RWE is investigating how artificial reefs at offshore wind farms in the Baltic Sea can affect the marine ecosystem and whether they can create an attractive marine habitat, particularly for blue mussels, algae and fish species. In partnership with Linnaeus University and cable service provider Baltic Offshore Kalmar AB, RWE is conducting a pilot study in the Swedish Baltic [...]
Ignitis Renewables, together with its partner Fugro, presented seabed exploratory survey data to the Lithuania’s scientific community at a conference organised by Klaipėda University. The data was collected as part of the company’s preparations to build an offshore wind farm in the Baltic Sea, off the coast of Lithuania. For this project, detailed seabed surveys [...]
Poland's supply chain has a chance to become competitive in the global wind power sector - but this will not succeed without strong and stable international cooperation. On the 6th of June, Polish companies, foreign investors and representatives of the EC and the Baltic States will meet for the third time at the International Supplier [...]
In a significant move towards bolstering energy security and advancing renewable energy development, the Baltic Assembly and the Baltic Council of Ministers recently convened a conference titled ‘Energy Future of the Baltic States: Addressing Regional Challenges Together’. The event underscored the importance of regional cooperation among the Baltic States to enhance energy independence and integrate [...]
The area where Ørsted plans to build the Skåne offshore wind farm (Skåne Havsvindpark) has been designated as an 'energy area' by the Swedish Agency for Marine and Water Management (Länsstyrelsen and Skåne Regeringen) in the overview version of Sweden's new Baltic Sea spatial plans. In addition to the Skåne offshore wind farm, several other [...]
ELWIND, joint Estonian-Latvian state-run cross-border hybrid offshore wind project has announced the launch of a public tender for the preparation of studies of the environmental impact on fisheries and fisheries-related activities. The aim of the study is to carry out fish community inventory and fisheries survey, and spring-spawning Baltic herring studies in the development areas [...]
Poland's Ministry of Climate and Environment has announced that the work of the team for setting the maximum price for electricity from offshore wind farms will be extended until June 14, 2024. The reason for this decision is the need for additional analysis of current electricity market conditions. "Based on the order of the Minister [...]
50Hertz can finally begin work on the Ostwind 3 grid connection for the offshore wind farm Windanker in the Baltic Sea. The Ministry for Economics, Infrastructure, Tourism and Labour of Mecklenburg-Western Pomerania has issued the permits for the onshore route of four kilometers as well as a substation with a surface of approx. ten hectares in the municipality of [...]
Ocean Winds, as a global company with offshore wind farm projects around the world, organized a trip to the Moray West offshore wind farm in Scotland for employees of the Polish BC-Wind project. The Moray West project is an 882-MW offshore wind farm off the coast of Scotland being developed by a consortium consisting of [...]
Government officials, industry leaders, and stakeholders converged in Bruges on Wednesday and Thursday for the High-Level Offshore Event under the Belgian presidency, aimed at propelling the European offshore wind industry forward. The gathering, attended by Directors-General for Energy from EU member states, Energy ministers, the European Commissioner for Energy, and industry representatives, showcased a concerted [...]
We are just a few days away from the fourth edition of the PIMEW Offshore Wind Energy Cup 2024 regatta. This is a great opportunity to talk with Jakub Budzyński, President of the Polish Offshore Wind Industry Chamber, about the importance of the event for the offshore wind industry, but also more broadly about the [...]
As the world navigates the transition towards renewable energy sources, collaborative efforts become increasingly vital. Recognizing this, Team Norway, a consortium comprising Innovation Norway, the Royal Norwegian Embassy, Norwegian Energy Partners, and Norwegian Offshore Wind, is gearing up to host an insightful event alongside the Swedish Offshore Wind Forum in Göteborg on June 12-13, 2024. [...]
Ignitis Group, a renewables-focused integrated utility, is accelerating its investments and plans to double its Green Capacities by 2027. Building on the ongoing energy transition, the Group aims to deliver the benefits of renewable energy to its customers in the Baltics and Poland. The company announced a Strategic Plan 2024–2027 with an emphasis on further [...]
The project companies of offshore wind farm Bałtyk II and offshore wind farm Bałtyk III have signed reservation and pre-work agreements with Iemants for the design and construction of offshore transformer stations, stated Polenergia in a press release. The booking agreements may be terminated by the companies without cause upon payment of remuneration for the [...]
