Wednesday, September 26, 2018

PPAs changing how wind companies do business


PPAs changing how wind companies do business | IEA: Global offshore wind industry could hit 200 GW by 2040 | Storm-resistant wind turbines are on the rise
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September 26, 2018
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PPAs changing how wind companies do business
Power purchase agreements are on the rise, driving a global shift away from auction-style procurement and potentially changing how wind manufacturers design turbines, says Neil Douglas, a director at BVG Associates. "There aren't enough corporate PPAs to go around, but certainly mechanisms that give a route to market give some price stability without seeking subsidy through action or otherwise seem inevitable," he says.
Windpower Monthly (UK) (free content) (9/26) 
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IEA: Global offshore wind industry could hit 200 GW by 2040
Installed offshore wind capacity worldwide could hit 200 gigawatts by 2040, up from today's 20 GW, said International Energy Agency Executive Director Fatih Birol during the Global Wind Summit in Hamburg, Germany. He noted that the industry's growth would require government support.
Offshore Wind Journal (U.K.) (9/25) 
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Storm-resistant wind turbines are on the rise
More wind farms are being built in coastal areas at a time when storms are increasing in intensity and frequency, says Rocky Mountain Institute Project Director Chris Burgess. "Major manufacturers are basically designing typhoon-rated wind turbines, for really, really heavy winds," he says.
CBS News (9/25) 
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Project Focus
ENGIE North America breaks ground on Kan. wind farm
ENGIE North America has broken ground on the 276-megawatt Solomon Forks Wind Project in Thomas County, Kan. The project is expected to begin operations in summer 2019.
North American Windpower online (9/25) 
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Nordex wins 118-MW turbine supply deal in the Netherlands
Vattenfall has ordered 32 N117/3600 turbines with a combined capacity of 118 megawatts from Nordex for its 300-megawatt Wieringermeer project in the Netherlands. It previously ordered 50 Nordex units for the site.
Renewables Now (Bulgaria) (tiered subscription model) (9/26) 
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Economy, Energy & Trends
Grupo Bimbo pledges 100% renewables by 2025
Grupo Bimbo has set a goal to source 100% of its global electricity needs from renewables by 2025. "This initiative is part of our renewable energy strategy, which began in 2012 with the inauguration of the Piedra Larga wind farm and is consolidated with this important global commitment," says Global Operations Director Jorge Zarate.
Baking Business (9/25) 
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Statkraft to spend $1.2B annually on renewables
Statkraft will invest about $1.2 billion in its renewable energy assets from 2019 through 2025. It plans to increase its installed land-based wind capacity to 6 gigawatts, among other goals.
Reuters (9/26) 
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Policy Watch
Offshore wind is a huge opportunity for G-7 nations
The world's installed offshore wind capacity increased 25% between 2016 and 2017, indicating an impressive potential for growth, says International Renewable Energy Agency Director-General Adnan Z. Amin during the G-7 summit. Amin urged G-7 nations to accelerate the industry's growth as a way to decarbonize and stimulate economic investment.
ITP (United Arab Emirates)/Utilities Middle East (9/26) 
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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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