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Representatives from ten North Sea countries met on 20 June in Denmark to discuss plans on offshore wind, as well as the UK's potential exit from the European Union. Energy ministers and other representatives gathered in Esbjerg as part of the North Seas Energy Cooperation to consider the potential of offshore wind and how cooperation can be continued […]
Offshore wind is well positioned to play a major role in the long term UK energy mix even in the case of hard Brexit, according to a joint report by Wood Mackenzie and Verisk Maplecroft. With more than 19GW of new capacity forecast by 2028, a hard Brexit is expected to have limited impact on this […]
Shell is interested in entering the UK offshore wind market, Mark Gainsborough, executive vice president at Shell New Energies, told Reuters. The company plans to crack the UK offshore wind market through either acquiring a share in an existing project, acquiring an entire project, or by securing seabed leases later this year, Gainsborough told Reuters […]
Offshore Marine Management (OMM) is urging Westminster to consider the impact of Brexit on the future of the offshore renewables industry, ahead of the return of the EU Withdrawal Bill to the UK House of Commons on 12 June.
During the East of England Energy Group (EEEGR) SNS2017 conference, RenewableUK chief executive Hugh McNeal said the UK energy industry needed to represent itself as one sector containing different technologies, instead of pushing for one technology over others, to maximise job and business opportunities.
In her keynote Brexit speech – Plan for Britain – which includes 12 priorities that the UK government will use to negotiate Brexit, UK Prime Minister Theresa May has made clear her support for renewable energy and said that the UK is at the forefront of fields such as science, innovation, and clean energy.
Norway's Statkraft is preparing a possible divestment of its shares in the operational Sheringham Shoal offshore wind farm, as well as the Dudgeon and the Dogger Bank projects. The revised strategy follows the announcement in December 2015 that Statkraft would make no new investments in offshore wind. Preparations for the divestment will be carried out in […]
UK participants of the European Union’s Horizon 2020 Programme can rest assured that the approved projects applied for before the UK leaves the European Union will not be affected by the so-called Brexit, as the UK Treasury will underwrite funding for those Horizon 2020 projects. British businesses and universities will have certainty over future funding and should continue […]
WindEurope, formerly known as EWEA, today published an initial assessment of possible Brexit implications. The full article by WindEurope can be read below. The full impact and implications of the UK referendum, and what it means for the wind industry short and long term, are impossible to assess properly at this stage. But there are some points we […]
The UK leaving the European Union might delay the development of the Moray Firth offshore wind project in Scottish waters, Antonio Mexia, chief executive at Energias de Portugal (EDP), the company which is the owner and developer of the project, was reported by Reuters as saying. The uncertainties brought about by the Brexit vote could add further complexities […]
With the UK referendum result to leave the European Union, along came reactions discussing effects of the country's move, including those from the offshore wind sector, where the UK is at the forefront. According to BVG Associates' Director, Bruce Valpy, the implications for the UK as a whole will be known after the exit negations, which could take at least […]
Jennifer Ballantyne, Pinsent Masons' partner and planning specialist, today warned of the paradox facing the UK renewable energy sector if the country decides to leave the European Union. Even though the UK could allow for an easier development of renewables infrastructure, the industry could be harmed by Brexit with the loss of incentives to develop a low-carbon economy, Pinsent […]
Vivid Economics published a note on the impact of the UK leaving the EU, the so-called Brexit, on the UK’s energy sector. The note builds on the company's work for National Grid from November 2015, when it was asked to assess the impact of the Brexit on the UK’s energy sector, finding that the overall impacts are likely […]
Failure to understand the implications of Britain leaving the European Union on the country's offshore wind and nascent wave and tidal industries could be costly, Renewables Consulting Group (RCG) has warned as it is preparing to deliver a study on the effects of the so-called Brexit on UK's offshore renewables industry. Whilst estimates suggest UK level regulation is […]
Taoiseach (Irish Prime Minister) Leo Varadkar and President of France Emmanuel Macron have submitted a joint request to the European Commission seeking financial support for the Celtic Interconnector electricity link between Ireland and France. The Taoiseach and President Macron have co-signed a letter before the European Council meeting in Brussels, requesting Jean-Claude Juncker’s support for […]
The second edition of Offshore WIND Magazine will be out at the beginning of June. As this edition is bound for Seawork 2019 in Southampton and Global Offshore Wind in London, it will have a significant UK focus with an in-depth look at offshore wind developments in the country and the potential threat of Brexit. […]
The NEMO interconnection link between Great Britain and Belgium is entering the commissioning phase.
Britain's total capacity available from renewables has overtaken fossil fuels for the first time, according to the latest Drax Electric Insights report.
OffshoreWind.biz on Tuesday live-streamed four talk-shows from the Offshore Energy Exhibition & Conference in Amsterdam with the central theme titled “Accelerating energy transition by new functions on the North Sea.” You had a chance to watch the gripping discussions on carbon capture and storage, offshore wind & hydrogen, electrification of offshore platforms, etc… OffshoreWind.biz […]
The UK government should establish a new 60 percent UK content target for British offshore wind projects, according to former UK Energy Minister Michael Fallon.
James Fisher and Sons has reported a revenue that climbed 9% in 2017 compared to the previous year, exceeding GBP 500 million for the first time. With an underlying operating profit of GBP 55.8 million, the company marked a 10% increase from GBP 50.8 million posted for 2016. Three out of four James Fisher's business divisions saw a boost in their profits, with the Marine Support division – which serves the offshore renewables sector – leading with an increase of 17%.
The second day of the Offshore WIND Conference, chaired by Mike Blanch – Associate Director at BVG Associates – started with this morning's session called "Future forecast: reading the map", which addressed the path and challenges on the offshore wind road towards 2023, as well as up to 2050 and beyond.
RenewableUK has urged the new UK government and opposition parties to put the development of renewables at the heart of energy policy, so that consumers can benefit from cheaper power.
Copenhagen-based engineering, design and consultancy company Ramboll ended 2016 with a net profit of DKK 176.9 million (EUR 23.7 million), a 132% jump compared to DKK 76.3 million net profit reported a year earlier.
The New Economics Foundation (NEF) will launch its 20-point action plan to revitalise the UK coast in Parliament this afternoon. Called the Blue New Deal, the action plan identifies 20 priorities and outlines measures that could support up to 160,000 additional jobs and create GBP 7.2 billion of additional income in coastal Local Authorities. Marc Stears, Chief […]
Since the last time we looked at the status of Germany's offshore wind industry only two years ago in July 2014, the number of operational offshore wind turbines has jumped from just 141 capable of producing 616MW to 835 grid connected turbines capable of 3,552MW in July 2016 and another 54 installed turbines not yet […]