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Orsted Warns Offshore Wind Continues To Face Challenges

OilPrice

Despite posting consensus-beating core earnings for the first quarter, Orsted, the worlds biggest offshore wind project developer, on Wednesday warned of a continued challenging environment for the industry with mounting near-term headwinds.

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UK Net-Zero Goal at Risk as Ørsted Cancels Offshore Wind Project

OilPrice

Denmark-based rsted, which won the contract to develop the 2.4GW Hornsea 4 offshore windfarm last year, said it took the decision due to supply chain costs, higher interest rates, and an increase in the risk to construct and operate Hornsea 4 on the planned timeline. The move marks the latest

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Time to share: Energy supply chain awaits UK government to unlock billions of investment

Energy Voice

OEUK's annual share fair event shows why UK government needs to act to support the energy supply chain. The post Time to share: Energy supply chain awaits UK government to unlock billions of investment appeared first on Energy Voice.

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Industry Seeks Sweeter Terms to Develop Offshore Wind in Japan

OilPrice

Offshore wind industry representatives are seeking better auction and fiscal terms from the Japanese government to help companies develop the wind industry potential offshore Japan, industry sources have told Reuters.

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Twelve Scottish Firms Join Offshore Renewables Supply Chain Program

Offshore Engineer

Twelve businesses in the North East of Scotland targeting success in the offshore renewable energy market have been selected for the the U.K.s Fit For Offshore

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UK energy supply chain at risk as 90% eye overseas markets

Offshore Energies UK

Offshore Energies UKs 2025 Supply Chain report says building on the UKs unique industrial strengths in energy production is key to unlocking the Governments ambition to grow the nations economy and build the future of the North Sea.

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UK Government Commits $400M to Bolster Offshore Wind Supply Chain

Offshore Engineer

government has allocated $400 million, via publicly-owned clean energy company Great British Energy, to strengthen the domestic offshore wind supply chain