Wind Farm Installation: Increased demand predicted in next decade

World Energy Reports estimate that more than 100 wind farm installation and maintenance vessels will be required over the next decade. This is due to the proliferation of Offshore wind farm projects planned for construction over the next 10 years. Last year, for the first time ever, Offshore renewable projects spending was higher than Offshore …

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Offshore Wind trends in the US

The US government announced on the 29th of March an acceleration of offshore wind projects and increased funding for renewable energy. The goal is to develop 30,000 megawatts (MW) of offshore wind capacity in the next decade, which would create up to 80,000 new jobs. Attempts to build large scale wind farms comparable to those …

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New floating solar projects inside of existing wind farms

Floating solar the future green energy? Offshore floating solar farms in the future can contribute to renewable green energy production, especially in conjunction with existing offshore wind farms. Solar modules deployed in the spaces between wind turbines could supply additional energy without the loss of space. When solar modules are used in the space between …

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The Future for Offshore Renewables

Global renewable energy could help a post COVID-19 economic recovery according to the International Renewable Energy Agency (IRENA). According to IRENA offshore wind costs have fallen by 29% between 2010 and 2019 from £124 per Mwh to £88 per Mwh (megawatt hour). This lowering of costs can be attributed to increases in turbine technology including …

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Offshore Wind trends in the US

At present the United States has only one operational offshore wind farm, Block Island Wind, located offshore of the State of Rhode Island. The wind farm, operated by Orsted, consists of five turbines producing 30MW (megawatts) for the 1000 island residents of New Shoreham. However, new state policies all along the Eastern Seaboard, from Maine …

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Major Oil and Gas Discoveries of 2019

We have recently added oil and gas prospects and discoveries to our Map module. This means you can now view up-and-coming projects and our existing offshore infrastructure across the globe, alongside our AIS vessel data. Major offshore discoveries this year include countries as diverse as Russia, Cyprus, South Africa, Malaysia and Guyana, as shown below. …

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Renewable energy moves East

Unlike Scrubbers and LSFO which are mitigating the existing problem, renewable energy is a long term solution to the environmental issues faced globally. Europe has led this initiative, and through the last 19 years of development the cost of renewable energy, particularly offshore windfarms has decreased significantly. Shipowners and operators are beginning to see this …

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The Future of Japanese Renewables

Offshore renewables in Japan are about to receive a significant boost after a bill was passed by the Japanese government last November allowing wind farms to operate inside national territorial waters for the next 30 years. Since the March 2011 Fukushima Daiichi nuclear disaster, which was caused by the Tohoku earthquake and subsequent tsunami, Japan …

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