The Swedish energy giant doesn’t want to rule out involvement in upcoming energy islands, but prefers focusing on floating wind for now, says CEO Anna Borg in an interview with EnergyWatch.
Although Chinese wind turbine manufacturers have gained a dominant position in the global market, they should not be involved in the tenfold increase of green energy capacity in the North Sea, according to several players.
Like many other European companies, Finnish utility Gasum has refused to pay for Russian gas in rubles, now facing a suspension of gas supplies.
Mads Nipper lauds new deal and recommends keeping an eye on the price when coming auctions are drawn up.
British electricity consumers have launched a class-action lawsuit against three European cable producers, including NKT. The consumer allege that the companies have been inflating prices for a number of years.
In the first quarter, European Energy has signed a deal concerning construction of a new PtX facility in the city of Aalborg as the most recent move in the third prong of activities, which primarily consist of solar and wind energy. But the company’s CEO warns of political short-sightedness.
Four EU countries’ plan to markedly expand offshore wind capacity in the North Sea will need major investments, assess wind carriers and investors. Trade association Danish Shipping calls for ”green regulatory highway,” which is supported by Cadeler’s CEO.
Accelerating the green transition, cutting down on energy consumption and buying energy elsewhere will free the EU of Russian energy.
A green momentum is underway in Europe and most of the world, and NKT eyes no problems in regards to filling up the order book. The question is rather how big the order book can actually be because orders also need to be delivered.
Major differences between Ørsted and CIP’s plans for the energy island in North Sea stand in the way of the launch of the tender in September as scheduled, due to which the authorities now expect to announce a winning bid sometime in 2024 instead.
In a long-awaited proposal, the European Commission seeks to enable faster approval processes for endeavors including offshore wind, reveals a draft seen by Watch Media. MEP supports the proposal.
As the Danish, German, Dutch and Belgian governments plan to significantly increase offshore wind projects in the North Sea, PKA CEO Jon Johnsen is ready for the Danish pension fund to do its part.
Offshore wind capacity in the North Sea must increase tenfold towards 2050. This is the joint political vision that Danish Prime Minister Mette Frederiksen and a number of European heads of state will present Wednesday at a summit on offshore wind in Denmark.
”There are too few investments in oil and gas, and there are too few investments in renewables,” says Eirik Wærness.
As soon as next year, routes between Europe and the US could see the introduction of flights using 100 percent sustainable fuels, according to the UK transport minister.
The company requests that the Ministry of Petroleum and Energy outline the cable ducts through the allotted areas while pointing out that the HVDC platform which Norway will need is still in a research phase.
Seeking to repeat the success from the Thor tender, RWE has joined the circle of bidders in the Dutch offshore wind tender totaling 1.5GW.
Infrastructure investor Infranode has become part owner of the Klemetsrud carbon capture project in Norway. Now the company is setting its sights on Danish CCS projects, while the project team collaborates with Danish waste management companies.
The UK oil outfit will feature among the bidders when the Netherlands kicks off the tender for Hollandse Kust West VI and VII.
More solar cells and faster permit approval processes for green projects are some of the headlines in a leaked draft of the EU’s energy plan, which is expected to land next week.
The aim of 30GW offshore wind is meant to underpin supply security and contribute to lower energy prices, states Norwegian Prime Minister Jonas Gahr Støre. But energy also has to be transmitted to Europe, and the next tender could ties to other nations.
The Norwegian government has announced an offshore wind target of 30GW by 2040. Updated.
The Greenlandic government seeks support from investors to develop hydrogen, which can be sold abroad as well.
European electricity prices have fluctuated between the floor and the ceiling in April, but Statkraft sees no need for further measures to handle the increased volatility.
The Danish solar investor has made its biggest investment yet with the purchase of 144 solar farms. CEO says the company has moved up into the big league.
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