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Blade collapse, New York launch and New Jersey research show uneven progress of offshore wind - The Caledonian-Record

RWE has been granted a feasibility licence from the Australian government for the development of an offshore wind farm close to the Kent Group islands in the Bass Strait, off the Gippsland coast in the state of Victoria. This area is Australias first designated offshore wind zone.

This licence approval grants RWE, a key global player in renewable energy, an exclusive seven-year seabed right to develop the Kent offshore wind farm project. The approval also allows RWE to apply for a commercial licence to build and operate the wind farm for up to 40 years.

The lease area awarded to RWE has the potential to host a wind farm with up to 2 GW of capacity, enough to power up to 1.6 million Australian homes with green electricity. The site is about 67 km off the coast and has average water depths of 59 m. The wind farm is expected to become operational in the first half of the 2030s, subject to the timing of the planning and approvals process, secured offtake, as well as grid connection.

Sven Utermhlen, CEO of RWE Offshore Wind, said: Australia is a very attractive growth market for renewable energy. RWE has been active in the country for 10 years and operates one of Australias largest solar farms. By securing exclusive seabed rights in the Bass Strait off Gippsland, we are now entering the Australian offshore wind market and will bring our more than 20 years of experience in this field. With the Kent project, we will work on developing one of the first offshore wind farms off the Australian coast. This is in line with our strategy to grow our renewables portfolio in Australia and the wider APAC region.

The next step for RWE in the further development of this early-stage project is to carry out studies to help determine the project design and to submit applications for planning permission. RWE will also engage with key stakeholders, First Nations groups and other communities. Another key milestone in the projects development at a later stage is to secure an offtake agreement.

The Summer 2024 issue of Energy Global starts with a guest comment from Terrawatt on the streamlining of the permitting process in Italy, before moving on to a regional report from Frost & Sullivan on the energy landscape in Asia Pacific. This issue looks at key topics such as wind installation vessels, offshore wind turbine foundations, weather analysis, solar maintenance, and more!

Read the article online at: https://www.energyglobal.com/wind/17072024/rwe-secures-first-offshore-wind-site-in-australia-with-capacity-of-up-to-2-gw/

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RWE secures first offshore wind site in Australia with capacity of up to 2 GW - Energy Global

In the 17 July 2024 speech, King Charles said, My government recognises the urgency of the global climate challenge and the new job opportunities that can come from leading the development of the technologies of the future. It is committed to a clean energy transition which will lower energy bills for consumers over time.

A Bill will be introduced to set up Great British Energy, a publicly owned clean power company headquartered in Scotland, which will help accelerate investment in renewable energy such as offshore wind. Legislation will be brought forward to help the country achieve energy independence and unlock investment in energy infrastructure.

The government said a Great British Energy Bill will be introduced to set up Great British Energy, which will own, manage and operate clean power projects, investing in partnership with the private sector. It will have a capitalisation of 8.3Bn (US$10.8Bn) of new money over the Parliament.

The Bill gives the Secretary of State the ability to provide Great British Energy with the financial backing needed for it to meet its aims and ambitions. The Secretary of State will be required to prepare a strategic priorities statement for Great British Energy, to ensure it focuses its efforts on government priorities.

The Bill will also modernise The Crown Estate by removing outdated restrictions on its activities, widening its investment powers and giving it the powers to borrow in order to invest at a faster pace. These measures - which conform to our fiscal rules - will unlock significant investment in public infrastructure for the benefit of the nation, said the government in a background brief on the Kings Speech, and unlock investment needed to accelerate and quadruple offshore wind capacity by 2030 as part of the governments clean power mission.

The content of the speech was welcomed by Renewable UK. Commenting on the measures announced in it, RenewableUK executive director of policy Ana Musat said, The Kings Speech provides a range of welcome measures that are essential for accelerating the energy transition and generating economic growth. It is particularly welcome to see the announcement of a Planning and Infrastructure Bill, to ensure that essential infrastructure can be deployed without delay.

