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€400bn needed for offshore grids by 2050
Europe’s first-ever Offshore Network Development Plan, published on Tuesday (23 January), highlights the huge investment needed to connect offshore wind farms to final consumers, with an estimated 54,000 kilometres of transmission assets expected to be built in European waters by 2050 – almost 1.5 times the equator’s length.
read more... 25/01/2024
Norway's Statkraft to invest up to $6.6 bln in hydro, wind power
Norway's state-owned renewable power producer Statkraft on Monday said it plans to invest up to 6 billion euros ($6.56 billion) to upgrade its domestic hydro and wind power facilities and to build new onshore wind farms.
read more... 09/01/2024
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Crown Estate sets out details for 4.5GW of new floating wind farms
The Crown Estate has set out further details of a new leasing round for three commercial-scale floating wind farms in the Celtic Sea.
read more... 08/12/2023
Poland to ease wind farm rules, freeze energy prices
Poland's incoming government has submitted a draft law to the country's parliament to freeze energy prices in the first half of 2024 and liberalize rules to build wind farms.
read more... 30/11/2023
Crown explores additional offshore wind capacity
The Crown Estate has initiated steps to potentially unlock an additional 4GW of green electricity from several offshore wind farm projects currently in development.
read more... 13/11/2023