Category: Business News
Norway will be able to sustain gas production at last year’s elevated level until at least 2026 thanks to 300 billion Norwegian kroner ($30 billion) of investment in new offshore fields. “Only rarely have we seen so much oil and gas produced on the Norwegian shelf as was the case last year – and only […]
Source: Bloomberg
Category: Business News
OSLO, Dec 19 (Reuters) – Norwegian aluminium maker Norsk Hydro (NHY.OL) and two partners said on Monday they plan to build an onshore wind farm costing between 3 and 4 billion Norwegian crowns ($304 million-$405 million) on Norway’s west coast. The plant, if approved, would have output of 1 terrawatt hour (TWh) of electricity, providing renewable power […]
Source: Reuters
Category: Business News
San Francisco, California – As provisional winner of a lease area on the Outer Continental Shelf off California, Equinor continues to lead the way in growing the US’ offshore wind industry. Five leases were offered by the Bureau of Ocean Energy Management (BOEM) in thefirst-ever offshore wind lease sale on the US west coast and […]
Source: Equinor
Category: Business News
DNV is moving ahead in collaboration with Reodor Studios to create a digital service that will make it easy to plan for sustainable decommissioning and recycling when a wind farm has reached the end of its life cycle. In the 1970s, the wind power industry boomed, and thousands of wind farms were built around the […]
Source: DNV
Category: Business News
Sustainable energy company Avangrid has announced that it will start using advanced forecasting services from weather intelligence provider StormGeo for its onshore wind farms across the USA. Ty Kristensen, director of Avangrid’s National Control Center for the company’s renewables business, said, “Safety is our most important goal. As such, we must have accurate and timely […]
Source: StormGeo