During the Wind Finland Offshore event on May 14th, 2024, the Finnish Minister of Climate and the Environment, Kai Mykkänen, delivered promising news regarding the country's offshore wind energy initiatives. Mykkänen, an economist known for his dedication to environmental issues, shared insights into the tendering schedule for Exclusive Economic Zones (EEZ). According to his announcement, [...]
Fingrid has preliminary identified five areas along the west coast where large offshore wind parks could be connected to the mainland Finland’s transmission grid by the 2030s. These connections would require significant investments in the grid. The identified areas are Ulvila, Närpiö, Vaasa, Raahe, and Raisio. Additionally, the Inkoo area has been identified as a [...]
PGE Baltica has launched a study to identify the Baltic Sea bottom for one of its offshore wind farm projects, Baltica 1. This task is being performed for the investor by Geoquip Marine. The main purpose of a geotechnical campaign in an area where an offshore wind power plant will be built in the future [...]
Today is the second anniversary of REPowerEU, the EU’s energy policy response to Russia’s invasion of Ukraine. REPowerEU has sped up the permitting of wind farms and helped raise the share of wind in Europe’s electricity mix – it’s now 19%. The EU have now launched new initiatives to keep the momentum of REPowerEU by [...]
Private equity giant EQT has made headlines with its recent bid to acquire OX2 AB, a leading renewable energy platform, for a staggering $1.5 billion. The move underscores EQT's strategic focus on the renewable energy sector and its commitment to driving sustainable growth in the industry. EQT Infrastructure VI, operating through Otello BidCo AB, has [...]
Baltic Power held talks with representatives of the fishing communities of Ustka, Łeba and Władysławowo, thus starting a series of information meetings on the construction of Poland's first offshore wind farm. Perspectives for the development of offshore wind energy in Poland were discussed, but above all - the commencement of installation work in the Baltic [...]
In the updated Recommendation on speeding up permit-granting procedures and its accompanying guidance adopted yesterday, the Commission highlights ways to improve planning and permitting procedures for renewable energy and related infrastructure projects in the EU. The updated permitting guidance provides examples of good practice on faster and simpler permit-granting procedures, highlights the importance of digitalisation [...]
Cadeler A/S has secured vessel reservation agreements with both MFW Bałtyk II Sp. z.o.o. and MFW Bałtyk III Sp. z.o.o., each a joint venture project owned 50% by Equinor and 50% by Polenergia, marking the first contract between the parties. The aggregate potential value of the contracts to be negotiated during the pendency of the [...]
RWE and the Swedish Port of Karlshamn have signed a Memorandum of Understanding. The aim of this collaboration is to explore whether Port of Karlshamn could be a suitable harbour for the logistics, installation, operations and maintenance activities relating to RWE’s planned offshore wind projects in the Baltic Sea. Matilda Machacek, Vice President of Offshore [...]
The first of a total of fifty wind turbines has been successfully installed at the 476MW Baltic Eagle offshore wind farm, a joint venture between Iberdrola, a world leading clean energy company, and Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse. Working in partnership with Vestas , the remaining wind turbines [...]
As reported by REUTERS in an article published on 8 May this year, Siemens Energy, one of the leading suppliers to the power industry, has unveiled fundamental changes to its wind energy division. Board member Vinod Philip will become the new CEO of the Siemens Gamesa wind turbine division from August. These moves, which also [...]
The Baltic leaderships need to work more actively together at political level to jointly address the challenges of the wind energy sector and to create an exportable energy product. This was the conclusion of the wind energy conference “WindWorks. Connecting Industries”, which brought together more than 400 local and international experts and interested parties on [...]
RWE, one of the world’s leading players in offshore wind, signed Framework Agreements with Hitachi Energy and Aibel for the joint supply of three high-voltage direct current (HVDC) systems for RWE offshore wind farms. The agreements are long-term in nature as the secured HVDC systems are designated for offshore wind projects from RWE’s global development [...]
Finnish Government has taken a negative decision on 16 applications for offshore wind energy in the EEZ. The rejection decision means that the development of the offshore wind projects concerned will be delayed. It is important to ensure the positive development of offshore wind power in Finland, as offshore wind power, due to its high [...]
