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offshore wind


Friday, November 17, 2023
offshore wind farm
Offshore

Offshore Wind Industry Crisis Deepens as Japan Firms Exit Taiwan Projects

By Sing Yee Ong (Bloomberg) — Japanese companies are dropping out of offshore wind projects in Taiwan, one of fastest growing markets for the

November 17, 2023
Total Views: 2296

Thursday, November 16, 2023
File Photo: Wind farm in the North sea off the coast of United Kingdom.
Offshore

UK Ramps Up Wind Farm Support to Revive Crisis-Hit Industry

(Bloomberg) — The UK government raised the support price for new offshore wind farms by 66% as it tries to rekindle investment in a crisis-hit sector

November 16, 2023
Total Views: 758

Monday, November 13, 2023
A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Orsted Quits Norway Offshore Wind Projects

By Rachel Morison and Priscila Azevedo Rocha (Bloomberg) — Orsted A/S has withdrawn from a partnership developing offshore wind projects in Norway as

November 13, 2023
Total Views: 4328

Monday, November 6, 2023
Wind turbines off of Block Island
Offshore

White House Remains Optimistic on Offshore Wind

By Valerie Volcovici WASHINGTON, Nov 6 (Reuters) – Denmark’s Orsted is still “committed” to

November 6, 2023
Total Views: 1534

Thursday, November 2, 2023
ocean wind 1 project
Offshore

Biden Climate Goal Within Reach Despite Offshore Wind Setbacks

By Leslie Kaufman (Bloomberg) — The cancellation this week of two major wind projects off the coast of New Jersey effectively sinks President Joe

November 2, 2023
Total Views: 1192

Wednesday, November 1, 2023
A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Crisis in U.S. Offshore Wind Industry Escalates

(Bloomberg) — The crisis engulfing the US offshore wind industry escalated as Orsted A/S and BP Plc became the latest developers to take large writedowns

November 1, 2023
Total Views: 5198

Orsted Halts Offshore Wind Projects Off New York and New Jersey
Offshore

Orsted Halts Offshore Wind Projects Off New York and New Jersey

Nov 1 (Reuters) – Renewable energy firm Orsted on Wednesday halted the development of two U.S. offshore wind projects and said

November 1, 2023
Total Views: 1565

Tuesday, October 31, 2023
Wind turbines off of Block Island
Offshore

Why the US Offshore Wind Industry is in the Doldrums

Oct 31 (Reuters) – Energy giants BP and Norway’s Equinor have booked hundreds of millions of dollars worth of impairments on their

October 31, 2023
Total Views: 5688

Monday, October 30, 2023
General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain.
Energy

As Wind Industry Struggles, Investors Brace for Orsted Losses

(Bloomberg) — As the German government scrambles to prop up Siemens Energy AG, another major European wind firm faces its own moment of truth after

October 30, 2023
Total Views: 2065

Friday, October 27, 2023
aerial of an offshore wind turbine
Offshore

Equinor Takes $300 Million Hit on U.S. Offshore Wind, But Remains Hopeful

OSLO, Oct 27 (Reuters) – Norway’s Equinor booked a $300 million impairment on its U.S. offshore wind power portfolio on Friday after New York

October 27, 2023
Total Views: 1847

Wednesday, October 25, 2023
offshore wind farm under construction. DJ Mattaar / Shutterstock
Offshore

Whale Buffer Zone Could Thwart Gigawatts of US Offshore Wind

By Jennifer A. Dlouhy (Bloomberg) — Nearly 3 gigawatts of offshore wind capacity could be imperiled if the US government imposes a 20-kilometer

October 25, 2023
Total Views: 2704

Tuesday, October 24, 2023
aerial of an offshore wind turbine
Offshore

New York Throws Support Behind Offshore Wind With Three Project Awards

Oct 24 (Reuters) – New York officials on Tuesday said the state has awarded conditional contracts to three offshore wind projects as

October 24, 2023
Total Views: 1550

Thursday, October 19, 2023
A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023.
Offshore

Offshore Wind Developers Likely to Cancel Some Contracts After NY Decision

By Scott DiSavino Oct 19 (Reuters) – Developers in the U.S. offshore wind industry will likely cancel some power sales contracts in New York after

October 19, 2023
Total Views: 3813

Wednesday, October 18, 2023
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 2030 Offshore Wind Target Seems Increasingly Unlikely

By Will Wade and Jennifer A Dlouhy (Bloomberg) — When President Joe Biden in 2021 laid out a target of deploying 30 gigawatts of offshore wind

October 18, 2023
Total Views: 1225

Friday, October 13, 2023
A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Orsted Slumps as US Wind Cost Ruling Stokes Writedown Fear

By Todd Gillespie and Allegra Catelli (Bloomberg) — Orsted A/S shares dropped to a six-year low after New York regulators rejected a cost adjustment for

October 13, 2023
Total Views: 3761

Wind turbines off of Block Island
Environment

Wind Farm Impacts on Whale Habitat Is Still a Mystery, Scientists Say

(Bloomberg) — The US should direct more study of how offshore wind farms affect water flows and a food source for critically endangered whales near the

October 13, 2023
Total Views: 868

Thursday, October 12, 2023
A jackup works to prepare the seabed for a cable that will connect the South Fork Wind offshore wind farm, 35 miles east of Montauk Point to the onshore electric grid. Photo courtesy South Fork Wind
Offshore

New York Ruling Deals Latest Blow to US Offshore Wind Industry

By Will Wade (Bloomberg) –Offshore wind developers are reevaluating some New York projects after regulators rejected higher rates by Equinor ASA, Orsted

October 12, 2023
Total Views: 11939

A stock photo of a vessel servicing an offshore wind farm at sunset
Offshore

New York State Denies Higher Rates for Offshore Wind and Renewable Projects

The New York State Public Service Commission (Commission) has rejected petitions filed by offshore wind developers and a renewable energy trade association,

October 12, 2023
Total Views: 1670

The first offshore wind turbine at the Dogger Bank wind farm
Offshore

World’s Largest Offshore Wind Farm Produces First Power

Norwegian energy major Equinor has announced the first power production from the world’s largest offshore wind farm, Dogger Bank. The offshore wind farm

October 12, 2023
Total Views: 1719

Wednesday, October 4, 2023
Wind turbines off of Block Island
Offshore

New England States Agree to Buy Offshore Wind Power Amid Industry Challenges

Oct 4 (Reuters) – Three U.S. states in New England – Massachusetts, Rhode Island and Connecticut – on Wednesday agreed to jointly

October 4, 2023
Total Views: 2364
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