Cape Wind will reduce wholesale electric prices for the New England region by $7.2 billion over 25 years, according to a new report published by Charles River Associates, a leading economic consulting firm. The report shows that ISO New England, the electric grid operator, first dispatches electric
Being known as one of the world’s biggest classification societies within the offshore and maritime sectors, DNV has also been a major player in the wind industry for over 25 years. After the recent acquisition of KEMA, the new company, DNV KEMA Energy & Sustainability, is today undoubtedly one of t
The Maryland House of Delegates passed the Maryland Offshore Wind Energy Act of 2012 (HB 441) with a 88 to 47 vote, a crucial step to bringing clean, offshore wind power to Maryland. The bill will soon come before the Senate Finance committee, where Chairman Mac Middleton is expected to bring it to
Following the NSTAR / Cape Wind long term Power Purchase Agreement with the Massachusetts Department of Public Utilities, the Cape Wind President Jim Gordon released the stetement : “Today’s filing of the Cape Wind/Nstar Power Purchase Agreement is about moving forward to deliver energy, environment
Rotor blades are the core of wind turbines. They determine the maximum of energy that can be harvested from the wind. Their full functionality and security against fatigue and degradation has to be designed and assured for a service life of at least twenty years. Meanwhile, keeping pace with the rap
LDD, an Acteon company providing near and offshore drilling and foundation services, announced that its custom-built LD5000 pile top reverse circulation drilling rig has been delivered to Birkenhead, UK, where LDD will use it to provide critical pile relief drilling for the installation of up to 160
Wave energy developer, Carnegie Wave Energy Limited, advises that it is in the final stages of negotiations over the location of its grid-connected, CETO commercial demonstration project. The Company will update the market more fully once negotiations are complete. The CETO system distinguishes itse
Korean engineering giant, Samsung Heavy Industries (SHI) after deciding to base its first offshore wind project at Methil in Fife, might increase its presence in Europe if it decides to open a research and development centre in Glasgow, The Herald Scotland informed. Namely, SHI confirmed to Nick Cle
Recently, BOW Terminal in Vlissingen, The Netherlands, has invested in the largest fixed heavy lift crane of Europe (Gottwald MK 1500 crane), with 1200 tons lifting capacity. The availability of this permanent heavy lift capacity makes this terminal a perfect location for offshore (wind) and heavy l
From the 28th to 30th of March, China Longyuan Electric Power Group Corporation attended “the 2nd China International Distributed Energy and Energy Storage Technology and Equipment Exposition and Forum”. Yang Haibin, deputy president and member of the Party Leadership Group of China Guodian Corporat
Inwind has signed up to meet Renewable UK’s Offshore Wind and Marine Energy Health and Safety Accord. Inwind supports every effort to improve the working conditions and safety levels in the offshore wind industry. The Renewable UK initiative is welcomed as a public statement of intent in adressing t
RenewableUK, the trade association for the wind, wave and tidal industry, has hailed the publication of new Government figures as a clear demonstration of the significant role wind power now plays in Britain’s energy mix. Wind power capacity increased by over a gigawatt in 2011, and output increased
Due to the fact that there are no wind turbines installed in the Great Lakes, the Obama administration, along with five states, has made a deal to speed up the approval process, according to the Associated Press. Inspite of the statement from the officials, saying that the quickening of the process
China Ming Yang Wind Power Group Limited (“Ming Yang” or the “Company”), a leading wind turbine manufacturer in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2011. Fourth Quarter 2011 Financial Highlights: Total wind turbine generators