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Category Archives: Offshore

BASF to Buy Stake in German Offshore Wind Farms From Vattenfall — Update – MarketWatch

Posted: April 22, 2024 at 8:23 pm

BASF to Buy Stake in German Offshore Wind Farms From Vattenfall -- Update  MarketWatch

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Vestas and Maersk team up for South Korean offshore wind – Recharge

Posted: at 8:23 pm

Turbine-making giant Vestas has signed an agreement with its Danish compatriot Maersk to establish a nacelle manufacturing plant and logistics base for offshore wind turbines in South Korea, the company revealed today (Monday).

A plant and logistical base envisioned in the memorandum of understanding will help supply offshore wind turbines for the Mokpo New Port Hinterland Complex, Vestas stated in a LinkedIn post.

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rsted and OEG Renewables Form Offshore Wind Pact in US | Offshore Wind – Offshore WIND

Posted: at 8:23 pm

OEG Renewables, part of OEG Energy Group Limited, has entered the US offshore wind market after signing a multi-year framework agreement with rsted.

The multi-year agreement gives OEG Renewables topside division exclusivity for all temporary power scopes rsted have during commissioning on their projects.

This agreement has begun immediately with the provision of temporary power scope to the offshore South Fork Wind project operated by rsted and Eversource, with OEG Renewables providing eight portable generator sets with technician support.

Temporary power generators provide power to the turbine during commissioning activities prior to a grid connection and during operations and maintenance (O&M) downtime.

The 132MW South Fork Winds project has recently started delivering power at full capacity to New Yorks Lond Island.

In addition, rsted and Eversource are developing the 704 MW Revolution Wind project which will provide clean power to Rhode Island and Connecticut.

John Heiton, OEGs Chief Executive Officer, said: We are delighted to have signed this multi-year framework agreement supporting rsted on its US projects, which will support the expansion of offshore wind in the US and pave the way for future projects. OEG Renewables is uniquely placed to service global clients and projects with its extensive operating footprint in over 60 countries and ability to offer integrated service solutions to blue-chip clients.

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Denmark Launches Massive Offshore Wind Auction | Offshore Wind – Offshore WIND

Posted: at 8:23 pm

Denmark has opened a new offshore wind tender, the countrys largest ever, offering a minimum of 6 GW of new capacity spread over six wind farms, with the overplanting option allowing for 10 GW or more of new capacity to be added.

The Danish Energy Agency published the tender for the wind farms located in the North Sea I, Kattegat, Kriegers Flak II, and Hessel areas. The tenders follow the political agreement on tender frameworks from the spring of 2023.

The offshore wind farms must deliver at least 6 GW, and as a new element, there will be freedom to establish as much offshore wind as possible on the tendered areas, with the exemption of Hessel with a maximum capacity of 1.2 GW.

If the market utilizes this freedom to optimize the usage of the areas, it could result in the construction of 10 GW offshore wind or more, the agency said.

The power produced by the new wind farms will be used not only for Danish consumption, but also for export to the neighboring countries and for green hydrogen production. This plan is in line with the political agreement made in the beginning of April on the financial framework for hydrogen infrastructure.

Finally, we are able to publish the biggest offshore wind tender in Danish history. With hundreds of wind turbines, we are insuring ourselves against Putins black gas, and as of today Denmark is one large step closer to becoming Europes green power house. When the wind turbines are operating, we can cover all of Denmarks power consumption with green electricity and we can produce hydrogen and green fuels for ships and planes. It is projects of this scale that can make a big, green difference for the climate and our security. Not just for Denmark, but for all of Europe, said Lars Aagaard, Denmarks Minister for Climate, Energy, and Utilities.

The projects tendered in this round will be built without state subsidies and with a yearly concession payment. This means, that the bidders will participate in the tenders by bidding a yearly concession payment to the Danish state across a 30-year period, for the right to use the seabed. The concession payment is combined with the Danish state co-owning each of the tendered offshore wind farms with a minority ownership of 20 percent.

Now it is up to the market to take part in Denmarks next big wind adventure. The next chapter will thus be written and carried out by the market it is the market that must bring these tenders across the finish line, said Minister Aagaard.

An offshore wind farm with 1 GW capacity is expected to require capital investments of around DKK 16 billion (around EUR 2.14 billion), and, according to calculations from market actors from 2020, around 9,500 workers.

The minimum capacity of all the offshore wind farms, of a total of 6 GW, has to be commissioned before the end of 2030.

The tender also includes a number of requirements with regards to sustainability and social responsibility, including the obligatory use of recyclable wind turbine blades, unless a market analysis from the Danish Energy Agency deems that the requirement will prevent commissioning of one or more of the 6 GW before the end of 2030. If this is the case, it will instead be required that the blades are reused for other purposes at the time of decommissioning.

The developers will also have to monitor the offshore wind farms effect on nature and the environment. Two wind farms, one in the North Sea and one in Kattegat in internal Danish waters, will require a so-called nature inclusive design to provide a positive impact on the marine environment and biodiversity.