Setting up Great British Energy to mobilise investment into renewables and support engagement with local communities will also play an important role in helping us meet our deployment targets. Ensuring this institution works well alongside the National Wealth Fund and other financial institutions will be essential to enable the private sector to mobilise the finance required to deliver the energy transition: in offshore wind alone, 100Bn of private investment will be needed to deliver Labours target of 60 GW by 2030.

We look forward to working with the government to ensure the mandate of GB Energy accelerates deployment of key technologies, including onshore wind, floating offshore wind and long-duration energy storage, guided by an industrial strategy and a strong partnership between business and government. Getting that framework right so that we can secure the maximum amount of private capital is essential to realise the governments ambition to transform the UK into a clean energy superpower.

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News Content Hub - Kings Speech specifically references investment in offshore wind - Riviera Maritime Media

Saudi Arabia has seen its International Monetary Fund growth projections downgraded, in a move that reflects the oil-producing giants recent decision to reduce output.

The kingdoms gross domestic product will rise by 1.7% in 2024, a sizeable fall from the global organisations April estimate of 2.6%. The fund estimates global GDP to rise by 3.2% in 2024.

The Saudi government recently pushed through production cuts for OPEC and OPEC+ members, reducing crude output in 2023 to maintain what it sees as an acceptable oil price. The cuts will continue for some months.

The fund, which tries to push sustainable economic growth, also lowered Saudi Arabias projection for next year to 4.7%, from the figure of 6% previously published.

However, Saudi Arabias economy, as part of a deliberate policy of diversification, is becoming less reliant on oil production for its revenue.

The kingdoms Ministry of Economy and Planning recently revealed that non-oil revenues hit 50% of the kingdoms GDP in 2023.

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The country raised more than $12bn (SR45bn) a few weeks ago, from selling additional shares in state-owned Aramco, after the offering was increased for the energy giant.

The company, one of the most valuable in the world, raised $1bn more than expected from the stake sale.

The revenue will likely go towards helping Saudi Arabia diversify its economy away from oil and gas production under the kingdoms Vision 2030 plan.

The decision to downgrade was entirely down to the production cuts, said a senior IMF representative at a press conference on Tuesday.

Saudi Arabia remains the worlds biggest petroleum exporter, but lowered its output to nine million barrels a day (mmbl/d) last year.

But, it seemingly kept hold of some of its oil in June, with sea-based exports dropping substantially. It contributed to a global reduction in seaborne oil movements of just over one million barrels a day, the biggest monthly drop of the year.

The nation, which holds around 17% of the worlds proven crude oil reserves, accounted for around half of the decline, reported Bloomberg, after assessing ship-tracking data.

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Saudi oil cut prompts IMF to downgrade kingdoms growth projections - Offshore Technology

(WO) Reuters has reported that ExxonMobil is planning a potential 30-well drilling campaign for its seventh oil and gas project offshore Guyana, named Hammerhead.

ExxonMobil's Liza Destiny

Hammerhead aims to start production in 2029, boosting Guyana's oil production capacity to over 1.4 MMbpd.

Exxon, along with partners Hess Corp and China's CNOOC, expects Hammerhead to produce between 120,000 and 180,000 bpd, which is less than the 250,000 bpd from its largest vessels offshore Guyana.

The project will include a floating production unit, converted from a Very Large Crude Carrier (VLCC), capable of storing 1.4 to 2 MMboe. This unit will be located 15 km (9 miles) southwest of Exxon's Liza Destiny vessel.

According to ExxonMobils website, Hammerhead was discovered in August 2018. Hammerhead is ExxonMobils ninth oil discovery in the prolific Stabroek Block offshore Guyana.

This story was originally reported by Reuters.

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BREAKING NEWS: ExxonMobil unveils 30-well drilling campaign for seventh oil and gas project offshore Guyana - WorldOil

France has announced a significant increase in its investment in offshore wind power for 2024. The government plans to triple current installed capacity from 3.6 GW to 12 GW by 2030. This effort is an essential part of the national energy strategy aimed at diversifying energy sources and reducing dependence on fossil fuels.

