Dalby Offshore Services and Scarborough Borough Council formally agreed Heads of Terms for the long term lease on Endeavour Wharf, Whitby at the meeting of the Council’s Cabinet on the 17th March 2015. The lease proposals are for the creation of an offshore renewables business management and harbour
Lamprell, a provider of diversified engineering and contracting services to the onshore and offshore energy industry released financial results for 2014. According to the company, this was a record-breaking year with a net profit reaching USD 118 million, up 224% compared to the year before. The gro
Following the announcement of Nordsee One project reaching financial close, SgurrEnergy presented its role in the Nordsee One offshore wind farm to financial close, providing technical advisory services to a consortium of international commercial lenders involved in the non-recourse financing. The 3
ABB has won orders worth around $900 million from a consortium comprising utilities Statnett and TenneT as well as promotional bank KfW to supply onshore high-voltage direct current (HVDC) converter stations and the cable system in the German sector that will facilitate the first ever interconnectio
The UK Government’s Department of Energy and Climate Change (DECC) has released a rebuttal of the report by the Centre for Policy Studies, issued yesterday. The DECC stated the following: “The report today by the Centre for Policy Studies ignores the reality of the energy market. It wrongly suggests
A new report, published by the UK Centre for Policy Studies, claims that renewable energy policy is the most expensive domestic policy disaster in modern British history. Read the official press release below: In a new report Central Planning with Market Features: how renewable subsidies destroyed t
DemoWind, the Offshore Wind European Research Area Network (ERA-NET) Cofund, funded by the European Union’s Horizon 2020 programme, launched a Joint Call 2015 on 25th February 2015. DemoWind offers the opportunity for project consortia to participate in its first Joint Call this year for collaborati
Over 8000 delegates from 54 countries descended on Copenhagen this year to attend the EWEA OFFSHORE 2015 event at the Bella Center – the world’s largest offshore wind energy conference and exhibition. In addition to 430+ exhibitors, the event saw keynote speeches from high-level political and indust
The woman behind numerous initiatives to support people gaining the right skills for today’s energy industry is leaving her job for a new energy role. Celia Anderson is leaving East of England Energy Group (EEEGR), the Great Yarmouth-based industry association that represents more than 400 members a
For the UK renewable energy sector, the most significant part of today’s Budget speech was the announcement by the Chancellor George Osborne that the Government is opening talks with Tidal Lagoon Power on providing financial support for the Swansea Bay Tidal Lagoon project. RenewableUK’s Wave and Ti
The Welsh Liberal Democrats have welcomed reports that plans for the world’s first tidal lagoon based in Swansea Bay were unveiled in the Budget today. Jenny Willott, Welsh Lib Dem MP for Cardiff Central, said: “This is fantastic news for anyone who believes in green energy. The Liberal Democrats re
Global expenditure for wind turbine Operations and Maintenance (O&M) will rise from $9.25 billion in 2014 to an estimated $17 billion by 2020, driven by increasing numbers of installations and aging turbines, according to research and consulting firm GlobalData. The company’s latest report states th
The Government is moving to the first phase of commercial negotiations on a Contract for Difference with the developer of a proposed tidal lagoon at Swansea Bay. Tidal Lagoon Power will be offered the chance to discuss subsidies for the project. The proposed six-mile horseshoe shaped sea wall scheme
In remarks at the U.S. Center for Strategic and International Studies (CSIS), Secretary of the Interior Sally Jewell laid out the Department’s priorities for strengthening the nation’s economy with a balanced, prosperous energy future over the next two years. Read the highlights of the speech: Our e
