U.S. offshore wind developers will need to optimize turbine advancements, supply chains and capacity markets to counter falling tax credits and beat the record U.S. price set in Massachusetts, industry experts told the US Offshore Wind 2019 Conference. The 800 MW Vineyard Wind project, co-owned by Avangrid Renewables and Copenhagen Infrastructure Partners, is the U.S.’ first large-scale offshore wind project and represents an important benchmark price for the U.S. market. Made up of two 400 MW units, Vineyard Wind has secured 20-year power purchase agreements (PPAs) with Massachusetts electric distribution companies (EDCs) at starting prices of $74/MWh for unit 1…
Author: @WoRenewables
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OMNETRIC, a global integrator helping energy providers and prosumers reap the benefits of the digital energy system, announces today that it has been contracted by Tacoma Public Utilities (TPU) to implement the Siemens EnergyIP meter data management system (MDMS) as part of TPU’s Advanced Meter program. The integration solution, which is currently being developed, is instrumental to TPU’s goal of updating to the latest Advanced Metering technology. Carried out by OMNETRIC, the integration project will allow TPU to realize efficiency enhancements, offer improved customer service options, and act on previously unavailable asset intelligence. TPU, a public utility in the United…
The new long-term contract, which Geminor won through an official tendering process, binds the resource management company to export a total of 100 000 tonnes of waste wood produced at Danish Vestforbrænding. The contract has a duration of four years, and first export will commence 1. October this year. The recycled waste wood, type A2, will be exported to off-takers in both Sweden and Latvia, and will be utilized in the production of furniture. The transport will be completed by bulk shipment from a HUB close to Copenhagen, as well as road transport. Vestforbrænding is Denmark’s largest waste recovery company, owned…
Octopus Energy Investments, the specialist clean energy investor part of Octopus Group, has today announced its name change to Octopus Renewables with immediate effect. The rebranding is intended to more accurately reflect the business’ core mission – to accelerate the transition to a future powered by renewable energy. Since entering the renewables market in 2010, Octopus Renewables has grown to become the largest investor owner of solar power in Europe as well as a leading investor in onshore wind, managing over £3bn of assets globally. Recent international expansion has also seen significant new investments into Australia, Finland, France and…
UK Power Networks Services and London City Airport are to install renewable and sustainable energy technologies to ensure the long-term resilience and operational excellence of the airport. London City Airport is undergoing a £500 million development programme that will transform the airport and the customer experience, accommodating for a huge increase in demand to use London’s most central airport. The investment includes a new passenger terminal extension – creating facilities four times the size of today’s terminal – eight aircraft stands and a parallel taxiway. The airport is also introducing a digital air traffic control tower in early 2020, which…
London, 26 June 2019: The Global Wind Energy Council (GWEC) has launched the first edition of its Global Offshore Wind Report, which provides a comprehensive analysis of the prospects for the global offshore wind market, including forecast data, market-level analysis and review of efforts to lower costs. The global offshore market has grown by an average of 21% each year since 2013, reaching total installations of 23 GW. More than 4 GW of new capacity was installed each year in 2017 and 2018, making up 8% of the total new installations during both years. For the first time, China was…
June 25, 2019 – Boulder, CO – A new report from Navigant Research analyzes survey responses of more than 2,300 US consumers on vehicle preferences, perceptions and knowledge of plug-in electric vehicles (PEVs), attitudes of current PEV owners, and potential barriers to PEV adoption. From 2017 to 2018, US PEV sales increased 80% thanks to continuous improvements in vehicle and charging technology. While strong growth is expected to continue this year, increasing consumer knowledge of PEV technologies and incentives remains a core market challenge. Click to tweet: According to a new report from Navigant Research, many consumers are still unaware…
The Hydropower Turbine Market is set to grow from its current market value of more than $1 billion to over $2 billion by 2025; as reported in the latest study by Global Market Insights, Inc. Growing efforts toward development of renewable technologies to ease reliance on conventional power generation systems will propel the hydropower turbine market size. For instance, the Department of Energy, in April 2019, proclaimed to fund USD 54.2 million to support the development of marine, hydropower and wind energy. Volatility in fossil fuel prices along with increasing focus toward energy security will further complement the business landscape.…
The technology group Wärtsilä has commissioned its 6 MW / 6 MWh energy management and storage system project for its customer ContourGlobal Bonaire on the Caribbean island of Bonaire. With Phase One complete, the island no longer has to curtail wind resources. It has nearly doubled renewable energy penetration, and prepared the system for additional capacity to accommodate peak demand during tourist season. ContourGlobal’s entire island grid is managed and operated by Greensmith GEMS advanced software platform. “A big hurdle for utilities today is figuring out where to begin when it comes to modernising traditional thermal-based systems to allow the…
National Grid ESO has partnered with two DNOs and energy tech firm Electron to collaborate on a shared generation and storage asset data register. The RecorDER project will see the electricity system operator work alongside SP Energy Networks (SPEN) and UK Power Networks (UKPN) to develop a register of distributed generation and storage assets that sit on their respective distribution networks. And blockchain technology is to play its part, helping the register’s ‘integration layer’ be deployed and hosted by collaborating parties, which removes the need for large-scale infrastructure or a central party to host the entire system. That register, the…
