The new EU Strategy on Offshore Renewable Energy must include a target of 100MW of ocean energy installed in Europe by 2025. This would be enough to power 100,000 European homes a year, and would pave the way for installing 3GW by 2030 and 100GW by 2050.
Energy
All Stories
The United States offshore wind energy industry is growing, with planned commitments to build 26 gigawatts (GW) of offshore wind projects along the East Coast from now through 2035. This is the clean power equivalent of 26 nuclear power plants, or roughly 10 times the average electric energy used by the entire state of Delaware.
Sustainable Marine Energy (SME) will supply three next generation PLAT-I floating tidal energy systems, with a rated power output of 420kW each, to project entity Spicer Marine Energy who has signed a Design Build and Operate (DBO) agreement with reconcept GmbH for the first phase of the Pempa’q In-stream Tidal Energy Project.
The University of Maine will collaborate with New England Aqua Ventus, LLC (NEAV), a joint venture between Diamond Offshore Wind, a subsidiary of the Mitsubishi Corporation, and RWE Renewables, the second largest company in offshore wind globally, to develop UMaine’s floating offshore wind technology demonstration project off the coast of Maine.
The location has been chosen to support CorPower’s flagship demonstration project HiWave-5, and for the long-term development of supply and service capacity for commercial wave energy farms.
GIEK (The Norwegian Export Credit Guarantee Agency) has quadrupled its offshore wind portfolio to NOK 4.2bn (USD 453m) since the tail end of last year. With ample capacity and competitive rates, it is actively seeking new business worldwide as part of its mandate to bolster the participation of Norwegian exporters in a burgeoning but capital-intensive sector.