Minghui Zhang’s Post

Study Urges Offshore Wind Farms to Shift Focus to Revenue-Based Metrics for Enhanced Profitability #RenewableEnergy #GreenEconomy #Energy #EnergyTransition https://lnkd.in/gd9dNygS

Study Urges Offshore Wind Farms to Shift Focus to Revenue-Based Metrics for Enhanced Profitability #RenewableEnergy #GreenEconomy #Energy #EnergyTransition https://lnkd.in/gd9dNygS

As the floating offshore wind market continues to emerge, certification is vital for developers and manufacturers. So, DNV issued a new update to the DNV-SE-0422: Certification of Floating Wind Turbines, a comprehensive framework for certification of these structures. With the sector moving into deeper waters, this can help ensure the technology meets the highest safety and performance standards. This RIVIERA MARITIME MEDIA LIMITED article looks at the role of certification in the industry: https://dnv.social/5Vw Want to learn more about our floating wind energy certification services? click here https://dnv.social/5Vv #FloatingOffshoreWind #Certification #EnergyTransition

Exciting news from Moreld Ocean Wind (MOW) as they expand their capabilities in floating wind foundations! Through their 2021 acquisition of a minority stake in US/French company Ocergy, MOW now offers advanced floating foundations, paving the way for innovative offshore wind projects. Archer's recent acquisition of MOW marks a strategic entry into the offshore wind market. CEO Dag Skindlo emphasized that this move strengthens their energy services portfolio and supports their customers' energy transition ambitions. With commitments from oil and gas clients towards floating offshore wind, Archer aims to leverage their extensive offshore expertise and 300-strong engineering team to drive growth and innovation in this burgeoning sector. "While floating wind is still in its early days, the market is expected to grow significantly in the coming decades," said Skindlo. This acquisition positions Archer to capitalize on these developments and contribute to a sustainable energy future. This collaboration promises exciting growth opportunities and reinforces the commitment to renewable energy transition. 🌍💡 Norwegian Oil & Gas Service Provider Enters Offshore Wind Market with Floating Wind Company Takeover: https://lnkd.in/dqZnJNxp #OffshoreWind #RenewableEnergy #EnergyTransition #Sustainability #Innovation #CleanTech

WEBINAR: U.S. Offshore Wind Market Update ⌛Don’t miss the opportunity to join our experts for an insightful discussion on key developments in the U.S. offshore wind market. Register: https://hubs.ly/Q02VtJJd0 When: Thursday, October 24 at 2 p.m. BST | 9 a.m. EDT | 8 a.m. CDT In 2024, eight offshore wind projects have already received final approval for bidding, with three more expected by year’s end. More than 15 GW of offshore wind capacity now has government approval in the U.S. As interest rates fall and supplier contracts solidify, billions of dollars will be invested in manufacturing, construction, and services in the U.S. Northeast. Next week’s Gulf of Maine offshore wind lease auction could add 15-20 GW of capacity, featuring over 150 floating wind turbines — an engineering achievement stretching 125 miles (equivalent to the distance from New York City to Atlantic City). Want to learn more? Register for our webinar on U.S. offshore wind and supplier opportunities this Thursday! #USOffshoreWind #GulfofMaine Bureau of Ocean Energy Management

WEBINAR: U.S. Offshore Wind Market Update ⌛Don’t miss the opportunity to join our experts for an insightful discussion on key developments in the U.S. offshore wind market. Register: https://hubs.ly/Q02VtYtx0 When: Thursday, October 24 at 2 p.m. BST | 9 a.m. EDT | 8 a.m. CDT In 2024, eight offshore wind projects have already received final approval for bidding, with three more expected by year’s end. More than 15 GW of offshore wind capacity now has government approval in the U.S. As interest rates fall and supplier contracts solidify, billions of dollars will be invested in manufacturing, construction, and services in the U.S. Northeast. Next week’s Gulf of Maine offshore wind lease auction could add 15-20 GW of capacity, featuring over 150 floating wind turbines — an engineering achievement stretching 125 miles (equivalent to the distance from New York City to Atlantic City). Want to learn more? Register for our webinar on U.S. offshore wind and supplier opportunities this Thursday! #USOffshoreWind #GulfofMaine Bureau of Ocean Energy Management

Transitioning from production-based to revenue-based availability metrics is one way that offshore wind farms can enhance profitability of these assets.

