Could wind power the green recovery?

Business Green

As the industry predicts it can deliver 234GW of offshore wind capacity by 2030, the burgeoning wind energy sector it poised to play a critical role in the global economic recovery, creating around a million jobs in the process. Furthermore, 1GW of offshore wind power avoids 3.5

Could wind power's economic benefits have been underestimated?

Business Green

New socio-economic research from Oxford Brookes focused on an Aberdeen offshore wind farm suggests developer underestimated the value the project would have for local and Scotland-wide economies. It estimates every wind turbine in Europe generates on average of €10m of economic activity.

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Coronavirus: Falling power demand is impacting clean energy

GreenBiz

With the pandemic spurring a dramatic drop in economic activity across Europe, electricity, renewables and carbon prices have also plummeted. COVID-19 Energy & Climate Renewable Energy Solar Wind Power

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INEOS agrees the largest ever industrial wind power purchase contract in Belgium with ENGIE

altenergymag

• The 10-year deal will reduce INEOS’ carbon footprint by 1,150,000 tonnes of CO2.

UK leads Europe on new wind power as global turbine market enjoys boom

Business Green

Britain added more onshore and offshore wind capacity than any other country in Europe last year at 2.8GW, latest industry figures show. The UK continued to lead Europe in new wind power last year, adding 2.4GW of both onshore and offshore capacity as turbine installations rose more than a quarter across the continent in 2019, according to trade body WindEurope. All three countries only built onshore wind farms in 2019.

Shetland wind power set to reach UK mainland via new HVDC link

Business Green

A major renewable energy infrastructure project is to bring wind power from Shetland to the UK mainland via Europe's first multi-terminal high-voltage direct-current (HVDC) interconnection, the firms behind the development announced yesterday.

Nestlé UK bags 15-year wind power purchase agreement with Ørsted

Business Green

Deal with Race Point offshore wind farm will cover 50 per cent of Nestlé UK’s power consumption. Nestlé UK has inked a 15-year power purchase agreement (PPA) with Danish wind energy giant Ørsted, securing access to a 31MW share of a wind farm off the coast of Norfolk. The agreement is also a major milestone for the Danish wind developer, marking the biggest fixed-price power deal it has signed to date with a corporate customer in the UK.

Global wind power grows by more than 60GW in 2019

Business Green

But Global Wind Energy Council forced to revise its forecasts for 2020 and beyond as coronavirus fallout continues. The wind power industry enjoyed its second biggest growth year in history in 2019, adding 60.4GW of new onshore and offshore capacity amid surging demand for clean energy worldwide, latest data from the Global Wind Energy Council (GWEC) has revealed. GWEC, too, is therefore likely to downgrade its predictions for wind power in 2020.

Europe’s Latest Supergrid Plan Could Slash Offshore Wind Transmission Costs

GreenTechMedia

A heavyweight team led by renewables veteran Dr. Eddie O’Connor is pushing for a new grid infrastructure to link Europe’s wind and solar resource centers. The offshore cable platforms, or SuperNodes, will act as power collection stations for multiple wind farms.

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Coronavirus: European wind power project delays likely, trade body warns

Business Green

The European wind power sector is braced for potential economic headwinds in the wake of the escalating coronavirus outbreak, with trade body WindEurope today warning that some supply chains are already being hit by delays. With COVID-19 we are likely to see delays in the development of new wind farm projects which could cause developers to miss the deployment deadlines in countries' auction systems and face financial penalties," he said.

How Should Europe Decarbonize? Depends Who You Ask

GreenTechMedia

Shell's much-discussed Sky scenario from 2018, which charts a path to meeting the goals of the Paris Agreement, forecasts nuclear and fossil fuels each accounting for roughly 11 percent of Europe's mix in 2050. The EU wants to become a net-zero emitter of greenhouse gases by 2050.

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Net zero carbon emissions ‘impossible’ without hydrogen says UK energy alliance

Renewable Energy World

News Grid Scale Strategic Development Europe Wind Power Emissions & Environment SolarThe UK’s North West Hydrogen Alliance (NWHA) is calling for government investment in hydrogen projects to meet ambitious carbon reductions targets in Britain.

Ireland’s renewables expansion to attract massive investment says report

Renewable Energy World

GW of non-hydro renewable power capacity over the next decade to reach a total 9.6 News Wind Europe Strategic Development Wind Power Solar PlacementIreland is set to add 5.8 GW by 2030.

