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.

Daily (09.01.2019): German spot power contract was 15.9% higher on Tuesday on low wind output

09/01/2019 11:48:00

The strong upward evolution in oil prices on Tuesday was caused mainly by OPEC-led crude production cuts. The bullish trend was also backed by signs of progress in U.S.-China trade talks. Officials of the world’s two biggest economies expressed optimism on resolving the dispute. Brent crude soared by 2.4% to $58.72 a barrel, while WTI crude jumped by 2.6% to $49.78 a barrel.


Renewables power in German public supply tops 40% in 2018

09/01/2019 09:16:00

Renewables were responsible for 40.4% of Germany’s net electricity production on the public grid last year and ranked as the second largest power generation source, a new report shows.


BP approves $1.3bn expansion of Atlantis oil field in Gulf of Mexico

09/01/2019 09:10:00

BP has approved the $1.3bn phase 3 development of the Atlantis oil field located in deepwater Gulf of Mexico, offshore US.