Mitsubishi Corporation’s Pyxis Ocean is slated to be the first vessel fitted with BAR Technologies’ (BAR Tech) pioneering wind propulsion technology WindWings.The installation, anticipated for deployment at the beginning of 2023, comes as the next step in a collaboration launched in 2019 between Cargill and MC Shipping Ltd.
The Biden administration on Wednesday will hold a wind energy auction for two areas off the coast of North and South Carolina, its second such offering this year.The sale is part of the government's broad push to put wind turbines in federal waters along every U.S. coastline and comes on the heels of a record February wind auction off the coast of New York and New Jersey that drew $4.
The Biden administration on Wednesday identified new areas for potential offshore wind development off the coasts of Oregon and several central Atlantic states, its latest step toward bolstering the nascent U.S. industry.Offshore wind is a key pillar of President Joe Biden's plan to fight climate change by decarbonizing the U.S. power sector by 2035 and the entire economy by 2050.
The U.S. will hold a wind energy auction for two lease areas offshore the Carolinas on May 11, the U.S. Department of the Interior said Friday, as the Bureau of Ocean Energy Management (BOEM) has completed its environmental review.The lease areas cover 110,091 acres in the Carolina Long Bay area that, if developed, could result in at least 1.
The Bureau of Ocean Energy Management's (BOEM) New York Bight auction concluded February 26, 2022, a sale where six bidders committed to payments of close to $4.4B in total for the right to develop wind lease areas offshore New York and New Jersey.At least four of the leases have been secured by leading European offshore wind developers: Ocean Winds with GIG, RWE
The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has granted Construction and Operations Plan (COP) for the South Fork Wind, New York’s first offshore wind farm, Ørsted confirmed Thursday. This is the final decision needed from the agency to move the project toward the start of construction.
By mid-century, offshore wind will require ocean space which is equivalent to the landmass of Italy, and the industry will by then account for half of all the capex in the Blue Economy, according to DNV’s Ocean’s Future to 2050 report."The exponential growth of offshore wind power will be the main driver of a nine-fold increase in demand for ocean space by the middle of the century," DNV said.
After being very much on the margins of the offshore wind industry, floating offshore wind now appears to be ready to hit the mainstream. With gigawatt scale developments already on the horizon, what will the infrastructure needed to build and support them look like? Over the past 12 months, the floating offshore wind sector appears to have had a major dose of adrenaline.
Institutional investors advised by J.P. Morgan Global Alternatives, in cooperation with Norwegian offshore services firm Havfram, have signed a letter of intent with China's CIMC-Raffles to build "a series of next-generation, state-of-the-art wind turbine installation vessels (“WTIV”)."The jack-up installation units will be offered for market entry in 2024, Havfram said.
“30 by 30” is the rallying cry for all concerned with the burgeoning U.S. offshore wind business. In Spring 2021, the Secretaries of Energy, Interior and Commerce resolved to deploy 30 gigawatts (GW) of electricity generated from offshore turbines by 2030. Consultants McKinsey, in a recent article frame the value proposition for this clean fuel source
Saildrone Inc. and NOAA have released the first video footage gathered by an uncrewed surface vehicle (USV) from inside a major hurricane barreling across the Atlantic Ocean.The Saildrone Explorer SD 1045 was directed into the midst of Hurricane Sam, a category 4 hurricane. SD1045 is battling 50 ft.
The Biden administration is considering ways to ensure the U.S. commercial fishing industry is paid for any losses it incurs from the planned expansion of offshore wind power in the Atlantic Ocean, according to state and federal officials involved in the matter, [Reuters reported in an exclusive on Thursday.