Horizon Europe is the largest RDI programme in the world with 95BN Euro, and the offshore wind industry can get funding from several calls 🇪🇺 Norwegian Offshore Wind organized a workshop in Kristiansand on Horizon Europe calls relevant for offshore wind companies. The workshop consisted of presentation of relevant calls, and pitches from Norwegian, UK, Belgian and Italian stakeholders targeting relevant calls in Horizon Europe.   The workshop covered presentation and discussion on the following Horizon Europe calls: 🔹 HORIZON-CL5-2024-D3-02-08 - Minimisation of environmental, and optimisation of socio-economic impacts in the deployment, operation and decommissioning of offshore wind farms 🔹 HORIZON-CL5-2024-D3-02-09 - Demonstrations of innovative floating wind concepts  🔹 HORIZON-CL5-2025-D3-06 - Innovative manufacturing of wind energy technologies 🔹 HORIZON-CL5-2025-D3-07 Improved reliability and optimised operations and maintenance for wind power systems HORIZON-CL5-2025-D3-08 Understand and minimise the environmental impacts of offshore wind energy   -The first two calls with deadline in the first half of 2025 are great opportunities for Norwegian companies and research organizations to demonstrate innovative solutions, create partnerships and establish supply chain. This can subsequently position the companies in relevant markets across Europe, says Tor Arne Johnsen EU-advisor in NOW. He underscores that positioning into these calls takes a long time and should start now.   Christopher Harman- GCE NODE - Agder fylkeskommune- ANEV, Associazione Nazionale Energia del Vento - Å Energi - Blauwe Cluster (Blue Cluster) vzw - Innovasjon Norge

🚀 €95 Billion Opportunity for Offshore Wind Innovation! 🌊💨 Exciting news from Norwegian Offshore Wind about Horizon Europe funding for offshore wind! This is a game-changing opportunity for companies like our partner, CLS Wind, to accelerate innovation in the industry. Key Highlights: 💶 €95 Billion total funding available 🇪🇺 Largest RDI programme worldwide 🌐 Open to international partnerships Relevant Calls for Offshore Wind: 1️⃣ Minimizing environmental impacts of offshore wind farms 2️⃣ Demonstrations of innovative floating wind concepts 3️⃣ Innovative manufacturing of wind energy technologies 4️⃣ Improved reliability and optimized O&M for wind power 5️⃣ Understanding environmental impacts of offshore wind Why This Matters for CLS Wind: ✅ Perfect opportunity to demonstrate their innovative lifting system ✅ Aligns with calls for minimizing environmental impact (smaller vessels, less infrastructure) ✅ Addresses innovative manufacturing and improved reliability ✅ Chance to establish partnerships and position in European markets CLS Wind's technology could be a key player in several of these calls: 🔷 Reducing environmental impact through efficient installation 🔷 Enabling innovative floating wind concepts 🔷 Optimizing O&M with easier access to turbines As Tor Arne Johnsen says, "Positioning into these calls takes a long time and should start now." The time to act is now! Imagine the possibilities: CLS Wind's game-changing technology, backed by Horizon Europe funding, revolutionizing offshore wind installation across Europe! Contact us at info@getcsolutions.com for a discussion of how we can leverage this funding to accelerate innovation in our industry! 💪🌍 #HorizonEurope #OffshoreWind #Innovation #CleanEnergy #CLSWind #cSolutions

Bundesnetzagentur, Germany’s Federal Network Agency, has received a record volume of bids for its latest onshore wind tender. “This tender is a record,” remarked Klaus Müller, President of the Federal Network Agency. “The bid volume of almost 3 GW significantly exceeds the volume of 2.5 GW required to achieve the annual expansion target.” For the tendered volume of 2,709 MW, 239 bids were submitted, totalling 2,961 MW, which marked the first time a bid window was oversubscribed since February 2022. Following Bundesnetzagentur’s evaluation, 230 bids were awarded contracts, representing 2,723 MW. Only one bid was excluded from the process. In the lead-up to the deadline, the Federal Network Agency said it reduced the tender volume from 4.1 GW to 2.7 GW, based on data indicating the contract’s imminent oversubscription. Despite the reduction, the volume of bids exceeded expectations, largely due to an increased number of submissions with older permits compared to previous rounds. Projects not awarded in this round may participate in the next tender scheduled for November 2024. The agency will decide the volume for that round by 18 October 2024, considering the available data at that time. The bidding prices in this round ranged from 5.73 to 7.35 ct/kWh, with the average volume-weighted price at 7.33 ct/kWh—only marginally below the maximum allowable price of 7.35 ct/kWh. The majority of contracts were awarded to sites in North Rhine-Westphalia, which secured 756 MW across 84 projects. Other key regions included Brandenburg (385 MW, 23 contracts), Schleswig-Holstein (285 MW, 24 contracts), Hesse (246 MW, 8 contracts), and Lower Saxony (237 MW, 24 contracts). In the southern federal states, Bavaria received eight contracts totalling 101 MW, while no projects in Baden-Württemberg were awarded contracts. PNE Group secured 24 MW of capacity across two wind projects in the tender. PNE was successful with the 18 MW Gnutz-Ost’ wind farm, comprising three wind turbines in Schleswig-Holstein, and the single turbine 6 MW Helenenberg wind farm in Rhineland-Palatinate. Both wind farms are scheduled to go into construction or operation during 2025. PNE has been successful with nine wind farms totalling 141.9 MW in the February, May, and August tenders. #cleanenergy