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BOEM Advances Review for Two Proposed Offshore Wind Projects on Atlantic Coast

The Bureau of Ocean Energy Management (BOEM) announced the availability of two draft Environmental Impact Statements (EISs) for offshore wind projects for public review and comment. The Coastal Virginia Wind (CVOW) project and the Sunrise Wind project, if approved, could provide over 4,000 megawatts (MW) of offshore wind energy capacity, enough to power over 1.3 million homes.

BOEM Advances Review for Two Proposed Offshore Wind Projects on Atlantic Coast

Eco Wave Power Wins the Prestigious Innovation Award

Eco Wave Power Global AB is pleased to announce that it has won the Timón de Innovación Award (the “Innovation Award”), granted by the Port Authority of the Balearic Islands (APB) in collaboration with Gaceta Náutica, a publication focused on ports in the Balearic Islands, for the Company’s planned innovative wave energy project at Port Adriano in Spain.

Eco Wave Power Wins the Prestigious Innovation Award

Aker BP’s Board Approves Field Development Projects Offshore Norway

Aker BP’s board has approved that the operator Aker BP will vote in favor of submitting Plans for Development and Operation (PDO) for the NOAKA field development project, the Valhall PWP-Fenris project, the Skarv Satellite Project and the Utsira High projects.

Aker BP’s Board Approves Field Development Projects Offshore Norway

Westwood Insight: The Changing Landscape of Offshore Wind Subsidies

Offshore wind has historically been dependent on government subsidies, and this is still the case for the vast majority of projects, although support levels have generally declined over the past 10 years as project economics have improved due to economies of scale.

Westwood Insight: The Changing Landscape of Offshore Wind Subsidies
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