DNV GL Mulls Digitalization in Wind Energy
Digitalization is already playing a major role in the growth of wind energy, but it can still drive further improvements in operational efficiency, decision making and cost efficiency – if it can overcome concerns around data sharing.According the report ‘Digitalization and the Future of the Wind Energy Industry’ published by DNV GL, iproving operational efficiency (identified by 52% of respondents), decision making (42%) and cost efficiency (40%) are top priorities for further…
LNG Imports in Turkey Projected to Reach 9 MMT by 2025
Rising demand from industrial sector, growing use for power generation and declining average landed prices to drive demand for LNG in Turkey through 2025, says TechSci Research report on Turkey LNG Market. LNG Imports in the country is projected to surpass 9 MMT by 2025. Increasing application of LNG in industrial sector for manufacturing of glass, ceramics, fertilizer, cement and steel, coupled with rising mining activity for chrome and copper are the major factors driving demand for LNG in Turkey.
Regulatory Okay for UK Offshore Wind Farm Extension
Existing wind farm has 367 MW capacity; extension is for a further 750 MW capacity. The British government has given consent for an offshore wind farm off Cumbria in the Irish Sea to be extended, Britain's Planning Inspectorate said on Friday, tripling its total electricity generation capacity. Walney wind farm currently has capacity of 367 megawatts (MW) and is owned by DONG Energy and SSE. The extension, owned solely by DONG Energy, will be to the west and northwest of the existing site, adding up to 750 MW of capacity. "This is a significant application for the offshore wind energy sector. It could add 207 offshore wind turbines to the existing 102 turbines of Walney 1 and 2 to generate enough to provide electricity to over half a million homes…
UK Offshore Wind Farm Gets Okay for Growth
Existing wind farm has 367 MW capacity; extension is for a further 750 MW capacity. The British government has given consent for an offshore wind farm off Cumbria in the Irish Sea to be extended, Britain's Planning Inspectorate said on Friday, tripling its total electricity generation capacity. The extension of the Walney wind farm developed by DONG Energy and SSE will be to the west and northwest and will add up to 750 megawatts (MW) of generating capacity to the 367 MW currently. "This is a significant application for the offshore wind energy sector.
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. The projects together are worth 12 billion pounds ($20 billion) and will support 8,500 jobs in Britain's energy sector, adding up to 4.5 gigawatts (GW) in new electricity generation capacity, the government said. The contracts were awarded on Wednesday under Britain's new contracts-for-difference scheme which gives renewable power generators certainty of a minimum electricity price over 15 years.
ABB Commissions North Sea Wind Energy Link
ABB commissions Thornton Bank wind farm connection in the North Sea which will see 325 megawatts of clean wind energy integrated into the Belgian grid. The project was completed ahead of schedule. The Thornton Bank wind farm was inaugurated by the Belgian Prime Minister Elio Di Rupo, adding more than 1,000 gigawatt-hours (GWh) of electricity generation capacity per year to the Belgian grid. This is the equivalent to the annual power consumption of about 300,000 households in Belgium.
Offshore Wind Energy in the UK
Wind energy will play an essential role in meeting the EU's target for 20% renewable energy by 2020 and achieving a secure, environmentally friendly and affordable supply of energy for European citizens and businesses. The Communication on Offshore Wind Energy identifies the challenges that need to be tackled to exploit Europe's potential for offshore wind energy, and how EU action can help in meeting these challenges. Key themes include the need for more cross-border cooperation to share experiences and coordinate better in fields such as electricity grid and maritime spatial planning…
Petrobras to Unveil Offshore Oil, Gas Plan
Petrobras plans to announce oil and natural gas exploration and production plans for the Santos Basin today in Santos, Brazil, home to Latin America's largest port. The Santos Basin contains Brazil's largest proven gas reserves. Brazil gets about half of its natural gas, 24 million cubic meters a day, from Bolivia where unrest has threatened supplies and new taxes have raised costs. A shortage of natural gas in Brazil is already forcing companies to consider expansion abroad. Petrobras' $56 billion plan to almost double oil and gas output by 2010 includes provisions to boost Brazil's gas-fired electricity generation capacity. If Brazil fails to expand generation capacity, it faces economic slowdown and energy shortages as early as 2008, according to Bloomberg. (Source: Bloomberg)