OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Media Partnership: Reuters Events: Expanding Ports to Achieve Large-Scale Offshore Wind Deployment
European governments have pledged to deliver 160GW of offshore wind within the next decade, requiring ā¬6.5bn of investment inĀ port infrastructure by 2030 to meet these ambitions. In response to these announcements, ports are finding they will need to growing their business [...]
Polenergia’s new strategy: more than double EBITDA and nearly 1 GW more capacity by 2030. Offshore a priority
Focusing on the construction of offshore wind farms, development of onshore projects with energy storage, increasing the share of power sales agreements (PPAs) to the corporate sector and revenues from contracts for difference (CFDs) in revenues - these are Polenergia Group's [...]
Green Power Denmark: Offshore tenders should be accompanied by an electrification plan and grid reinforcement
The tender for offshore wind turbines should be complemented by both an electrification plan and a strengthened electricity transmission network, says Green Power Denmark. The changing market conditions between 2022 and 2024 and a series of 16 tender conditions analysed have [...]
Ćrsted reaches German onshore wind milestones: Bahren West I Wind Farm now in operation, Bahren West II Wind Farm about to start construction
Ćrsted has reached important milestones for both phases of its combined 112 MW Bahren West onshore wind project in Brandenburg, Germany. Bahren West I is now Ćrstedās largest German onshore wind project in its portfolio. With its 50.4Ā MW capacity, the project [...]
Svensk Vindenergi on Climate Policy Council’s 2025 report
The Climate Policy Council (Klimatpolitiska rƄdet) presented its annual report assessing the government's overall policy with regard to Swedish and EU climate targets. The Council concludes that the plan is not sufficient to achieve the national climate targets by 2030. Svensk [...]
Smart cities on the move ā how AI is helping improve urban flow
EU-funded researchers are using AI to help ease the flow in Europeās cities, making urban environments both safer and greener. By Tom Cassauwers Ā At the Las Matas train station in the town of Las Rozas, just north of the Spanish [...]
System integration of renewable energy: investment costs and stability take centre stage in energy transition
Grid development is moving forward as 900 kilometres of lines are under construction and there is a peak in completions and approvals. The share of renewable energy in the 50Hertz grid area grew to 73 percent while electricity consumption stagnated. By [...]
Twenty years of wind energy in Lithuania: from the first steps to energy independence
The history of modern Lithuanian wind energy spans two decades, with the Lithuanian Wind Power Association (LVEA) also celebrating its 20th anniversary. It all began with the little-known fact that the first wind turbine in Lithuania was initiated not by businesses [...]
Baltic Power with Poland’s first certificates of conformity for an offshore wind farm
A joint investment by ORLEN and Northland Power has obtained the first project conformity certificates for turbines and offshore substations in Poland, issued by DNV. This is an achievement not only for the project, but also for the entire offshore wind [...]
Electricity from renewable sources reaches 47% in 2024
In 2024, 46.9% of net electricity generated in the EU came from renewable energy sources. Among EU countries, Denmark had the highest share of renewables in its net electricity generation with 88.4%, coming mostly from wind, followed by Portugal (87.5%, mostly [...]
Building resilient cities: how to align competitiveness and sustainability in Europe’s energy transition?
By Filipe AraĆ¹jo, Deputy Mayor of Porto, Portugal and Vice President of Energy Cities, one of EUSEW partner organisations With the new EU Institutions taking office, it seems that the main discourse has shifted from the EU Green Deal to competitiveness. [...]