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☆ Norway's Statkraft may return to British offshore wind
▼ + stars: | 2023-11-10 | by ( Nora Buli | ) www.reuters.com time to read: +2 min

REUTERS/Phil Noble/File Photo Acquire Licensing RightsCompanies Statkraft AS FollowOSLO, Nov 10 (Reuters) - Norway's state-owned Statkraft could return to the British offshore wind market, but its key focus remains Ireland, Norway and Sweden, its CEO told Reuters on Friday. He expected future rounds were being re-calibrated after Britain's most recent renewable energy auction failed to attract new offshore wind projects as subsidies were deemed too low and not reflecting rising costs in the industry. Statkraft is also already one of Britain's biggest onshore renewables developers, has a large office in London and knows the market well from previous offshore wind projects, he said. Still, the company's main focus for offshore wind is Ireland, where it is developing 2.2 gigawatts (GW) together with partner Copenhagen Infrastructure Partners. It also plans to participate in Norway's first offshore wind auctions and in October bought Swedish Njordr Offshore Wind, which has an early-stage development pipeline of 21 GW.

Persons: Phil Noble, Toennesen, Statkraft, Nora Buli, Alexander Smith Organizations: Burbo, REUTERS, OSLO, Reuters, Dogger Bank, Triton, Copenhagen Infrastructure Partners, Thomson Locations: Mersey, Liverpool, Britain, Ireland, Norway, Sweden, London, Dudgeon, Sheringham, England

☆ Check out the giant ship critical to building the world's biggest offshore wind farm
▼ + stars: | 2023-10-16 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +5 min

As wind turbines get bigger, the vessels that install them are having to change, too. VCG | Visual China Group | Getty ImagesA project to build a facility described as "the world's largest offshore wind farm" took a big step forward this month by producing its first power. The sea in the Dogger Bank Offshore Development Zone is up to 63 meters deep, meaning the Voltaire's ability to work in deeper waters is crucial. "Off the Scottish coast, for example, expensive floating windfarms are often the only way to tap into offshore wind," he said. Søren Lassen is head of offshore wind research at Wood Mackenzie, a research and consultancy group.

Persons: De Nul Group's, GE Vernova's, Voltaire —, De, —, Jan De Nul Group's Voltaire, Voltaire, Jan De Nul, Jan De Nul's Rutger Standaert, Standaert, Søren Lassen, Wood Mackenzie, Lassen, David L, Ryan, Wood Mackenzie's Lassen Organizations: Visual China, Getty, Dogger Bank Wind, GE, Dogger Bank, Dogger Bank Offshore Development, COSCO Shipping Shipyard, CNBC, Boston Globe, GE Offshore, Blades, U.S Locations: China, North, Golden, Dogger, U.S

☆ CNBC Daily Open: The Israel-Hamas war shouldn’t affect markets much
▼ + stars: | 2023-10-10 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets shook off fearsU.S. stocks rose Monday despite a 4% spike in oil prices caused by the Israel-Hamas war. OPEC thinks global oil demand will reach 116 million barrels per day by 2045, around 6 million more bpd than its prediction last year. Dogger Bank Wind Farm, described as the "world's largest offshore wind farm," began producing energy over the weekend.

Persons: Russell, Europe's, it's, — Organizations: New York Stock Exchange, CNBC, Metro Bank, Palestinian, Hamas, International Energy Agency, OPEC, Dogger Bank Wind Locations: New York City, Israel, Gaza, England, Ukraine, —

☆ The 'world's largest offshore wind farm' produces its first power
▼ + stars: | 2023-10-09 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +1 min

A project described as the "world's largest offshore wind farm" took a major step forward over the weekend after producing its first power. Located off the coast of northeast England in the North Sea, the Dogger Bank Wind Farm is being developed in three phases — A, B and C — and will have a total capacity of 3.6 gigawatts once fully up and running. "The project's first turbine at Dogger Bank A started turning and producing electricity at 8.37pm BST on Saturday 7 October," the Dogger Bank Wind Farm Project said in an announcement Monday. "Power from the first offshore wind turbine is now being transmitted to the UK's national grid via Dogger Bank's high-voltage direct current ... transmission system, marking the first-time use of HVDC technology on a UK wind farm," it added. Dogger Bank is using GE Vernova's huge Haliade-X turbines, which boast blades measuring 107 meters, or about 351 feet.

Persons: Alistair Phillips, Davies Organizations: Dogger Bank, Dogger Bank D, Farm, Dogger Bank's, GE, SSE Renewables Locations: England, North, Dogger

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