The Polish offshore wind farm project worth around 40 MLD PLN is the largest investment in post-war Poland. It will bring PLN 178 billion of added value to the Polish economy, a decrease in CO2 emissions of about 102 million tonnes per year, more than 100 000 new jobs. However, measures are needed to streamline [...]
Communiqué from G7 Ministers’ Meeting on Energy, Climate and Environment calls on IRENA to track the group’s collective contribution to COP28’s global target to triple renewables by 2030. G7 leaders tasked the International Renewable Energy Agency (IRENA) to track and monitor the group’s collective contribution toward the global renewable tripling target by 2030 during the [...]
The Danish Energy Agency initiates the second public phase and opens for comments on the draft plan for Kattegat and Kriegers Flak II and the associated environmental report. Public meetings will be held in Rødvig (Zealand) on 14 May and in Grenå (Jutland) on 16 May 2024. The Danish Energy Agency invites citizens, companies, authorities [...]
A new call for proposals for key cross-border EU energy infrastructure projects worth up to €850 million from the EU budget is being launched by the Commission. Organised by the Climate, Infrastructure and Environment Executive Agency (CINEA), the call is open to projects included on the recently approved list of Projects of Common Interest (PCIs) and Projects of [...]
On 28 November the EU Commission launched an Action Plan for Grids – a 14-point plan to modernise Europe’s electricity grid and prepare for the renewables-based electrification of the energy system. It says €584bn of new investments are required by 2030 to upgrade Europe’s grids. Absolutely. And these investments can’t come soon enough. The current [...]
The Finnish Government has issued a negative decision on 16 applications for exploitation rights concerning offshore wind power in the exclusive economic zone. Many of the areas located in the Gulf of Bothnia overlap each other. The decision does not prohibit the development of offshore wind projects in the sea areas concerned. The aim is [...]
The Polish Council of Ministers adopted a resolution to amend the national recovery and resilience plan, submitted by the Minister of Development Funds and Regional Policy. The national recovery and resilience plan (KPO) is intended to strengthen the Polish economy after the crisis triggered by the COVID-19 pandemic. It is also about meeting the challenges [...]
In a bold move towards renewable energy dominance, Denmark has unveiled its most ambitious offshore wind tender to date. Last week, the Danish Energy Agency initiated a tender aimed at ushering in an impressive 6-10 GW of new capacity by the end of 2030. This monumental undertaking marks a significant milestone in Denmark’s journey towards [...]
As we commemorate International Workers' Day on May 1st, it's essential to reflect on the evolving landscape of employment, particularly within the energy sector. In a time of dynamic change and the evolution of many sectors towards automation, the emergence of offshore wind energy represents a beacon of hope for job seekers across Europe, especially [...]
Allseas has been contracted for the transport and installation (T&I) of two major substations (so called OSS) for the Gennaker offshore wind farm in the German Baltic Sea, developed by transmission operator 50Hertz. Located 15 kilometres off the German coast near the Darß peninsula, and with a production capacity of 900 MW, Gennaker will be [...]
In a significant move to bolster offshore wind infrastructure in the Baltic region, Dutch maritime construction leader Van Oord has inked a Memorandum of Understanding (MoU) alongside international port operator Euroports and renowned steel structure manufacturer Smulders. The announcement, made during the Wind Works Conference in Riga, signifies a pivotal moment in the development of [...]
According to the project review by the Finnish Wind Power Association (FWPA), Finland has plans for over 130,000 megawatts of wind power. In terms of investment potential, this amount translates to over 200 billion euros in investments. A significant number of these investments are already under construction, with more than three billion euros worth of [...]
On April 25, 2024, Riga, Latvia, marked a significant moment in environmental diplomacy with the 50th anniversary celebrations of the Helsinki Commission (HELCOM), an intergovernmental organization dedicated to the protection of the Baltic Sea. This golden jubilee, held at the National Library of Latvia, underscored the enduring commitment of the Baltic nations and their partners [...]
The Danish Energy Agency has listened to some of the industry's concerns about the tender for the upcoming six offshore wind farms. This is evident from the tender specifications, which are now available on the EU's tendering portal. December is the deadline for bids for the three wind farms in the North Sea. The developers [...]
Former Polish Prime Minister and President of the European Parliament, one of the most active MEPs in energy matters, is ending his career in Brussels. During the last session of this term of the European Parliament, the MEPs bid farewell to the Polish politician with standing ovations. Yesterday, the Civic Coalition, the largest party forming [...]
