Favourable Offshore European Wind May Change Direction

MarineLink.com
Sunday, July 14, 2013
Photo courtesy of EWEA

Europe adds 1,045 MW of offshore wind in the first half of 2013, but there are challenges ahead according to the European Wind Energy Association (EWEA).

277 new offshore wind turbines, totalling 1,045 megawatts (MW), were fully grid connected in Europe during the first six months of 2013. This is double compared to the same period in 2012 when 523.2 MW were installed. In addition, 268 foundations were installed and 254 turbines erected, all during the first 181 days of the year.

"Offshore wind power installations were significantly higher than in the first six months of last year" said Justin Wilkes, Director of Policy at the European Wind Energy Association (EWEA). "But financing of new projects has slowed down with only one project reaching financial close so far this year.  This, together with a lack of orders being placed for offshore wind turbines, substructures and components, reflects the regulatory uncertainty in key offshore markets including Germany and the UK. It highlights the significant challenges faced by the offshore wind sector.

"Offshore wind is a new industry that creates jobs, reduces fossil fuel imports and in which Europe is a world leader with huge export opportunities. The installation rate shows what the European offshore wind industry is now capable of. But to attract investment to the sector governments need to provide a stable regulatory framework and the EU should set a binding renewable target for 2030", said Wilkes.

Total offshore capacity in Europe is now at 6,040 MW in 58 wind farms across ten countries - up from 4,336 MW in June 2012.

Twenty-one offshore wind farms are under construction or in preparation, with a total capacity of 5,694 MW.

The 277 wind turbines fully grid connected in  the first half of 2013 were in seven wind farms: Thornton Bank (BE), Gunfleet Sands 3 (UK), Lincs (UK), London Array (UK), Teesside (UK), Anholt (DK), BARD offshore 1 (DE).

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Dry Bulk Carrier Newbuilding Orders Surge

Dry bulk carrier newbuilding orders predominate among the contracts reported in the latest issue of the Clarkson Hellas S&P Weekly Bulletin. Dry bulk carriers One

Caspian Sea Shipyard Wins BP Exploration SCV Contract

Keppel supported Baku Shipyard has won a first major contract from BP Exploration (Shah Deniz) Ltd, the operator of the Shah Deniz gas field development, to design

OSI to Integrate Software for UK Royal Navy

OSI Maritime Systems (OSI) announced the signing of a contract to integrate its flagship software, ECPINS-W Sub, into the U.K. Royal Navy’s T45 Destroyer Integrated Bridge System (IBS).

Offshore

Singapore's Marine & Offshore Sector Powering Output

Singapore's first-quarter growth could be revised higher after data on Friday showed unexpectedly strong industrial output in March, double the pace of market expectations,

Gulf Island Fab Reports Q1 2014 Revenue Increase

Houston headquartered Gulf Island Fabrication, Inc. reported net income of $3.5 million ($0.24 earnings per share) on revenue of $134.7 million for its first quarter ended March 31,

Caspian Sea Shipyard Wins BP Exploration SCV Contract

Keppel supported Baku Shipyard has won a first major contract from BP Exploration (Shah Deniz) Ltd, the operator of the Shah Deniz gas field development, to design

Wind Power

Mammoet Uses World’s Biggest Crawler Crane to Install Legs on Ship

Mammoet, a global company in engineered heavy lifting and transport, said it is currently employing its LR13000, the biggest crawler crane in the world, to install

UK Subsidises 8 Renewable Energy Contracts

The British government on Wednesday awarded investment contracts under a new subsidy regime to eight renewable energy projects, including five offshore wind farms and three biomass plants.

POSH raises $311m in Singapore IPO

POSH prices IPO at S$1.15 per share, near bottom of indicative range. POSH focuses on service to production, maintenance and is keen on growing offshore accommodation business.

Offshore Energy

Singapore's Marine & Offshore Sector Powering Output

Singapore's first-quarter growth could be revised higher after data on Friday showed unexpectedly strong industrial output in March, double the pace of market expectations,

Gulf Island Fab Reports Q1 2014 Revenue Increase

Houston headquartered Gulf Island Fabrication, Inc. reported net income of $3.5 million ($0.24 earnings per share) on revenue of $134.7 million for its first quarter ended March 31,

Oceanteam Financial Transformation Aids 2013 Business

Diversified offshore shipping company Oceanteam's CEO, Haico Halbesma, writes in the Annual Report 2013 that it was a year of consolidation and operational focus for Oceanteam Shipping ASA.

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.5251 sec (2 req/sec)