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China Reaches 45% of Global Offshore Wind Capacity

Clarksons Research has released onto its Renewables Intelligence Network (RIN) platform a new briefing profiling China’s offshore wind sector, including capacity forecasts, intelligence on vessel deployment and new province level analysis as part of an expansion of Chinese market content on RIN. Reviewing the data, Steve Gordon, Managing Director of Clarksons Research commented:

China Reaches 45% of Global Offshore Wind Capacity

North Star Comments on UK’s CfD Announcement

North Star is currently building its first offshore wind fleet which has been chartered for at least the next decade in the North Sea. This includes four state of the art service operation vessels (SOVs) and associated daughter craft. The SOVs will be delivered to Lowestoft from early next year.

North Star Comments on UK’s CfD Announcement

UK Sets Strong Example with Revenue Support for 40 MW of Tidal Stream

Ocean Energy Europe applauds the announcement of the first-ever tidal stream auction winners under the UK’s Contracts for Difference (CfD) scheme.  The winning projects – Orbital Marine Eday 1 & 2, Morlais Magallanes and Meygen Phase 2 – will together generate over 40 MW of electricity for British homes and businesses.

UK Sets Strong Example with Revenue Support for 40 MW of Tidal Stream

Hexicon Wins UK’s First Ever CfD Auction for Floating Offshore Wind

On July 7, 2022, the UK Government confirmed that Hexicon AB’s TwinHub project in the Celtic Sea was successful in the latest Contracts for Difference (CfD) Allocation Round (AR4). It has been awarded a CfD for its 32MW floating wind project at a strike price of £87.30/MWh (2012 real prices) taking the project a significant step closer to completion.

Hexicon Wins UK’s First Ever CfD Auction for Floating Offshore Wind

Norway Leads the Way with Emissions Intensity and Electrification Projects

Following a recent Westwood Insight on emissions performance of the UKCS, this insight looks at how Norway is performing and leverages data available in Westwood’s Northwest Europe E&P product, Atlas. Westwood takes a deep dive into Norway’s emissions forecast and the impact future electrification projects are expected to have.

Norway Leads the Way with Emissions Intensity and Electrification Projects

Shell to Build Europe’s Largest Renewable Hydrogen Plant

Shell Nederland B.V. and Shell Overseas Investments B.V., subsidiaries of Shell plc, have taken the final investment decision to build Holland Hydrogen I, which will be Europe’s largest renewable hydrogen plant once operational in 2025.

Shell to Build Europe’s Largest Renewable Hydrogen Plant
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