Thursday, 20 February 2025

Focus on Offshore Wind

FILE - A boat passes by July 2, 2024, off Sea Girt, N.J., where a power cable from the Atlantic Shores offshore wind farm project is projected to come ashore. (AP Photo/Wayne Parry, File)
ElectricityNewsOffshore WindPoliticsWind

In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm

In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away...

FILE PHOTO: Mads Nipper prictured at a news conference in Bjerringbro, Denmark, March 13, 2018. Scanpix Denmark/Henning Bagger via REUTERS/File Photo
BusinessElectricityLabourNewsOffshore WindWind

Renewables group Orsted replaces CEO to arrest share price slump

Orsted's shares were down 0.2% at 1010 GMT, slightly underperforming Europe's blue-chip stock index.

FILE PHOTO: View of entrance to Norway's central bank in Oslo, April 20, 2023. REUTERS/Victoria Klesty/File Photo
ElectricityNewsOffshore WindWind

Norway’s wealth fund sticks to investments in renewables despite market setbacks

The fund sees offshore wind as still the best strategic target, as it is Europe-based and offers a large series of partners.

Windmills make up about 10 percent of US energy production, with the largest output in the Republican-led states of Texas, Iowa and Oklahoma (GETTY IMAGES NORTH AMERICA)
AnalysisBusinessOffshore WindPoliticsWind

Trump casts chill over US wind energy sector

Trump has long ranted against wind energy with him threatening to upend decades of industry progress just a few hours after resuming power.

Trump has favoured oil and gas over wind power (GETTY IMAGES NORTH AMERICA)
NewsOffshore WindPoliticsWind

US falling behind on wind power, think tank warns

The United States is falling behind the European Union in the rollout of wind power and risks being overtaken by China, a think...

FILE PHOTO: FILE PHOTO: Power-generating windmill turbines are seen at an offshore wind farm, Kriegers Flak, in the Baltic Sea between Denmark, Sweden and Germany, September 6, 2021. Ritzau Scanpix/Olafur Steinar Gestsson/via REUTERS/File Photo/File Photo
ClimateElectricityNewsNuclear PowerOffshore WindWind

Wind, not nuclear, is the best way to meet Sweden’s climate goals, leading think tank says

STOCKHOLM (Reuters) – The cheapest way for Sweden to meet its expected rise in demand for electricity and goal of net zero emissions...

Electric power transmission pylon miniatures and EDP Renovaveis logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration
BusinessNewsOffshore WindPoliticsWind

Portugal’s EDP confident of its US plans despite Trump wind review

By Marwa Rashad DAVOS, Switzerland (Reuters) – EDP is confident its existing U.S. onshore projects will not be affected by President Trump’s wind...

FILE PHOTO: The logo for Orsted can be seen on the jacket worn by an employee as he talks to journalists during a visit to the offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo
BusinessNewsOffshore WindPoliticsWind

Trump’s anti-wind policy hits European companies

European wind shares fell on Tuesday after U.S. President Donald Trump axed support for new offshore wind power on his first day in...

Turbines of the WindFloat Atlantic Project, a floating offshore wind-power generating platform, are seen 20 kilometers off the coast in Viana do Castelo, Portugal, September 23, 2021. REUTERS/Violeta Santos Moura/ File Photo
BusinessInfrastructureNewsOffshore WindWind

Portugal keen to create offshore wind cluster, could reach 10 gigawatts

Portugal advances offshore wind plans with a 10 GW goal, approving four ocean zones for upcoming renewable energy auctions.

FILE - A Block Island Wind Farm turbine operates, Dec. 7, 2023, off the coast of Block Island, R.I., during a tour organized by Orsted. (AP Photo/Julia Nikhinson, File)
EconomyElectricityLegislationNewsOffshore WindPoliticsWind

Trumps tasks congressman with writing executive order he could issue to halt offshore wind

The Trump ally believes offshore approvals did not fully account for the fishing industry, tourism, whales or Americans’ utility bills.

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