To achieve this objective, public and private investments of over 10 billion euros are planned. Recent invitations to tender for the construction of new offshore wind farms target strategic areas, notably off the coasts of Normandy and Brittany. These regions offer strong wind potential, which is crucial for maximizing energy production. The French government has already awarded several contracts to major companies in the sector, including Siemens Gamesa and General Electric, for the supply and installation of the turbines. These companies are chosen for their technological expertise and their ability to provide robust, reliable solutions adapted to maritime conditions.

The expansion of offshore wind power in France will play a key role in the evolution of the energy market. By increasing its production of renewable energy, France aims to reduce its imports of fossil fuels and stabilize energy costs over the long term. In addition, the increase in installed capacity should enable France to strengthen its position in the European energy market, by becoming a net exporter of renewable electricity. Current and future offshore wind projects should also have an impact on electricity prices, with a possible reduction in costs for consumers thanks to increased and more stable production.

However, this expansion is not without its challenges. Financing these projects requires considerable capital mobilization and close coordination between the public and private sectors. Whats more, integrating this new capacity into the national grid will require significant improvements to transmission infrastructure. Despite these challenges, opportunities abound. Increased offshore wind capacity could boost the local economy, particularly in the regions where the wind farms are built, by creating jobs and attracting additional investment. France is making major strategic investments in offshore wind power, with ambitious targets for 2030. These investments should strengthen the countrys position in the renewable energy market and deliver substantial economic and energy benefits. The success of this initiative will depend on the countrys ability to overcome financial and infrastructural challenges, while capitalizing on the opportunities offered by this energy transition.

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France to invest massively in offshore wind power by 2024 - Energynews

Macquarie Asset Management is to gain full ownership of the Lynn and Inner Dowsing offshore wind farms in the UK by acquiring the remaining 39.25% stake currently held by BlackRock.

The 194MW Lynn and Inner Dowsing, located off the coast of Lincolnshire, have been operational since 2009.

Macquarie GIG Renewable Energy Fund 1 acquired its 60.75% stake in Lynn and Inner Dowsing in2016 as part of a consortium.The deal at the time involvedCentrica and EIG Global Energy Partnerssellingthe Glens of Foudland, Lynn and Inner Dowsing wind farms to the consortium which included funds managed by BlackRock, for an enterprise value of 423m (504m).

Macquarie said it intends to buy the additional stake through the Macquarie GIG Renewable Energy Fund 2 and a Macquarie Asset ManagementPrivate Wealth Fund. Financial details were undisclosed.

Jonathan Duffy, managing director at MAM Green Investments at Macquarie, said: Delivered as part of the renewables obligation scheme, Lynn and Inner Dowsing helped lay the groundwork for the UKs leadershippositions today in the energy transition and offshore wind sectors.

Ensuring the successful operation ofthese projects into the future, alongside the continued scaling-up of offshore wind capacity, will be key tomeeting the UKs energy security ambitions and we are proud to be supporting this journey.

To read the latestIPE Real Assets magazineclickhere.

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Macquarie takes full control of Lynn and Inner Dowsing UK offshore windfarms - IPE Real Assets

Countries active in the offshore wind industry continue to consider steps to counter Chinas dominance of the sector. The latest to announce a move is South Korea, where officials recently announced they may work with a global offshore wind industry group in order to better compete with China.

Officials have said joining the Global Offshore Wind Alliance (GOWA), perhaps as soon as this year, would help South Korean companies increase their presence in the offshore wind equipment manufacturing market. Reports on July 7 said Koreas Ministry of Trade, Industry and Energy is scheduled to sign on with the GOWA in the second half of 2024. The GOWA, founded by Denmark, the International Renewable Energy Agency (IRENA), and the Global Wind Energy Council (GWEC), was formed in November 2022 during the COP27 conference in Egypt.

GOWA has 20 member states, including the U.S., the European Commission, and the UK. Among the groups missions is to counter Chinas dominance in offshore wind through supporting domestic equipment production and providing subsidies to local companies.

