Marine Link
Friday, September 30, 2016

EON to Cut Cost of Offshore Wind Farms 40 Percent

March 21, 2012

EON AG, Germany’s largest utility, expects to cut costs for building offshore wind farms about 40 percent by 2015, as it embarks on a $9 billion renewable energy expansion plan.

“Renewables are a mainstay of our corporate strategy, and wind power in particular is one of our growth businesses,” said Chief Executive Officer Johannes Teyssen at company headquarters in Dusseldorf.

EON seeks to build wind farms off the U.K., Scandinavia and German coastlines, including the 1-billion euro Amrumbank West project in the North Sea, which Siemens AG, Europe’s largest engineering company, will supply with 80 of its wind turbines.

“We intend to commission a new offshore wind farm every 18 months,” Teyssen said. (Bloomberg)
 



Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News