175 results found for 'hornsea 1 '

175 results found for 'hornsea 1 '
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  • Ørsted Points to Possible Reason for EUR 403 Million Cable Problem

    30 April 2021
    Business & Finance, Operations & Maintenance, Wind Farm Update

    Leading offshore wind developer Ørsted has suggested that a scour protection method which left the inter-array cables unstabilised could be the potential reason for an up to DKK 3 billion (EUR 403 million) issue across up to ten wind farms in Europe. As reported earlier, Ørsted first became aware of the problem earlier this year […]

  • Ørsted Anticipates ‘Significantly Higher’ Offshore Earnings in 2023; Plans EUR 7 Billion in Gross Investments

    1 February 2023
    Business & Finance

    Ørsted reported an EBITDA of DKK 21.1 billion (approximately EUR 2.84 billion) for 2022 and expects this year’s operating profit to be in the similar range, between DKK 20 billion and DKK 23 billion (approx. EUR 2.67 billion and EUR 3.09 billion). For its offshore business, the developer anticipates 2023 earnings to be “significantly higher”. […]

  • Maritime Partner to Build Daughter Boats for DONG’s SOVs

    31 October 2016
    Business & Finance, R&D, Vessels, Wind Farm Update

    Norwegian boat builder Maritime Partner AS has signed a contract with the Spanish shipyard Astilleros Gondan for the delivery of four boats which will be stationed onboard two new Service Operation Vessels (SOV) working for the offshore wind power industry. The SOV’s are ordered by the Norwegian ship owner Østensjø Rederi to service DONG Energy’s […]

  • NorSea Signs Multi-Million Deal for Hywind Scotland Project

    18 February 2016
    Wind Farm Update

    NorSea Group AS (NSG) has signed a contract with Statoil for the utilisation of its Stord base in Norway to assemble the world’s first floating wind farm, the Hywind Scotland Pilot Park. The contract, valued at approximately NOK 50-70 million (approx. EUR 5.2-7.4 million), will enter into force as of 1 March. It covers the preparation and adaptation of […]

  • Ørsted Devising ‘Band-Aid’ Solution for EUR 403 Million Cable Issue

    15 June 2021
    Operations & Maintenance, R&D, Technology, Wind Farm Update

    Ørsted is developing a solution that could potentially save the company from spending as much as EUR 403 million to repair damaged inter-array cables across up to ten of its offshore wind farms. As previously reported, Ørsted discovered an issue with Cable Protection Systems (CPSs) on the Race Bank wind farm off the UK earlier […]

  • Ampelmann Secures 13 Offshore Wind Contracts in Europe

    12 August 2021
    Contracts & Tenders, Operations & Maintenance, Technology, Vessels

    Dutch offshore access provider Ampelmann has signed 13 contracts in European offshore wind in the first half of 2021. With these contracts, the company enables the installation and maintenance of wind farms by providing motion compensated gangway solutions for both personnel and cargo transfer. ”Securing these projects has brought us new opportunities to deliver the […]

  • Latvian, Estonian Cross-Border Offshore Wind Project Receives EU Funding

    13 July 2023
    Authorities, Business & Finance, Business development, Research & Development

    The European Climate, Infrastructure and Environment Executive Agency (CINEA) has approved a EUR 18.7 million co-funding for ELWIND, a 1 GW Latvia-Estonia cross-border offshore wind project. The co-funding is said to enable research to determine the environmental impact of the Latvian-Estonian ELWIND offshore wind farm sites and to plan the transmission network cross-border connections and […]

  • European Commission Approves Contracts for Difference

    23 July 2014
    Authorities, Business & Finance

    The European Commission has concluded that a UK scheme called “Contracts for Difference” that promotes the generation of electricity from renewable sources is in line with EU state aid rules. In separate investigations, the Commission has also found that public support worth GBP 9.7 billion (around € 12.3 billion) to five offshore wind farms is […]

  • Portugal Zooms In on Three Offshore Wind Areas with 3.5 GW Capacity for Upcoming Auction

    14 July 2023
    Authorities, Fixed-Bottom, Floating Wind

    An inter-ministerial working group on offshore wind set up by the Portuguese government as part of the process of organising the country’s first offshore wind tender has narrowed down the initially identified areas to three that would be offered for development later this year. As reported at the beginning of this year, the working group […]

