Offshore Wind
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Energy Storage
ERCOT and CAISO market trends and successful bid optimization
Battery energy storage systems (BESS) play an essential role in balancing grids with high renewable energy. They can charge during low price hours and discharge during high price hours in the wholesale markets, or support grid stability participating in the ancillary markets. It is important for BESS owners to maximise their profit by deciding how […]
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Interview
The POWER Interview: Driving the Development of Distributed Generation
The use of distributed energy resources (DERs), which can include solar panels, wind turbines, batteries, fuel cells, and more, is increasing as the power generation sector becomes more decentralized. The future of the distributed energy generation market is promising, as more commercial and industrial customers, along with residential electricity users, look for cleaner sources of […]
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Offshore Wind
2-GW Offshore Grid Connection Takes Shape in the German Baltic Sea
50Hertz, the transmission system operator (TSO) for eastern Germany, has awarded its Ostwind 4 project to GE Vernova, in consortium with Drydocks World, a DP World company that provides marine and offshore services to the renewable energy sector, among others. The project involves the design, construction, and commissioning of a 2-GW high-voltage direct-current (HVDC) electric […]
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Renewables
Vestas Will Supply Turbines for 1.1-GW Scottish Offshore Wind Project
Wind turbine manufacturer Vestas said the company will supply, install, and commission dozens of the company’s 15-MW turbines for the 1.1-GW Inch Cape offshore wind project in Scotland. The company on Dec. 16 said the order is for 72 of Vestas’ V236-15.0-MW turbines. The Inch Cape site is in the North Sea, about 9 miles […]
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Offshore Wind
Cutting-Edge Process Turns Wind Turbine Blades Into Reusable Materials
A damaged 44-meter turbine blade from Vattenfall’s Kentish Flats Offshore Wind Farm has been recycled by Plaswire, a Northern Ireland-based company. Plaswire has developed a sustainable solution which overcomes the challenge of what to do with scrap wind turbine components. The recycling process will give new life to the old blade, by turning it into […]
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Renewables
Norway’s Equinor Cuts 20% of Renewable Energy Staff
European energy major Equinor said it is cutting 20% of the workforce, or about 250 jobs, in its renewable energy division due to continued economic challenges. The Norway-based company said the layoffs are part of the company’s effort to streamline its operations. Equinor in recent months has canceled offshore wind projects in several countries, including […]
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Power
WoodMac Analysis Says Trump Energy Agenda Will Face Roadblocks
An analysis from global data and analytics group Wood Mackenzie says Republican control of the White House and Congress means U.S. energy policy will move away from net-zero emissions targets, but there remains bipartisan support for the Inflation Reduction Act (IRA). The group also said competitive economics for renewable power resources mean the energy transition […]
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Renewables
Vattenfall Investing $5 Billion in Germany for Renewable Energy
Swedish energy giant Vattenfall plans to invest more than $5 billion in Germany to increase the company’s renewable energy portfolio in that country. Robert Zurawski, Vattenfall’s chief financial officer in Germany, said the group will build more wind and solar farms in Germany, along with EV charging stations, over the next few years. Zurawski on […]
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Renewables
Siemens Gamesa Inks $1.3B Wind Turbine Deal with ScottishPower
An offshore wind farm in the southern part of the North Sea will feature turbines from Siemens Gamesa after the company signed a supply agreement with ScottishPower. The deal announced Nov. 11 is for 64 of Siemens Gamesa’s SG 14-236 DD turbines that will be installed at East Anglia TWO, a wind farm located just […]
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News and Notes
Dominion Sells 50% Stake in $10B Offshore Wind Project
Dominion Energy has sold a 50% noncontrolling interest in its 2.6-GW Coastal Coastal Virginia Offshore Wind (CVOW) commercial project to infrastructure investment group Stonepeak. The Richmond, Virginia–headquartered utility in an Oct. 25 financial filing said it received proceeds of $2.6 billion for the sale. The amount represents “reimbursement of approximately 50% of project-to-date capital investment.” […]
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Renewables
Offshore Wind Milestone: China’s Dongfang Unveils 26-MW Turbine
Chinese state-owned manufacturer Dongfang Electric announced the company has completed production of a 26-MW offshore wind turbine, continuing a trend of ever-more-powerful turbines from that country. The turbine’s nacelle, shown dwarfing company workers in a photo posted to social media on October 12, now ranks as the world’s largest. Dongfang said it has been designed […]
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Commentary
How the Presidential Election Could Impact Renewable Energy Tax Credits
President Biden signed the Inflation Reduction Act (IRA) into law in 2022. The IRA is the largest public investments in renewable energy in American history and created more than 20 different tax incentives for renewable energy and related manufacturing. Certain Republic politicians have directed vitriol at the IRA. However, even if Republicans win the White […]
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Offshore Wind
RWE, TotalEnergies Developing 4 GW of Offshore Wind for Germany
German multinational energy company RWE is joining with France’s TotalEnergies to jointly develop two large-scale offshore wind projects off the German coast. The companies on October 7 announced that TotalEnergies is acquiring a 50% equity stake in the two projects from RWE, which was awarded the sites in Germany’s latest offshore wind auction in August […]
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Business
Offshore Wind Growth and HVDC Developments in the North Sea: Key Trends and Future Outlook
Europe is pursuing an ambitious energy transition to become the world’s first climate-neutral continent by 2050. To reach this goal, the region has set stringent targets to decrease reliance on Russian fossil fuels and increase the adoption of renewable energy across the power and transportation sectors. Significant strides are being made in developing solar and […]
