France maps 10GW offshore wind vision

17/06/2019 11:07 Wind


French environment minister Francois de Rugy has outlined today how France intends to meet its new 10GW offshore wind target by 2028.

A 1GW fixed-bottom project to be built off Normandy will soon be open to public consultation, he said.


Tenders will also be launched in the near future for three 250MW floating offshore wind farms and an up to 1GW fixed-bottom development off the island of Oleron.


One 250MW floating project, comprising about 20 turbines, will be allocated to the south of Brittany in 2021, with the other two will be located in the Mediterranean in the Occitanie and PACA regions, De Rugy said.


Earlier this week, French Prime Minister Edouard Philippe told Parliament that Paris would seek 1GW a year of fixed or floating wind over the next 10 years, totalling 10GW.


Daily (15.07.2019): NBP spot surged by 4.7% on Friday, due to rising gas-for-power demand ahead of an expected 3-day hot spell

15/07/2019 10:29:00

Crude oil prices slightly rose on Friday, after a tropical storm in the Gulf of Mexico caused disruptions in the local production, while tensions between Iran and the West continued to mount. Consequently, Brent crude traded 0.3% higher at $66.72 a barrel. However, forecasts for a global oil supply glut from the International Energy Agency and OPEC limited the gains, with WTI futures remaining almost flat at $60.21 a barrel.


Masdar, Armenia sign MoU for 500 MW of wind, solar capacity

15/07/2019 08:29:00

Armenian National Interests Fund (ANIF) on Friday signed a memorandum of understanding (MOU) with Abu Dhabi Future Energy Company, better known as Masdar, for the development of 500 MW of renewable energy capacity.


Polskie LNG hits 1000 LNG tank trucks milestone at Swinoujscie

15/07/2019 08:27:00

Polish LNG terminal operator, Polskie LNG, said it has reached a milestone at the President Lech Kaczyński facility in Świnoujście.