Equinor and Polenergia have launched a new visual identity for the Bałtyk projects. The offshore wind farms have also gained a new website common to all three projects: www.baltyk123.pl Equinor and Polenergia are developing three projects in the Baltic Sea with a total capacity of up to 3,000 MW. The Bałtyk offshore wind farms will [...]
German Offshore Wind Energy Association (Bundesverband Windenergie Offshore e.V, BWO) indicates that the statutory expansion target for 2035 is "at least 40 gigawatts of offshore wind by 2035", however, there are delays in grid expansion and challenges along the value chain. What do politicians need to do to achieve the expansion targets for offshore wind [...]
The Danish Energy Agency has published the tender frameworks for a total of 6 GW across 6 offshore wind farms, the biggest offshore wind tender in Danish history. Every gigawatt offshore wind capacity can produce green power equiv-alent to the electricity consumption of 1 million Danish or European house-holds. It has been 33 years since [...]
On April 25, the largest wind energy conference in the Baltics “WindWorks. Connecting Industries” will take place at ATTA centre in Riga. More than 40 international and local energy experts, representatives of organizations and policymakers will take part in panel discussions to talk about energy developments in the region. European Commissioner for Energy Kadri Simson [...]
G-Tec has successfully concluded a significant surveying endeavor for Baltic Power, the first offshore wind farm to be constructed in Poland. Acting as a subcontractor within the consortium comprising DEME Offshore, TFKable Group, and NKT, G-tec undertook the task of surveying approximately 130 km of export cables and 127 km of inter-array cables, facilitating the [...]
In the first quarter of 2024, several new investment decisions were made and wind turbine orders were placed in Sweden. However, there are concerns that the pace of government work is not sufficient to speed up and streamline the permitting process for both onshore and offshore wind power. This is indicated by the latest data [...]
What does the Palace of Culture and Science have in common with an offshore wind turbine? When will the first electricity flow from the sea to Polish farms? Can wind farms be built in harmony with nature? How do technology partnerships generate innovation in the industry? Answers to these and other questions will be available [...]
Todd Jensen, Senior Analyst–Offshore Energy Markets at MSI, delves into the complexities of the European offshore wind sector in an analysis published in Offshore Magazine. Amidst promising growth prospects, the sector faces challenges stemming from supply chain constraints and rising costs. European countries aiming for robust offshore wind installation growth in recent years have encountered [...]
The Regional Director for Environmental Protection in Gdańsk has issued two environmental decisions for power lines that will run from the Choczewo substation southward. These are two of four new 400 kV lines that will be built in Pomerania in the coming years to receive power from the first offshore wind farms. The lines will [...]
Ocean Winds has reached two important milestones in the BC-Wind offshore wind farm project being developed in the Polish part of the Baltic Sea. The survey campaign of the seabed at the BC-Wind site and the export cable route has been completed after nearly 12 months of intensive work. In addition, the nearshore geophysical and [...]
Efforts to advance Lithuania's offshore wind energy capacity hit a snag as the country cancels its second tender for a wind farm due to lackluster interest from developers. Lithuania’s National Energy Regulatory Council had set the stage for the tender, which was announced in January this year and closed its application window on April 14. [...]
Offshore project companies Bałtyk II and Bałtyk III have signed reservation and preliminary work agreements with Heerema Marine Contractors Nederland SE. The contract covers transportation and installation of offshore wind turbine foundations and an offshore transformer station, said Polenergia in a stock exchange release. Polenergia has a 50% stake in the two companies, which are [...]
We spoke to Alicja Chilińska-Zawadzka, CEO of EDF Renewables Poland, about the prospects for the development of the offshore wind energy sector. Among the topics discussed were the French experience in the energy transition, including the issues of developing competences for a zero-carbon economy, and building a supply chain involving local companies. 1) How to [...]
Ignitis Renewables, an international green energy company, is participating in the tender of the second 700 megawatt (MW) Lithuanian offshore wind farm in the Baltic Sea. The company has submitted the necessary documents and the bid to the National Energy Regulatory Council (NERC), which is organising the tender. The decision to participate in the second [...]
In the ever-evolving landscape of energy transition, Central and Eastern Europe (CEE) have emerged as promising frontiers for renewable energy deployment. A recent report by the think tank Ember sheds light on the region's progress and potential, highlighting both advancements and areas for improvement. While renewables' shares are on the rise and governments in the [...]
