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Anbaric has submitted a request to ISO New England for an economic study to examine the impacts of 8,000, 10,000 and 12,000MW of offshore wind on energy prices, air emissions and fuel security. The study’s target year is 2030 and it will take into account the recent and upcoming retirements of the Vermont Yankee, Pilgrim and […]
Innogy reported an adjusted EBIT of EUR 1,553 million in the first half of 2018, 10% less than in the same period last year, said to be influenced by the negative weather effects on the Renewables division.
Industry and research communities from five different European countries have launched a project aiming to develop composite materials expected to allow a 30% increase in wind turbine blade durability and a considerable reduction in blade-related costs.
The deployment of 1,600MW of offshore wind is estimated to generate a total economic impact of between USD 1.4 billion to USD 2.1 billion in Massachusetts, according to a report by the Massachusetts Clean Energy Center (MassCEC).
The UMass Dartmouth Public Policy Center (PPC) has launched a new project which will monitor the offshore wind industry in the United States and analyze its economic development and workforce implications.
Earlier this year, the Fraunhofer Institute for Wind Energy and Energy System Technology (IWES) released the first wind index for offshore wind farms. The Fraunhofer IWES Offshore Wind Energy Index (FROENIX) helps with estimating the inter-annual power density variation at offshore wind farm sites.
New research into the benefits of the Beatrice offshore wind farm shows the social and economic impact the project is expected to deliver.
BVG Associates (BVGA) and the Economic Intelligence Unit at the University of the Highlands and Islands (UHI) have developed a benchmark standard in measuring local and national value added from offshore wind developments. Offshore wind is a maturing industry that is becoming truly global, BVGA said. For continued growth and to build local and government […]
Associated British Ports (ABP) Regional Director Humber, Simon Bird has called for the region to grasp what he calls a ‘unique opportunity’ as the Humber prepares to make its voice heard in the Northern Powerhouse debate, following the appointment of Brigg and Goole MP Andrew Percy to the role of Northern Powerhouse Minister. Speaking to a […]
Several important conclusions emerged at a webinar discussing supply chain opportunities that oil and gas businesses can take advantage of within the offshore wind industry in the US. The decision made by the Bureau of Ocean Energy Management (BOEM) not to include Atlantic oil and gas leases in the next 5-year round will not have any […]
An update to New Jersey's Energy Master Plan has shown a non-enthusiastic and careful approach to offshore wind, referring to it as not being economically viable at this time. On 20 November, the New Jersey Board of Public Utilities (BPU) and the New Jersey Department of Environmental Protection released a draft update to the 2011 New Jersey […]
Site Selection magazine has named Dominion as one of the U.S. top 10 utilities for economic development. The publication cites that Dominion's economic development team helped bring more than $2.7 billion in corporate facility investments supporting 3,615 new jobs in its footprint last year. The growing list of data center sites, renewable energy initiatives such as […]
The Danish Energy Agency (DEA) has offered to hold meetings with economic operators interested in the prequalification for the tender of Krigers Flak offshore wind farm. The DEA has invited all economic operators, who are interested in submitting a request to be prequalified for the tender of Krigers Flak, to participate in a meeting with […]
The Crown Estate yesterday welcomed the first consent order for offshore wind energy at Dogger Bank in the North Sea, the largest renewable energy development ever to receive planning consent in the UK and the largest offshore wind project to receive consent globally. Head of Offshore Wind for The Crown Estate, Huub den Rooijen said […]
German Economic Minister’s Green Book can set the right course for political process to produce a new power market design, says German Wind Energy Association (BWE). “We will actively take part in the consultation process for a new power market design. As representatives of the wind sector, we will work with other parts of the […]
Research and Markets has announced the addition of the "The Evolution and Economics of Wind Power" report to their offering. Chapter 1 The wind resource and global wind generating capacity Wind is the movement of air generated by the earth's rotation and by the heating of the atmosphere by the sun. The wind resulting is […]
A new report out today from Cambridge Econometrics in collaboration with Pr. Paul Ekins of University College London, shows that meeting the UK climate targets recommended by the independent Committee on Climate Change (CCC) makes clear economic sense for the UK. Reducing the UK’s carbon emissions in line with these budgets would, by 2030, increase […]
Official Government trade statistics have confirmed the central role that the Humber ports in general and Immingham in particular play in the economic life of the region and country. The figures show an increase in tonnage handled at Grimsby and Immingham in 2013 to 62.6 million tonnes, a 4% increase on 2012. Hull and Goole […]
1,800 jobs and up to £500,000 are just some of the benefits expected if the construction of a major offshore wind farm off the coast of Lincolnshire goes ahead. RWE Innogy UK has announced new details of the socio-economic benefits which could arise from the construction of its Triton Knoll Offshore Wind Farm. The project […]
Work is taking place to investigate key regeneration projects in Tendring in a bid to be prepared to make the most of the funding opportunities available to boost economic growth across the District. Two initiatives – a Care and Assisted Living Innovation and Training Centre and an Innovation and Incubation Centre for Harwich – are […]
The wind industry worldwide will be watching very closely what happens in Hamburg in almost exactly four months’ time – WindEnergy Hamburg has its premiere at the Hamburg Fair site from 23 to 26 September. “Sigmar Gabriel, Federal Minister for Economic Affairs and Energy, will open WindEnergy Hamburg. That underscores the importance of this leading industry fair […]
At RenewableUK’s 11th annual wave and tidal energy conference and exhibition, the trade association representing the marine energy industry will highlight the publication of a position paper which puts forward the case for developing the nation’s wave and tidal energy resources to their fullest potential. “Generating Value – Maximising the Value of Marine Energy in […]
On December 5, Maine Aqua Ventus I GP, LLC filed with the Maine Public Utilities Commission (PUC) and released fully to the public the draft Term Sheet resulting from discussions of its Maine Aqua Ventus I offshore wind proposal with the PUC staff. The Term Sheet is part of the project’s pursuit of a Power […]
Mojo Maritime will introduce its Mermaid (Marine Economic Risk Management Aid) software at this year's EWEA Offshore event in Frankfurt, Germany. The Mermaid is a validated software tool for the analysis of weather risk on offshore operations in the demanding environments experienced at marine energy sites, such as Round 3 wind farms and the Pentland […]
The BIS Bremerhaven Economic Development Company Ltd. will present the newly released book at the EWEA Offshore trade fair at 3.30pm on 19th November 2013. The book called “Eine Stadt im Aufwind. Mehr als 10 Jahre voller Energie: Wie Bremerhaven die Offshore-Windenergie vorantreibt” will be launched in the context of a panel discussion moderated by […]
OERA is inviting submissions of Expressions of Interest (EOI) as a first step, followed by a request for detailed proposals from qualified applicants – to provide a comprehensive assessment of the value proposition and potential economic value of tidal power development to Nova Scotia, the Atlantic region and Canada. The value proposition will serve […]