The offshore wind industry has faced significant headwinds in the past couple of years, with most of the negative effects tracing their origin back to the start of the COVID-19 pandemic and the geopolitical turmoil caused by Russia’s aggression against Ukraine. This has led to supply chain instabili
Welcome to the Live Blog! #OEEC2023 in a nutshell. Enjoy the highlights of the event in this video: Thanks to all participants, partners, sponsors and media partners for making this event such a great success! See you next year on 26 & 27 November 2024! Drinks at Navingo stand Offshore Energy Exhibi
Cumulative global capex spend in the offshore wind sector is expected to hit USD 1 trillion by 2031, but investors will no longer only be competing on price alone, according to a new report by Wood Mackenzie. Offshore wind is poised to become one of the key technologies powering the decarbonisation
While oil and gas majors are increasingly entering new offshore wind and green hydrogen projects, it is but a small portion of the overall pie, to quote David Linden from Westwood Global Energy Group. As a reaction to the energy transition, the oil and gas majors are diversifying and now have more o
LM Wind Power, a GE Renewable Energy business, plans to produce zero waste blades by 2030. The company said it would play a central role in supporting its customers to develop fully circular wind turbines that generate less waste during their production. In practice, LM Wind Power’s vision of zero w
Vestas has launched a new circularity roadmap detailing a set of commitments to be implemented across the company’s value chain to accelerate the journey to reach zero-waste turbines by 2040. Through the roadmap, Vestas aims to set a new benchmark for the wind industry within circularity and waste r
1,400 GW of offshore wind globally by 2050 is entirely achievable considering the resource potential, technology innovation, and government appetite to position offshore wind at the centre of the global energy transition, the Ocean Renewable Energy Action Coalition (OREAC) said. OREAC estimates that
The Global Wind Energy Council (GWEC) has released its Global Wind Report: Annual Market Update, showing a maturing industry successfully competing in the marketplace, even against heavily subsidized traditional power generation technologies.
Offshore wind levelized costs will slide 71% by 2040, according to the latest long-term forecast from Bloomberg New Energy Finance (BNEF).
80% of power generation and 65% of total primary energy supply should come from renewables if global energy-related carbon dioxide (CO2) emissions are to be reduced by 70% by 2050 and completely phased-out by 2060, according to new findings released by the International Renewable Energy Agency (IREN
The Mauritius Research Council (MRC) has invited expressions of interest for the development of offshore wind farms for the Republic of Mauritius.
The international Paris Agreement to limit global warming to under 2oC this century compared to pre-industrial levels has come into force on 4 November, but UN has warned that even if the Paris pledges are fully implemented, the world is on track for a temperature rise of 2.9 to 3.4 degrees this cen
Offshore wind power has the potential to grow from 13 gigawatts (GW) in 2015, to 100GW in 2030, driven by technology advancements and further cost declines, according to new analysis from the International Renewable Energy Agency (IRENA). ‘Innovation Outlook: Offshore Wind’, launched at the World Wi
The potential for the development of offshore wind energy in Mauritius exists, however, it is important to take into consideration environmental aspects such as cyclones and tsunamis and the coral reef, as well as respecting the different phases of the supply chain, according to GE Renewable Energy’
