Vard Design has led the work together with sister companies Seaonics and Vard Electro. Charging tests in port as well as testing of the offshore connection solution have demonstrated that the Ocean Charger is an important step towards delivering zero emission ships to the wind industry. By connecting vessels to the power grid in […]
Norway and five other North Sea countries have signed a joint declaration on cooperation to protect energy and telecommunications infrastructure in the North Sea. ‘We have a common interest with our neighbors around the North Sea basin to secure critical infrastructure. This is essential both for energy security and resilience, and to ensure the […]
DNV reveals a resilient optimism within the energy sector, despite prevailing caution. According to DNV’s annual Industry Insight survey, 73% of senior energy professionals express confidence in the industry’s growth trajectory for the upcoming year, a figure that has remained steady at around 74% since 2022, reflecting a resolute stance amid turbulence. Positive sentiment […]
According to estimates by the research firm IDTechEx, by the middle of this century, renewable energy sources such as solar power and wind power will increasingly become the world’s main source of electricity. Due to the variability in electricity generation provided by renewable energy sources, energy storage systems are needed to ensure a stable, balanced […]
Beijixing.com: Recently, 8 departments including the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Housing and Urban-Rural Development, the Ministry of Transport, the Ministry of Water Resources, the Ministry of Agriculture and Rural Affairs, the Ministry of Commerce, and the State Administration for Market Regulation jointly issued the […]
The Ministry of Energy announces two areas in the North Sea for applications related to CO2 injection and storage on the Norwegian continental shelf. ‘I am very pleased that several companies want storage areas for commercial storage of CO2 on the Norwegian continental shelf. We have developed a system that provides good access to promising areas. […]
The award of 1.5 GW of floating wind capacity in Norway, which was planned for this year, will be held in 2025 as the Norwegian government plans to have the subsidy model in place and announced before allocating the Utsira Nord (Utsira North) offshore areas for development. The government says the decision to establish and […]
Basque Energy Cluster and Norwegian Offshore Wind sign document at Bilbao conference. The Basque Energy Cluster and Norwegian Offshore Wind (NOW) have signed a Memorandum of Understanding to strengthen collaboration between the supply chains in Norway and the Basque Country. The agreement was signed at WindEurope Annual Event 2024 in Bilbao this week. Basque […]
Pair’s Ventyr Nordsjø 2 project is now expected to be the first in the area. Parkwind and the Ingka Group’s Ventyr Nordsjø 2 has won Norway’s first auction to develop offshore wind in Sørlige Nordsjø 2. The winning bid in the auction is 115 øre/kWh and two players participated in the auction. Energy Minister […]
Export Finance Norway is providing funds for the 2.9GW UK offshore wind project. Export Finance Norway (Eksfin) is providing loan financing of €525m to Orsted based on the purchase of two transformer platforms from Norway’s Aibel for the Hornsea 3 offshore wind farm in the UK. The transaction increases Eksfin’s total offshore wind financing […]