Today, the Council reached agreement (general approach) on the Carbon Border Adjustment Mechanism (CBAM) regulation, which is one of the key elements of the European Union’s ‘Fit for 55’ package. The main objective of this environmental measure is to avoid carbon leakage. It will also encourage partner countries to establish carbon pricing policies to fight climate […]
To deliver net zero, the world faces a huge challenge. We must rapidly transition from high carbon energy sources to low carbon technologies such as wind power. Across the last thirty years we have seen the successful maturation of offshore wind. It is now recognised as a low cost, secure power source, able to underpin […]
On March 14, the report on the implementation of the central and local budgets in 2021 and the draft central and local budgets in 2022 made by the Ministry of finance at the fifth session of the 13th National People’s Congress was officially released. In 2022, the central government will increase 4.5 billion yuan for […]
As of March 1, 2022, offshore wind power planning and supporting policies have been issued in various coastal areas across the country. Among them, Guangdong, Shandong, Zhejiang, Hainan, Jiangsu, Guangxi and other regions have preliminarily defined their offshore wind power development goals. According to the incomplete statistics of Polaris wind power generation network, during the […]
By 2050, we expect that floating offshore wind power projects will generate 264gw or 15% of the total power generation of all offshore wind power projects. In this case, this is equivalent to more than 3000 times of Hywind tampen, the world’s largest floating offshore wind farm under construction in Norway, or the sum of […]
Europe installed 17 GW (11 GW in the EU-27) of new wind capacity in 2021. This is not even half of what the EU should be building to be on tract to deliver its 2030 Climate and Energy goals. 81% of the new wind installation in Europe last year were onshore wind. Sweden, Germany, and […]
On March 8, the bidding announcement for the procurement of wind turbine units (including tower, anchor bolt and anchor plate) of 500MW wind power project in Xinghe County, Ulanqab city was issued. The bidding project is the wind power project of Tianshun wind energy Inner Mongolia Wulanchabu Xinghe Tianjie wind power energy Co., Ltd., with […]
Recently, Energy Administration of Shandong Province released the 2022 Shandong energy work document, which pointed out that Shandong energy work should focus on the “six-ones” development ideas, “six-more-emphasis” strategies and methods, “Twelve-efforts” key tasks, focus on building a safe, reliable, clean and low-carbon “energy security network”, strive to promote the adjustment of energy structure and […]
‘Paradigm shift’ as new renewables replace costly gas instead of dirtier coal power
Recently, the bidding results of wind turbines and towers in two bid sections of Pingtan offshore wind farm project of Three Gorges group were announced. The installed capacity of lot 001 is 40mW, and the first bid winner is Jinfeng technology, with a quotation of 187840000 yuan; The installed capacity of lot 002 is 60MW, […]