ees 2019
10 October 2018 2018 12:40 PM GMT

Ørsted Announces Plans For Offshore Wind Farm To Power 1 Million UK Homes

Ørsted, the largest energy company in Denmark has recently unveiled its plans for a sustainable energy solution that will power more than 1 million homes in the UK when completed. The power company will be one of many industry-leading organisations speaking and presenting at the 17th annual Benelux Infrastructure Forum taking place on 21st – 22nd November 2018 in Amsterdam.

Ørsted is partnering with Belgium-based DEME Group, who will be employing their Innovation installation vessel to install 174 monopiles. The large support structures are essentially cylindrical steel tubes extending into the seabed, serving as anchors for the tower. DEME Group are also confirmed to attend this year’s event, along with European Investment Bank, DLA Piper, NWB Bank, Loyens & Loeff and many more.

As the monopiles are massive structures, the Innovation can only carry 4 at a time, one of the reasons why the project’s predicted completion date is 2020 and Ørsted hopes to make it fully operational by then.

Ørsted will be bringing their expertise to this year’s 17th annual Benelux Infrastructure Forum in the form of Marie de Graaf, Head of Business Development, who will be presenting at this year’s two-day conference on “Supporting Green Energy Transition in the Benelux Region”.

Marie will be focusing on the topics of supplying renewable energy to the Netherlands: Borssele Wind Farms, securing continued financing for renewable energy projects, diversifying funding sources over time to minimise re-financing risk, allocating excess liquidity in subsidiaries to group parent, and achieving the 2025 goal: 11-12GW installed offshore capacity.

She has over 10 years’ experience in the Renewable Energy sector in project manager/financial advisor roles, focusing mainly on the development of wind energy projects. She has worked as project manager on various renewable energy projects, in charge of coordinating project teams and stakeholders, including banks, contractors and advisors, as well as various work streams on a project level, such as financial structuring, commercial negotiations of project and finance contracts, and overall process management.

This year’s two-day conference will be the biggest yet, hosting an international gathering of industry leaders from international law firms, banks, investment funds, energy companies, investment, asset and fund managers, insurance companies, European Commission, and engineering consultancies.

Delegates are urged to book their place now to take advantage of an unmatched networking opportunity and meet with some of the biggest names in the industry. For more information about the event, including the latest brochure and other exclusive content such as the past attendees list, visit the website and register your place before 28th September to save £100: http://www.beneluxconf.com/cewpr

Event Note: Benelux Infrastructure Forum, 21st – 22nd November 2018, Apollo Hotel Amsterdam, Amsterdam, Netherlands – Sponsored by Allen & Overy. For sponsorship and delegate enquiries, the contact is Andrew Gibbons via +44 (0) 207 827 6156 or agibbons@smi-online.co.uk.

May 18th 2019
Wind: China Maintains Emerging Markets Top Spot Following 19.7GW Build Boom

Wind industry intelligence service A Word About Wind has launched its Emerging Markets Attractiveness Index report for 2018, which provides insight and analysis into the most attractive emerging markets for wind companies. The index, now in its second year, ranks the top 30 emerging markets that investors should consider when investing in wind in Europe, Africa, Asia and Latin America. The list considers factors including political and economic stability for investors, alongside the growth of electricity demand and potential for wind growth, in order to rank the countries by overall potential. As with last year’s report, China tops the list and the ongoing trade war with the US shows no sign of slowing China’s formidable growth.

May 30th 2019
Battery Boom: Wind And Solar Can Generate Half Of Worldwide Electricity By 2050

Coal is to shrink to just 11% of global electricity generation by mid-century, from 38% now, as costs shift heavily in favour of wind, solar and batteries. Wind and solar are set to surge to almost “50 by 50” – 50% of world generation by 2050 due to reductions in cost. “Cheap battery storage means that it becomes increasingly possible to finesse the delivery of electricity from wind and solar so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear.”

May 30th 2019
EU Approves Ambitious Energy Efficiency Goals, Encourages Clean Energy Feed-In

Europeans will now be entitled to consume, store and sell the renewable energy they produce in line with ambitious targets set by the EU. The targets are to be reviewed by 2023, and can only be raised, not lowered. By making energy more efficient, Europeans will see their energy bills reduced. In addition, Europe will reduce its reliance on external suppliers of oil and gas, improve local air quality and protect the climate. For the first time, member states will also be obliged to establish specific energy efficiency measures to the benefit of those affected by energy poverty. Member states must also ensure that citizens are entitled to generate renewable energy for their own consumption, to store it and to sell excess production.

March 24th 2019
Clean Energy: Most Competitive Source of New Power Generation in the Middle East

Renewable energy is the most competitive form of power generation in GCC countries, according to a new report published by the International Renewable Energy Agency (IRENA). It says that achieving stated 2030 targets brings significant economic benefits to the region including the creation of more than 220 000 new jobs whilst saving over 354 million barrels of oil equivalent (MBOE) in regional power sectors. Furthermore, the power sector’s CO2 emissions can be reduced by 136 million tonnes (22%), while water withdrawals in the power sector can be cut by 11.5 trillion litres (17% reduction) in 2020.

November 16th 2018
India: Improved Monsoon Winds Help Power Producers in 2018 

After a prolonged period of decline, wind speeds in India during the 2018 monsoon season were significantly higher than normal; and up to 20% higher than long-term averages in some regions. These higher wind speeds benefit wind farm production; welcome news for wind energy operators and investors, who have faced several years of lower-than-normal wind energy production during the monsoon period. These increased wind speeds can thus counter recent patterns of decline contributing to an increase in investor confidence with a data-driven approach.

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