OFFSHORE BUSINESS NEWS
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OFFSHORE BUSINESS NEWS
Estonia Unveils 20-Year Offshore Wind Energy Support Plan to Lower Electricity Prices and Boost Renewable Power
On September 6, Estonian Ministry of Climate submitted a draft amendment to the Electricity Market Act and the Energy Sector Act for review, aimed at establishing conditions for offshore wind energy development and setting up a support scheme for this sector. [...]
Ensuring Finland’s Electricity Supply for Winter 2024–2025: Fingrid’s Outlook
As winter approaches, Fingrid, Finland’s electricity transmission system operator, has released an assessment of the nation's electricity supply for the 2024–2025 winter season. According to Fingrid, Finland’s electricity supply should remain stable, provided there are no major disruptions in domestic production [...]
Wind Energy Powers Record-Breaking Growth in 2023
The wind energy sector achieved extraordinary milestones in 2023, playing a pivotal role in the global surge of renewable energy capacity. According to the latest report from the International Renewable Energy Agency (IRENA), wind power—both onshore and offshore—has cemented its position [...]
Sweden’s 2025 Budget Proposal and Its Impact on Wind Energy
In the recently released 2025 budget proposal, the Swedish government emphasizes the critical role wind energy will play in achieving electrification and climate transition goals. The Swedish Wind Energy Association (Svensk Vindenergi) has welcomed the government's recognition of the importance of [...]
The world of wind energy meets in Hamburg at the WindEnergy trade fair
The WAB is present at the world's leading trade fair with a large joint stand. Bremerhaven / Hamburg, 23 September 2024 - The WindEnergy trade fair will take place in the Hamburg exhibition halls from 24 to 27 September 2024. The [...]
Supplier Day brings together Polish and global companies of offshore wind. The event was organised by Polenergia and Equinor
Dozens of Polish companies interested in participating in the realisation of offshore wind farms Bałtyk 2 and Bałtyk 3 took part in the Supplier Day held in Gdansk. The event was organised by Polenergia and Equinor, which jointly implement the Bałtyk [...]
RWE secures long-term lease of land in Ustka for offshore wind operation and maintenance base
Ustka, 23 September 2024: RWE and the Ustka Port Authority have signed a land lease agreement for the construction of an operations and maintenance base for the F.E.W. Baltic II offshore wind farm. The base is one of the key elements in [...]
This was a week of milestones in Baltic Sea Offshore Wind [Episode 136]
Episode 136 of our weekly podcast, summarising the most important news of the week, is ready to listen. You can listen to the new episode of "This week in Baltic Offshore Wind in 5 minutes" on Soundcloud, Spotify, Apple Podcasts, [...]
European Commission opens call for applications for energy infrastructure Projects of Common and Mutual Interest
The Commission has opened a call for applications for energy infrastructure projects under the Trans-European Network for Energy (TEN-E) Regulation to obtain Project of Common Interest (PCI) or Project of Mutual Interest (PMI) status. The call for the electricity, hydrogen & electrolyser categories [...]
IEA: Climate finance by multilateral development banks hits record in 2023
Multilateral development banks (MDBs) announced that their global climate finance reached a record high of $125 billion in 2023. The combined total last year from institutions, including the European Investment Bank, is more than double the amount provided in 2019, when [...]
