TGS | 4C Offshore Wind News

🌊 Midweek News Round-Up in Offshore Wind 🌍 Catch up on some of this week's biggest stories: 🌐 BP and JERA team up to form a global offshore wind giant -https://lnkd.in/eG4vXWDn 🔌 Proserv’s cutting-edge cable monitoring tech heads to Dogger Bank C - https://lnkd.in/ex9CaYbe 🌱 Estonia advances offshore wind with new approvals and EU funding - https://lnkd.in/e7De9swE https://lnkd.in/e3zE6j53 🚢 Dajin Heavy Industry secures Odense Port presence - https://lnkd.in/ewBFkhXT ⚡ ScottishPower selects Great Yarmouth for East Anglia TWO preparations - https://lnkd.in/eGHikb3Q 💷 The Crown Estate boosts the UK’s supply chain with a £35M injection - https://lnkd.in/eJFqr-dE 🌬️ Nuveen partners with NIA for wind asset management - https://lnkd.in/ev76p-jj 🇧🇷 Brazil's Senate approves regulatory framework for offshore wind energy - https://lnkd.in/egtJJafy ⚓ Delmar Systems takes on mooring for Culzean floating wind pilot - https://lnkd.in/eKRuUnmY Stay informed - explore the full stories here: https://lnkd.in/emkvCeRV #OffshoreWind #EnergyTransition #Renewables

The Crown Estate has allocated nearly £5 million to 13 organisations in the first round of its Supply Chain Accelerator, supporting offshore wind development across England, Wales and Scotland. Read the full article here: https://lnkd.in/eJFqr-dE #OffshoreWind #TheCrownEstate #UKOffshoreWindNews

Dajin Heavy Industry Co.,Ltd has signed a reservation agreement for 10 hectares of land at Denmark's Odense Port, securing the site until the end of 2030. Read the full article here: https://lnkd.in/ewBFkhXT #OffshoreWind #Ports #DajinHeavyIndustry #News #Denmark

Proserv has secured a contract with DEME Group Offshore to deploy its advanced Electro Cable Guard (ECG™) system at Dogger Bank C, the third phase of what will be the world’s largest offshore wind farm. Read the full article here: https://lnkd.in/ex9CaYbe #OffshoreWind #Renewables #Cables #Proserv #DEMEGroup #DoggerBankC

bp and JERA Co., Inc. have announced plans to form a 50:50 joint venture, JERA Nex bp, combining their offshore wind businesses into a global operator with a potential net generating capacity of 13 GW. Read the full article here: https://lnkd.in/eG4vXWDn #OffshoreWind #Renewables #bp #JeraCoInc #ParkWind #OffshoreWindNews

The Danish Energy Agency announced that no bids were submitted for the first three offshore wind farms tendered in the North Sea, with a combined capacity of 3 GW. Read the full article here: https://lnkd.in/e6zTmBiW #OffshoreWind #DanishOffshoreWind #NorthSeaTender #OffshoreWindNews #Denmark #Renewables

All seats have been allocated in the Irish election, so what can we expect for the offshore wind industry? One of the reasons for the election was the Apple windfall, a EUR 13 billion return to the state, after tax breaks for the tech giant were deemed incompatible with EU state aid. With the Irish population standing at 5.26 million, this is about EUR 2.5 k per person that can be spent on the public. The funding is on the scale of large infrastructure development (~4 GW of offshore wind), and therefore the public is being given a voice in how to spend the windfall. I will not try to prophesise who will make up the coalition, but we can look at the trends in the manifestos. All the parties large enough to lead a coalition and many of the smaller parties are pro-offshore wind. They are also pro-grid and port development, which could see the North-West, where Sceirde Rocks and future floating development may be, be bolstered, and more attractive to investment. There are also a few parties which are interested in a GB Energy type scheme, and others which want to bolster ESB (a state owned developer) to achieve a similar effect. Not a lot of detail has been given as to the scheme, so we do not know if the player will be international or domestic, but more green capital coming into the market can be great if done correctly. Here is a summary of all parties' (excl 100%RDR) policies, of course not everything could be included, but still some heavy-hitters nonetheless.

🤝Collaboration Drives Progress: TGS Partners with EEEGR At TGS, we believe strong partnerships are the foundation of innovation and growth. We’re thrilled to announce our collaboration with EEEGR, an organization deeply rooted in the East of England but fostering opportunities and connections across the global energy sector. As part of this partnership, our industry-leading daily energy news feed, powered by 4C Offshore market intelligence, is now featured on the EEEGR website, delivering timely updates and valuable insights to their community. We’re also proud to support EEEGR with the latest data and intelligence from 4C Offshore to enhance their events and member activities. Through this collaboration, TGS aims to contribute to the future of energy while supporting the creation of skilled local jobs. Joining forces with EEEGR strengthens our ability to empower businesses and shape the energy landscape for the better. Together, we’re unlocking new opportunities for the region and beyond. Explore the collaboration: https://hubs.ly/Q02Z_5v70 Pictured below (L to R): Michael Martins - VP, TGS | 4C Offshore Karen Freeman - General Manager, EEEGR Kevin Keable - Chair, EEEGR #TGS #4COffshore #EnergyStartsWithUs EEEGR (East of England Energy Group)

Public Webinar: Offshore Wind Farms: Subsidies, Offtake and Corporate PPAs The offtake landscape for offshore wind is evolving rapidly, with significant implications for developers, investors and the broader industry. Join us for an insightful webinar where our analysts cover the following key questions: ❇️ What are the global trends in government subsidies for offshore wind? ❇️ As subsidies decline, can corporate PPAs replace them in offshore wind financing? ❇️ What are the global trends in corporate PPAs for offshore wind? Register: https://lnkd.in/ein6Ydn8 When: Tuesday, December 3 at 10 a.m. GMT Speakers: Aby Gooch, Jordan May and Patrick O. #TGS #OffshoreWind #CPPA

ScottishPower and Ørsted are celebrating the 10th anniversary of West of Duddon Sands, their first offshore wind farm. https://hubs.ly/Q02ZR-Jd0 #OffshoreWindFarm #ScottishPower #Orsted #WestofDuddonSands