OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
New Report: Sustainable Progress- Modern Wind Power’s Climate Breakthrough
A new report from Swedish Wind Energy Association (Svensk Vindenergi) highlights that the climate impact of wind power has decreased by nearly 70% over the past 20 years, thanks to advancements in wind turbine technology. The report compares two wind farms, [...]
PGE and Ørsted take final investment decision on Baltica 2 Offshore Wind Farm
PGE and Ørsted have taken final investment decision (FID) on the 1.5 GW Baltica 2 Offshore Wind Farm, which will be built, owned and operated in a 50/50 partnership between Poland’s largest energy company PGE Polska Grupa Energetyczna and Denmark's global [...]
Germany Leads on Wind Permitting, But Europe Still Falls Short – WindEurope CEO on the Path Forward
BalticWind.EU sat down with Giles Dickson, CEO of WindEurope, to discuss the progress and challenges facing wind energy in Europe. We covered key developments from 2024, the state of offshore wind in the Baltic Sea region, regulatory hurdles, security concerns, and [...]
Targeted stakeholder survey for EU grid operators and regulators on the Pact for Engagement
The Commission, the EU Agency for the Cooperation of Energy Regulators (ACER) and the Renewables Grid Initiative (RGI) have launched a survey on enhancing regulatory environments for stakeholder engagement in electricity infrastructure projects in the EU, under the EU’s Pact for Engagement. The survey is open for 4 [...]
Wind Power Emerges as Finland’s Second-Largest Source of Electricity
In 2024, wind power solidified its position as Finland's second-largest electricity production method, surpassing hydropower, which had traditionally held this rank. Wind energy contributed significantly to the nation's electricity supply, accounting for 24% of total electricity consumption and 25% of electricity [...]
Bałtyk 2 and Bałtyk 3 with first delivery of cables from Polish Tele-Fonika Kable
Equinor and Polenergia, which are jointly developing offshore wind farm projects in the Baltic Sea, have received the first delivery of HV 220kV and EHV 400kV cables for the onshore part of the Bałtyk 2 and Bałtyk 3 projects. Polish company [...]
European Commission launches calls for feedback on Net-Zero Industry Act secondary legislation
The European Commission has launched 4 calls for public feedback on different secondary legislation relating to the Net-Zero Industry Act (NZIA) Regulation 2024/1735. In the form of 3 implementing regulations and 1 delegated regulation, these rules are aimed at supporting the NZIA’s objective [...]
14 days to synchronisation of the Baltic States with the European grid. Baltic leaders commit to strengthening existing infrastructure
On the 24th of January, the Baltic Energy Ministers and the Polish State Secretary met in Riga to discuss the final steps related to the preparation for the joint synchronisation of the Baltic States. At the meeting, Ministers confirmed their commitment [...]
Renewables Finland Sets Bold Offshore Wind Capacity Goals
Renewables Finland has unveiled ambitious targets to expand offshore wind capacity, setting milestones of 1 gigawatt (GW) by 2030, 7 GW by 2035, 16 GW by 2040, and 24 GW by 2045. Currently, Finland has only 44 megawatts of installed offshore [...]
Lithuanian Ministry of Energy Recommends Temporary Suspension of Offshore Wind Park Tender
The Lithuanian Ministry of Energy has proposed temporarily halting the ongoing tender process for an offshore wind farm to reassess the terms and conditions of the tender. This move aims to minimize the potential impact on electricity prices for consumers once [...]
