Sweden's Vattenfall expects to be able to build offshore wind power projects, one of the most expensive sources of renewable energy, without subsidies by the middle of the next decade, a senior company official said on Thursday. The state-owned utility plans to boost its wind power portfolio in Europe to 4 gigawatts (GW), equivalent to four nuclear reactors, by 2020 from the current installed 1.8 GW, and further to 7 GW by 2025. "We should be able to build onshore wind power projects by 2020 without subsidy, and we also expect that we could build offshore wind power without subsidy by 2025, but that would depend on the projects," Michael Simmelsgaard, head of Vattenfall's strategic projects in wind, told a conference. While focusing more on renewable energy, Vattenfall is trying to sell its polluting lignite or brown coal mines and power plants in eastern Germany. Wind power is expected to generate 9 billion Swedish crowns ($1.1 billion) in Vattenfall's core profit by 2020, and 16 billion crowns by 2025, from 5 billion crowns in 2015, slides presented by Simmelsgaard showed. Last year, Vattenfall won a tender to build the 400-megawatt Horns Rev 3 wind park off Denmark, which is expected to produce the world's cheapest offshore wind energy at an agreed price of 0.77 Danish crown ($0.11) per kilowatt-hour.
Hamburg, Germany – GL Garrad Hassan, part of the GL Group, has been awarded grants by the US Department of Energy (DOE) of $500,000 and $200,000 to fund two studies to identify optimal strategies for the installation, operation, and maintenance of offshore wind farms and to assess the readiness of US ports to meet the needs of the industry. To meet the renewable energy targets of the next century, offshore wind projects hold great promise with steady, strong winds
Gamesa Technology Corp., a global wind energy company, and the shipbuilding operations of Northrop Grumman Corp., America's largest shipbuilder, launched the Offshore Wind Technology Center to jointly develop the next generation of offshore wind systems that will be deployed in the United States and around the world. Plans call for the development of North America's first offshore wind turbines by late next year.
Dong Energy A/S plans to invest about $1.8 billion a year on offshore wind projects to offset a “challenging” environment for gas plants, as it ceases to build new coal power facilities, its chief said. That’s about what the world’s largest developer of offshore wind parks spent last year on turbines installed at sea. “We think that is around that level we will be working at in the coming years,” said Anders Eldrup
Engineering company OSBIT Power (OP) has been confirmed as a successful bidder to a major Government scheme to support manufacturers developing next generation offshore wind technology. OP, based in Riding Mill, Northumberland has been awarded a £615,000 grant to help develop its MaXccess offshore wind access technology to facilitate safe personnel transfer from the larger dynamically-positioned vessels expected to be used on future offshore wind projects.
DONG Energy and Siemens Energy sign to supply & service 300 offshore wind turbines for installation offshore UK The framework agreement is in regard to the supply and servicing of a total of 300 offshore wind turbines of 6 megawatt each, yielding a total capacity of 1,800 megawatt. The turbines will be installed at selected DONG Energy offshore wind farms in the UK in the period 2014-2017. Under the framework agreement, Siemens Energy will design, manufacture, supply
According to reports, the waters of the Great Lakes, near the shores of Canada, may soon be home to offshore wind power. The Province of Ontario's Ministry of Natural Resources has lifted a deferral on applications to produce offshore wind power in the province's waters. This decision came after the province took steps over the past year to obtain the best available information on which to base decisions regarding offshore projects on. These steps have included partnering with the U.S
Citing crew transfer services as an integral part of its offering, offshore wind industry service provider CWind announced it is now a member of the National Workboat Association (NWA) of the U.K. As the offshore wind industry matures and demands on workboat performance increase with larger and further offshore wind farms, a collective and informed industry body of vessel owners and operators will facilitate the knowledge sharing and formulation of best practice that will be required
Today’s planning approval for offshore wind energy at Dogger Bank takes the total of consented projects in the North Sea zone to 4.8 gigawatts (GW), almost equal to all the offshore wind capacity now in operation in the U.K. The consented development, Dogger Bank Teesside A&B is part of the Dogger Bank Zone, the largest of the Round 3 zones and the farthest from shore, but also one of the shallowest
Up to now, the port of Rotterdam, the largest seaport in Europe, has played a negligible role in the construction of offshore wind farms in Europe. But that is about to change. On Maasvlakte 2, Sif Group and Verbrugge International are building a dedicated offshore terminal and a production site for monopiles under the name Offshore Terminal Rotterdam. A unique combination that will play an important role in the construction of offshore wind farms in the North Sea and
DONG Energy's has set a potential $16 billion price tag on its stock market debut, giving investors a chance to buy into the growth in offshore wind power, but also into a business heavily reliant on government subsidies. State-controlled DONG Energy on Thursday set a price range for its
Tideland Signal Corporation, now part of Xylem, has entered into a definitive agreement to acquire certain assets of Julius Signal, extending the company’s portfolio of marine and offshore aids to navigation offerings. Julius Signal’s product portfolio includes an array of
China COSCO Shipping, which uses bulk carriers and container vessels to transport goods, has seen its cargo business decline amid China's slowdown and has decided to get into the offshore wind power generation business, reports Nikkei.
