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EnergyWatchFriday22 September 2023
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From left: Elizabeth Press, moderator and Director of Planning and Program Support, Ingrid Reumert, SVP and Head of Global Stakeholder Relations at Ørsted, Morten Dyrholm, Group SVP for Marketing, Communications & Public Affair at Vestas, Shamini Selvaratnam, Associate Director at Ocean Conservancy, and Ben Backwell, CEO at GWEC. | Foto: Consulate General of Denmark in New York

Offshore wind players: Crucial to speed up the pace of project permitting

There is a greater political focus on the need for pace in OSW projects, but more speed in the permitting process is needed if the targets for OSW are to be achieved, according to Vestas and Ørsted.
  • Ørsted anticipates DKK 16bn US impairments
  • GWEC: 380GW offshore capacity slated for next ten years

For subscribers



Tommy Larsen is the CEO and founder of Weptos. | Foto: Weptos

Wave energy developer warns: China could take the helm if Europe doesn't wake up

For subscribers



Wind turbine manufacturer Nordex's CEO, José Luis Blanco, will have some extra on his plate for the next 18 months. | Foto: Nordex

Nordex CEO becomes chairman of Wind Europe


"In my view, the two shipowners’ sustainability pact could be the nucleus of a wider shipping industry representative body," says Philip Damas from consultancy house Drewry. | Photo: Pr / Cma Cgm

CMA CGM and Maersk will need help in new green lobbying alliance

For subscribers


OCEAN WIND OPTIMISTIC: Havfram CEO Ingrid Due-Gundersen dismisses the notion that the offshore wind industry is experiencing its first crisis. | Foto: Harald Amdal

Havfram dismisses offshore wind crisis: Not worried about Ørsted contract

For subscribers


Foto: European Energy

European Energy: TotalEnergies partnership is stepping stone towards more markets

For subscribers


  • Semco Maritime has once again teamed up with KK Wind Solutions. | Foto: Ørsted

    Ørsted selects Semco Maritime and KK Wind Solutions for German OSW farms

    The two Danish companies have joined forces on a service contract for Borkum Riffgrund 1 & 2 and Gode Wind 1 & 2.

    For subscribers


  • Foto: Consulate General of Denmark in New York

    FLSmidth: The mining sector's reputation blocks the green transition

    Problems attracting talent to the industry, which extracts critical minerals such as lithium and cobalt, could make it difficult to meet green energy targets, according to the equipment manufacturer.

    For subscribers


  • Photo: Pr/codan

    Alm. Brand Group CEO: The offshore wind sector needs to get profitability in place

    Alm. Brand Group will continue to insure offshore wind farms, says the CEO, who explains, however, that projects will now be sorted to a greater extent. 

    For subscribers


  • US-based Tidewater operates the largest fleet of offshore vessels in the North Sea after acquiring Solstad Offshore's fleet. | Foto: Pr/tidewater

    Analysts: Not enough offshore vessels to serve record number of projects

    2024 could be the biggest investment year ever for the North Sea oil and gas market, but shipping companies do not have enough service vessels to handle the demand, says Intermodal.

    For subscribers


  • Foto: Nordex

    Nordex poaches Siemens Gamesa customer in Spain

    The German turbine manufacturer will supply turbines for two projects.

    For subscribers


  • Foto: European Energy

    European Energy and TotalEnergies to partner on at least 4GW of onshore renewable projects

    The Danish developer will work with the French oil giant to develop at least 4 GW of onshore renewable energy in a joint venture.

    For subscribers


  • Foto: Dnv

    Eneti lands multi-million dollar contract for new wind vessel

    The wind installation operator has been awarded a contract with an unnamed customer for work in 2027 for a new wind vessel. Revenue could be up to 100 million dollars.

    For subscribers


  • Foto: Sustainsolutions//pr

    Solar prices are collapsing amid widespread inflation

    Despite the inflation crisis, the price of solar cells has plummeted in 2023 and is now near a historic low point. The reason is China which has ramped up production.

    For subscribers


  • Ocean Winds is already pursuing a license for its 5GW Ventos do Atlântico offshore wind project in Brazil. | Foto: Siemens Gamesa

    Ocean Winds enters collaboration on Brazilian offshore wind

    Among other things, the partnership focuses on identifying promising opportunities for the development of offshore wind projects in the state of Rio de Janeiro.

