offshore wind


Monday, September 18, 2023
Wind turbines off of Block Island
Offshore

Orsted CEO Says U.S. Offshore Wind Targets Not Out of Reach

By Scott DiSavino and Nichola Groom Sept 18 (Reuters) – U.S. President Joe Biden’s plan to deploy 30,000 megawatts (MW)

September 18, 2023
Total Views: 1598

Eneti offshore wind turbine installation vessel
Shipping

Eneti Lands Contract for Newbuild WTIV at Attractive Dayrate

Offshore wind installation vessel (WTIV) shipowner Eneti Inc. (NYSE:NETI) has announced a new vessel reservation contract for Seajacks UK Limited for one of

September 18, 2023
Total Views: 1422

Friday, September 15, 2023
Vineyard Wind wind turbine leaves New Bedford. Photo courtesy of Vineyard Wind.
Offshore

States Beg Biden to Bolster Offshore Wind While Projects Flounder

By Jennifer A. Dlouhy (Bloomberg) — Six US governors have implored President Joe Biden to boost support for the fledgling offshore wind industry amid

September 15, 2023
Total Views: 2942

FILE PHOTO: U.S. President Joe Biden holds up a wind turbine size comparison chart while attending a meeting with governors, labor leaders, and private companies launching the Federal-State Offshore Wind Implementation Partnership, at the White House in Washington, U.S., June 23, 2022. REUTERS/Kevin Lamarque/File Photo
Offshore

Biden’s Offshore Wind Target Slipping out of Reach as Projects Struggle

Sept 15 (Reuters) – President Joe Biden’s goal to deploy 30,000 megawatts of offshore wind along U.S. coastlines this decade to fight climate change

September 15, 2023
Total Views: 1472

Thursday, September 14, 2023
offshore wind turbines rendering
Offshore

Vattenfall Plans German Offshore Wind Farm After UK Project Exit

(Bloomberg) — Swedish state-owned utility Vattenfall AB is planning further investments in offshore wind energy in Germany, showing confidence in the

September 14, 2023
Total Views: 1143

Tuesday, September 12, 2023
MHI Vestas Offshore Wind Turbine
Offshore

UK’s Offshore Energy Industry Risks Missing Out on 95,000 Jobs

(Bloomberg) — If the UK doesn’t significantly ramp up renewables investment at a time when oil and gas is in decline, as many as 95,000 potential

September 12, 2023
Total Views: 827

Monday, September 11, 2023
The Empire Wind 1 and 2 and Beacon Wind 1 projects located off New York State. Illustration: Equinor
Offshore

BOEM Completes Environmental Review of Offshore Wind Project Off New York

The Bureau of Ocean Energy Management (BOEM) has completed its environmental review of the proposed Empire Wind offshore wind projects off New York, which BOEM

September 11, 2023
Total Views: 2170

Vineyard Wind wind turbine leaves New Bedford. Photo courtesy of Vineyard Wind.
Offshore

Vineyard Wind Ships Out First Turbine From New Bedford

Vineyard Wind shipped out the first GE Haliade-X Wind Turbine Generator (WTG) from New Bedford to its home location over 30 miles from Cape Cod. Foss Maritime,

September 11, 2023
Total Views: 3472

Friday, September 8, 2023
aerial of an offshore wind turbine
Energy

US Offshore Wind Slammed by Runaway Costs

(Bloomberg) — The US offshore wind industry, banking on a big boost from the landmark Inflation Reduction Act, has found itself face-to-face with a major

September 8, 2023
Total Views: 5200

Wednesday, September 6, 2023
Wind turbines off of Block Island
Offshore

Challenges Facing the U.S. Offshore Wind Industry: Inflation, Interest Rates, and Insufficient Subsidies

By Scott DiSavino and Nerijus Adomaitis Sept 6 (Reuters) – The value of Danish energy company Orsted, the world’s

September 6, 2023
Total Views: 2764

Tuesday, September 5, 2023
A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023.
Energy

Orsted Ready to Abandon U.S. Wind Projects Amid Challenges

(Bloomberg) — Orsted A/S said it’s prepared to walk away from projects in America unless the White House guarantees more support, highlighting the

September 5, 2023
Total Views: 15327

Wednesday, August 30, 2023
General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain.
Shipping

Orsted’s $2.3 Billion Hit is Latest Setback for America’s Offshore Wind Industry

(Bloomberg) — Orsted A/S’s potential $2.3 billion impairment on its US projects is just the latest in a string of recent setbacks for the nascent US

August 30, 2023
Total Views: 4693

Photo shows the Anholt offshore wind farm in Denmark. Photo courtesy Orsted
Energy

Orsted Shares Plunge as Company Warns of $2.3 Billion Hit from U.S. Offshore Wind Portfolio

(Bloomberg) — Orsted A/S shares plunged the most on record after the renewable energy company warned of impairments of as much as 16 billion Danish

August 30, 2023
Total Views: 2963

Tuesday, August 29, 2023
offshore wind farm under construction. DJ Mattaar / Shutterstock
Offshore

Hope for Offshore Wind Boom in Gulf of Mexico Fades With Low Bids

By Jennifer A. Dlouhy (Bloomberg) — The first-ever US government auction of leases to build wind farms in the Gulf of Mexico ended with only one tract

August 29, 2023
Total Views: 1783

Monday, August 28, 2023
Wind turbines off of Block Island
Offshore

Biden Administration Bets on Offshore Wind Boom in Oil-Rich Gulf of Mexico

By Jennifer A. Dlouhy (Bloomberg) — The Gulf of Mexico has been a hub for US oil production for decades. A government auction Tuesday could help make it

August 28, 2023
Total Views: 1119

File Photo: Wind farm in the North sea off the coast of United Kingdom.
Energy

First US Gulf Offshore Wind Auction to Fuel Region’s Green Hydrogen Push

Aug 28 (Reuters) – The U.S. Gulf Coast region, the nation’s primary offshore source of oil and gas, has cheap

August 28, 2023
Total Views: 897

File photo shows a Maersk Supply Service vessel operating at an offshore wind farm
Offshore

Maersk Supply Service to Cut Jobs as it Shifts Focus to Offshore Wind and OSVs

Maersk Supply Service will lay off around 130 people over the next two years as it scales down its operations to focus on offshore wind and offshore support

August 28, 2023
Total Views: 3247

Tuesday, August 22, 2023
Wind turbines off of Block Island
Offshore

Biden Administration Approves Fourth Commercial-Scale Offshore Wind Farm

The Department of the Interior has approved the Revolution Wind project, marking the fourth commercial-scale offshore wind project to receive federal approval

August 22, 2023
Total Views: 1193

Thursday, August 17, 2023
File Photo: Wind farm in the North sea off the coast of United Kingdom.
Offshore

Underinvestment in Offshore Wind Supply Chain Puts Global Targets at Risk, Report Shows

The global offshore wind supply chain will need a massive $27 billion worth of investment by 2026 to meet the forecasted growth in annual installations by

August 17, 2023
Total Views: 964

General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain.
Energy

Europe’s Biggest Offshore Wind Market is Heading For Disaster

(Bloomberg) — The UK’s annual renewable energy auction may not include offshore wind for the first time since the system for awarding subsidies began

August 17, 2023
Total Views: 4898