Polish govt agrees offshore wind cooperation with sector players

03/07/2020 09:34 Wind

news

The government of Poland and representatives of the offshore wind industry have entered into a letter of intent that outlines their future cooperation in the development of the particular sector.

The signatories of this letter have agreed to collaborate on the development of the Polish offshore wind market and have committed to meet regularly to discuss their progress.

 

“With this joint ‘Letter of Intent’ Polish government and industry send a strong sign to investors and markets - that they want lots of offshore wind too and are putting in place a regulatory framework to support it,” commented Giles Dickson, CEO of industry body WindEurope.

 

Poland targets having 3.8 GW of installed offshore wind capacity by the end of the decade and ultimately reach 28 GW by 2050. The government is expected to launch its first “Offshore Wind Act” later this year.

 

Examples of local offshore wind developments come from Polish power group PGE Polska Grupa Energetyczna SA and Polenergia SA, which is partnering with Norway’s Equinor ASA . Earlier this month, Spanish power utility Iberdrola SA and Polish sector player Enea SA signed a letter of intent to jointly develop up to 3.3 GW in the Baltic Sea.

Source: renewablesnow.com 

Plans unveiled for €1.6bn gigafactory in France to supercharge growing battery demand

31/07/2020 09:18:00

Production in the gigafactory is scheduled to begin in 2023 with a capacity of 16GWh of battery cells which will later increase to 50GWh

<READ MORE

Daily (30.07.2020): European CO2 prices rebounded by nearly 2% on Wednesday tracking a stronger auction in Poland.

30/07/2020 13:19:00

Crude oil prices inched higher on Wednesday, following an unexpected drop in US crude inventories. Consequently, Brent crude rose by 1.2% to $43.75 a barrel, while WTI futures increased by 0.6% to $41.27 a barrel.

READ MORE

Eneco, Shell win Dutch offshore wind tender with 759-MW project

30/07/2020 10:56:00

A joint venture between Dutch utility Eneco and oil and gas major Royal Dutch Shell Plc has won the tender for the third zero-subsidy offshore wind farm in the Dutch North Sea, to be built in the Hollandse Kust Noord zone.

READ MORE