- Category: Publishers Note
Traditional oil and gas companies backing out of wind energy
In recent developments, big oil and gas companies such as bp and Shell are stepping back from their investments in offshore wind energy. This shift is driven by a mix of financial, strategic and market reasons, marking a significant change in their approach to renewable energy.
- Category: Publishers Note
![Floris Siteur, Publisher Windech International (photographer Frans Dijkstra) Floris Siteur 2024](/images/stories/FlorisSiteur/Floris-Siteur-2024.jpg)
The European Commission has initiated an investigation into Chinese wind turbine manufacturers under the new Foreign Subsidies Regulation. This move follows concerns over the impact of Chinese suppliers offering cheap turbines and generous financing and the subsequent effect of this on the integrity of the European market and fair competition. The recent investigations into Chinese wind turbine manufacturers focus on unfair trade practices in Spain, Greece, France, Romania and Bulgaria.
- Category: Publishers Note
![Floris Siteur, Publisher Windech International (photographer Frans Dijkstra) Floris Siteur 2024](/images/stories/FlorisSiteur/Floris-Siteur-2024.jpg)
The last few years have been challenging for the wind energy sector, with high interest rates, cost inflation resulting in higher costs per megawatt, and supply chain issues. For the year 2022, almost all wind turbine OEMs reported negative results, but it seems that this situation is improving since some of the OEMs have returned to profitability.
- Category: Publishers Note
![Floris Siteur, Publisher Windech International (photographer Frans Dijkstra) Floris Siteur 2024](/images/stories/FlorisSiteur/Floris-Siteur-2024.jpg)
The European Network of Transmission System Operators for Electricity (ENTSO-E) recently unveiled the Offshore Network Development Plans (ONDPs) of the European Union (EU), marking a significant milestone in the region’s commitment to expanding offshore wind energy. The ONDPs, a response to the EU Grid Action Plan, present a cross-border review of existing offshore grid capacity and future requirements.
- Category: Publishers Note
![Floris Siteur, Publisher/Editor in Chief, Windtech International Floris Siteur 2023](/images/stories/FlorisSiteur/Floris-Siteur-2023.jpg)
The wind energy industry has been a rat race for many years, especially when it comes to the offshore market. OEMs have introduced new, often larger turbine models approximately every two years. While these larger turbines promise increased energy production, they come with a substantial downside. The development of new and larger models demands significant investments from OEMs. Moreover, it necessitates the implementation of new methods and technologies for turbine installation, including larger vessels and cranes. Consequently, this puts pressure on the entire supply chain, forcing it to continually invest in new technologies to remain competitive and operational within this dynamic market.
- Category: Publishers Note
![Floris Siteur, Publisher/Editor in Chief, Windtech International Floris Siteur 2023](/images/stories/FlorisSiteur/Floris-Siteur-2023.jpg)
As the world moves towards cleaner, more sustainable energy sources, the wind energy sector has emerged as a key participant. However, beneath the surface of this transition is a complex correlation, including critical minerals that are required for the development and maturation of wind energy technology.
- Category: Publishers Note
![Floris Siteur, Publisher/Editor in Chief, Windtech International Floris Siteur 2023](/images/stories/FlorisSiteur/Floris-Siteur-2023.jpg)
The profitability challenges faced by wind turbine OEMs have become an increasingly pressing concern within the industry. In order to ensure the long-term sustainability of the wind energy sector, it is crucial to implement specific strategies that can enhance the profitability of these OEMs. Let us explore the available options and potential solutions to this complex issue.
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