More than 200GW worth of new offshore wind projects have been announced around the world since 2020, according to new figures published this week, but regulatory hurdles and supply chain constraints will nevertheless hinder the completion of the entire pipeline by 2030. The new figures were published this week by renewable energy consultancy The Renewables Consulting Group (RCG) in their 2020 Global Offshore Wind Annual Market Report. The headline good news reveals that 2020, despite the impact of the global COVID-19 pandemic, was nothing short of spectacular, with 200GW of new offshore wind projects announced since the beginning of 2020.
Offshore Wind 24th June 2021 read more »
Crown Estate set for windfall from green energy revolution. Crown Estate added £ 1 billion to its portfolio value last year, thanks to the offshore wind boom. This is the clearest indication that the monarch’s real estate company is set up to substantially benefit from the UK’s green energy transformation.
FT 23rd June 2021 read more »
Her Majesty’s pleasure: Wind farm windfall sends Crown Estate value soaring. A raft of new wind farms has sent the value of the Queen’s property holdings up 7.5 per cent over the last year, the Crown Estate announced today. The portfolio, which comprises London’s Regent Street, the seabed and half of the foreshore around England and Wales, is now worth £14.4bn.
City AM 24th June 2021 read more »
Telegraph 24th June 2021 read more »
Times 24th June 2021 read more »
Norwegian energy giant Equinor is the latest company to confirm its involvement in Scotland’s offshore wind leasing round. The Stavanger-headquartered company is currently preparing applications to obtain seabed acreage ahead of the ScotWind deadline next month. Equinor said the North Sea has “among the world’s best” natural resources, with the area forming the “backbone” of its offshore wind portfolio.
Energy Voice 24th June 2021 read more »
AMID booming interest in renewables, regulators in the UK must ensure that all stakeholders are beneficiaries of windfarm developments and the like and not just shareholders in big corporations. The July 16 deadline for applications under the ScotWind licensing round is fast approaching and the indications are that a range of giants are competing to get control of the choicest offshore acreage.
Herald 24th June 2021 read more »