The 9th Seminar of the renewed format of the Polish Offshore Wind Industry Chamber - is behind us. OFFSHORE Academy® powered by Orlen Neptun sp. z o.o. The topic of last week's event, held in Gdansk, was: "Laying and servicing of submarine cables". The meeting was held under the auspices of NKT S.A. Experts from Poland [...]
Ocean Winds (OW) is not only assessing the Polish market with the goal of constructing the BC-Wind farm but is also committed to a long-term strategy aimed at promoting industry education among young people and implementing practical measures to harness the potential of Polish companies in developing innovative solutions. Kacper Kostrzewa, BC-Wind Project Director Our [...]
The BEMIP Offshore Wind Working Group is implementing strategic priorities for 2024 to further advance offshore renewable energy in the Baltic Sea region. With a substantial potential of over 93 GW for offshore wind energy, the focus is on capitalizing on this resource while enhancing regional cooperation. During the Energy Security Summit held in Marienborg, [...]
50Hertz can finally begin work on the Ostwind 3 grid connection for the offshore wind farm Windanker in the Baltic Sea. The Ministry for Economics, Infrastructure, Tourism and Labour of Mecklenburg-Western Pomerania has now issued the permits for the onshore route of four kilometers as well as a substation with a surface of approx. ten hectares in the municipality [...]
The European Commission has published the first list of Projects of Common Interest (PCIs) and Projects of Mutual Interest (PMIs) in the Official Journal of the European Union. The selected projects will help to achieve the ambitious energy and climate objectives of the European Green Deal. The 166 projects on the list will benefit from streamlined permit-granting [...]
The Energy Ministers of 8 Baltic Sea countries - Lithuania, Denmark, Estonia, Finland, Germany, Latvia, Poland and Sweden - agreed the Vilnius Declaration, pledging closer collaboration to secure critical offshore energy infrastructure in the Baltic Sea region. This comes after the Russian invasion of Ukraine and various acts of sabotage to energy infrastructure in the [...]
Ørsted and Cadeler signed a firm long-term lease agreement for a newbuilt Wind Farm Installation Vessel. With the agreement, Ørsted secures installation vessel capacity from Q1 2027 to end of 2030 for upcoming construction projects. The signing of the long-term agreement on April 8, 2024 discloses Ørsted as the client in Cadeler’s announcement made on October [...]
Equinor and Polenergia have applied for an environmental approval? for the connection infrastructure of the Bałtyk I offshore wind farm, which is being prepared for auction in 2025. Bałtyk I is the largest and most advanced offshore wind farm project in the Baltic Sea and of the second phase of offshore wind energy development in [...]
"Energy of wind - Energy of freedom" - 1044 students from 16 elementary and secondary schools in Rumia and the districts of Wejherowo, Słupsk and Lębork participated in the educational program of the Pomeranian Centre of Competence for Marine Renewable Energy. This was another initiative of the Pomeranian Centre of Competence for Marine Renewable Energy. [...]
The Future Energy Congress, organized by a Polish association "Z energią o prawie" ("With energy about law"), will be held in Torun on April 16-17, 2024. This will be the third edition of this event, which has become a permanent fixture on the calendar of key events in the energy sector. BalticWind.EU is a media [...]
A little more than a month is left until the second edition of Climate Classic Poland bike rally. Taking the opportunity that, as Baltic Wind, we are a media partner of the event, I sat down with the three volunteers behind the initiative Dominik Gajerski, Dominik Piotrowski and Piotr Rapacz for a chat. My goal [...]
In relation to its offshore investments, ORLEN Neptun is looking for potential service port locations. One of them is the Port of Kołobrzeg. The companies have signed a letter of intent in this regard. The signed cooperation agreement is the starting point for detailed analyses, the results of which will determine the potential investment. At [...]
The Fraunhofer Institute for Wind Energy Systems IWES has conducted a boulder detection campaign in the Baltic Sea on behalf of Baltic Power for the foundations of the planned wind turbines. It also applied the surveying technology along the planned subsea cable routes for the very first time. The innovative Manta Ray G1 measuring system [...]
The transmission system operator 50Hertz has restructured its organizational setup to effectively tackle the demanding investment and construction program anticipated in the coming years. This restructuring entails expanded and new responsibilities at the management level. Stefan Kapferer, Chairman of the Management Board, stated, "We are now entering a new phase of the company. We are [...]
