Ørsted installs ‘world’s first offshore Reactive Compensation Station’

It will allow electricity transmission through much longer cables than would otherwise be possible

New York State advances bill to prohibit offshore drilling

It aims to be excluded from the Trump administration’s plan to expand offshore drilling in the Atlantic and Pacific oceans

Offshore firms sign cable protection deal

Balmoral Offshore Engineering says the move will boost expansion into the offshore renewables market

Futuristic offshore wind tech to hit the UK’s shores

The offshore wind industry could feature futuristic technologies like drone motherships, robots and 40-rotor turbines by 2050. That’s according to the Offshore Renewable Energy (ORE) Catapult, which predicts offshore wind could become the backbone of the UK’s energy mix within 12 years, potentially meeting around a third of the UK’s electricity demand . It suggests […]

Dutch consortium plans first ‘offshore’ floating solar plant

Research into developing the first “offshore” floating solar power plant in the Netherlands has been launched. A consortium which includes Oceans of Energy, Energy Research Centre of the Netherlands, TNO, TAQA and the Maritime Research Institute Netherlands is working with Ultrecht University for the three-year project. The university is conducting a study into the energy […]

US opens up majority of its coast for oil drilling

The US has announced plans to open up nearly the entirety of its coast for oil and gas drilling. Ryan Zinke, the Secretary of the Interior for the Trump Administration, said a new leasing programme running from 2019 to 2024 would include several areas of the Arctic, Atlantic and Pacific oceans that have previously been […]

Deep sea wind power ‘offers triple that found onshore’

Wind energy over deep oceans could offer three times as much power as is available from onshore projects of the same size. That’s according to new research published in the Proceedings of the National Academy of Sciences (PNAS), which suggests there is so much wind energy potential over oceans it could theoretically be used to generate […]

UK and China to develop offshore renewable tech

Researchers from the UK and China are to develop the next generation of offshore renewable energy (ORE) technologies. They will collaborate on five projects using environmental science and engineering to tackle key challenges affecting the development of ORE systems. That includes offshore wind, wave and tidal facilities. The projects will determine where the best energy […]

Wind operations and maintenance market ‘to double by 2025’

The global wind operations and maintenance (O&M) market is forecast to double to around $27.4 billion (£21.7bn) by 2025. That’s according to research and consulting firm GlobalData, which says the predicted compound annual growth rate of 8% from $13.7 billion (£10.8bn) will be driven primarily by ageing turbines and the replacement and repair of parts such as blades and gearboxes. […]

European wind investments rose to €43bn last year

European investment in wind power rose to €43 billion (£36.3bn) in 2016. That’s according to a new report from WindEurope, which shows the money spent on new construction, refinancing and acquisitions was up 22% from €35 billion (£29.5bn) in 2015. New asset finance reached €27.6 billion (£23.3bn) in 2016 with a record breaking €18.2bn (£15.3bn) in offshore wind. Onshore wind investments dropped […]