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From the Tide Mill at Woodbridge to the Rance in Britanny, the tidal power has been harnessed for centuries. Mark Aspinall, director of 4NRg, based at OrbisEnergy in Lowestoft and managing director of Scour Prevention Systems Ltd, explains why this ancient concept is still relevant today. Nothing seems to divide opinion like renewable energy Whilst […]
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International renewable energy consultancy Natural Power has established a local presence in Orkney to support clients in the development of wave and tidal energy projects and to actively contribute to the growth of this exciting, emerging industry. Natural Power has been providing services to the international wave and tidal energy sector since 2005, working for […]
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IBERDROLA projects average Ebitda and net earnings for the 2012-2014 period in line with the €7.65 billion and €2.8 billion recorded in 2011, enabling it to continue remunerating shareholders at a gross annual average of about €0.3 per share. The Group will achieve this through a strategy focused on moderating investments, which will be directed […]
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Authorities, Business & Finance, R&D, Technology
The UK Department for Business, Energy and Industrial Strategy (BEIS) has awarded GBP 31.6 million (approximately EUR 37.7 million) in grant funding to eleven projects through the Floating Offshore Wind (FOW) Demonstration Programme. With an aim of reducing costs as well as increasing the rate of deployment of floating wind turbines, the funding will support […]
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Business & Finance, Wind Farm Update
Principle Power, Energias de Portugal, Repsol, A. Silva Matos (ASM), Vestas Wind Systems A/S and InovCapital announced the inauguration of Portugal’s first offshore wind turbine on June 16th, 2012. The turbine is installed on an innovative floating foundation called the WindFloat. In addition to being the first offshore wind turbine in Portugal, this is the first offshore wind turbine to be […]
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Business & Finance, Technology
The cost of energy generated by tidal power generation is, at this stage of device development, still more expensive than that offered by offshore and onshore wind, and solar arrays in sunnier climes; however, fossil fuels will not last forever and investment is still going into accessing tidal power, one of the most reliable and […]
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Authorities, Business & Finance
The Crown Estate, an independent commercial business, created by Act of Parliament, has today announced another record return for the benefit of the public finances and an overall performance which is significantly ahead of the market, as its portfolio value hits an all-time high. Results summary Record return to Treasury for the benefit of the public finances:£267.1 […]
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Shetland based operator Delta Marine has reported that its vessel Whalsa Lass (Damen 2611 Multicat) demonstrated its versatility during recently completed works on a large wind farm off the coast of Grimsby, UK, for one of the ‘Big 6’ energy contractors. Even though Delta Marine has not named the wind farm or its client, it said the wind farm […]
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Offshore WIND brings the following article with permission from the LatinAmericanScience.org. The article on offshore wind potential in Latin America has been written by Luis Armando Pagan Quinones, who is specializing in the production of drinking water by desalination systems using offshore wind power. Written by Luis Armando Pagan Quinones Despite having over 50,000 kilometers of coastline, Latin America […]
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Offshore wind deals are happening and project developers that need money are getting it, but sometimes this is overshadowed by a cloud of negativity from banks and the utilities, which complain all too often that the project finance markets are broke or the regulatory frameworks insufficient. Jérôme Guillet, Managing Director of Green Giraffe Energy Bankers, says: […]
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Corrosion to many people is the mysterious manifestation that those in the maritime industry all have to deal with at some point or other. It is often misunderstood and because it appears at first sight – in theory at least – a somewhat simple to explain electro-chemical action its understanding and methods of dealing with […]
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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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HOCHTIEF, one of the leading international providers of construction-related services, releases 2011 Annual Report marked by negative nonrecurring items, but also by operational strength. Inherited issues put pressure on earnings thus a consolidated net loss of EUR 160 million is reported. However, order backlog and work done exceed levels of record year 2010. Estimations for […]
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– Ebitda rose 25.3% and net earnings by 25.2% due to diversification and solid assets – Ebitda rose 19.4% driven by an increased contribution from wind, higher production and capacity, as well as greater efficiency, offsetting the negative impact of gas – Installed capacity exceeded 12,000 MW while operating capacity stood at 11,434 […]
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The number of women working in the offshore wind industry might not be growing in proportion to the growth of the industry itself, but there is a significant minority of women who are to be found in the engineering related jobs and actually going offshore. Offshore WIND met Annelie Doedens who is one of this […]
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Seawork 2012 saw a number of major deals being done and several high specification craft being officially handed over. Seawork has become not only an efficient one-stop-shop for seeing what’s new on the market, specifying future requirements and placing orders but also the event of choice for exhibitors to showcase the work they have completed […]
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Gamesa continued to expand profitably during the first nine months of 2011, throughout which it continued to focus on strengthening expansion abroad, efficient management and cost control, launching new products, and maintaining the pace of activity in all business areas, with results in line with 2011 guidance in terms of volume, profitability and debt. Between […]
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Brandt’s passion for the renewables business was evident before he started his career. In 1999, he decided to do his masters in wind farm development focusing on large-scale wind farms. Then after managing several wind technology servicing units he joined Deutsche Windtechnik in 2004 becoming director of the Management Board in 2007. Established around 15 […]
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To quote the British Government: “Enterprise Zones create jobs and boost businesses…. They are great places to do business for both new and expanding firms, benefiting from government backing.” The largest Enterprise Zone in the UK is on the Humber Estuary – both sides, North and South of the River Humber. The zone includes the […]
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Fred. Olsen United is one of those few players that plays a role in almost all aspects of the offshore wind industry and is able to offer a fully integrated turnkey solution. This diverse company has been active in the offshore wind industry since the early days and is now uniting capabilities to provide a single interface with the client. In 2007, installation […]
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DanTysk Offshore Wind Farm is back on schedule – albeit a revised schedule – with more than half of its 80 wind turbines installed. Gunnar Groebler, Head of the Business Unit Renewables at Vattenfall’s Continental/UK regional organisation, reflects on progress and outlines the company’s view as to whether offshore wind will remain an important strategic […]
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Despite announcing a substantial divestment programme, which included selling off several onshore wind farms, Spanish energy giant Iberdrola is still believed to be the world’s largest wind energy developer, with an operating portfolio of more than 13,830MW. In 2012, Iberdrola chairman Ignacio Galán, announced that its onshore wind assets in ‘non-core’ countries and other businesses […]
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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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By Jakub Vastmans, Interim Director Service Product Management at NKT For decades, the power cable industry has been pushing the boundaries of high-voltage (HV) submarine power transmission. Over the years, new insulation technologies have emerged, voltage levels have increased, protection methods have improved, and novel monitoring technologies have been developed. The objective is […]
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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 […]
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Business & Finance, Operations & Maintenance
As an alternative to fossil fuels, wind power is plentiful, renewable, clean and produces no greenhouse gas emissions during operation. The effects on the environment are generally less problematic than those from other power sources. In 2010, wind energy production was more than 2.5 percent of total worldwide electricity usage, and growing rapidly at more […]
