934 results found for 'baltic 1'

934 results found for 'baltic 1'
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  • OIL’S CONTAGIOUS EFFECT ON ELECTRICITY PRICES: What Effect Will Low Oil Prices Have on Offshore Wind Projects?

    15 June 2015

    In recent years, the shale gas revolution has contributed to the United States surpassing Russia and Saudi Arabia in oil production. The surge in oil production worldwide and Saudi Arabia’s strategic decision not to reduce its oil production led to declining oil prices. These lower prices have a contagious effect on the electricity prices, which […]

  • Scottish Government Announces over GBP 4 Million for EMEC

    1 March 2013
    Authorities, Business & Finance, Technology

    The Scottish Government yesterday announced more than £4 million for new wave and tidal power research capacity, securing Scotland’s world-leading position in marine energy. Energy Minister Fergus Ewing told industry delegates at the RenewableUK Wave and Tidal Conference in London that the European Marine Energy Centre (EMEC) in Orkney would get £3 million for a […]

  • UK: Severn Barrage Could Be Cheaper than Offshore Wind

    4 February 2013
    Business & Finance, Technology

    On 30th January, Hafren Power – which plans to build an 18km (11 mile) tidal power station across the Severn Estuary to generate zero carbon electricity – pledged to work with all stakeholders to protect ports and wildlife. Tony Pryor, Hafren Power’s Chief Executive, said: “We will deliver green, safe, secure and ultimately the cheapest […]

  • E.ON posts significant increases in first-half (Germany)

    11 August 2010
    Business & Finance

    Adjusted EBIT up 11 percent year on year. 2,800MW of new, climate-friendly generating capacity enters service. 2010 forecast unchanged – adjusted EBIT expected up 0 to 3 percent and adjusted net income at prior-year level. Following a strong first quarter, Düsseldorf-based energy company, E.ON recorded significant increases in its key financial figures for the first […]

  • The Netherlands: Ballast Nedam Narrowly Achieves Operating Profit in First Half

    12 July 2013
    Business & Finance

    Ballast Nedam today released its financial results for the first half of 2013. Operating profit of € 1 million (1st half of 2012: € 4 million) Profit for the period: loss of € 3 million (1st half-year 2012: break-even) Revenue 14% lower at € 496 million (1st half of 2012: € 575 million) Order book […]

  • Seajacks Announces Zaratan Construction Summary (UK)

    17 August 2011

      In February 2010 Seajacks entered into a contract with GustoMSC to provide the Basic Design Package for two purpose built wind farm installation vessels. In June 2010 Seajacks entered into a contract with Lamprell shipyard to build these new vessels and Seajacks will take delivery of the first new-build, Seajacks Zaratan, in May 2012, […]

  • UK Should Cancel Its £1 Billion OW Investment, Says Civitas

    1 December 2014

    The coalition’s industrial strategy amounts to “little more than economic tinkering” and cannot possibly tackle the structural problems facing the UK economy, a Civitas report warns. According to the think-thank the objectives set out by Business Secretary Vince Cable are too easy to achieve and fail to address important issues that must be overcome if […]

  • Construction phase United Kingdom

    17 August 2016

    A wind farm construction project should be meticulously planned involving, as near as possible, the complete supply chain from the very start if the execution is to be as successful as possible. On top of the large Tier 1 organisations involved, delivery of a project often involves a significant number of small to medium sized companies each with their […]

  • Denmark: LM Wind Power Announces EUR 707.5 Million Revenue for 2011

    1 May 2012
    Business & Finance

    LM Wind Power Group made continued progress despite being faced with a range of external pressures, maintaining profitability for 2011 with revenue of EUR 707.5 million and EBITDA of EUR 73.9 million. The results are in line with expectations for the year, yet disappointing and lower than last year. The revenue for LM Wind Power […]

  • France: Progress towards Clean Energy Stalled, IEA Says

    18 April 2013

    The rapid expansion of renewable technologies is one of the few bright spots in an otherwise bleak assessment of global progress towards low-carbon energy, the International Energy Agency (IEA) said in an annual report to the Clean Energy Ministerial (CEM) yesterday. “The drive to clean up the world’s energy system has stalled,” IEA Executive Director […]

  • Alstom Grid pioneers

    2 January 2012

    Alstom Grid has been pioneering the way for offshore wind grid connections from the very early days when it built the first substations for both UK and Germany. Alstom Grid has over 100 years of expertise in electrical grids and ranks among the top three in the electrical transmission sector with an annual sales turnover […]

  • Big, Bigger, Giantic – XL vibratory technology

    7 October 2013

    Minimising the impacts of underwater noise from piling activities is an important environmental issue. Foundations for offshore wind farms require piling, either heavy piling for monopiles or piling to a lighter degree for jackets. Up to now the offshore wind industry has used hammers to carry out this work. Dutch engineering company Dieseko Group is […]

  • USA: Interior Completes Second Lease Sale Offshore Virginia

    5 September 2013

    As part of President Obama’s Climate Action Plan to create American jobs, develop domestic clean energy sources and cut carbon pollution, the Interior Department completed the nation’s second competitive lease sale for renewable energy in federal waters, garnering $1,600,000 in high bids for 112,799 acres on the Outer Continental Shelf offshore Virginia. Virginia Electric and […]

