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Dong Energy to quadruple its offshore wind capacity by 2020

Dong Energy is aiming to have installed 6.5GW of operating offshore wind capacity in north-west Europe by the end of the decade, with an intermediate target of 3.5GW by end-2016. Dong has publicly adopted an unprecedented target of reducing its offshore wind cost of energy to €100/MW by 2020. This would correspond to at least 47% less than Germany's current feed-in tariff for offshore wind generation, which is set at EUR 190/kWh. The new 2020 benchmark target for offshore wind is to quadruple installed offshore wind capacity from its currently 1.7GW to 6.5GW in 2020.

read more... 28/02/2013

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EU to get its first oil and gas law

The EU proposed on Thursday its first law to regulate safety in offshore oil and gas drilling which aims to ensure that world's highest safety, health and environmental standards are implemented across the EU, in order to prevent any repeat of BP's catastrophic Gulf of Mexico spill.

read more... 25/02/2013

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UK to give the green light to 28 new oil and gas projects

UK is expecting to give the green light for the exploration of 28 new oil and natural gas projects offshore in 2013, amid the increased untapped resources in the North Sea, declared British Energy Secretary Ed Davey.

read more... 01/02/2013

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Germany installed 2.4GW new wind power capacity in 2012

Last year Germany installed about 2.4 GW of new wind power capacity with the nation reaching a total capacity of 31.3GW. Germany is investing in clean energy as it intends to phase-out nuclear power. It plans also to build offshore wind farms covering an area as much as six times the size of New York City and increase the renewable-energy production to about 40 %of total power production by 2020, in comparison to about 25%of now.

read more... 31/01/2013

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EWEA: The European offshore wind installations at record levels in 2012

The European Wind Energy Association has recently released a new report according to which EU offshore wind energy sector is growing considerably, with 2012 being one of the most successful years in terms of wind power.

read more... 30/01/2013

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