German onshore wind capacity set to post 10-year high

18/12/2013 10:26 Renewable


Germany‘s onshore wind capacity added more onshore wind new capacity to the grid in the last twelve months than in any single year since 2003, according to estimates by the Fraunhofer institute (IWES) recently released.

About 2.5 GW of new onshore wind capacity was commissioned in 2013, compared with 2.3 GW in 2012 and 2.7 GW in 2003. On top of that, turbine installation at the 400MW Bard Offshore 1 wind farm, and the 108MW Riffgat offshore plant were achieved this year, although Riffgat hasn’t been grid-connected yet. Further turbines have been built at the Borkum West and Dan Tysk offshore farms. Despite these figures, 2013 was a relatively weak wind year, with electricity generation from onshore and offshore wind expected to hit each about 46 TWh in 2013, below 50.7 TWh in2012 and 48.9 TWh in 2011. Uncertainty over the future of Germany's renewables' support scheme is urging developers to get onshore wind online before potential cuts in payment will hit them.

Equinor increases stake in Gulf of Mexico oilfield

14/05/2019 08:47:00

Norwegian oil company Equinor has increased its stake in the Caesar Tonga oilfield in the U.S. Gulf of Mexico by buying Royal Dutch Shell’s 22.45% stake for $965 million in cash.


Vestas wins 459MW wind turbine order from PacifiCorp

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Danish wind turbine-maker Vestas has secured an order from PacifiCorp to supply 459MW turbines for two wind farms to be located in Wyoming.


Daily (13.05.2019): EU carbon prices fell by 3.4% on Friday, amidst bearish technical indicators and weak auction demand

13/05/2019 11:07:00

Increased hopes for a trade deal between US and China pushed Brent crude price 0.3% higher to $70.62 a barrel on Friday. However, WTI futures was almost constant at $61.66 a barrel.