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Content Iss. 2022-10-27

Welcome to the new issue of the Windfair Newsletter.
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 EDITORIAL
Australia fights high electricity prices
Detail_australian_government_20221026Since Russia's war against Ukraine, energy prices have skyrocketed worldwide like in Australia with the government taking countermeasures and thus coming under oppositional fire.

Australia has a new government since the end of May this year. Labour Prime Minister Anthony Albanese had already promised during the election campaign that his country, which still generates 80 percent of its electricity from coal, would in the future focus on expanding renewable energies and advancing the energy transition. This is one of the reasons why he was elected to office, as Australians have felt the effects of global climate change first hand in recent years through devastating forest fires and floods.

In December 2021, as part of his election campaign ...

 HIGHLIGHTS
Europe's PPA prices spike
List_geld_5European energy markets are being stress-tested as the region simultaneously tackles two major challenges: figuring out how to rapidly establish energy independence from Russia, while also transitioning to a carbon-neutral ...
FERC foresees very strong solar and wind growth in the near-term
List_wind_solar_2Renewables provide almost 70% of new US capacity in first two-thirds of 2022 and the trend will continue.

According to a review by the SUN DAY Campaign of data recently released by the ...

"Time is not on our side"
List_wind_solar_4WMO’s State of Climate Services annual report, which includes inputs from 26 different organizations, focuses on energy this year - and it's not looking good.

WMO’s State of Climate Services annual report, which includes ...

Westwood: "Incredibly exciting time for the offshore wind market"
List_offshore_wind_4Westwood says offshore wind will continue to grow rapidly as new countries enter the market.

New analysis from Westwood Global Energy Group (Westwood), the specialist energy market ...

Latin America offshore wind to see 34 GW of installed capacity by 2050
List_offshore_wind_7Activity will be driven by off-grid green hydrogen projects, with Brazil and Colombia leading the way

Driven by the growth of off-grid green hydrogen projects, Latin America will ...

Report: Unlocking Indonesia's untapped renewable energy potential
List_man-4586576_1280The IRENA Outlook shows that Indonesia’s share of renewable energy could reach two-thirds of the country’s total energy mix in 2050, up from just 14 per cent today.

Unlocking ...

 WINDFAIR EDITORS
TotalEnergies and Casa dos Ventos create joint venture
RES and Modvion to work together
Detail_downloadRES and Modvion have signed a letter of intent to include Modvion’s wooden wind turbine towers in future wind energy projects.

RES Nordics will promote Modvion’s modular, wood-based, tower technology to their wind turbine suppliers in the hope, for the turbine manufacturers to purchase wooden towers to use in RES developed wind farms. Modvion will supply RES-developed wind farms with around 20 towers per year from 2026 to 2036. This represents an order for Modvion of around 4 billion Swedish ...

Envision Energy signs 20-year PPA in Bangladesh
Detail_windrad_2Envision Energy has signed a Power Purchase Agreement (PPA) with Bangladesh's state-owned utility, Bangladesh Power Development Board (BPDB), the company announced.

Envision Energy will build a 55MW wind farm at Mongla in Bagerhat, and BPDB will purchase all the electricity generated from this wind farm at a levelized tariff of US$ 13.20 Cents, equivalent to Tk 10.56 per kilowatt hour over the period of 20 years. 

Mongla Wind Farm will be equipped with Envision's ...

 NEWS of the WEEK
R&D essential for reaching climate goals
List_windeurope_20221027Targeted R&I investments for wind energy will be key for reachinf the European Commission's goal of 510 GW of wind by 2030.

The European Commission wants 510 GW of wind by 2030 up from 190 GW today. Targeted ...

GE announces Q3 results
List_ge_20220203GE plans to initiate a restructuring program across its GE Vernova businesses, primarily at Renewable Energy, that is expected to deliver $0.5 billion in annualized savings.

GE (NYSE:GE) announced results today for the third ...

Statkraft analyses global energy market towards 2050
List_solar_5Statkraft’s new analysis estimates an average yearly increase of solar capacity in the EU of between 45 and 52 GW towards 2030 way more than before war against Ukraine.

For the seventh year in a row, Statkraft's ...

More women needed in community wind
List_wind_frau_1For the LEE NRW and the WWEA, especially community energy groups with their local roots are “indispensable drivers for the transformation of the energy world”, says Gellert. “We need many more women in these initiatives with their life experiences, ideas and...
PNE statement concerning market rumours
List_geld_gr_en_4Photon Management GmbH, a company controlled by Morgan Stanley, is the largest shareholder in PNE AG.