    For subscribers


  • The project consists of a 2 MW wind turbine to be located 2 miles off the Basque coast. | Foto: Pr Saitec

    Saitec sends initial power ashore from floating wind project

    Another milestone on the road to unlocking the vast potential of floating wind, says RWE, which is behind the Spanish project alongside Saitec and Kansai.

  • Siemens Gamesa has restricted sales of onshore turbines on the wind turbine manufacturer's 4.X and 5.X platforms after being challenged by quality issues. | Foto: Arise

    Sales of new onshore wind turbines at Siemens Gamesa have been "restricted"

    New sales contracts will only be signed if the turbines can be delivered on time and with the right quality, says the turbine manufacturer. 

    For subscribers


  • Foto: Pr Aura

    Cowi on troubled wind industry: "The challenges start at the top"

    The starting point of the crisis in the wind industry is the price focus in tenders, according to Cowi’s Director of Renewable Energy.

    For subscribers


  • RWE's CEO, Markus Krebber, told the Financial Times that RWE is among the developers that decided not to bid for the contracts. This happened despite the fact that the company won a number of contracts for onshore wind projects and solar energy in the same tender round. | Foto: Rwe

    RWE boss: Absence of bids for offshore wind projects is wake-up call for the UK

    The harsh criticism comes in the wake of the UK government’s annual tender for offshore wind energy contracts which was unsuccessful with no companies bidding for the contracts.

    For subscribers


  • The tenders are expected to be announced at the turn of the year 2023-2024, according to the agency. Hesselø is expected to have a capacity of between 0.8 and 1.2 GW depending on the final project of the concession winner while Kriegers Flak II is expected to be between 1 GW and 3.5 GW. | Foto: Thomas Traasdahl

    CIP: Andel complements us

    The manager is also looking at partnerships for projects in other parts of Denmark

    For subscribers


  • Foto: Thomas Traasdahl

    CIP and Andel sign major offshore wind agreement

    Danish energy company Andel and investor CIP enter into a strategic partnership on two tenders for offshore wind farms.

    For subscribers


  • Statkraft does not rule out Chinese turbines, but a number of things need to be in place before they can become a reality, the company says. | Foto: Statkraft/ Bjørn Iuell

    Statkraft will "consider" using Chinese turbines

    However, quality, safety and transparency criteria must be met if the use of Chinese turbines is to be considered, according to the vice president of Statkraft’s German RE unit. 

    For subscribers


  • Nordlicht I is expected to be connected to the German grid in 2027 and Nordlicht II in 2028. | Foto: Piroschka Van De Wouw

    Vattenfall wins right to 630MW off Germany

    The Swedish utility company is exercising its right of entry on another project off the coast of Borkum. 

    For subscribers


  • Foto: PR / Hofor

    Scottish minister on wind auction failure: "Conditions need to be better"

    It is a testament to the pressure on the industry that the UK government received zero applications for offshore wind in a bidding round last week, Scottish Energy Minister Gillian Martin told Børsen.

  • Lars Petersen, co-founder of Global Wind Service | Foto: Jakob Skouboe

    Global Wind Service changes strategy: Looks to acquire

    It takes hefty financing to stay in the wind industry. Global Wind Service leans on its Norwegian owner when investing for potential future growth and pursuing acquisitions. 

    For subscribers


  • "Once we've proven that you can earn really good risk-weighted returns by investing in this, that's where the world's money will flow to on a massive scale," says co-founder Henrik Tordrup. | Foto: Pr Glentra Capital

    New energy transition firm eyes opportunities in wind crisis: Valuations have reached their peak

    The goal of Glentra Capital is to prove that, based on financial merit alone, it makes sense to invest in the green transition. 

    For subscribers


Latest news

  • Oil prices a few dollars away from year-high record following turbulent week –
  • European Energy and Mitsui finalize transaction of Danish solar farm and PtX plant –
  • Offshore wind players: Crucial to speed up the pace of project permitting –
  • Wave energy developer warns: China could take the helm if Europe doesn't wake up –
  • Nordex CEO becomes chairman of Wind Europe –
  • TotalEnergies CEO: Unreasonable to ban Russian LNG sooner than 2025 –
  • CMA CGM and Maersk will need help in new green lobbying alliance –
  • Havfram dismisses offshore wind crisis: Not worried about Ørsted contract –
  • European Energy: TotalEnergies partnership is stepping stone towards more markets –
  • Ørsted selects Semco Maritime and KK Wind Solutions for German OSW farms –
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