China continues to pace the worlds offshore wind power industry, with installations of 18-MW turbines at two different sites during June. One project is in northeast China, in Liaoning Province, where testing began June 30 on turbines installed there. The power from that site will be used to serve Yingkou City. State-owned power generator Dongfang Electric Corp. on June 5 announced it completed installation of similar turbines at a coastal test base in Shantou, in Guangdong Province.

The 18-MW turbines are to date the worlds largest by power rating to enter service. The turbines have a 260-meter, or 853-foot, rotor diameter, and a swept area of 53,000 square meters, or 570,487 square feet. Officials said the turbines are expected to generate 72 GWh of electricity annually.

Envision Energy in June announced it had connected its EN-256/16.7 prototype to the power grid in Sheyang, China, which was briefly the worlds largest to produce power. The first EN-256/16.7 unit rolled off the production line at the Sheyang Zero Carbon Industrial Park in January of this year.

China accounts for about half of the worlds installed offshore wind power generation capacity, with the country ranking first globally for at least the past four years. Chinese manufacturers continue to design larger turbines, rapidly increasing the technologys size after China Three Gorges Corp. brought the first 16-MW offshore wind turbine online in July 2023.

Mingyang, headquartered in Zhongshan, Guangdong, China, in December of last year said it was designing a turbine that could offer as much as 20 MW of power, with a rotor diameter of as much as 958 feet, and a swept area equivalent to the size of nine soccer fields. Luxcara, a German-based renewable energy asset manager, recently announced it has signed a preferred turbine supplier agreement with Mingyang for Waterkant, an offshore wind farm sited in the North Sea. Reports said the agreement is for 16 of Mingyangs turbines, each with up to 18.5 MW of generation capacity.

Luxcara said it launched an international tender for Waterkants equipment late last year. The company in its selection announcement said it chose Mingyangs turbines after an extensive due diligence exercise, covering the supply chain, ESG [environmental, social, governance] compliance aligned with the EU [European Union] taxonomy, and cybersecurity supported by independent experts from renowned international advisers.

Germany also is a GOWA member, and German officials have said they will look at the security and competition aspects of the Waterkant project using Chinese-made turbines. A spokesperson for Germanys economy ministry told Reuters, The federal government will look at this decision very closely. On the one hand, in relation to the question of critical infrastructure. On the other hand, the level playing field must be maintained in relation to competition.

WindEurope, the European wind power industrys lobbying group, also called for the deal to be scrutinized, saying in a statement: Germany and the European Union must consider whether they see wind energy as a strategic sector before it is too late.

A Korean government official said the decision to join GOWA makes sense, because Korea has all the value chains for offshore wind power plants. We are expected to benefit the most from the U.S. and Europes moves to exclude Chinese products.

Paul DeCotis, senior partner at consultancy West Monroe, told POWER: Membership in GOWA will help member countries accelerate interest in, and development of, offshore wind resources. By facilitating information and knowledge transfer and lessons learned among the member countries GOWA is providing foundational support for joint ventures, agreements to share and mitigate risks, and ensure responsible development with sustainability and ecosystem stewardship in mind.

DeCotis continued: Understanding supply chain constraints and materials sourcing and having greater visibility into geopolitical risks to meet offshore wind demands will expedite development.

Four Chinese companies, including Mingyang, are among the worlds five largest original equipment manufacturers of offshore wind equipment, according to the Global Wind Energy Council (GWEC). The GWEC said recently that China increased its global share of the new wind turbine market to 65% in 2023, up from 53% in 2021. The group said that figure is probably closer to 70% when equipment such as foundations and towers is included.

South Korea was asked to be an original member of GOWA, but declined over concerns that some Korean companies would then be excluded from the Chinese market. Officials, though, have said they are reconsidering as more China-based companies are doing business in South Korea. Vensys Energy AG, owned by China-headquartered Goldwind, is set to supply all 64 turbines for a 365-GW South Korean offshore wind farm currently under construction. Heongtong Group, the largest power and fiber optic cable manufacturer in China, has been chosen to provide the submarine cables for the wind farm. South Korean officials also have said concerns about an escalating trade war between the U.S. and China support joining GOWA.

