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The announcement of the cancellation of the proposed Argyll Array on 11 th December last year, following on from similar news two weeks previously, concerning the Atlantic Array, in the Bristol Channel, both principally due to adverse ground conditions, has highlighted the critical importance of necessary, but ever-more cost effective, site investigation solutions for these […]
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Currently most of the licences for offshore wind farm development zones are granted with a lease period of 20 to 25 years. As a consequence the turbines have to be built to last for at least that period. There are several elements that can affect the life span of a turbine once it is installed […]
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C-Power is pleased to announce that it has closed the financing of the second and third phases of the offshore wind farm on the Thornton Bank (located about 30 km in the North Sea off the Belgian coast). A group of 7 commercial lenders: KBC, Rabobank, Société Générale, KfW Ipex-Bank, Commerzbank, Dexia and ASN Bank […]
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The wind energy market is experiencing rapid growth worldwide and has doubled in size every 3 years for the past 30 years. It is expected to have generated 331 TWh in 2010 alone, amounting to 1.6% of global energy consumption. This expansion requires new manufacturing plant including facilities for large composite blades. Applied Market Information […]
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By Liviu Galatanu, BD&I Director, GLO Marine The apparently long-term decline in oil prices has undoubtedly hit the offshore oil & gas (O&G) industry hard. Suppliers of platform / offshore supply vessel (PSV / OSV) services to the sector in particular find themselves with excess assets and the need to either sell them or put […]
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The free deck area on board a wind farm installation vessel is, of course, a finite space which is defined by the length and beam of the vessel when it was built. The area that is accessible to the vessel’s cranes installed in the shipyard is also finite, defined by the position of the crane […]
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Poland The first efforts aiming at the development of the offshore wind farms in Poland took place in the last decade but were unsuccessful due to controversial location (within Natura2000), unfavourable legislation and the lack of relevant knowledge of public administration. Development of the technology and successful implementation of investment projects in other EU countries […]
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SSE plc will today hold its Annual General Meeting in Bournemouth. This Interim Management Statement summarises SSE’s performance since the start of the current financial year, which began on 1 April 2012, and includes updates on operations and investments in SSE’s Networks, Retail and Wholesale businesses and on the financial outlook. Operations In the three […]
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Aside from upfront costs, the maintenance of offshore wind farm assets represents a sizeable cost of any project. It is therefore in the renewable industry’s interests to find ways to drive down this cost – while all the time guaranteeing the integrity of its installations. This article explains how a maintenance regime that borrows from […]
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A few months ago Spanish energy giant Iberdrola was crowned the world’s largest wind energy developer with an operating portfolio of more than 14,000MW. The promotion of offshore wind energy is a key platform for Iberdrola’s future growth plans. Iberdrola’s Offshore Business Division, based in Scotland with offices in London, Berlin and Paris, is busy […]
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The Board of Directors of Prysmian S.p.A. has approved today the Company’s consolidated financial statements and separate financial statements for 2011 . ” Technological innovation and production flexibility have enabled the Group to achieve more than satisfactory results even in a market where signs of recovery are still weak – comments CEO Valerio Battista. Financial […]
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Wind turbines operating in Spain show important seasonal behavior. Total electricity generated by wind power was more than 42,702 GWh. The promotion of renewable energies has been a stable national policy for several years. All political parties have similar policies regarding support of renewable energies. The main tools within this policy at a national […]
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Now recognised as one of the world’s leading wind developers and Independent Renewable Power Producers (IRPP), wpd group has a staff of about 700 people around the world. Founded in 1996, wpd has been one of the key players in the wind sector right from its very inception, wpd has constructed and financed more than […]
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Since April 2012 the wind farm support vessel industry has experienced success and failure, both large and small. 2012 will be remembered for the number of new vessels built and delivered to operators, but predominantly it will be the collapse of South Boats Special Projects in the autumn that shook this sector of the industry […]
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A boat with suspension, a giant robotic arm and a vessel resembling a seahorse are just three of the innovative concepts shortlisted by the Carbon Trust as part of a competition to solve the problem of transferring engineers and equipment safely on to wind turbines as far as 300km offshore in wave heights up […]
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Wind power continues to emerge as one of Germany’s key energy sources. Offshore turbines are being engineered for ever greater capacities, which presents new challenges for energy transmission in the turbines themselves and in the offshore wind farms. As well as the technical challenges, health and safety considerations are another important factor. Operators of offshore […]
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In recent times, the attention of project developers, policy makers and energy regulators has started shifting towards the construction of (transnational) large scale far offshore wind farms. This is due to their advantages over conventional energy production facilities, being larger in scale, inducing economies of scale; offering less nuisance related to visual or noise pollution […]
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Business & Finance, Jobs & Recruitment, Ports & Logistics, R&D, Technology
The following article is a guest post by Andreas Dracoulis (Partner), and Jonathan Morton (Associate) at the international commercial law firm Haynes and Boone. Interest in the offshore wind industry has grown exponentially over the last year and the anticipated growth of the market is huge. The EU expects to have 450 gigawatts (GW) of […]
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Although the offshore wind industry has not necessarily grown as fast as Belgium’s DEME Group originally expected, the sector is now responsible for 10% of its business. The company is continuing to eye targets for possible acquisitions and weighing up fleet expansion possibilities in the offshore wind sector. Alongside this, DEME is striving to seek further cuts in Capital Expenditure (CAPEX) in order to ensure that […]
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SeaEnergy, an innovative energy services group, has announced half year results for the six months ended 30 June, 2012. In the Annual Report for 2011, SeaEnergy’s Chief Executive and Chairman have described in some detail the changes made to the strategic direction and governance of the Company. In this Interim Report, for the period to 30th […]
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The wind energy industry is continuing to expand worldwide with the industry ebbing and flowing as global governments decide policy on supporting renewable power and then reconsider the economics, causing delays in financing major projects. The industry is caught in the financial tide but is growing with offshore and new countries coming into the marketplace. […]
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Servicing around 2,200 wind turbines and 56 substations under fixed maintenance contracts, as well as repairs and assessments for a further 1,500 plants, Deutsche Windtechnik AG has experienced rapid growth since being established in 2007. Last year, the company experienced a near 40% in turnover, which passed the 70 million Euro mark for the first […]
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The wind energy industry is continuing to expand worldwide with the industry ebbing and flowing as global governments decide policy on supporting renewable power and then reconsider the economics, causing delays in financing major projects. The industry is caught in the financial tide but is growing with offshore and new countries coming into the marketplace. […]
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When NAM/Shell UK decided to invest in a ‘Walk-to-Work’ (WTW) offshore vessel for use with unmanned gas platforms, they requested Royal Niestern Sander (RNS) to make the preliminary design. The challenge was to design and build a stable platform for the transfer of personnel and equipment, to efficiently support the gas production platforms in the […]
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The Board of Directors of Prysmian S.p.A. has approved the consolidated results for the first half of 2011. “The first half of 2011 has confirmed the signs of recovery in demand seen from the second half of last year, resulting in a volume increase for the majority of businesses”, states CEO Valerio Battista. “The half-year […]
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Ports & Logistics, Vessels
Maximum flexibility towards continuously changing markets with ELA Containers Nowadays companies have to be flexible in order to adapt to the constantly changing markets. How nice would it be if you could plan your future rooms in a flexible, mobile, scalable and multifunctional way? Standardized or specialized ELA Containers – choose the professionals Why waste […]