  • DONG Energy’s Race Bank Takeover Good for East of England

    24 December 2013
    Business & Finance

    The decision of energy giant Centrica to pull out of a windfarm project 17 miles off the North Norfolk coast could prove to be good news for the area. James Gray, inward investment director for the East of England Energy Zone (EEEZ), said he was delighted to see Danish company DONG Energy Power (UK) invest […]

  • Two Offshore Wind-to-Hydrogen Projects Withdraw from UK’s First Electrolytic Allocation Round

    18 August 2023
    Authorities, Business & Finance, Contracts & Tenders, Floating Wind, Power-to-X

    An Ørsted-Phillips 66 partnership and ERM have withdrawn their Gigastack and Dolphyn projects, respectively, from the UK’s first electrolytic allocation round (HAR1). While ERM has made the move as it aims at securing alternative funding for a phased multi-unit larger development, Ørsted and Phillips 66 have now halted their Gigastack project. Both projects involve producing […]

  • Britain Is Only Just Beginning to Exploit Its Vast Resources of Offshore Wind

    19 August 2016

    Below, we bring an article on the UK’s offshore wind energy status and potential, written by Simon Watson, Professor of Wind Energy at Loughborough University, and originally published by The Conversation. In 1993, nine 300kW turbines were installed on the eastern pier at Blyth Harbour, near Newcastle on England’s east coast. One can question whether this […]

  • UK Competition Winners Get Funds to Kick-Start North Sea Oil & Gas Electrification

    7 December 2021
    Environment, Technology

    UK’s petroleum regulator, the Oil and Gas Authority (OGA), has selected three winners for its £1 million offshore electrification competition, aiming to advance oil and gas electrification plans as part of the UK’s decarbonisation efforts. Three winners are sharing a £1 million, or about $1.3 million, prize for ideas that could help cut greenhouse gas […]

  • Hornsea Two to Power Industrial Scale Offshore Wind-to-Hydrogen Plant from 2025

    15 November 2021
    R&D, Technology

    The consortium behind the Gigastack offshore wind-to-hydrogen project plans to have a 100 MW electrolyser system up and running in the Humber, UK, in 2025. ITM Power, Ørsted, Phillips 66, and Element Energy have now published a report, highlighting the progress made on the project to date and describing the pathway to a final investment […]

  • Offshore Wind Investments to Reach USD 810 Billion by 2030 – Rystad Energy

    30 April 2021
    Business & Finance

    With the global installed offshore wind capacity expected to exceed 250 GW by 2030, the combined capital and operational expenditure (capex and opex) for the decade is set to reach USD 810 billion (approx. EUR 670.2 billion), signaling an increasing shift of investments from oil and gas to renewable energy technologies, according to a report […]

  • Mercurio Plastics Shipyard ‒ Offshore wind: A challenging market

    15 October 2012

    Spanish Mercurio Group found that attending the SeaWorks trade fair in Southampton lead to dedicated shipbuilding for the offshore wind industry. In 2011 they were commissioned by offshore logistics provider Tidal Transit to build two purpose built support vessels for this sector. The Ginny Louise arrived in December 2011 and started work on Greater Gabbard […]

  • THE FOUNDATIONS OF THE INDUSTRY: The next generation

    6 October 2015

    The offshore wind industry is not really doing anything exceptional when it comes down to the basics. Wind turbine generators, WTGs, have been around onshore since one of the first electricity-generating wind turbines was built to power a holiday home in 1887 in Marykirk, Scotland. Offshore platforms were built in the early 20th century for […]

  • Blue Offshore

    30 May 2017

    Blue Offshore Our solutions Our solutions include the rental of innovative modular offshore deck equipment. Our full range of rental deck equipment consists of basket carousels, tensioners of 5, 10 and 15 tonnes, loading towers, roller highways and chutes. We can also provide tailor-made solutions. Blue Offshore supports vessel’s deck and equipment engineering, Finite Element […]

  • Top News of the Week Feb 1 – 7, 2016

    7 February 2016

    Sea Worker Capsizes off Denmark Due to harsh weather, the offshore installation vessel Sea Worker has capsized during the night between Tuesday and Wednesday. VIDEO: How Big is Hornsea Project One? After reaching the Final Investment Decision for the 1.2 GW Hornsea Project One offshore wind farm earlier today, Dong Energy has published this short […]