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UK's SSEN to invest 10 billion pounds in electricity networks
Scottish and Southern Energy Networks (SSEN) Transmission will invest 10 billion pounds ($12.5 billion) in networks in Scotland which will enable the connection of up to 11 gigawatts of offshore wind projects, it said on Tuesday.
read more... 14/06/2023
UK offshore wind capacity needs to increase by 265% to meet 2030 targets
The UK’s offshore wind capacity will need to increase by 265% to meet government targets. The UK Government seeks to grow offshore wind capacity from 13.7GW to 50GW by 2030.
read more... 13/06/2023
Orsted, ESB forge 5GW Irish offshore alliance
Irish utility ESB and Orsted have signed an agreement to jointly develop an Irish offshore wind portfolio in a landmark deal.
read more... 05/06/2023
Portugal's first offshore wind auction aims for more than 1 GW
Portugal's first auction of licenses to build offshore wind farms, set to be launched by year-end, is aimed for projects with a total installed capacity of more than 1 gigawatt (GW), Energy Secretary Ana Fontoura said on Tuesday.
read more... 31/05/2023
Germany to earmark 4 bln euros annually for power subsidy - economy minister
Germany plans to earmark around 4 billion euros ($4.40 billion) annually to subsidize electricity prices for energy-intensive industries, to support an industrial move away from fossil fuels and discourage firms from moving offshore.
read more... 23/05/2023