Bloomberg predicts wind and solar will power half the world and bag $9 trillion investment

Renewable Energy World

Wind or solar now represent the least expensive option for adding new power generation capacity in approximately two-thirds of the world. North America Solar News Energy Storage Hydropower Europe Bioenergy Wind Power Emissions & Environment Australasia Asia Wind Energy Efficiency Strategic Development Geothermal

How Europe’s Energy Islands Could Internationalize Offshore Wind Planning

GreenTechMedia

If massive offshore wind hubs are going to be built at scale, Europe will need to pull down the national borders that currently encircle planning and tendering for capacity, according to grid operator TenneT. Initially they showed a huge cluster of offshore wind turbines centered around an island with energy storage and the transformer infrastructure required to send the power out across the ‘spokes’ to countries across Europe.

Europe 100

Germany’s Maxed-Out Grid Is Causing Trouble Across Europe

GreenTechMedia

Although Germany is generating record amounts of clean energy in the north, its grid is too weak to transport all the power down to load centers in the south — a longstanding challenge for the country that's only getting worse. One of the most visible effects of this renewable energy saturation on the German grid is negative wholesale electricity prices, or times when consumers are effectively being paid to use excess power. Paying foreign wind farms to shut down?

Europe 100

NortH2: Shell unveils plans for 'Europe's largest green hydrogen project'

Business Green

Shell, Gasunie, and Groningen Seaports launch ambitious plans to build green hydrogen hub for northern Europe. A new consortium has this week unveiled ambitious plans to build Europe's largest green hydrogen production 'mega-facility', which would source offshore wind power to produce zero emission hydrogen at a new site on the Dutch coast.

Coronavirus: Falling power demand is impacting clean energy

AGreenLiving

With the pandemic spurring a dramatic drop in economic activity across Europe, electricity, renewables and carbon prices have also plummeted. See the original post here: Coronavirus: Falling power demand is impacting clean energy. Business Eco Green a-dramatic-drop covid-19 energy & climate europe pandemic school-closures solar the-pandemic wind-power

Great Britain could become net exporter of power by 2040s

altenergymag

Interconnection with EU nations, regardless of trading arrangements post-Brexit, will continue to play a pivotal role in driving wholesale power prices and system flexibility in the future. Modelling of the GB and EU markets by Cornwall Insight shows that increased interconnection through the 2020s and 2030s could provide a route for excess offshore wind power in GB to be consumed elsewhere in Europe

GOs and REGOs: Corporate demand for renewables rose across Europe in 2019, data confirms

Business Green

Demand for renewable energy backed by verified certificates of origin grew across Europe last year, outpacing the growth in supply, the latest data from the Association of Issuing Bodies (AIB) today indicates. The AIB, the body which promotes standardised verification of renewable energy supplies across Europe, said demand from companies for renewable energy tracked and documented via Europe's Guarantees of Origin (GOs) certificates grew "at a brisk rate" of 11.7

Corporate demand for renewables rises across Europe in 2019, data indicates

Business Green

Demand for renewable energy backed by verified certificates of origin grew across Europe last year, outpacing the growth in supply, latest data from the Association of Issuing Bodies (AIB) released today indicates. The AIB, the body which promotes standardised verification of renewable energy across Europe, said demand from companies for renewable energy tracked and documented in via Europe's Guarantees of Origin (GOs) certificates grew "at a brisk rate" of 11.7

Wind Energy Is More Beneficial Than Fuel

The Environmental Blog

Wind energy is well-known for its capability to cut electricity costs for consumers as it replaces the produced fuel with wind energy free of charge. Due to this factor, wind energy is strongly beneficial compared to traditional energy sources and power generators.

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Over 60GW of wind energy capacity installed in 2019, the second-biggest year in history

Envirotec Magazine

Industry group calls on governments to ensure regulation is fit for purpose and “look beyond LCOE”, in order to accelerate growth of wind energy and meet climate targets. The Global Wind Energy Council (GWEC) has published the 15th edition of The Global Wind Report , described as the wind industry’s flagship publication which provides a comprehensive, global view of the sector through the latest market data, country profiles, trends and analysis.

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Rare earth magnets recycling and remanufacturing project gets underway

Envirotec Magazine

Project partners include magnets supplier Bunting Europe. Rare-earth magnets are widely used in electronics, automotive, aerospace, e-mobility, wind power generation, consumer goods, and other sectors. The vast majority of rare-earth reserves are located in China and between 2,000 and 3,000 tonnes of rare-earth-elements (REE) are imported into Europe annually. Using secondary REE materials reduces Europe’s reliance on imports from China.”. Scrap magnets.

