Business & Finance
DONG Energy: Siemens’ Decision Could Encourage Others to Invest in UK
DONG Energy also commented on today’s big news from Siemens and ABP. Benj Sykes, UK Country Manager at DONG Energy Wind Power said: “This is great news for the UK and a huge boost for the offshore wind industry in this country. Today’s announcement is testament to the capabilities on offer in the UK
ABP: Humber Plays Critical Role in Servicing UK Energy’s Needs
Associated British Ports (ABP) commented on today’s announcement by Siemens. Siemens is investing £160 million across the two locations and its port partner ABP is investing a further £150 million in the Green Port Hull development. The companies will be submitting planning applications to Hull City
Carnegie to Raise Funds for CETO 6 Project
Wave energy developer, Carnegie Wave Energy Limited (CWE), has announced a capital raising via a Share Purchase Plan (SPP) to raise up to $6 million for the CETO 6 project. The SPP will allow all eligible Carnegie shareholders to purchase between $1,500 and $15,000 worth of shares in Carnegie at 5.0
Siemens to Invest EUR 190 Million in Offshore Production Facilities
Siemens is investing more than EUR190 million (GBP160 million) in new offshore production facilities in Great Britain. Production of rotor blades for offshore wind turbines of the 6-megawatt class is planned, with a new logistics- and service centre slated for Hull. The British Prime Minister David
Beatrice OWF to Generate Long Term Employment in Moray Firth Area
Beatrice Offshore Windfarm Ltd (BOWL) has welcomed the decision by Marine Scotland to grant consent to the £3bn Beatrice offshore wind farm project, situated in the Outer Moray Firth. The project consent marks a positive step forward for BOWL, and it will now assess how to progress Beatrice over the
Chancellor’s Incentive to Boost East of England
Incentives from the Budget will help steer the East of England ever closer to becoming the heart of the UK offshore wind industry. A three-year extension on business rate discounts for companies moving to the Great Yarmouth and Lowestoft Enterprise Zone was among the Chancellor’s measures in what is
U.S. National Grid to Build Block Island OWF Subsea Transmission Link
U.S. National Grid has submitted a proposal to the Rhode Island Division of Public Utilities and Carriers (DPUC) for construction of a transmission system to connect Deepwater Wind’s Block Island Offshore Wind Farm to the mainland via a subsea cable. In 2012, National Grid and Deepwater Wind were ne
Maryland to Spur Early Offshore Wind Investments with USD 700,000
The Maryland Energy Administration (MEA) is set to launch an innovative program aimed at supporting state-of-the-art and pioneering business development in the state of Maryland. The Market Entry Assistance Grant Program is the first initiative to originate from the Offshore Wind Business Developmen
Seaway Heavy Lifting to Install Dudgeon OWF Foundations and Substation
Dudgeon Offshore Wind Limited (owned by Statoil ASA and Statkraft) has awarded Seaway Heavy Lifting the contract for the transportation and installation of 67 foundations and 1 substation as part of the Dudgeon Offshore Wind Farm project. The contract will cover storage, transportation and installat
Van Oord to Use AXYS Wave Buoys for Offshore Wind Works
AXYS Technologies Inc. will soon supply Observator Instruments of the Netherlands with four TRIAXYS™ with Currents Directional Wave Buoys, each equipped with the new Next Wave II sensor and a Nortek ADCP current profiler. These buoys will be delivered to the end client Van Oord for deployment into s
UK’s Tidal Lagoons to Have Cheaper Power than Offshore Wind
An economic study into the cost profile of power from tidal lagoons has found that a portfolio of three UK tidal lagoons, in operation by 2021, would deliver large-scale low carbon power at a significantly cheaper price than offshore wind. The study, conducted by energy economists at Pӧyry, a manage
Scottish Fishermen Want to Be Involved in OWF Planning
Commenting on the announcement that the Scottish Government has given the go-ahead to a major offshore wind farm development in the Outer Moray Firth, Bertie Armstrong, Chief Executive of the Scottish Fishermen’s Federation said: “Obviously, we would much prefer it if there was no interference in th
DONG Energy’s UK Asset Manager Introduces His Responsibilities
DONG Energy has been publishing a series of articles on the different jobs and experts that it has in the UK. The following is an interview with Mads Skovgaard-Andersen, who is based in the London office and is the Asset Portfolio Director for a portfolio of UK wind farms and has just been voted one
3sun Group Names New Chairman
3sun Group, a specialist provider of products and services to the global energy industry, has appointed Les Dawson OBE as Chairman of the Board of Directors. Operating in the oil and gas and wind sectors both onshore and offshore, 3sun Group is an established supplier of control panels for offshore