Thursday, March 23, 2017

Big Oil firms are increasingly competing in offshore wind sphere

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Date: Mar 23, 2017 12:24 PM
Subject: Big Oil firms are increasingly competing in offshore wind sphere
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AWEA: Ohio energy bill would stall wind energy jobs, investments | Maine energy director learns from UK's offshore wind industry | EDP Renewables to use Vestas turbines for Ind. project
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March 23, 2017
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Industry Update
AWEA: Ohio energy bill would stall wind energy jobs, investments
A bill under consideration in Ohio to reduce the state's renewable energy requirements has the potential to stall wind industry growth, including its ability to create jobs and drive investment, according to the American Wind Energy Association. "Keeping the [renewable portfolio standard] in place will keep these businesses healthy and Ohio competitive with other states that are choosing to expand their own RPS policies," said Eastern Region Policy Director Andrew Gohn.
CleanTechnica (3/22) 
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Maine energy director learns from UK's offshore wind industry
Maine Acting Energy Director Angela Monroe traveled to the UK this month to learn more about the nation's offshore wind industry and the government policies and economic decisions behind it, said the administration of Gov. Paul LePage. Monroe said offshore wind would still be more costly for Maine than other energy options, though projects under development in other parts of the East Coast may be good opportunities for Maine firms.
Portland Press Herald (Maine) (3/23) 
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Project Focus
EDP Renewables to use Vestas turbines for Ind. project
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EDP Renewables North America will use 50 V110 2-megawatt turbines from Vestas for its 100-MW Meadow Lake 5 wind farm in Indiana, the company said. The project is expected to begin operations in September.
ReNews.biz (U.K.) (3/22) 
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Operations & Maintenance
LM Wind begins work on turbine factory in France
LM Wind Power has broken ground on a factory in France that will produce blades for offshore wind turbines, according to the company. The site is expected to begin operations in June 2018.
ReNews.biz (U.K.) (3/23) 
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Economy, Energy & Trends
Big Oil firms are increasingly competing in offshore wind sphere
Major oil companies such as Royal Dutch Shell, Statoil and Eni are increasingly competing with and beating traditional wind companies such as Dong Energy and Vattenfall in offshore wind auctions. Among the reasons for the trend are reliable economic returns from offshore wind investments and growing demand for clean energy.
Bloomberg (3/23) 
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Statkraft divests 25% stake in Dogger Bank offshore wind project
SSE has purchased a 12.5% interest in the Dogger Bank offshore wind farm off the coast of England from Statkraft, bringing its total stake in the project to 37.5%, according to the company. It added that Statoil purchased the Statkraft's other 12.5% stake.
Reuters (3/23) 
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AWEA News
Broad coalition asks Congress to invest in America's electricity grid
A diverse group of businesses from the energy, manufacturing, construction and environmental sectors sent a letter to Congressional leaders today calling for investment in America's electricity grid. The coalition reminded lawmakers that ensuring reliable access to affordable electricity is necessary to keep business strong. Read more.
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These stories were selected and summarized by independent editors at SmartBrief Inc., not by AWEA's staff, and do not represent AWEA positions. They reflect the variety of daily coverage of American wind power.
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