GE Energy, world’s leading suppliers of power generation and energy delivery technologies, has welcomed the UK Government’s publication of the Electricity Market Reform (EMR) proposals, which focus on modernising the UK’s energy system and driving low carbon technology investments. The proposal will help cut the UK greenhouse gas emissions by 80% by 2050. According to … Read more
A £70 million investment fund to secure Scotland’s place at the forefront of the global offshore wind industry has been announced by the Scottish Government. The National Renewables Infrastructure Fund – to strengthen port and manufacturing facilities and supply chain provision for manufacturing offshore wind turbines and related components – will leverage significant private sector … Read more
The UK will miss its 2020 renewable energy targets unless a ‘quantum leap’ in offshore wind capacity investment is achieved, with reforms to the energy markets to attract pensions and life assurance funding, according to analysis by PricewaterhouseCoopers (PwC). Offshore wind plays a make or break role in the UK’s renewable energy strategy. It is … Read more
Corus, Europe’s second largest steel producer, is diversifying into the wind power market and has unveiled plans to construct a new £31.5-million manufacturing plant at Teesside in England. Preliminary engineering work is underway at the Corus Redcar site to develop a new facility to produce steel foundation structures – called monopiles – used to secure … Read more
Energy giant E.ON, which operates wind farms in Northern Ireland and Britain, has become the latest investor to back the Carbon Trust’s Offshore Wind Accelerator (OWA), a pioneering industry initiative to slash the costs of offshore wind power. EON is teaming up with five founding members that include offshore wind developers: DONG Energy; RWE Innogy; … Read more