and project management consultancy, K2 Management. The European wind industry needs to slow down in its attempts to further drive down the levelized […]

  • IRENA: Offshore Wind Capacity to Reach 228 GW by 2030

    19 October 2020
    Authorities

    Global offshore wind installed capacity will reach 228 GW by 2030, according to projections from the International Renewable Energy Agency (IRENA). Of the currently installed offshore wind capacity in the world, 90 per cent is located in Europe, mostly in the North Sea and the Atlantic Ocean. This is attributed to regional cooperation on interconnection, […]

  • MingYang Launches 16 MW Offshore Wind Turbine

    20 August 2021
    R&D, Technology

    Chinese wind turbine manufacturer MingYang Smart Energy has launched the MySE 16.0-242, said to be the world’s largest Hybrid Drive wind turbine with a nameplate capacity of 16 MW. The MySE 16.0-242, which was recently certified by DNV and China General Certification Center(CGC) for design, is scheduled for full prototype rollout in 2022, to be […]

  • China Dominates Offshore Wind Rankings, Global Operating Capacity at 55 GW – WFO

    7 September 2022
    Business & Finance, Industry

    6,759 MW of offshore wind capacity went into operation during the first six months of 2022 compared to 1,627 MW during the same period a year earlier, World Forum Offshore Wind (WFO) said in its Global Offshore Wind Report HY1 2022. This growth was mainly driven by China which installed 5.1 GW of new offshore […]

  • Bottlenecks Loom Unless Installation Vessels Keep Pace with Super-Sized Wind Turbines – Report

    2 February 2022
    Vessels

    Offshore wind turbines are growing in size as technology advances and demand for renewable energy soars but installing them could be a headache for operators as demand will outpace the supply of capable vessels by 2024, Rystad Energy research shows. Operators will have to invest in new vessels or upgrade existing ones to install the […]

  • Offshore Wind Revenue/MWh to Drop 66 Per Cent Between 2014 and 2025 – WoodMac

    23 December 2021
    Business & Finance

    Offshore wind projects coming online in 2021 are getting revenues that are on a EUR per MWh basis on average 55 per cent lower than in 2014, according to Wood Mackenzie. And the most recent bids and WoodMac’s projection show that revenues in 2025 will be 25 per cent lower than in 2021, the energy […]

  • Offshore Wind to Account For 80 Per Cent of Infrastructure at Sea by 2050 – DNV

    9 March 2023
    Collaboration, Infrastructure, Market Outlooks, Outlook & Strategy, Transition

    The amount of ocean space occupied by installations will grow five-fold by 2050, driven by offshore wind, which will account for 80 per cent of stationary infrastructure at sea by midcentury, followed by aquaculture (13 per cent) and oil and gas (5 per cent), according to DNV. Whilst ocean space is plentiful, industrial activity will […]

  • Wind Firms Cannot Afford to Ignore Increasing Cyber Security Threats – DNV

    8 December 2022
    Operations & Maintenance, R&D, Technology

    The following article is a guest post by Alexander Hansen Bakken, Cyber Security Consultant, DNV. DNV’s 2022 Energy Transition Outlook, an independent model of the world’s energy systems, forecasts that wind energy will grow 10-fold by 2050, boosted by cheaper turbines and improvements in operation and maintenance. This transformation is deeply dependent on energy infrastructure […]

  • Offshore Wind to Account for Half of Blue Economy Capital Expenditure by 2050 – DNV

    16 December 2021
    Business & Finance, Jobs & Recruitment

    Offshore wind will grow from a small base to account for 50 per cent of ocean capital expenditure (capex) in 2050, according to DNV’s Ocean’s Future to 2050 report. Currently, 80 per cent of capex in the Blue Economy is invested in the offshore oil and gas sector, but by 2050 that number will have […]

  • Vestas Targets Zero-Waste Wind Turbines by 2040

    13 October 2021
    Business & Finance, Environment, R&D, Technology

    Vestas has launched a new circularity roadmap detailing a set of commitments to be implemented across the company’s value chain to accelerate the journey to reach zero-waste turbines by 2040. Through the roadmap, Vestas aims to set a new benchmark for the wind industry within circularity and waste reduction as the first wind industry leader […]

  • GWEC: Offshore Wind Preparing for New Era of Dramatic Growth

    1 July 2022
    Industry

    Offshore wind had its best year ever last year with 21.1 GW of new installations bringing global capacity to 56 GW, with China contributing 80 per cent of new offshore installations in 2021, leading offshore wind for the fourth year in a row. This is according to the latest Global Offshore Wind Report launched by the Global […]