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Offshore Wind
California Confirms Strategy for Centralized Offshore Wind Procurement
Following more than three years of planning and analysis, California has established an offshore wind goal of 7,600 MW, with procurements starting as early as 2027. Through its central procurement efforts, California intends to bring about a “market transformation” to help reduce the costs of particular technologies, like offshore wind, allowing them to be developed […]
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Renewables
ACP Report Shows Record-Breaking Quarter for Clean Energy Installations
Installations of renewable energy projects hit 19 GW of generation capacity through the first half of 2024, more than double the five-year average for that time period, according to a report from the American Clean Power Association (ACP). The ACP on September 5 released its “Clean Power Quarterly Market Report | Q2 2024,” and said […]
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Renewables
Coming Together for Clean Energy: Supplement to POWER and RE+
POWER is proud to partner with RE+ as we provide information and insight for attendees of the largest renewable energy event in North America. RE+ celebrates its 20th anniversary this year, with the conference making its return to Anaheim, California. The 2024 event, running September 9 through 12, is building on its past success as […]
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Offshore Wind
South Fork: A Positive Turn for U.S. Offshore Wind
South Fork Wind, the first commercial-scale offshore wind project to come online in the U.S., and New York’s first offshore wind farm, marks a milestone for the industry’s future in America. The U.S
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Commentary
Gearing Up for Experience POWER Week
Every year, I look forward to attending several power industry events. Among my favorites is the big event POWER hosts, known as Experience POWER Week. The conference will be held this year at the Renaissance
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Offshore Wind
Mingyang Says 20-MW Offshore Wind Turbine Installed in South China Sea
China’s Mingyang Smart Energy said it has completed installation of the company’s MySE18.X-20MW offshore wind turbine at a project in Hainan, according to a statement posted on the group’s LinkedIn page. The company said the turbine, which it calls “the world’s largest single-capacity offshore wind turbine,” was installed at the Hainan site on August 28. […]
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Interview
How Trump or Harris Would Alter the U.S.’s Energy and Power Landscape
A new U.S. president will be inaugurated in less than five months. Polls show the race between Donald Trump and Kamala Harris to be very close, with potentially only a few swing states deciding the election. While energy policy may not be a deciding factor for many Americans in choosing who they will vote for, […]
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Commentary
Two Years After IRA: Carbon Capture Coalition Executive Director Reflects on Coalition’s Progress and What’s to Come
This week marks the second anniversary of the Inflation Reduction Act (IRA), a critical milestone for the section 45Q tax credit, the foundational policy for the deployment of carbon management technologies, which was further enhanced in the IRA. The 45Q tax credit provides a credit on a per-ton basis for carbon that is captured from […]
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Legal & Regulatory
Post-Chevron Ushers in ‘New Normal’ For Regulated Community
The U.S. Supreme Court recently overturned the longstanding Chevron doctrine, a foundation of administrative law for 40 years, when it ruled on Loper Bright Enterprises v. Raimondo . The impacts on a wide
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Offshore Wind
Ireland’s Energy Strategy Embraces Offshore Wind
The global wind industry is entering a new phase of accelerated growth as both companies and countries adopt ambitious sustainable energy goals. 2023 was a record year for wind installations, with a 50%
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Offshore Wind
Shanghai Group Calls for 29 GW of Offshore Wind to Support Grid
China’s central government has approved Shanghai’s plan to build 29 GW of offshore wind generation capacity, part of the city’s strategy to build more energy infrastructure and diversify the electricity mix. Reports said the plan was devised by the Shanghai Municipal Development and Reform Commission, with a goal to have offshore wind generate as much […]
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Renewables
Offshore Wind Group Looks to Challenge China’s Dominance of Sector
Countries active in the offshore wind industry continue to consider steps to counter China’s dominance of the sector. The latest to announce a move is South Korea, where officials recently announced they may work with a global offshore wind industry group in order to better compete with China. Officials have said joining the Global Offshore […]
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Renewables
Nearly 5 GW of New Offshore Wind Power Approved for the U.S. Northeast
Over the past week, the offshore wind power sector in the U.S. received two major federal approvals that could add nearly 5 GW to the grid. On July 1, the Bureau of Ocean Energy Management (BOEM) approved a construction and operations plan (COP) for Avangrid’s 791-MW New England Wind 1 project and 1,080-MW New England Wind […]
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Wind
Measuring the Prospects for Wind Energy in 2024 and Beyond
The wind energy industry has been on an exponential growth curve for more than a decade. POWER looks at the drivers behind the growth and predictions for the future. Nearly 200 countries made major collective
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Wind
Coating Technologies Crucial for Offshore Wind Farms
Efforts to combat climate change drive the growth of renewable energy technologies as governments and utility companies increase investments in solar and wind installations to meet rising electricity demands. Onshore wind is a well-developed market, while offshore wind is beginning to expand due to its high production efficiency and significant energy production potential. According to […]
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Offshore Wind
Siemens Gamesa Reportedly Developing 21-MW Offshore Wind Turbine
The global race to build ever-larger offshore wind turbines may have another entrant, as Siemens Gamesa has reportedly told customers the company plans to produce a 21-MW model in the next few years. The Bloomberg news service on June 10, citing anonymous sources, said Siemens is involved in researching what would be the world’s largest […]