OFFSHORE BUSINESS NEWS
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OFFSHORE BUSINESS NEWS
Litgrid first half results: strategic energy independence projects continue to be successfully implemented
In the second quarter of this year, Litgrid, the Lithuanian electricity transmission system operator, continued to provide seamless operation of the electricity system in the Continental Europe Synchronous Area, which Lithuania joined in February together with the other Baltic countries. Strategic [...]
WindEurope statement on the second German offshore wind auction in 2025
Germany has announced the results of its second offshore wind auction in 2025. Two offshore wind sites in the North Sea with a total capacity of 2.5 GW were on offer. But the auction failed: not a single offshore wind project [...]
Seabed surveys for BC-Wind
A specialized vessel is surveying the seabed for the future Ocean Winds wind farm. Research is underway on the Baltic seabed in the area of the planned BC-Wind offshore wind farm. The Mainport Edge vessel, which specializes in hydrographic and geophysical [...]
Prime Minister visits Poland’s first offshore wind farm
Poland's first offshore wind farm, Baltic Power, is being built in the Baltic Sea by the ORLEN Group and Northland Power. This key project in the country's energy transition will supply energy to over 1.5 million households by 2026. It is [...]
No Bids Submitted in Latest German Offshore Wind Tender
For the first time, no bids were submitted in a German offshore wind tender. On August 6, 2025, the Federal Network Agency (BNetzA) announced that its latest auction for centrally pre-surveyed offshore wind areas received no offers. The tender covered two [...]
Europe needs stronger ports and more vessels to meet its offshore wind goals
Europe aims to increase its offshore wind capacity from 36.6 GW today to 84 GW by 2030. The maritime supply chain—particularly shipbuilding and port infrastructure—plays a critical role in supporting Europe’s energy security. But one of the most pressing challenges today [...]
Global electricity demand to keep growing robustly through 2026 despite economic headwinds
Renewables, natural gas and nuclear are set to meet the additional demand as the world’s use of electricity rises for industry, appliances, air conditioning, data centres, EVs and more. Global electricity demand is expected to expand at one of the fastest [...]
OX2 acquires wind project in Sweden and strengthens position as long-term owner
OX2 has acquired project Fageråsen in Dalarna region from Eolus and Dala Vind. The acquisition includes a planned wind farm with up to 34 wind turbines and an estimated annual production of up to 700 GWh, which corresponds to about 14 [...]
A milestone in wind energy research: New wind radar system from Fraunhofer IWES enables ultra-fast wind field measurements
Oldenburg/Bremerhaven - The Fraunhofer Institute for Wind Energy Systems IWES has put an innovative wind radar system into operation that enables three-dimensional wind field measurements at unprecedented distances and resolution. The so-called Dual Doppler Wind Radar, consisting of two synchronously operating [...]
EU needs to take decisive actions on electricity grids for competitiveness and security
European citizens and businesses want affordable, secure, and clean energy. Homegrown wind energy helps boost Europe’s competitiveness, security and prosperity while delivering on decarbonisation. But insufficient grid build-out is hindering the deployment of wind energy. It leads to grid access restrictions, [...]