Denmarks operating offshore wind farms currently have a capacity of 2.7 GW.

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Denmark Launches Massive Offshore Wind Auction | Offshore Wind - Offshore WIND

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Denmark’s offshore wind parks currently generate 2.7 gigawatts of electricity – The Mountaineer

Posted: at 8:23 pm

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rsted Buys Sunrise Wind Stake from Eversource – Offshore WIND

Posted: at 8:23 pm

US utility Eversource Energy has finalized definitive documents regarding its previously announced agreement to sell its 50 per cent ownership stake in the 924 MW Sunrise Wind offshore wind project to rsted.

Eversource will remain contracted, under a separate construction management agreement, to lead the onshore construction of the Sunrise Wind project following the closing.

In this role, Eversource will be a service provider to rsted and will not have any ongoing ownership interest in the project, nor any ongoing financial obligations associated with project costs.

Were proud of the work we have already accomplished for Sunrise Wind and look forward to assisting rsted and the State of New York in advancing this important clean energy project through our continued onshore support, said Joe Nolan, Chief Executive Officer and President of Eversource Energy.

Sunrise Wind will bring considerable new investment and job opportunities to New York, especially for the local union slated to build the projects onshore transmission system, while also helping to reduce carbon emissions and advance a clean energy future. We look forward to our continued role as a leading transmission expert to help enable the continued development of this important renewable resource for our region.

Back in January, 2024, Eversource reached an agreement to sell its 50 per cent interest in Sunrise Wind to rsted, contingent on, among other things, the projects successful award in the most recent offshore wind renewable energy certificates request for proposals (ORECRFP23-1) issued by New Yorks energy agency, NYSERDA. Sunrise Wind was subsequently selected by New York State in February 2024 to move forward with contract negotiations with NYSERDA.

The transaction is expected to close later this year and is subject to certain conditions, including execution of a contract with NYSERDA and customary regulatory approvals.

Located approximately 30 miles (about 48 kilometres) east of Montauk, New Jersey, Sunrise Wind is expected to be the countrys largest offshore wind farm once it is completed in 2026, generating enough clean energy to power nearly 600,000 New York homes.

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‘Heart-breaking’: Refugees once detained offshore by Australia warn the UK government not to push through its … – The Albany Herald

Posted: at 8:23 pm

(CNN) They stole six years of my life, and I committed no crime, writer Behrouz Boochani tells CNN from New Zealand, where he now lives.

He does not mince his words as he describes the impact of being detained as an asylum seeker on a remote island in Papua New Guinea by the Australian government.

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'Heart-breaking': Refugees once detained offshore by Australia warn the UK government not to push through its ... - The Albany Herald

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‘More non-turbine challenges’ | GE hits back in New York round 3 offshore wind demise – Recharge

Posted: at 8:23 pm

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'More non-turbine challenges' | GE hits back in New York round 3 offshore wind demise - Recharge

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Aker BP begins production from Hanz field offshore Norway – Offshore Technology

Posted: at 8:23 pm

Aker BP and its partners Equinor and Sval Energy have commenced production from the Hanz field in the Norwegian North Sea.

Located in production licence 028 B, the subsea field development is tied into the Ivar Aasen platform about 15km further south.

Discovered in 1997, the Hanz field holds estimated recoverable resources of 3.1 million standard cubic metres of oil equivalent, translating to approximately 19.65 million barrels of oil equivalent.

Aker BP said the development costs for the Hanz field are around Nkr5bn ($453m).

The project saw the repurposing of subsea production systems from the Jette field, a first for the Norwegian Continental Shelf (NCS).

This optimised solution has led to reduced power consumption, chemical use and seabed equipment.

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In addition to the technological advancements, the development strategy for Hanz included the implementation of a cross-flow well for water injection.

Aker BP CEO Karl Johnny Hersvik said: This is yet another great example of what we can achieve working as one team with our suppliers towards a common goal and with shared incentives. In addition, innovative solutions with reuse of infrastructure and use of [a] cross-flow well have contributed to lower costs and lower emissions.

Development of the Hanz discovery is important for the development of the Ivar Aasen area. Production start from Hanz in 2024 will help us maintain good production from the Ivar Aasen platform.

Aker BP, which owns a 35% stake in the field, leads the consortium as the operator of production licence 028 B. Equinor owns a 50% interest while Sval Energi holds the remaining 15% stake.

Aker BP Projects Edvard Grieg and Ivar Aasen vice-president Stine Kongshaug McIntosh said: This development solution will be more cost-efficient and have a smaller environmental footprint than originally planned for. This is in line with Aker BPs continuous search for improvements, where the goal is to produce with low costs and low emissions.

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Aker BP begins production from Hanz field offshore Norway - Offshore Technology

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Hearing scheduled this week on bill to advance offshore wind – delawarebusinessnow.com

Posted: at 8:23 pm

Hearing scheduled this week on bill to advance offshore wind  delawarebusinessnow.com

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Hearing scheduled this week on bill to advance offshore wind - delawarebusinessnow.com

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