PGE Baltica, a PGE Group company, has selected a geotechnical and structural designer for the ground reconnaissance phase of the EWB1 investment, part of the Baltica 1 project. It will take place on the offshore wind farm's area and on its export cable route. The contract was concluded with Gavin and Doherty Geosolutions from Ireland. [...]
The County Administrative Board of Gotland has granted a Natura 2000 permit for the offshore wind farm Aurora that OX2 and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, are developing outside the islands of Gotland and Öland in Sweden. If the government gives final approval, construction could start by 2028 [...]
As a result of the qualification process, the Supervisory Board of PGE Baltica sp. z o.o. has appointed Bartosz Fedurek to the company's Management Board, as announced by the company this morning. Bartosz Fedurek will begin work as President of the Management Board on May 6 this year. He has been involved in the energy [...]
The Consumer Protection and Technical Regulatory Authority (CPTRA) has recently taken a significant step towards advancing an offshore wind farm project. In a recent development, CPTRA initiated superficies licence proceedings and environmental impact assessment in response to an application submitted by the Environmental Investment Centre (EIC). This move marks a pivotal moment in the project's [...]
The conclusion of China's National People's Congress (NPC) in March 2024 has brought to light concerning implications for global trade dynamics, particularly within the high-technology and clean energy sectors. A recent research from Rhodium Group highlights the exacerbating overcapacity issues within China's industrial landscape, posing significant challenges for both domestic and international markets. The policy [...]
PGE Group and Ørsted have selected a supplier to transport to the area of the future farm and install offshore substations for the Baltica 2 project - one of two phases of the Baltica Offshore Wind Farm. The successful bidder, Seaway7, is a world leader in offshore wind power projects. The company will use both [...]
More than 500 students registered for a 3-day student programme that aims to accelerate the entry of interested students into the wind energy workforce at the WindEurope Annual Event 2024. It's an important action taken by WindEurope as according to their data by 2030 the wind sector will employ over 500,000 people in Europe, up [...]
NKT has delivered the first order for its new Adaptive Rigid Sea Joint to the Danish transmission system operator (TSO) Energinet. The innovative power cable joint allows Energinet to optimize inventory and minimize waste as the joint can be adapted for several cable types from different suppliers. The Adaptive Rigid Sea Joint developed by NKT [...]
Equinor and Polenergia have signed final agreements for the design of foundations for the Bałtyk II and Bałtyk III projects being developed by the two companies in the Baltic Sea. The development of design documentation for the locations of the two offshore wind farms, including the detailed design of the foundations, was entrusted to Rambøll. [...]
Representatives from the Freeport of Ventspils Authority made their inaugural appearance at the WindEurope 2024 exhibition and conference in Bilbao, Spain, indicating Latvia's foray into the European wind energy discourse. Led by Igors Udodovs, Deputy CEO of the Freeport of Ventspils, alongside Kristīne Jansone, Development Project Manager, and Kaspars Liepiņš, Developer of the Green Energy [...]
World Fund, a Europe-focused climate venture capital fund, announced that it has raised a further €50+ million from institutional LPs. New investors joining the venture include KfW Capital as well as Ignitis Group. Ignitis Group, committed to enhancing its net-zero strategy, views venture investments in climate tech as pivotal. Darius Maikštėnas, CEO of Ignitis Group, [...]
Euroports Group and Port of Hanko Ltd have signed a Letter of Intent (LOI) to establish a Unique Wind Hub at the Port of Hanko port area in Koverhar. This initiative positions the Harbour, situated in the southernmost part of Finland, as a central place in the offshore wind supply chain, tackling the critical issue [...]
Today, EcoVadis, WindEurope and five leading wind energy industry organisations - ENGIE, Hitachi Energy, Siemens Gamesa, Statkraft and Vestas – announce the launch of the ‘Wind Energy Initiative’. The Initiative aims to accelerate the uptake of sustainable practices by fostering strong collaboration between trading partners and amplifying positive impacts across their value chains. European politicians, [...]
Investments in wind energy in Europe more than doubled in 2023 compared to 2022, driven by record financing of offshore wind projects. An easing of inflationary pressures, greater certainty in electricity markets, and improved tariff indexation by Governments created a more favourable investment climate. Despite a tightening of financing conditions, Europe invested a record €48bn [...]
