Orsted News

FACTBOX- Potential Bidders for Norway's First Offshore Wind Areas

Mar 29, 2023

Norway on Wednesday opened tenders for two areas in the North Sea to build wind parks that could produce some 3 gigawatt (GW) of electricity, in a first step towards a goal of producing 30 GW by 2040, garnering strong interest from energy firms…

Ørsted Taps Havfram Wind for Hornsea 3 Offshore Wind Farm Turbine Installation

Mar 21, 2023

Denmark-based offshore wind farm developer Ørsted has hired Havfram Wind to install wind turbines at its Hornsea 3 offshore wind farm in the UK.The installation of the turbines is expected to start in the autumn of 2026, with Havfram Wind set…

Orsted Says Huge UK Hornsea 3 Wind Project At Risk Without Government Action

Mar 03, 2023

Development of what would be the world’s largest wind farm off the coast of Britain is in doubt, with developer Orsted saying it needs more support from the government such as tax breaks to proceed with the project after costs soared.The 8 billion pound ($9…

Jan De Nul Starts Gode Wind 3 and Borkum Riffgrund 3 Contract

Mar 17, 2023

Offshore installation company Jan De Nul has officially started the transportation and installation contract for the construction of Ørsted’s 242 MW Gode Wind 3 and 900 MW Borkum Riffgrund 3 offshore wind farm in Germany.The first batch of three…

Ørsted, Eversource Bid to Build 884MW Offshore Wind Farm in Rhode Island

Mar 14, 2023

Offshore wind developers Ørsted and Eversource said Monday they had submitted a joint proposal in response to Rhode Island's offshore wind solicitation. Ørsted said that the proposed project, named Revolution Wind 2, would, if selected, create 'hundreds…

Britain's Tax Take Risks Blowing Green Energy Off Target

Mar 13, 2023

A cap on revenue and the lack of the kind of incentives offered to oil explorers are blocking the development of renewable energy in Britain, say industry officials who are pressing for changes ahead of this week's budget.The British government has set targets for major increases in wind generation…

Denmark Resumes Review of Two Suspended Offshore Wind Farm Applications

Mar 06, 2023

Denmark has resumed its review of two of the 33 offshore wind farm applications it suspended last month over worries of breaching European Union state aid rules, the Energy Agency said on Friday.Denmark, which aims for a fivefold increase in offshore wind power capacity by 2030…

Inside BP's Plan to Reset Renewables as Oil and Gas Boom

Mar 07, 2023

BP hasn't fallen out of love with renewables. It just wants to have more power. CEO Bernard Looney's pursuit of green energy outstripped all rivals three years ago when he outlined a radical blueprint to move away from fossil fuels. Last month he applied the brakes…

FACTBOX - Carbon Capture and Storage Projects Across Europe

Mar 07, 2023

Efforts to remove carbon dioxide (CO2) emissions from industry and store them underground storage have gained steam across Europe over the past few years as countries seek to meet their climate goals.The interest in carbon capture and storage…

DNV, Partners Launch JIP to Assess Offshore Wind Installation Emissions

Feb 27, 2023

The maritime classification society DNV has, with its partners, launched a joint industry program to establish a monitoring and reporting framework for assessing greenhouse gas (GHG) emissions in the offshore wind installation sector. The partners of the JIP called EMRED…

Two Energy Giants, Two Green Projects: One Double-booking in North Sea

Jan 24, 2023

Oil major BP plans to build a vast carbon capture project beneath the North Sea that would be crucial to Britain hitting its emissions targets. Power giant Orsted aims to build a huge offshore windfarm to help the country meet renewable goals…

Denmark to Issue Tenders for 9 GW of Offshore Wind in 2023; May Review Suspended Applications

Feb 22, 2023

Denmark will issue public tenders for offshore wind projects this year and may resume reviewing applications that had been suspended over worries of breaching European Union state aid law, the country's energy minister said on Tuesday. The Nordic country…

UK: Carbon Storage Project Delays Offshore Wind Farm Decision

Feb 14, 2023

Britain has delayed until mid-July a decision on whether to grant permission for Orsted's giant Hornsea Four offshore windfarm, whose footprint on the sea floor partially overlaps that of a BP-led carbon capture project. The planned 2.6-gigawatt…

BP Aims to Double Offshore Wind Team. Global Hiring Spree Set to Kick Off Soon

Feb 16, 2023

BP is set to hire over 100 employees to its offshore wind division as the energy company rapidly expands its operations in the fast-growing sector around the world.The hiring process will begin in the coming weeks, as part of BP's ambition to…

Spain's Iberdrola Considers U.S. Renewables Stake Sale, Sources say

Jan 23, 2023

Spanish power company Iberdrola is considering the sale of a stake in its U.S. renewables business to help to finance new investments, two sources with knowledge of the matter told Reuters. One of the sources said that Iberdrola had appointed…

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