Wind Archives - Page 8 of 15 -

Big Oil’s move to offshore wind risks inflating seabed prices – Orsted

June 21, 2021

Reuters COPENHAGEN – The world’s largest offshore wind developer Orsted ORSTED.CO is concerned that Big Oil’s eagerness to harness wind at sea could push up prices for seabed leases, making the technology less competitive, its chief executive told Reuters. European oil firms including Total TOTF.PA, BP BP.L, Equinor EQNR.OL and Shell RDSa.L have all outlined plans to speed up investments in renewables, including offshore wind, as

Shell plans to bid in Norway’s 1st offshore wind tender

June 17, 2021

Nasdaq OSLO – Oil major Shell (RDSa.L) teamed up with Norwegian utilities BKK and Lyse to bid in the Nordic country’s first offshore wind tender expected next year, the companies said on Thursday. Shell has been active in oil and gas extraction on the Norwegian continental shelf for several decades, and like many of its peers sees offshore wind as a

Wind turbine giant Siemens Gamesa lays out plan to drive down cost of ‘green’ hydrogen

June 10, 2021

CNBC So-called “green” hydrogen production using onshore wind turbines could achieve price parity with fossil-based hydrogen by the year 2030, according to a white paper from Siemens Gamesa Renewable Energy. In a statement on Wednesday the firm — a major player in wind turbines — also said that green hydrogen produced using wind from the offshore sector could achieve price parity

Orsted plans $57 billion drive to be No.1 in green energy

June 2, 2021

Reuters COPENHAGEN -Orsted, the world’s largest offshore wind farm developer, is ramping up its investment in renewables to $57 billion by 2027, seeking to become a global leader in green energy and fend off growing competition. The Danish firm, which sold its oil and gas business in 2017, has benefited hugely from policies to implement the 2015 Paris Agreement, a

Europe’s ports will need $7.9 billion of investment to support offshore wind expansion, report says

May 28, 2021

CNBC European ports will require new infrastructure and significant investment over the next few years to cope with the growth of the region’s offshore wind sector, according to a new report from industry body WindEurope. In its report, published on Thursday, the Brussels-based organization said Europe’s ports would have to invest 6.5 billion euros (around $7.9 billion) by 2030 in

Exclusive 360 Energy Expert Network Video Discussion: Renewable Natural Gas Creates Path for Net-Zero Carbon

May 11, 2021

Renewable Natural Gas (RNG) is rapidly gaining momentum as a key strategy for energy, technology, manufacturing and utility companies to achieve their net-zero carbon emissions goals. On April 7th Rice Acquisition Corp. (NYSE: RICE), a Special Acquisition Company, validated RNG as an investible business model by announced a deal to acquire Aria Energy for $680 million and Archaea Energy for

Offshore wind firm to work with researchers on recycling glass fibers to tackle blade waste

April 23, 2021

CNBC A collaboration between academia and industry is to focus on the recycling of glass fiber products, in a move that could eventually help to reduce the waste produced by wind turbine blades. In an announcement on Thursday, the University of Strathclyde, which is based in Glasgow, Scotland, said it had signed a memorandum of understanding with Aker Offshore Wind

A ‘quantum leap’: Monster wind turbines are going to get even bigger

April 16, 2021

CNBC LONDON — If there’s one word that can be associated with wind energy, it’s “big.” From billion-dollar deals to vast wind farms capable of powering a million homes, the industry has undergone a massive expansion in the last few years. According to a recent report from the Global Wind Energy Council, the sector installed 93 gigawatts (GW) of new capacity in 2020,

Exclusive 360 Energy Expert Network Video Discussion: “Pioneer Energy’s ESG Solution for Well Pad Methane Emissions”

April 2, 2021

Publishers Note: EnerCom’s Dan Genovese interviews Joe Palaia and Eyal Aronoff with Pioneer Energy to discuss their new, single skid, well pad system that eliminate 90% point source emissions, increases crude volume, and dramatically reduces equipment footprint at the same costs as existing equipment arrays.

Global wind turbine commissioning jumps by record 59%: research

March 10, 2021

Reuters LONDON – The commissioning of new wind turbines globally surged by a record 59% to more than 96 gigawatts (GW) of capacity last year despite the COVID-19 pandemic, research by BloombergNEF showed on Wednesday. Developers commissioned 96.3 GW of wind turbines in 2020, compared with 60.7 GW the previous year, the majority of which were onshore installations. Meanwhile, the

Dow exec sees climate change as opportunity for petchem innovation

February 25, 2021

Reuters SINGAPORE – Dow Inc is adjusting its carbon footprint and product slate to adapt to climate change and tap evolving consumption trends tied to the global energy transition, a senior executive said this week. Dow has pledged to become carbon neutral by 2050 by boosting the use of renewable energy, such as wind power in the southern United States,

Denmark’s Orsted’s shares drop after it forecasts lower wind speeds

January 13, 2021

Reuters COPENHAGEN – Shares in offshore wind farm developer Orsted fell sharply in early trading on Wednesday after it said a return to more normal wind speeds this year would hit operating profit. The Danish company on Tuesday lifted its operating profit guidance for 2020, but said it expected a lower figure this year due to reduced wind speeds and

Premium Content