German Nuclear Power Extension Threatens Offshore Wind Funding

Wednesday, September 08, 2010

According to a September 6 report from Bloomberg, the German government’s plan to extend the phase-out of nuclear power risks hampering investment in offshore wind turbines. Utilities including E.ON AG and RWE AG may cut their investment in the industry to compensate for a tax of $3.9b a year they will be charged, said an analyst at Bloomberg New Energy Finance. The levy on nuclear-plant operators is meant to support renewable energy.

(Source: Bloomberg)


Offshore

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

Canada May Ask Far-offshore Drillers to Pay Extra

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MISC Enters Thai Offshore O&G Market

Energy related maritime solutions and services provider MISC Berhad (MISC) has made inroads into Thailand’s offshore oil and gas market for the first time.

Energy

J.F. Lehman Acquires Heavy Equipment Group of Oldenburg Group

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Norsepower Secures Funds for World’s Largest Rotor Sail

Norsepower Oy Ltd., today announces that it has been selected to receive €2.6M in funding to further its research and development of the Norsepower Rotor Sail Solution technology.

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

 
 
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