The newest addition to Vroon’s fleet, subsea-support vessel (SSV) VOS Sugar, recently started work in the BARD Offshore 1 Offshore Wind Farm (OWF). The vessel is supporting dive operations and maintenance work on wind-turbine foundations for clients NDE Offshore.
In 2015, Ulstein Group recorded revenues of $279.4 million and an operating loss of $11.5 million. The business areas Design & Solutions and Power & Control both recorded profits. The downturn in the offshore sector and a tricky market has to be met with adaptation and innovation
Joint venture between European offshore wind pioneer and Chinese shipping giant; China COSCO Shipping and DEME team up to develop offshore wind energy in China The Belgian dredging, environmental and marine engineering group DEME and China COSCO Shipping – the largest shipping
From spring 2019, A2SEA will play a key role in building the world’s largest ever offshore wind farm, Hornsea Project One for DONG Energy. Capacity will be 1.2GW. A2SEA will deploy its purpose-built offshore installation vessel Sea Installer to install a part of the 174
Danish wind farm developer DONG Energy, which analysts value as high as $13 billion, said on Thursday it plans to list its shares on the Copenhagen stock exchange this summer. Having built more than a quarter of the world's offshore wind farms
The Danish government said on Friday it wanted to scrap plans to build five offshore wind farms as their output would become too expensive for consumers. The government estimates it would cost consumers 70 billion Danish crowns ($10
Denmark and the United States have signed a memorandum to strengthen cooperation on offshore wind energy projects, the U.S. Bureau of Ocean Energy Management (BOEM) announced. On May 4, 2016 at the Embassy of Denmark in Washington, D.C
Tuco Marine Group of Denmark informs it has inked a new order for its 11-meter wind farm service boat from the ProZero series of fast rescue boats, daughter crafts and workboats. Tuco said the new order is from a major, but for now undisclosed, company in the European offshore market
Dagmar Nelissen, Senior researcher and consultant at CE Delft, will present the preliminary findings of the EU DG Clima study ‘Analysis of market potentials and market barriers for wind propulsion technologies for ships’, at next week’s Natural Propulsion Seminar.
Subsea 7 S.A. informed today the details of the major(1) contract award that was first announced on 20 May 2016 . The contract was awarded by Beatrice Offshore Windfarm Limited (BOWL)(2), for the engineering, procurement, construction and installation (EPCI) of the Beatrice wind farm turbine
Rolls-Royce has signed a contract with shipyard Astilleros Gondan in Spain to design and equip a second Service Operation Vessel for ship owner Østensjø Rederi. The repeat order is for a new ship design from Rolls-Royce developed specifically to support operations in shallow waters
DONG Energy has awarded offshore energy support vessel operator Seacat Services with the supply contract for all crew transfer services at its 258MW Burbo Bank Extension project under development in the Irish Sea. The four-vessel charter contract, with durations of three to 11 months