Latest news
UK warned of potential £450bn loss due to energy policy uncertainty
Offshore Energies UK (OEUK) warns of a potential £450 billion loss in the domestic offshore energy market by 2040 without stable policies and competitive taxes.
read more... 27/03/2024
German wind power sector welcomes government offshore terminal funding
The German Offshore Wind Energy Foundation said the government's decision to help fund the expansion of an offshore terminal is important to achieve expansion goals for wind energy at sea.
read more... 25/03/2024
Norway holds inaugural offshore wind auction amid uncertainty over bids
Norway holds its first auction on Monday for the right to build a commercial offshore wind farm, offering up to 1.5 gigawatt (GW) of capacity, although interest has ebbed amid high project costs and there is still a risk of no bids being made.
read more... 18/03/2024
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UK offers cash bonuses for green wind investments
The UK Government plans to encourage offshore wind companies to cut their carbon footprint by providing extra payments in Allocation Round 7 of the Contracts for Difference scheme, scheduled to launch in 2025
read more... 15/03/2024
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UK launches 4.5GW Celtic Sea floating wind lease auction
The UK’s Crown Estate has formally launched the Celtic Sea floating offshore wind leasing round to award leases for 4.5GW of generation capacity.
read more... 04/03/2024