REM - Renewable Energy
Offshore wind is continuing to accelerate, although Shell is exiting two projects off Ireland. This comes as a new US study has found that offshore wind leasing is 125 times more lucrative for taxpayers than oil and gas leasing.
Mingyang Smart Energy, the Chinese wind turbine manufacturer, may soon sell its turbines to a UK floating project.
UK Chancellor of the Exchequer Kwasi Kwarteng is likely to end what is effectively a ban on new onshore wind projects in England. The London government said it would bring planning permitting into line with that for other infrastructure.
New York State has announced its sixth competitive solicitation, this time 2 GW or more of new large-scale onshore renewable energy projects from new and existing projects.
French President Emmanuel Macron said he will streamline permitting to cut in half the time it takes to get renewable projects to development.
New Jersey Governor Phil Murphy has signed an executive order increasing New Jersey’s offshore wind goal by nearly 50% to 11 GW by 2040. It is now the most aggressive state goal in the US.
Siemens Gamesa has launched its RecyclableBlade for onshore wind power projects
UK-registered Renewable Energy Services Africa eyes expansion across southern Africa, offer 1GW in the next 10 years
Nova Scotia has set a 5-GW target for offshore wind by 2030. 5 GW is twice its current grid usage. The offshore wind would partly be used to make green hydrogen, said Premier Tim Houston.
Amazon is adding 71 new renewable energy projects to its portfolio globally, including for the first time in Latin America, India and Poland.
Obstacle to hopes is Russia’s ownership of 40% of world's uranium conversion infrastructure, vital to making nuclear fuel.