OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Poland’s Climate Ministry announces new offshore support limits
Polish Ministry of Climate has published a new version of the regulation on maximum energy prices at auctions for offshore wind farms. The changes, resulting from an amendment to the so-called Offshore Act, introduce differentiation of support rates under 25-year strike [...]
EU approves €2.6 billion Estonian State aid scheme to support offshore wind energy
The European Commission has approved a €2.6 billion Estonian scheme to support renewable offshore wind energy to foster the transition towards a net-zero economy. The scheme was approved under the State aid Temporary Crisis and Transition Framework (‘TCTF') adopted by the [...]
Baltic Power: key construction phase to begin in January 2025
In January 2025, the Baltic Power offshore wind farm will enter a critical phase of its development. The project, a joint venture between Orlen and Northland Power, will see the start of the marine stage of construction, which involves the installation [...]
ELWIND environmental impact assessment program for the ELWIND Estonia area has been approved
The Environmental Impact Assessment (EIA) program describes the entire environmental impact assessment process, such as the scope and methodology of environmental studies to be conducted in the Estonian marine area, community involvement, etc. Proposals, objections, and questions regarding the program were [...]
This was a week of leadership in Baltic Sea Offshore Wind [Episode 147]
Episode 147 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, [...]
No offshore bids in Denmark – disappointing but sadly not surprising
Denmark’s latest 3 GW offshore wind auction round ended without any bids. That’s a huge disappointment for Denmark and for Europe’s wider energy security and electrification efforts. The failure to attract bids results from Denmark’s auction design – including its unhealthy [...]
Lithuania’s Renewable Energy Boom: Driving the Transition to Sustainability
In the face of global climate challenges and shifting geopolitical landscapes, Lithuania is positioning itself as a renewable energy leader in the Baltic region. With strategic investments in offshore and onshore wind energy, the country is demonstrating how the green transition [...]
CPTRA announces auction for offshore wind farm development in Saare 1 area
The Consumer Protection and Technical Regulatory Authority (CPTRA) announced an auction for the development of an offshore wind farm in the Saare 1 area west of Saaremaa. The auction will take place between 21 January 2025 at 12:00 and 23 January [...]
Finland’s first commercial-scale offshore wind farm underway
The work is already in full swing in Korsnäs off the west coast of Finland where one of the most significant industrial projects in the country is in progress. To achieve carbon neutrality by 2035 and to enhance Finland's energy self-sufficiency, [...]
RWE obtains construction permits for F.E.W. Baltic II offshore wind farm
Gdynia, 3 December 2024: The West Pomeranian Voivode has issued two key decisions on the implementation of the F.E.W. Baltic II offshore wind farm. In doing so, he granted a permit for the construction of offshore wind turbines together with an internal [...]
