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Secondary finance driving offshore investments
WORLDWIDE: Investments in offshore wind reached a record high in 2017, while spending on onshore wind fell by nearly 15%, according to the International Energy Agency (IEA).
Investor and trader launch €200m wind fund
EUROPE: Investment firm Low Carbon and energy and commodity trader Vitol have closed a fund to invest in European renewable energy projects, including onshore and offshore wind.
Ørsted launches Ocean Wind lidar buoy
UNITED STATES: Developer Ørsted has started measuring wind and wave conditions to determine the best turbine locations for its Ocean Wind project off the coast of New Jersey.
First turbine installed at Beatrice
UK: The first Siemens Gamesa turbine has been installed at the Beatrice offshore wind project in Scotland.
Offshore decommissioning could cost UK £3.6bn
UK: Decommissioning 37 offshore wind farms in various stages of development in UK waters could cost the government between £1.28 billion (€1.44 billion) and £3.64 billion (€4.12 billion), a new report has revealed.
PROJECT UPDATES
Technology
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Denmark Thinner suction bucket concept awarded grant
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Taiwan EEW wins Formosa foundations order
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United Kingdom EDF completes Blyth pilot
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Shell joins offshore accelerator
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United Kingdom UK test site to be decommissioned
Policy
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United Kingdom UK offshore could reach 40GW with centralised focus
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Denmark Denmark agrees "ambitious" energy deal
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United Kingdom OPINION: Offshore plan falling on deaf ears
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France French offshore tariffs reduced
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United Kingdom GOW 2018: Deployment key to cost reduction
Business and finance
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United Kingdom Service rivals carve up MPI Offshore
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France GE to spend €46m on 12MW factory upgrade
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United Kingdom Vattenfall appoints new UK chief
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Germany Adwen begins Germany job cuts
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Tennet and Innogy to study project interconnection
In Depth
OPINION: Making the most of the offshore wind boom
With the pace of offshore deployment increasing, the supply chain needs to keep pace. Here, vessel supplier Seajack's crewing manager, Ian Robertson, sets out the three major challenges facing the sector.
Floating offshore takes to the skies
NETHERLANDS: Airborne wind energy systems (AWES) are seeing growing wind industry interest, but it remains an emerging technology set against conventional wind power's track record, production volumes and readiness for market.
Vessels go supersize
WORLDWIDE: The latest fossil-fuel player to move into renewables is the owner of one of the world's largest crane vessels, capable of lifting 14,000 tonnes. As offshore wind turbines grow bigger and move into deeper water, could Saipem's oil and gas background give it an advantage over established players?
Floating wind eager for commercial projects
FRANCE: Encouraged by the success of Hywind Scotland, the floating offshore wind sector is aiming to make policymakers take note and move on to build utility-scale projects. But supply-chain challenges need addressing for serial production to become viable
Poland outlines offshore ambitions
POLAND: With costs coming down, a pre-existing supply chain and other sites being developed nearby, Poland is well placed to develop and build a large-scale offshore market.
