Offshore politics/policy news

OFFSHORE POLITICS/POLICY NEWS

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OFFSHORE BUSINESS NEWS
901, 2024

The Ministry of Climate Approves Report on the Environmental Impact Assessment of North-Western Estonian Offshore Wind Farm

ESTONIA, OFFSHORE|

The Ministry of Climate has approved the report on the environmental impact assessment of the North-Western Estonian offshore wind farm being developed by Enefit Green, on the basis of which the development of the wind farm can move forward. Estonia has [...]

901, 2024

Global losses from biodiversity decline could reach $10 trillion by 2050

OFFSHORE, POLAND|

The decline in biodiversity, one of the consequences of a resource-intensive economy, is now considered one of the greatest threats to humanity. The loss of submerged forests alone could cost the global economy as much as $500 billion annually, according to [...]

901, 2024

Commission urges Member States to enhance National Energy and Climate Plans for EU’s 2030 targets.

OFFSHORE, REGULATORY|

The Commission published in December its assessment of EU Member States' draft National Energy and Climate Plans (NECPs) and issued recommendations to assist Member States in raising their ambitions in line with EU targets for 2030. The final Plans must be [...]

901, 2024

Germany approves Ostwind 3 offshore grid connection project

OFFSHORE, PROJECTS|

Germany continues to make significant strides in harnessing the potential of offshore wind energy, as the German maritime authority, BSH, has recently granted approval for the Ostwind 3 offshore grid connection project. This initiative is set to facilitate the transmission of [...]

801, 2024

AI-Optimized Grid Balancing Pilot Launched in Finland

FINLAND, OFFSHORE, TECHNOLOGY|

A Finland-based energy group has installed a pilot project at an industrial park in the country, touting it as a first-of-its-kind system supported by the use of artificial intelligence (AI). Exaum, founded in 2021 as an energy company committed to working [...]

801, 2024

Aker Solutions to pilot floating-wind power hub in Norway

OFFSHORE, TECHNOLOGY|

Aker Solutions has signed a front-end engineering and design (FEED) contract with the Marine Energy Test Centre (METCentre) in Norway to pilot new subsea power system technology which has the potential to significantly reduce the costs and complexity of offshore wind [...]

501, 2024

LVEA: Lithuanian Wind Energy Sector Achieves Milestones in 2023

LITHUANIA, OFFSHORE, TOP NEWS|

The year 2023 marked a dynamic and transformative period for Lithuania's wind energy sector, shaped by significant milestones and groundbreaking achievements. Selected by the Lithuanian Wind Power Association (LVEA), the events that unfolded reflect the nation's commitment to renewable energy.From financial [...]

501, 2024

Environmental Impact Assessment Report for North-West Estonian Coastal Wind Farm approved by the Ministry of Climate Change

ESTONIA, OFFSHORE, PROJECTS|

Enefit Green plans to build a wind farm with a capacity of up to 1,100 MW in the North-West Estonian coastal sea. The proposed wind farm will be located on low-lying areas at least 12 km northwest and north of the [...]

401, 2024

TGS | 4C Offshore report: Record year in global offshore wind

OFFSHORE, OPINIONS|

TGS | 4C Offshore has declared 2023 as a record year for offshore wind investments, marking a significant rebound from the previous year's slump. The latest Global Market Overview by TGS - 4C Offshore anticipates a potential continuation of this trend [...]

401, 2024

Fred. Olsen Windcarrier wins contract with Ørsted and PGE

OFFSHORE, POLAND, PROJECTS|

Fred. Olsen Windcarrier has been awarded a WTG installation contract with Ørsted and PGE for the installation of wind turbines at the Baltica 2, lot 3 offshore wind farm in Poland. Fred. Olsen Windcarrier will mobilise one of its special purpose-built [...]

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