The Korea Economic Daily reported that an industry source in South Korea said, GOWA indicates the global wind power market will be divided to reduce Chinese influence. The governments decision to join the alliance signals Koreas breakup with the Chinese market. Officials in Korea also think it would attract more equipment manufacturers to that country, noting that Danish wind turbine maker Vestas Wind Systems A/S, a private member of GOWA, relocated its Asia-Pacific headquarters from Singapore to Korea in September of 2023.

Choi Deok-hwan, head of international cooperation at the Korea Wind Energy Industry Association, told the Korea Economic Daily, Through GOWA, cooperation will be elevated to a national level from a corporate level. Opportunities for large deals will increase.

Darrell Proctor is a senior associate editor for POWER (@POWERmagazine).

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Offshore Wind Group Looks to Challenge Chinas Dominance of Sector - POWER magazine

The analysis also suggests that the year-on-year variability of offshore wind is expected to be much lower than hydro output in much of the country. As such, if deployed at scale then offshore wind could serve as an energy hedge against unusually dry years such as those observed in the past decade.

The report notes that offshore wind is currently one of the mostcost-competitive sources of new generation in developed markets such as Europe and China, but that in new markets, such as Brazil, the initial cost of the first projects is expected to be significantly higher.

Analysis in the report suggests that with high volume targets and appropriate conditions, the cost of offshore wind could fall from US$64/MWh for the first projects roughly 50% higher than onshore wind and solar to US$52-US$40 per MWh by 2050, at which point it would be competitive with conventional forms of generation. This situation is not dissimilar to the historic case of onshore wind in Brazil.

The report also notes that Brazil has announced ambitious targets for the production of green hydrogen, with a focus on major ports such as Pecm and Au that may serve both domestic and international markets by creating hydrogen hubs.

To be eligible to participate in and be competitive with international green hydrogen markets, Brazil will require a substantial buildout of renewable power, particularly in the face of flat hydro capacity and limitations in onshore wind and solar expansion. Analysis in the report suggests that if Brazil wants to satisfy 5% of global green hydrogen demand by 2050, it would require close to 100 GW of new renewables, and offshore wind could satisfy a significant portion of this demand, particularly if built near designated GH2 hubs.

The report finds that Brazils offshore wind energy potential exceeds 1,200 GW, with 480 GW from fixed foundations and 748 GW from floating foundations and that this abundant resource, strategically located near demand centres, positions offshore wind as a pivotal player in Brazils future energy landscape. It provides a vision for a future under three different Growth Scenarios: a Base Case of 16 GW by 2050, representing 3% of Brazils generation capacity; Intermediate, 32 GW by 2050, accounting for 6% of the total generation capacity; and Ambitious, 96 GW by 2050, comprising nearly 20% of the generation mix.

DNV says whatever course policymakers and stakeholders choose to chart, they must act swiftly to capitalise on current interest, particularly amid waning investor enthusiasm for emerging markets. It notes that updates in transmission networks, port infrastructure and manufacturing capabilities, along with environmental and social sensitivity mapping all prerequisites for offshore wind development have lengthy timelines, and providing a clear market entry pathway, including seabed exclusivity and offtake arrangements in initial offshore wind auctions, is essential.

DNV executive vice-president and regional director Latin America energy systems Santiago Blanco said, This report highlights the immense potential of offshore wind in Brazil and provides guidelines for its development. The countrys choice to embrace offshore wind hinges on balancing energy demands, climate goals, and economic growth. Our research offers insights, not directives, outlining the challenges and opportunities to inform strategic decisions.

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News Content Hub - World Bank, DNV say offshore wind could be Brazils next hydro - Riviera Maritime Media

The Department of Land Conservation and Development (DLCD) will be hosting a series of community meetings along the Oregon coast related to a proposal by the Bureau of Ocean Energy Management (BOEM) to lease areas of the ocean off Oregons coast to explore possibilities for wind energy development.

The proposed BOEM leases would authorize companies to study the areas off Oregons coast for potential offshore wind energy development projects. After obtaining leases, companies would perform activities in the ocean that may include placement of scientific buoys and collection of data about seafloor conditions, ocean habitats, and wildlife.

