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Top related persons:
Sweden’s Vattenfall - 2 Andrew Boyers - 1 Jefferies - 1 Denmark’s - 1 LCPDelta - 1 Neil Unmack - 1 Streisand Neto - 1 Mads Nipper - 1
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Watchfield Swindon Britain British U.S United States
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Thomson - 2 REUTERS - 1 Jefferies - 1 Grantham Research - 1 U.S - 1 Siemens - 1

Search resuls for: "Sweden’s Vattenfall"


2 mentions found


☆ Britain solves half of its wind power problem
  + stars: | 2023-11-16 | by ( George Hay | ) www.reuters.com   time to read: +4 min
REUTERS/Andrew Boyers Acquire Licensing RightsLONDON, Nov 16 (Reuters Breakingviews) - Maybe UK wind isn’t a busted flush after all. Britain needs 50 gigawatts (GW) of offshore wind by 2030, against 14 GW completed now and around 13 GW in development. It will also increase by 52% for floating offshore wind projects, from 116 pounds per MWh to 176 pounds per MWh. In AR6, offshore wind will also be given a separate funding pot in recognition of the high number of projects ready to participate. The UK aims to deliver 50 gigawatts (GW) of offshore wind by 2030, including up to 5 GW of floating offshore wind.
Persons: Andrew Boyers, Sweden’s Vattenfall, Jefferies, Denmark’s, LCPDelta, Neil Unmack, Streisand Neto Organizations: REUTERS, Reuters, Jefferies, Grantham Research, Thomson Locations: Watchfield, Swindon, Britain, British
☆ Orsted’s issues fan way beyond the United States
  + stars: | 2023-08-30 | by ( Yawen Chen | ) www.reuters.com   time to read: +4 min
The 16 billion crown ($2.3 billion) overall hit is over half the book value of Orsted’s U.S. operations. And he’s sticking with assumptions that Orsted’s projects can generate returns of up to 300 basis points over their costs of capital. But the $7 billion hit to Orsted’s market value on Wednesday suggests investors don’t see this as a United States-specific headache. On top of this, the increase in long-dated interest rates in the United States affected both offshore as well as some onshore wind projects and will cause impairments of around 5 billion crowns, Orsted added. Orsted’s share price fell 20% to 444 Danish crowns as of 1038 GMT on Aug. 30.
Persons: Mads Nipper, don’t, Orsted’s, Nipper, Sweden’s Vattenfall, Orsted, Orsted hadn’t, George Hay, Oliver Taslic Organizations: Reuters, U.S, Siemens, Thomson Locations: U.S, United States
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