Lithuanian Minister of Energy, Dainius Kreivys, has signed an agreement providing for enhanced cooperation between the U.S. Department of Energy (DOE) and the Ministry of Energy of the Republic of Lithuania. The cooperation includes achieving Lithuania’s energy security and climate-neutral energy transition goals. […]
The U.S. National Renewable Energy Laboratory (NREL) research center leaned into offshore wind technology development. It has grown significantly in recent years. Leading industry experts predict that wind farms (onshore and offshore) will be much higher and more economical in 2035 than originally predicted. Forecasts of wind technology development are crucial for developers of [...]
Offshore wind energy is one of the areas where Germany and the U.S. will pursue an energy partnership. The signing of a joint declaration by representatives of the two countries took place on the sidelines of a meeting of G7 Climate, Energy and Environment Ministers in Berlin. […]
According to the latest analysis from independent think tank Rystad Energy, offshore wind expenses (CAPEX) are increasingly filling the gap left by investments in the oil and gas sector. By 2030, investments in the offshore wind market could surpass investments in the oil and gas sector in several key markets. [...]