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The world’s starting to turn its gaze offshore for power. Historically, onshore projects dominate the wind power sector’s project pipeline. Currently, 93% of global wind power capacity is onshore.1 However, better technology, lower costs, and more policy support for renewable energy are making offshore wind power attractive. These factors coupled with built-in advantages such as proximity… Read More
US offshore wind farm projects South Fork, Sunrise Wind, Leading Light, and Beacon Wind 2 have submitted bids in New York’s third solicitation round. The four projects are seeking offshore wind power contracts from the New York State Energy Research and Development Authority (NYSERDA). Orsted and Eversource are developing the 130MW South Fork and the… Read More
The Port of Long Beach plans to build a new terminal on up to 400 acres that when completed would be the largest floating offshore wind turbine assembly system at a U.S. seaport, officials said. Conceptual assessment for the project, Pier Wind, is expected to complete next year, said Mario Cordero, port executive director, in… Read More
Cemre Shipyard has awarded Norwegian Electric Systems AS (NES) a contract to deliver energy design, and smart control systems for two “Windkeeper” service operations vessels (SOV) that the Turkish shipyard is building for GC Rieber Shipping. NES’ scope of work is to manage the complete energy design plus act as system integrator for the vessels’… Read More
The United States is trying to reduce its reliance on fossil fuels in order to meet its climate goals under the Paris climate agreement. A major contributor to U.S. greenhouse gas emissions is the energy sector, which accounts for about 25% of total emissions. The Biden administration wants to significantly reduce this figure and is pushing… Read More
In 2023, federal agencies are poised to deliver rapid advancements in the development of offshore wind projects in the United States. In particular, the Biden administration’s Bureau of Ocean Energy Management (BOEM)—the federal agency with critical authority over offshore wind assets developed and built in federal waters—is the fulcrum of this advancement and has taken… Read More
The Netherlands’ new offshore wind farm Hollandse Kust Noord seeks to address the variability of wind speed and output with innovative new solutions. Being developed by CrossWind, a joint venture between Shell and Eneco, the project will incorporate a fuel cell system from Ballard Power Systems for a 1 MW stationary power project. “In CrossWind,… Read More
The developing offshore wind power industry is highlighting the urgent need for federal and state coordination and planning to address the transmission component necessary to bring offshore power online. According to a new report commissioned by the industry group American Clean Power (ACP), it is critical to take a collaborative approach to the transmission of… Read More
A mentoring and accelerator program known as the Offshore Wind Innovation Hub is launching in New York to identify and help develop promising start-ups to drive innovations in the offshore wind industry. The first call for applications runs through March 2023 focusing on finding start-ups that provide innovative technology and solutions related to the development… Read More
The war in Ukraine has created a windfall for Norway’s offshore oil and gas producers, with sharply higher prices and record-setting demand for Norwegian gas. According to state subsea pipeline operator Gassco, European customers’ urgent need to replace Russian energy created an “all-time high demand for Norwegian natural gas” in 2022. Over the span of… Read More
A floating offshore wind research project off the coast of Maine has cleared another regulatory hurdle. The Bureau of Ocean Energy Management (BOEM) has now announced a Determination of No Competitive Interest for the proposed research lease area. This decision follows BOEM’s Request for Competitive Interest (RFCI) in the Gulf of Maine, which was issued last… Read More
Copenhagen Infrastructure Partners (CIP), on behalf of Copenhagen Infrastructure Fund IV, is pleased to announce that it has sold its 100% ownership interest in the Travers Solar project to a fund managed by Axium Infrastructure. Located about 130 km south of Calgary in Alberta, Canada, Travers has a total capacity of 465 MWac / 691… Read More
Further demonstrating the strong demand emerging in the offshore wind energy sector for prime locations, the UK’s Crown Estate concluded agreements for leases on six new offshore wind sites as part of the country’s fourth round of leasing. The annual option fees set by the companies through the auction process stand to provide £1 billion… Read More
Saipem has been awarded two offshore contracts for a total amount of approximately 900 million USD. The first contract – in partnership with Aker Solutions do Brasil – has been awarded by Total Energies, for the LAPA Southwest (LAPA SW) Development Project, a deepwater oil field in the Santos Basin in the South Atlantic, 270 kilometres… Read More
The UK’s Royal Fleet Auxiliary is set to take delivery in the next few days on the first of two vessels designed to support offshore subsea construction to initiate the Ministry of Defense’s new mission to patrol and protect key subsea assets. British Prime Minister Rishi Sunak has made the program one of his priorities… Read More