The floating offshore wind power market in Asia Pacific could offer investment opportunities worth up to $58 billion as a significant market for the technology is emerging, latest research from Wood Mackenzie shows.
An Orkney-based renewables research centre will join a consortium exploring the opportunities for the floating wind and hydrogen supply chains in Scotland and France.
The offshore renewables industry needs to make a significant “step change” if floating wind deployment is going to be brought on par with fixed-bottom.
The demonstration turbine for what will be the “world’s largest” floating offshore wind development arrived off the coast of the Highlands over the weekend.
Independent energy consultancy and certification body DNV GL has given its seal of approval to an “innovative” double rotor floating wind turbine concept.
Plans for the “world’s largest” floating wind project off the coast of Aberdeenshire have been delayed for more than six months due to the impact of the Covid-19 lockdown, bosses have confirmed.
The floating offshore wind sector will have to overcome “huge” mobilisation challenges in order to get up and running, according to an industry expert.
A new group has been set up to make sure Scotland’s energy supply chain companies benefit from new floating offshore wind projects in Scotland and the UK.
When developer ERM decided Aberdeen would be the home for Dolphyn, its world-first floating green hydrogen project, it said “it will put Aberdeen on the map”.
Total and Macquarie’s Green Investment Group (GIG) will jointly develop five floating wind farms with total capacity of more than 2 gigawatts (GW) off South Korea.
The boss of the Kincardine Offshore Floating Wind Farm has said he is “hopeful” that the project will meet its operational timeline, despite delay roadblocks thrown up by the Covid-19 pandemic.
A new report has claimed Scotland’s coastlines hold the “most attractive sites” for UK floating wind as the technology is set to explode over the next 20 years.
Japan’s largest utility company and a French state-owed investment firm have joined forces with floating wind firm Ideol to create a vehicle for financing 2 gigawatts of green power projects.
The Scottish Government have declared a climate emergency and have a Net Zero target by 2045. How does this fit with a country that has a significant oil and gas industry?
Norwegian energy giant Equinor has received the go-ahead for its plans to build a floating wind farm able to power oil and gas installations in the Northern North Sea.
The uncertainty surrounding the coronavirus pandemic could be a “moment to reassess” for many smaller North Sea oil and gas firms overlooking the energy transition, a top energy analyst has said.
by Nick Shenken, partner, and Marianne Anton, associate, at TLT LLP
Along with industry, we welcome the recent consultation on allowing onshore wind and solar to compete for CfD’s in future Allocation Rounds, the next being scheduled for 2021.
Aberdeen’s Balmoral Group is to take what it’s learned from working in the world’s “deepest, darkest environments” and shift it into the floating offshore wind market.
Offshore wind generation is growing rapidly and is expected to make up 25 percent of total wind capacity by 2028, up from 10 percent in 2019, according to a new study from the research firm Wood Mackenzie.