  • Examining the economic potential of offshore wind in North Holland

    15 December 2020

    Report reveals North Holland’s excellent position for support of wind projects In a boost to renewable energy production, a spate of offshore wind farms, with 8.3 GW total capacity, is scheduled for construction in the northern part of the Dutch North Sea in the coming decade. The wind farms are Hollandse Kust (zuid), Hollandse Kust […]

  • Milestone Year for UK Offshore Wind

    10 November 2014
    Authorities, Business & Finance

    Huub den Rooijen, Head of Offshore Wind at The Crown Estate which manages the UK seabed, assesses the case for offshore wind in turbulent times and calls for greater transparency in debating energy future. UK has seen significant milestones hit, such as 4 GW of capacity now in operation – enough to meet the electricity demands […]

  • Siem Offshore Reports 3Q Results (Norway)

    27 October 2011

    The operating revenues for the third quarter were USD 93.4 million (2010: USD S8.0 million).The operating margin was USD 3S.7 million (2010: USD 19.S million) and the operating margin as a percentage of revenues was 38% (2010:34%). Operating profit was USD 12.6 million (2010:14.8 million) and includes depreciation and amortisation of USD 21.3 million (2010: […]

  • Wind Bankers III: Green Giraffe Energy Bankers

    6 February 2013

    Offshore wind deals are happening and project developers that need money are getting it, but sometimes this is overshadowed by a cloud of negativity from banks and the utilities, which complain all too often that the project finance markets are broke or the regulatory frameworks insufficient.  Jérôme Guillet, Managing Director of Green Giraffe Energy Bankers, says: […]

  • Company announcement from Vestas Wind Systems A/S (Denmark)

    19 August 2010
    Business & Finance

    All-time high order intake. Results in line with expectations. Full-year guidance revised downwards. The second-quarter wind energy order intake was 3,031 MW, which was the highest level ever recorded and on a level with the order intake for the whole of 2009. Vestas generated second-quarter revenue of EUR 1,007m, a drop of 17 per cent […]

  • New Investment in Global Clean Energy Sector Rises by 14 Pct

    16 April 2014
    Business & Finance, R&D

    Clean Energy Pipeline has released its preliminary analysis of venture capital, private equity, project finance, mergers and acquisitions and public markets activity during 1Q14 in the clean energy sector. New investment in the global clean energy sector totalled $61.0 billion in 1Q14, representing a 14% increase on the $53.4 billion invested in the corresponding period […]

  • Northland Secures Right to Acquire Majority Equity Stake in Gemini OWF

    1 August 2013
    Business & Finance

    Northland Power Inc. (“Northland”) announced it has entered into agreements for the rights to acquire a majority equity stake in Gemini, a 600MW offshore wind project currently in advanced development. Gemini is located 85 kilometres off the coast of the Netherlands in the North Sea, which combines one of the strongest and most reliable wind […]

  • Canada: Ontario’s Government Changes, Offshore Wind Cancellation Still in Effect

    21 May 2013
    Authorities, Business & Finance

    It has been two years since the Government of Ontario announced that it is imposing a cancellation/moratorium on offshore wind, saying that it needed time to perform more scientific studies on the effects of offshore wind turbines on health and environment. This decision affected Trillium Power the most, as the company had plans for four […]

  • Energy Transition Becoming Visible in Netherlands

    9 October 2014

    The Dutch National Energy Report reveals that the objectives for renewable energy and energy savings have not yet been achieved, but the climate objective has, and employment in the energy sector is shifting from fossil fuels to renewable energy and savings.  Thanks to energy savings and the increasing production of renewable energy, greenhouse gas emissions […]

  • Siemens: Europe Could Save EUR 45 Billion of Investment in Renewables

    15 May 2013
    Business & Finance

    Siemens has analyzed the electrical power producing systems across Europe and identified considerable potential for optimization, especially in connection with plans to expand power generation from renewable energy sources. The crux lies in the choice of location: If installations were built at the sites in Europe that offer the highest power yields, some EUR 45 […]

  • Spain: Iberdrola Q1 Net Profit Up 0.7 pct

    10 May 2012
    Business & Finance

    IBERDROLA’s first quarter net earnings rose 0.7% to €1,022 million with Ebitda up 4.1% at €2,365 million, driven by international growth and despite a decline in Spain where recent regulatory decisions have had a negative effect. Revenues rose 10% to €9,331 million, while gross margin was up 4.1%. Net operating income (Ebit) rose 1.3% higher […]

  • Fixed Met Masts Become History as Floating LiDAR Takes the Stage

    10 December 2013
    Technology

    Offshore WIND Team spoke to FLiDAR’s Bruce Douglas at EWEA Offshore 2013 held in Frankfurt. Mr. Douglas commented on the company’s latest contracts and growth within the offshore wind industry. He also explained the benefits of using a floating LiDAR over a fixed meteorological mast. Offshore WIND: First of all, I would like to congratulate […]

  • Noise mitigation system: First commercial operation…

    15 February 2013

    There are different restrictions for maritime pile driving operations in place in the North European countries to protect the local sea life. It is quite right and proper that there should be restrictions. However, it could be argued that it is probably not so right and proper that the individual legislation for each country for the restrictions is not […]