WindEurope urges Germany to drop negative bidding in wind auctions, switch to CfDs
Germany’s auction for 2.5 GW of offshore wind failed to attract bids, exposing the inadequacy of negative bidding, says WindEurope.
WindEurope: EU must boost investment in ports, ships to meet offshore wind targets
In the past three years, EUR 6.7 billion has been invested in ports and new vessels, but a further EUR 6.4 billion is needed, WindEurope says.
IRENA: 91% of new renewables units are more cost-effective than fossil fuel alternatives
Renewables maintained their cost leadership in global power markets, the International Renewable Energy Agency said in an annual report
ENTSO-E proposes delaying CBAM on electricity by one year
ENTSO-E recommended to the EU to prolong the transitional period of the Carbon Border Adjustment Mechanism (CBAM) for electricity by a year
Equinor resumes New York offshore wind project of 810 MW after stop-work order lifted
The project's first phase, the 810 MW Empire Wind 1, is expected to generate electricity for some 500,000 homes in New York
Romania to commission offshore wind study, targeting 3 GW by 2035
Romania is receiving expressions of interest for a study identifying areas in the Black Sea for concessions for offshore wind farms
Wind farms turn Greece into net exporter of electricity
Wind energy played a crucial role in turning Greece into a net electricity exporter last year, for the first time since 2000
Major offshore wind projects shelved in another blow to industry
Ørsted decided to halt its Hornsea 4 project in the UK, while the US stopped the construction of Equinor's Empire Wind 1 facility