Total Buys 3.3GW Solar Portfolio and Signs World’s Largest Corporate PPA…With Itself

GreenTechMedia

The company also revealed it has signed a corporate power purchase agreement for 6 TWh of power from around 3 GW of its Spanish solar portfolio. Offshore wind giant Ørsted’s 920 MW-deal with Taiwanese chipmaker TSMC is the largest deal for a single project. Total said the PPA would be enough to power all its European industrial operations by 2025. It also gained access to 850 MW of gas-fired power plant capacity in Spain — and 2.5

Europe 159

Can the US Catch Up in the Green Hydrogen Economy?

GreenTechMedia

Experience with the roughly 25,000 fuel cell-powered forklifts in use in the U.S. will enable expansion to larger classes of vehicles, for example, and fuel cells being used for on-site power at data centers can serve as models for integrating hydrogen into large-scale generation.

WoodMac Trims Global Wind Energy Forecast as Coronavirus Ripples Across Markets

GreenTechMedia

Market researcher Wood Mackenzie has trimmed its forecast for global wind installations in 2020 by 6.5 WoodMac now expects the world to add 73 gigawatts of new wind capacity in 2020, still a solid jump from the 62 gigawatts built in 2019. Europe may be hit hardest. where developers face declining subsidies, wind developers placed a record 100 gigawatts' worth of turbine orders last year. The global nature of the wind supply chain is likely to limit the impact.

Africa 100

Senvion Deal Would Shrink Siemens Gamesa’s Services Gap With Vestas

GreenTechMedia

A deal to buy insolvent German wind-power manufacturer Senvion’s service business would help Siemens Gamesa catch up to rival Vestas in this increasingly important part of the market, a Wood Mackenzie analyst says. Senvion entered voluntary insolvency proceedings in April as the global wind turbine industry continues to consolidate around a few major players outside of China, notably Vestas, Siemens Gamesa and GE.

What Offshore Wind Can Bring to the Corporate PPA Party

GreenTechMedia

Offshore wind is one trend where Europe's renewable energy industry has taken an early lead. But as corporate onshore wind and solar deals pick up in Europe , the first handful of offshore wind deals are now getting done. Denmark's Ørsted has signed three corporate power price agreements for offshore wind farms in the U.K. and tailor them into a model that makes sense for offshore wind.” offshore wind.

Europe 100

When Will European Offshore Wind See Negative Bids?

GreenTechMedia

European offshore wind developers could go one step beyond zero-subsidy projects and start paying a tariff for contracts. So-called negative bids are “quite likely” in forthcoming European offshore wind tenders, said Michael Dodd, U.K. Although subsidy-free projects are becoming increasingly common in onshore wind and solar across Europe , so far only a couple of offshore markets have reached that point explicitly.

Europe 158

Solar Panel Landfill Deemed Safe as Recycling Options Grow

GreenTechMedia

The challenges for wind turbine blades are even greater. ” Europe's big idea, small volumes. still lags behind Europe on solar recycling. “Under the WEEE Directive, PV modules are in a category of electronic waste with an 85 percent recovery target, 80 percent of which consists of reuse and recycling,” said Kristina Thoring, communications director at the industry body SolarPower Europe. Europe only has one dedicated PV recycling plant so far.

WoodMac: Energy Sector Faces ‘Darwinian Challenge’ to Tame Climate Change

GreenTechMedia

” “While the world is adding renewable power generation capacity and manufacturing electric vehicles, it is still not enough. The report plots out the steps required to stay within 2 degrees of warming, finding that Western Europe and the U.S.

Google Pledges 24/7 Carbon-Free Energy by 2030

GreenTechMedia

The promise commits the tech giant to an even more aggressive program of sourcing clean energy and enabling the infrastructure to make it available even when the sun isn’t shining and the wind isn’t blowing. Europe and Chile.

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Vestas Logs Strong Q3 Despite Price Pressure and Trade Woes

GreenTechMedia

Shares in Vestas, the world’s largest manufacturer of wind turbines shot up 11 percent after the firm announced order, profits and revenues were all up in the third quarter compared to last year. “And just to mention a few here we have Finland, Greece, Turkey and France, as main contributors to it, but it's really nice to see that that works across Europe,” he said on a call to analysts before pointing to the potential for more activity in Europe and beyond.

Solarcentury Gets Boost from UK Government for 500MW Overseas Pipeline

GreenTechMedia

both in Europe and emerging energy markets,” added Perry. billion Taiwanese dollar loan ($307 million) for the Formosa 2 offshore wind farm. cable company win offshore wind contracts in Europe in 2012 and 2014. ” Encavis, an independent power producer, has signed a 10-year PPA for 75 percent of Talayuela's output. But the offshore wind sector may offer more opportunities for U.K. Developer Solarcentury has secured €54.8 million ($61.1