Photon Management GmbH, a company controlled by Morgan Stanley, is the largest shareholder in PNE AG. Morgan ...

ABO Wind commissions its first stand-alone battery storage system
List_abo_20221024Largest battery project built by ABO Wind to date connected to the grid / The plant in Kells, Northern Ireland one of the fastest storage systems in the world / The plant is owned by SUSI Partners’ energy storage fund / Many other...
Wales wants to produce its own renewable energy
List_welsh-flag-2412265_1280The Welsh Government has announced to create a state-owned renewable energy producer to scale up rthe enewable energy rollout in the country.

Speaking in the Senedd this afternoon, the Minister said energy profits created in ...

RenewableUK rallies for wind energy as cost saver
List_wind_solar_1Costs for wind power have fallen sharply over the past 7 years, with the latest round of offshore wind projects coming in 70% cheaper than those awarded contracts in 2015, says RenewableUK's latest analysis.

Coinciding with ...

Ørsted and WWF announce partnership
List_orsted_20221026The partnership wants to innovate and test tangible initiatives that improve ocean biodiversity in general and can be used as additional measures to achieve a net-positive impact on biodiversity.

Climate change is ...

DNV and JIP partners enter Phase 2 to develop best practice guidelines for safer offshore installations
List_dnv_20221025The absence of guidelines and models to fully understand bottom-impact forces and operations in the semi-jacked condition triggered the initial ...
Ørsted and CIP to develop 5.2 GW of offshore wind projects in Denmark
List_orsted_20221025Ørsted and CIP have decided to join forces in a new 50/50 partnership to develop a number of offshore wind projects under the open-door scheme in Denmark.

Ørsted and CIP have ...

REA response to announcement of the next Prime Minister
List_uk_1REA responds to the announcement of Rishi Sunak as the next UK Prime Minister / Recent political uncertainty has posed a threat to the deployment of renewables and clean technologies that can help achieve the overall goal of reaching Net Zero...
RenewableUK urges new Prime Minister to boost renewables
List_offshore_wind_9To seize the opportunities, RenewableUK is urging Rishi Sunak to reassess of some of the Conservatives’ recent measures which risk undermining confidence among investors, such as the energy price cap.

“Cutting ...

Ørsted sells US assets to ECP
List_orsted_20220113Developer Ørsted sells three onshore wind farms and one solar farm to Energy Capital Partners.

The portfolio, comprised of the onshore wind farms Lincoln Land Wind, Plum Creek Wind, and Willow Creek Wind as well as the ...

Ocean Winds awarded environmental decision for Polish wind farm
List_offshore_6The decision was taken by the Regional Directorate for Environmental Protection (RDOS) for the BC-Wind offshore wind farm.

The decision was taken by the Regional Directorate for ...

RWE key industry sponsor in Offshore Renewable Energy (ORE) Catapult Launch Academy
List_rwe_20220118RWE proud to be part of ORE Catapult’s programme to accelerate new technology innovations for offshore wind / Programme enhances the UK’s offshore wind supply chain, enabling greater UK content / RWE’s Sofia team...
EDPR inaugurates new wind farm in Poland
List_edpr_klein_20221021The facility, situated in Budzyn – western Poland, has a total capacity of 70 MW and will produce enough energy to power more than 85,000 households / The undertaking reflects EDPR’s commitment to the energy transition and energy independence of Poland, and...
 EVENTS
2022-10-27 ​Ho Chi Minh City: Solar PV Show Vietnam
2022-10-27 Ho Chi Minh City: ASEAN WIND ENERGY 2022
2022-11-01 London: Cables 2022
2022-11-02 London: Offshore & Floating Wind Europe 2022
2022-11-08 Rimini: Key Wind - The Renewable Energy Expo
2022-11-08 Linstow: 30. Windenergietage 2022
2022-11-08 Galveston: Offshore Wind Executive Summit
2022-11-08 San Francisco: Reuters Events: Floating Wind USA 2022
2022-11-09 Charleston: OSW Grid & Transmission Summit
2022-11-09 Akita City: Global Offshore Wind Summit - Japan 2022
2022-11-09 Islamabad: International Renewable Energy Meet
2022-11-10 Newport |: Future Energy Wales 2022
2022-11-15 London: RenewableUK Legal & Commercial Conference
2022-11-15 Hannover: EnergyDecentral 2022
2022-11-16 .: Africa Wind Energy 2022
More events and info on Wind Events  Want your event here?
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