  • World Bank Drafts Offshore Wind Development Steps for Emerging Markets

    5 October 2021
    Authorities, Business & Finance

    The World Bank’s Energy Sector Management Assistance Program (ESMAP) has published a report for emerging offshore wind markets, leading them through key factors that led to the success of offshore wind development in established markets. Holding an unrealised potential of over 16,000 GW of technically extractable offshore wind resources, emerging markets are facing numerous technical, […]

  • GE Haliade-X Offshore Wind Turbine Reaches 14 MW Output

    5 October 2021
    R&D, Technology

    GE Renewable Energy’s Haliade-X prototype in Rotterdam, the Netherlands, has started operating at 14 MW. With this new milestone, GE Renewable Energy becomes the first industry player to operate a turbine at this power output, the turbine maker said. The Haliade-X 14 MW is an uprated version of the Haliade-X 13 MW, which received its […]

  • OREAC: 1.4 TW of Offshore Wind by 2050 Achievable

    8 June 2020
    Business & Finance, Environment, Jobs & Recruitment

    1,400 GW of offshore wind globally by 2050 is entirely achievable considering the resource potential, technology innovation, and government appetite to position offshore wind at the centre of the global energy transition, the Ocean Renewable Energy Action Coalition (OREAC) said. OREAC estimates that offshore wind could provide around 24 million years of employment, defined as […]

  • Offshore Wind Cable Market to Grow Six-Fold This Decade – RenewableUK

    16 November 2021
    Business & Finance, Contracts & Tenders, Grid Connection

    The market for offshore wind farm cables is set to grow six-fold over the course of this decade, according to a new report published by RenewableUK. The global market for subsea power cables is divided between array cables which run between the turbines of an offshore wind farm connecting them to the offshore substation, and […]

  • Troubled Waters? – Managing Risk in Floating Offshore Wind

    18 May 2022
    Business & Finance, Contribution, Industry, Operations & Maintenance

    The following article is a guest post by Jonathan Morton, Associate at the international commercial law firm Haynes and Boone. The embrace of floating offshore wind has come surprisingly fast. There is already talk of floating wind sites with more than 100 turbines being built by 2032, and the interest and investment in the industry […]

  • Petrofac and Hitachi Energy Form Offshore Wind Partnership

    28 June 2022
    Business & Finance, Grid Connection, Technology

    Transmission, distribution, and grid automation solutions provider Hitachi Energy has entered into a collaboration with Petrofac to provide grid integration and associated infrastructure to support the offshore wind market. This collaboration builds on the complementary core technologies and expertise of both companies in offshore wind to support the decarbonization of power systems and deliver clean […]

  • GWO, GWEC to Outline Offshore Wind Workforce Training Needs

    12 April 2022
    Industry

    The Global Wind Energy Council (GWEC) and the Global Wind Organisation (GWO) have signed an agreement to map out workforce training needs in support of renewable energy development. According to the organisations, the two-year agreement outlines the importance of safety, training, and job creation to support wind energy development and the global energy transition. GWO […]

  • PowerX Reinventing Offshore Energy Transfer with Power Ark Vessels – Guest Post

    26 May 2022
    Grid Connection, Industry, Ports & Logistics, R&D, Technology, Vessels

    The following article is a guest post by Una Softic, a Global Partnerships Advisor at PowerX. Japanese company PowerX is addressing renewable energy transfer challenges with strategic partners in Japan and globally, developing a power transfer vessel – Power Ark, and building a large-scale battery assembly facility – Power Max. PowerX is set to solve […]

  • UK Offshore Wind O&M Market for Robotics to Double by 2050

    23 September 2021
    Business & Finance, Operations & Maintenance, Technology

    Accelerating the development of robotics and autonomous systems (RAS) will be a significant enabler to reaching net-zero targets, according to new research from the Offshore Renewable Energy (ORE) Catapult, which estimates that the global robotics market in the wind energy industry, both offshore and onshore, will be worth GBP 1.3 billion (around EUR 1.5 billion) […]

  • Offshore WIND Publishes 2019 International Business Guide

    8 February 2019

    Offshore WIND, part of Navingo BV, has released its 2019 business guide for the offshore wind industry. The 8th edition of the Offshore WIND International Business Guide features 70 full company profiles, with 141 companies joining us online. This year’s publication – issued in 3,000 copies – also contains six market outlooks. While the companies […]