BOEMs proposed leasing action is not a proposal to permit the construction of an offshore wind project. A BOEM decision whether to approve a Construction and Operations Plan for a wind energy facility would be subject to a separate federal consistency review by the state, after some years of additional site assessment and project design.

As part of the states federal consistency review authority under the Coastal Zone Management Act, DLCDs Oregon Coastal Management Program (OCMP) staff will review the proposed BOEM actions for consistency with current, enforceable Oregon coastal zone policies. The result of this review would be either to agree with BOEMs proposed leasing actions, agree with conditions, or object to BOEMs proposed actions. Enforceable policies in the coastal zone are existing state and local policies that have been approved by the NOAA Office for Coastal Management for use in federal consistency reviews, consistent with national Coastal Zone Management standards.

During the community meetings, OCMP staff will provide information about the proposed activities that are being reviewed and the applicable state policies and

authorities related to a consistency review. Community members are encouraged to provide comments on the consistency review during the 45-day comment period, which ends on June 15, 2024.

The community meetings will be an opportunity to provide comments in person which will be recorded by OCMP staff. The meeting program is as follows:

Presentations 6:00 p.m.

Public Comment 6:30 p.m.

Next Steps and Adjourn 8:00 p.m.

June 3, 2024 (Monday) 5:30 to 8:30 p.m. Brookings-Harbor High School

8293, 625 Pioneer Rd., Brookings, OR 97415

June 4, 2024 (Tuesday) 5:30 to 8:30 p.m. Sunset Middle School

245 S Cammann St., Coos Bay, OR 97420

June 6, 2024 (Thursday) 5:30 to 8:30 p.m. Siuslaw Middle School

2525 Oak St., Florence, OR 97439

June 7, 2024 (Friday) 5:30 to 8:30 p.m. Newport High School

322 NE Eads St., Newport, OR 97365

All ages and families are welcome to attend. Light refreshments will be provided.

Comments will be accepted through June 15, 2024.

Email or written comments: Please be sure to address the enforceable policies you believe are relevant in your comments. OCMP staff may review comments on proposed actions for alignment with enforceable policies and potential conditions to enhance consistency. For more information on the federal consistency review and how to comment, visit https://www.oregon.gov/lcd/OCMP/Pages/Offshore-Wind-Energy-Leasing.aspx

In-Person comments: Community members wishing to comment in person should plan to limit comments to three minutes per person. If many people wish to comment, staff

may need to limit comment time further as we want to hear from as many community members as possible.

About The Oregon Coastal Management Program Oregon is one of 34 states to have a nationally recognized Coastal Management Program established by the Coastal Zone Management Act of 1972. The Oregon Coastal Management Program aims to protect coastal and ocean resources, and ensure livable, resilient communities on the Oregon coast. The Oregon Department of Land Conservation and Development is the lead agency in the coastal program network, which also includes 11 state agencies and 42 city and county governments. Financial assistance for the Oregon Coastal Management Program is provided by the Coastal Zone Management Act of 1972, as amended, administered by the Office for Coastal Management, National Oceanic and Atmospheric Administration.

Oregons statewide land use planning program

Originated in 1973 under Senate Bill 100, Oregons land use program protects farm and forest lands, conserves natural resources, promotes livable communities, facilitates orderly and efficient development, supports coordination among local governments, and enables community engagement.

The Department of Land Conservation and Development (DLCD) administers the program in partnership with cities and counties. The Land Conservation and Development Commission (LCDC), a seven-member volunteer board, guides DLCD.

The land use planning program affords Oregonians predictability in the development process and the ability to plan and invest in the long-range by allocating land for industrial, commercial, and housing development, as well as transportation, other urban services, and farm and forest lands.

Under the program, all cities and counties have adopted comprehensive plans that meet mandatory state standards. The standards are based on the 19 Statewide Planning Goals that deal with land use, development, housing, transportation, and conservation of natural resources. Technical assistance in the form of expertise and grants for local jurisdictions are key elements of the program.

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Coastal community meetings on proposed offshore wind leases to be held - Curry Coastal Pilot