This article comprises round-by-round updates from the New York Bight lease sale’s second and third day, and a link to Day 1 updates. For the news on the auction results, go to the news below: Round 63: The asking price for the biggest site has now climbed to USD 1.1 billion with one bidder in, [&he
This is an article following Day 1 updates of the New York Bight offshore wind lease sale. To read the updates from Day 2 and Day 3, or news on the final results of the lease sale, go to the articles below: The biggest offshore wind lease sale ever organised in the US is resuming […]
By: Jason Deign, for New Energy Update The US offshore wind sector ended 2017 on a slightly ironic note. Plans for Cape Wind, which was supposed to have been the country’s first offshore wind farm, were finally shuttered after a long period of uncertainty.[1] But prospects for the rest of the market
The concept of using vessels as hotels, or floatels, accommodation vessels, or recently, SOVs, or whatever name you give them, has been available in the market for a while. With some of the current and more future projects being built further at sea in harsher sea states this concept is now gaining
There are some blunt facts about wind farm support vessels and some of them do not make pleasant reading. In the past four years there have been many wind farm support vessels built, some for existing companies and some for new companies. At the time they were ordered the prospects looked good with
When working offshore there should be one golden rule: Safety first! All kinds of legislation and regulations have been set up to ensure that both the health and safety of the employees are respected, in facet of their work, and rest time, offshore. However these rules can vary by country and also b
Aveillant has completed live demonstrations which show that its Holographic Radar™ reliably removes wind turbines from airport radar with no degradation to radar performance. The two week showcase demonstrated the technology in action at Prestwick airport, where live data from two Holographic Radars
Currently most of the licences for offshore wind farm development zones are granted with a lease period of 20 to 25 years. As a consequence the turbines have to be built to last for at least that period. There are several elements that can affect the life span of a turbine once it is installed [&hel
Since April 2012 the wind farm support vessel industry has experienced success and failure, both large and small. 2012 will be remembered for the number of new vessels built and delivered to operators, but predominantly it will be the collapse of South Boats Special Projects in the autumn that shook
The wind energy industry is continuing to expand worldwide with the industry ebbing and flowing as global governments decide policy on supporting renewable power and then reconsider the economics, causing delays in financing major projects. The industry is caught in the financial tide but is growing
The wind energy industry is continuing to expand worldwide with the industry ebbing and flowing as global governments decide policy on supporting renewable power and then reconsider the economics, causing delays in financing major projects. The industry is caught in the financial tide but is growing
Scottish homes would see significantly increased electricity bills if it becomes independent, because the country would bear the cost of renewable energy subsidies and infrastructure, which are now distributed across the United Kingdom, Energy Secretary Edward Davey said in his speech held at an ene
In the past 12 months we have seen orders for new Wind Turbine Installation Vessels placed, new builds started and others completed and delivered. These vessels have got bigger and stronger’wlth larger cranes, and higher jacking possibilities. The specifications of almost every dimension have increa
The Board of Directors of Prysmian S.p.A. has approved the consolidated results for the first half of 2011. “The first half of 2011 has confirmed the signs of recovery in demand seen from the second half of last year, resulting in a volume increase for the majority of businesses”, states CEO Valerio
Operating and financial overview: *On track to deliver full year earnings growth in 2011, despite commodity price volatility, challenging economic environment and higher UK upstream gas and oil tax rates *shift in profits from the downstream to the upstream *UK residential energy operating profit* h
