Latest News for: Offshore electricity


TotalEnergies and EnBW win $3.3bn German offshore wind tender

Splash24/7 24 Jun 2024
The second concession went to EnBW which will develop a 1GW offshore wind farm some 120 km northwest of Heligoland in 2031 and will cover the electricity needs of 1.35m households.

Steel industry seeks government pledge to buy British

The Times/The Sunday Times 24 Jun 2024
• Britain’s steel industry can have a bright future — if it goes electric. Those figures do not include the estimated £3.2 billion of steel needed by the offshore wind industry for the construction of ...

Tory pledge to review pylons could lead to energy bill hike, say experts

The Observer 24 Jun 2024
Energy and climate experts have hit out at Conservative plans to hold a review into electricity pylons, saying the manifesto pledge could increase energy bills and make it harder to reach net zero.

Labour would need to build wind farm bigger than London to meet energy promise, Tories claim

AOL 23 Jun 2024
Labour also plans to triple the country’s solar power and quadruple offshore wind by the end of the decade ... Onshore and offshore wind together supplied a record of almost 30 per cent of Britain’s electricity last year. .

8.1% dividend yield! 2 dirt cheap passive income stocks I’d buy to target £1,620

The Motley Fool 23 Jun 2024
The London stock market has been underperforming for years. But it’s not all bad news ... Cheap REIT ... The business owns onshore and offshore wind farm assets all across Europe, from which it sells power to electricity companies ... Passive income stocks.

Beneath offshore wind turbines, researchers grow seafood and seaweed

Wtop 21 Jun 2024
In 1991, Denmark became the first country in the world to install a commercial offshore wind park. More than 30 years later, nearly half of the Danish electricity production derives from wind turbines.

Never Say Die: There's a Couple New Government Wind Farm Ideas Floating Around

Hot Air 21 Jun 2024
Which, I have to say right off the bat I find very confusing, because I thought that Maine banned offshore wind in 2021. US state Governor of Maine Janet Mills has signed a law prohibiting new offshore wind projects in the state’s waters.

The Tories will leave one great green legacy that few noticed – Labour must build ...

The Guardian 20 Jun 2024
offshore wind power. Turning steadily in the breeze, the vast array of offshore and onshore turbinesaround Great Britain provide about a quarter of our electricity needs, with no carbon emissions and at a cost below imported gas or nuclear generation.

India allocates over $890m in funding for offshore wind

Splash24/7 20 Jun 2024
According to the Indian government, the successful commissioning of 1GW offshore wind projects will produce renewable electricity of about 3.72bn units annually, which will result in an annual ...

The Tories will leave one great green legacy that few noticed – Labour must build upon it

The Observer 20 Jun 2024
offshore wind power ... As a resultof this and similar policies, the cost of offshore wind in Europe has fallen by 60% over the past decade, to become a cheap source of electricity ... Offshore wind is a rare manufacturing success story, too.

India Approves $894 Million Offshore Wind Funding Program

MarineLink 20 Jun 2024
The combined 1 GW offshore wind energy projects in Gujarat and Tamil Nadu will produce renewable electricity of about 3.72 billion units annually, the statement added.

India Approves Plan for First Two Offshore Wind Farms

The Maritime Executive 20 Jun 2024
The Indian cabinet on Wednesday approved the approach and framework for the country’s first offshore wind farms ... The cabinet agreed to invest a total of approximately $891 million to start the development of the offshore wind energy sector.

Solar energy best option for St. Maarten, TNO concludes, but no clear plans in sight

The Daily Herald - St Maarten 20 Jun 2024
PHILIPSBURG--Solar energy appears to be the best option for increasing renewable electricity in St ... Maarten suggested a third-party sustainable electricity production model, with GEBE purchasing and distributing the electricity.

Ministry proposes removing FiT for more competitive renewable energy prices

Vietnam News 20 Jun 2024
For wind power projects that started operations before November 1, 2011, the FiT price is 9.8 cents per kWh for offshore and 8.5 cents for onshore wind energy. According to Việt Nam Electricity, as of ...

Offshore wind energy will come at a a high cost to Northeast taxpayers

Daily Messenger 19 Jun 2024
The capital investment for offshore wind is nearly five ... For many states, especially coastal states that are planning to develop offshore wind, electricity is expensive and will become even more so.

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