In order to promote the development of the offshore wind energy industry in the Baltic Sea, one of the leading companies in the industry - Van Oord Dredging and Marine Contractors B.V. (Van Oord) plans to create a world-class offshore wind farm support base and an oversized cargo terminal in the Port of Liepaja. The [...]
Sweden is on the cusp of a significant surge in demand for fossil-free electricity, yet uncertainties in the investment landscape loom large. Currently, Sweden lacks mechanisms to distribute risks for large-scale electricity production investments. To address this gap, Svensk Vindenergi commissioned ELS Analysis to compile a report on Contracts for Difference (CfD), a tool for [...]
The German government presented its new ports strategy on 20 March. The strategy contains a collection of measures, but no plans for financing. Therefore, the onshore and offshore wind energy associations, the OFFSHORE-WINDENERGIE foundation and the Hamburg Renewable Energy Cluster are appealing to the government to take the needs of the energy transition into account [...]
Chief Commercial Officer of the Port of Roenne, Mr. Jeppe la Cour shared some exhilarating news in a recent social media post, that has sent ripples of excitement throughout the renewable energy sector. The Port of Roenne has inked a groundbreaking agreement with Siemens Gamesa, heralding a new era of sustainable energy production in the [...]
Masdar, the UAE’s clean energy powerhouse, has achieved close on the financing of its 49 percent shareholding in the 476MW Baltic Eagle wind farm, located in the Baltic Sea off the coast of Germany. This is Masdar’s largest ever euro-denominated financing, as well as its first project with Iberdrola and its first in Germany. The [...]
From 20-22 March more than 12,000 people gather in Bilbao for the WindEurope Annual Event 2024. This comes at a time of growing optimism for Europe’s wind industry. Investments in new wind farms are up. Auction volumes are at record levels. More permits are coming through. The supply chain is returning to profit. Government action [...]
A 4850 km track of new 400 kV lines, 28 new and 110 modernized substations and an onshore DC line are part of the investment plans of Polish grid operator - Polskie Sieci Elektroenergetyczne PSE - until 2034. On Friday, March 15, the company presented for consultation a draft "Development Plan for Meeting Current and [...]
On March 1, 2024, Markus Nölke (54) took over the management of WAB e.V. in Bremerhaven. Born in Bremerhaven, he originally comes from the transport and logistics sector, where he focused on shipping and port issues. Before joining WAB, Nölke had spent the previous 14 years as Managing Director of the Verein zur Förderung des [...]
To accommodate the development of the two Lithuanian wind farms, as well as other projects in the Baltic Sea, Klaipeda Port announced an international tender for the reconstruction works of quays and dredging of the first stage. „With favorable conditions for the development of offshore wind farms and numerous wind farm projects in progress, the [...]
The cPPAs for the purchase of green energy, concluded between consumers and RES power generators, are gaining in popularity every year and the number of signed contracts is steadily growing. Increasingly, they also include offshore wind power capacity. Figures for 2023 show that Europe has surpassed the magic limit of 10 GW of installed capacity [...]
The European Commission has today adopted the first-ever EU network code on cybersecurity for the electricity sector. Foreseen under the Electricity Regulation (EU) 2019/943 (Article 59) and in the 2022 EU Action Plan to digitalise the energy system, this delegated act is an important step to improve the cyber resilience of critical EU energy infrastructure [...]
Europe is facing an unprecedented climate crisis, according to a new report by the European Environment Agency (EEA). The first ever European Climate Risk Assessment (EUCRA) report paints a stark picture: extreme heat, drought, wildfires, and flooding, phenomena we've increasingly encountered in recent years, are poised to intensify. These are not distant threats but immediate challenges [...]
Renewables are growing rapidly and nuclear power is on track to reach new all-time high next year, enabling low-emissions generation to outpace robust electricity demand growth. Global electricity demand is expected to grow at a faster rate over the next three years as the clean energy transition gathers speed, with all the additional demand forecast [...]
The Polish Development Fund (PFR) will build an installation terminal for the operation of Offshore Wind Farms (OWF) at the BalticHub port in Gdansk. Part of the financing for the investment will come from the National Reconstruction Plan (NRP). The project will contribute to the dynamic development of wind energy in the Baltic Sea. It [...]