“A tightening of restrictions on offshore workers will simply result in the U.S. becoming an unattractive place to do business to the detriment of America’s energy ambitions and strategy,” says IMCA chief.
The cancellation this week of two major wind projects off the coast of New Jersey effectively sinks President Joe Biden’s end-of-the-decade goal for building out offshore wind energy, a component of the US plan to eventually reach net zero.
Orsted A/S (CPH: ORSTED) shares slumped to their lowest level in six years after the Danish utility dropped two US wind projects and recorded 28.4 billion kroner ($4 billion) in impairments as the crisis in the wind industry is only getting worse.
Nearly 3 gigawatts of offshore wind capacity could be imperiled if the US government imposes a 20-kilometer (12.4-mile) buffer zone blocking turbines in endangered whale foraging areas near Martha’s Vineyard, the American Clean Power Association said Wednesday.
New York has selected three offshore wind farms to negotiate power contracts with the state as the industry faces increasing challenges from rising costs.
TotalEnergies will partner with offshore wind developer Corio Generation and electricity producer Rise Light & Power to develop the 3GW Attentive Energy wind farm in the United States.
Inverness-headquartered Aurora Energy Services has acquired US wind turbine blade repair and maintenance specialist Cotech Group in its first international takeover.
(Bloomberg) --When President Joe Biden in 2021 laid out a target of deploying 30 gigawatts of offshore wind capacity during the next nine years, the plan was deemed bold and ambitious.
“With our European neighbours we could have a pipeline of green hydrogen to provide a clean fuel stock to German industry and coming back the other way carbon to the UK [for storage],” he said.
Orsted said it’s prepared to walk away from projects in America unless the White House guarantees more support, highlighting the myriad challenges facing wind-energy developers in the country.
Filings by a New York regulator show Equinor (OSE:EQNR) and BP (LON:BP) are seeking an increase of up to 54% for power from a trio of wind projects planned off the state.
All told, Ørsted’s impairments may reach 16 billion kroner ($2.33bn).
Statistics Canada reported recently that Alberta’s energy prices rose by 127.8% in July, compared with the same month in 2022.
Orsted's £8bn Hornsea Three wind farm is a prime example, and a number of others globally have been "re-shuffled and refocused."
At a Louisiana shipyard Tuesday, construction slowed so executives, politicians and reporters could tour a boat that’s almost as long as a football field. Some workers welded steel bulkheads, while others used an industrial press the size of a trailer to bend metal. At the center of the activity sat the Eco Edison, a concrete and expensive sign that some companies are pressing ahead in the fledgling offshore wind industry.
Petrobras and Equinor have signed a letter of intent that will see the two assess the potential build-out of up to seven new offshore wind projects.
Energy recruitment firm Orion Group has opened its latest US office in New Jersey, as a booming renewable energy sector looks for a range of new talent.
While Europe has been grappling with the impacts of the war in Ukraine and the huge price rises in oil and gas that it has brought, in the US, the energy landscape looks very different.
Two developers have secured provisional offshore wind lease areas off the US state of North Carolina, as the government accelerates its push to deploy 30 GW of offshore capacity by 2030.
Heerema Marine Contractors (HMC) has been selected as a strategic supplier to the Equinor-BP joint venture developing the Empire and Beacon Wind projects off the east coast of the US.
After a decade of languishing in the doldrums, the US offshore wind industry is picking up steam as it races to meet new installation targets set by the Biden administration.
Equinor and BP have announced an agreement to turn the South Brooklyn Marine Terminal (SBMT) complex in Brooklyn, New York into a major regional hub for offshore wind.
As the United States finally gives the go-ahead for its first major offshore wind farm, regulatory certainty will be key to the success of the industry on the Eastern Seaboard, according to Wood Thilsted.
The energy transition will come in a variety of forms, but playing a critical role will be offshore wind, carbon capture utilisation and storage (CCUS), and hydrogen.
BP has started a recruitment campaign for the people who will drive its expanding clean energy ambitions.