Shanghai Electric details strategy for China’s wind power market


With China’s first 8 MW offshore wind turbine featuring ‘black start’ technology entered service recently, Shanghai Electric had an opportunity with BloombergNEF to share its strategy and insights into China’s wind power market, as well as the company’s development in delivering the wind energy systems with higher reliability, robustness and stability for a more secure, sustainable and low-carbon economy in the future.
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East Anglia ONE offshore wind farm reaches milestone


The East Anglia ONE offshore wind farm in the UK North Sea is fully operational, according to ScottishPower Renewables.

East Anglia ONE, a joint venture between ScottishPower Renewables and Macquarie’s Green Investment Group, is a £2.5-billion ($3.2-billion) project and the first of four offshore wind farms ScottishPower Renewables is developing in the region.
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Offshore wind energy investment quadruples despite Covid-19 slump


Global offshore wind investment more than quadrupled in the first half of the year even as the coronavirus pandemic triggered an unprecedented economic shock.

A report has found that investors gave the greenlight to 28 new offshore windfarms worth a total of $35bn (£28bn) this year, four times more than in the first half of 2019 and well above the total for last year as a whole.

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German renewable energy output surges on offshore wind updraft

offshore windGermany’s offshore wind power production has surged by almost 25% this year, or 24TWh, up from 19.5TWh in 2018, helping to carry the share of renewables in Europe’s largest economy to 43% of its gross power consumption.

That was up from 38.2% in 2018, preliminary figures from solar and hydrogen research centre Baden-Württemberg (ZSW) and the German federation of energy and water industries (BDEW) show. Continue reading “German renewable energy output surges on offshore wind updraft”

EDF Renewables & Shell form joint venture & invest in New Jersey offshore wind

EDF Renewables North America and Shell New Energies US LLC announced that the companies have formed a 50/50 joint venture, Atlantic Shores Offshore Wind, LLC to co-develop OCS-0499 lease area within the New Jersey Wind Energy Area (WEA). The lease area holds the potential to produce approximately 2,500 MW of offshore wind energy – enough to power close to one million homes.

This transaction is subject to regulatory approvals. Construction is subject to positive final investment decision.

The lease comprises 183,353 acres about eight miles off the coast of Atlantic City on the U.S. Outer Continental Shelf (OCS). The area offers strong and steady wind resources in relatively shallow water, close to large population centers with associated electricity demand.

“Shell has bold ambitions to grow our renewable power business and we see great potential in U.S. offshore wind,” said Dorine Bosman, VP Shell Wind Development. “Gaining access to this acreage in New Jersey complements our successful entry to Massachusetts and our existing renewable generation business. Building on the strength of our brand and presence allows us to continue providing our customers with more and cleaner energy.” Continue reading “EDF Renewables & Shell form joint venture & invest in New Jersey offshore wind”

Europe is building more wind and solar — without any subsidies

The French electric utility Engie announced last week that it’s going to develop 300 megawatts of wind energy across nine wind farms in Spain, backed by $350 million (€300 million) in investment.

Here’s the key: It’s doing all this without government support. And it’s far from the only European energy company willing to make a bet like this.

In March, the Swedish power company Vattenfall announced it won its bid to build a 700 MW offshore wind farm in the Netherlands, which would make it the first nonsubsidized wind energy project in the land of windmills.

Over in Germany, in the country’s first competitive power auction last spring, the federal grid regulator accepted four bids for a total of 1,490 MW of offshore wind capacity in the North Sea, with an average subsidy rate of €0.44 per kilowatt-hour. That’s low. And why so low? Because one of the bidders, the Danish wind energy firm Dong (now Ørsted A/S), submitted a bid with a subsidy rate of zero. Continue reading “Europe is building more wind and solar — without any subsidies”