Five years on from the Paris Climate Action Agreement, and Europe has been putting together its climate action plan for the future. In an open letter coordinated by CLG Europe, CEOs from leading European businesses are urging EU heads of state and the European Commission to support an emissions reduction target of at least 55 … Read more
Solar now offers the cheapest form of electricity in history, beating coal and gas in most major countries according to the latest annual International Energy Agencys World ENergy Outlook 2020 publication. Red the full article here
WindEurope have stated that the installation rate of wind needs to double in order to assist in decarbonising Europe. An installation rate of at least 30 GW is required for Europe to meet estimated installed capacities for wind from the EU Commissions report “A Clean planet For All” In this report, there are several scenarios … Read more
The UK has been both the European leader, and world leader in the amount of offshore wind it has installed in its waters. The UK currently has an offshore wind installed capacity of approximately 10GW, with ambitions to reach an installed capacity of 40GW by 2030 as set out by Boris Johnson in the recent … Read more
The cost of offshore wind has dropped by 32% from this time last year according to ongoing research performed by Bloomberg New Energy Finance (BNEF). they have also found that the cost f offshore wind has dropped 12% in 2019 alone! BNEF have updated their Levilised Cost of Energy (LCOE) and have found that the … Read more
TenneT is calling for greater offshore wind ambition in Europe, during a visit by German minister Stephan Weil to the construction site of the 900MW BorWin5 offshore grid connection. The grid operator’s managing director Tim Meyerjurgens said: “TenneT has now met and even significantly exceeded the Federal Government’s expansion targets for sustainable North Sea wind … Read more
The UK has launched the new joint government-industry Offshore Wind Sector Deal which will see offshore wind reach the connected capacity of 30GW and deliver one-third of the UK’s electricity by 2030. The deal also includes a GBP 250 million Offshore Wind Growth Partnership to develop the UK supply chain as global exports are set to increase fivefold to … Read more