International classification society Bureau Veritas has published a set of guidelines to reduce and manage risk as ocean engineering requirements develop in the growing marine renewable energy sector. The guidelines, NI 631 “Certification Scheme for Marine Renewable Energy Technologies”, cover float
A host of political events have had a negative impact on global wind power growth expectations through 2025, MAKE said in its Q4/2016 Global Wind Power Market Outlook Update. Anticipated cuts to wind power targets in China under the country’s upcoming Thirteenth Five-Year Plan headline the most impa
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’
Wind power could reach 2,110 GW by 2030, supply up to 20% of global electricity and attract annual investment of about EUR 200 billion, if the governments across the globe turn out to be serious about meeting the targets set out in the Paris Agreement, the Global Wind Energy Council (GWEC) said in i
The total installed wind capacity is expected to reach 500 GW by the end of 2016 and cover 5% of global power supply, according to the World Wind Energy Association (WWEA). The worldwide wind capacity reached 456,486 MW by the end of June 2016, out of which 21,714 MW were added in the first six mont
Global clean energy investment had its weakest quarter since 2013 between July and September this year, under the impact of a summer lull in offshore wind financings in Europe and a further stage in the slowdown seen this year in project funding in China and Japan, according to Bloomberg New Energy
A report by KIC InnoEnergy and BVG Associates has identified fifty offshore wind innovations which have the potential to make a substantial reduction in the levelised cost of energy (LCOE) through changes to design, hardware, software or process. The report, ‘Future renewable energy costs: offshore
The global wind Operations and Maintenance (O&M) is estimated to increase from USD 10 billion in 2015 to USD 17 billion by 2020, at a compound annual growth rate of 11.2%, according to research and consulting firm GlobalData. The company’s latest viewpoint states that technological developments have
Wind turbine makers are set to benefit from the Paris Climate Agreement (COP21) as the call for increased investments to meet a targeted reduction in CO2 emissions is expected to positively impact their sales figures, according to Moody’s Investors Service. The increased investment, particularly in
The International Renewable Energy Agency (IRENA) has launched a new version of the Global Atlas for Renewable Energy, the online renewable energy mapping platform, which now allows users to download resource data for offline analysis, and to print and export map images. The enhancements include an
Operational offshore wind projects may be rated investment-grade, subject to adequate mitigation of technical and operational performance risk, Fitch Ratings said in a report. Offshore wind farms under construction are exposed to materially greater challenges compared with onshore projects and their
Global energy-related carbon dioxide emissions (CO2), the largest source of man-made greenhouse gas emissions, stayed flat for the second year in a row as renewable energy surged, according to analysis of preliminary data for 2015 released today by the International Energy Agency (IEA). “The new fig
