Ørsted Posts All-Time High Offshore Wind Earnings
The title of this post, is the same as that of this article on offshoreWIND.biz.
This is the sub-heading.
World’s leading offshore wind developer, Ørsted, has reported DKK 6.9 billion (EUR 926 million) operating profit (EBITDA) for the first quarter of 2023, DKK 2.5 billion less compared to the same period a year earlier.
For those, who are sceptical about offshore wind, these results must surely pour cold water on your views.
The profits also appear to have in part been driven by the commissioning of the Hornsea Two wind farm.
Boralex Commissions BESS At Wind Farm In France In EU-Supported Demonstration Project
The title of this post, is the same as that of this article on Energy Storage News.
These two paragraphs outline the project.
Canada-based renewable energy firm Boralex has turned on a 3.3MWh battery storage unit attached to a wind farm in France.
The battery storage project has been installed at the site of the Plouguin wind farm, an 8MW generating facility in the Finistere department of Brittany, northwest France.
Note.
- The project was co-financed by the European Union through its European Regional Development Fund (ERDF).
- The project was launched to demonstrate the technical feasibility of a hybrid wind-plus-storage project.
- Boralex added in its announcement that the project will contribute to the stability of the French electricity grid.
There will be a lot of projects like this in the future.
This paragraph makes an interesting point about using batteries with solar and wind power.
Wind farms are less frequently hybridised with energy storage than solar PV because of the larger minimum project size and less predictable variability, with sharper peaks meaning heavier battery cycling and potentially faster degradation.
My control engineering knowledge and experience says that larger power sources and those that are highly variable will need batteries with more capacity for the same stability and quality of power output.
This sounds to me like a very good reason for developing larger and more affordable batteries, like those of Cheesecake Energy, Energy Dome, Gravitricity and Highview Power.
It also probably means that to stabilise several gigawatts of wind power, you need a very large amount of storage, that can only be provided by pumped storage hydroelectricity.
Conclusion
A very large amount energy storage is going to be needed.
Projects like these are essential to make sure we use them to their full possibilities.
Italy’s Energy Dome Raises $44 million To Focus On CO2 Storage In US
The title of this post, is the same as that as this article on Reuters.
This is the opening paragraph.
Energy Dome, an Italian startup focusing on CO2 energy storage solutions, said on Friday it had raised 40 million euros ($44 million) from investors to fund expansion in the U.S.
It looks like another European company chasing Biden’s dollars.
Quinbrook Breaks Ground On ‘Largest’ Solar And Storage Project In The UK
The title of this post, is the same as that of this article on Energy Storage News.
These three paragraphs outline the project.
Quinbrook Infrastructure Partners has started construction on Cleve Hill Solar Park, the largest solar and energy storage project in the UK, it claimed.
The specialist global investment manager revealed the Kent-based project, which consists of 373MW of solar and “more than” 150MW of battery energy storage, is expected to be fully completed by the end of 2024.
Once complete, Cleve Hill Solar Park will consist of 880,000 solar panels and battery storage. It was granted development consent by the energy secretary in May 2020.
It is my view, as a Control Engineer, that all solar farms and wind farms should be paired with an appropriately-sized energy storage device.
If this project works out well, we should repeat it on other solar farms of a similar size.
Three Players Pursuing Floating Offshore Wind Opportunities At Barents Sea Oil Field
The title of this post, is the same as that of this article on offshoreWIND.biz.
This is the sub-heading.
Norwegian oil and gas company Vår Energi has entered into a collaboration with a consortium consisting of Odfjell Oceanwind and Source Galileo to explore opportunities for floating offshore wind through a pilot project at a field located in the Barents Sea off Norway.
The article mentions the Goliat oil field, which is located 85 kilometres (53 mi) northwest of Hammerfest.
This Google Map shows the location of Hammerfest.
Note.
- Hammerfest is marked by the red arrow.
- Hammerfest is the northernmost town in the world with more than 10,000 inhabitants.
- The furthest North, I’ve been in Europe is to Trondheim, which is in the South-West corner of the map.
- To the East of Hammerfest Norway and Russia have a common border and beyond that is the Russian port of Murmansk.
Many years ago, my first visits to Ipswich Town were courtesy of the Official Receiver for Ipswich; John Richardson, who was my parents’ next door neighbour in Felixstowe.
John was an interesting guy, who during the Second World War had been on the Arctic convoys to Murmansk and Archangel. The Wikipedia entry for Arctic Convoys Of World War Two, gives some details.
His descriptions of the weather in the area were horrendous and it makes me wonder why the Norwegians want to extract oil in those conditions. And now generate wind power.
This is the first sentence of the article.
Vår Energi disclosed the deal on Wednesday, 26 April 2023, explaining that the project, called GoliatVind, was a pilot project to demonstrate new, Norwegian offshore wind technology.
So is it all about new technology?
Ultra Safe Nuclear, Hyundai Engineering, SK Ecoplant Sign MOU For Clean Hydrogen Production
The title of this post, is the same as that of this press release from Ultra Safe Nuclear Corporation.
These are the first two paragraphs.
Ultra Safe Nuclear Corporation, the U.S.-based global leader in the deployment of fourth-generation gas-cooled microreactors, Hyundai Engineering (Representative Director Hong Hyun-sung) and SK ecoplant (Representative Director Park Kyung-il) are teaming up to conduct research and development for carbon-free hydrogen production. The three companies signed an MOU on Thursday, April 20th for the construction of a “Hydrogen Micro Hub” at the SK ecoplant headquarters in Seoul’s Jongno-gu.
The “Hydrogen Micro Hub” is a facility that produces hydrogen by applying a high-temperature electrolysis process of solid oxide electrolysis cells (SOEC) to the electricity and high-temperature steam generated by USNC’s Micro-Modular™ Reactor (MMR®). This is a carbon-free hydrogen production method that extracts hydrogen by decomposing water with electricity generated from nuclear power.
Ultra Safe Nuclear Corporation has a web site.
- Ultra Safe Nuclear Corporation, is a U.S. corporation headquartered in Seattle.
- Canada appears to be deeply involved.
- Innovate UK appears to have dished out a grant.
- They appear to have sold five of their MMRs.
The company could be a serious competitor in the market for small modular nuclear reactors.
Gazelle Wind Power Unveils Third Generation Floating Offshore Wind Platform Technology
The title of this post, is the same as that, of this press release from Gazelle Wind Power.
There is a visualisation in the press release and it looks very different.
This is the first paragraph.
Gazelle Wind Power (Gazelle), the developer of a modular floating offshore wind platform, is unveiling third generation technology this week at WindEurope 2023 in Copenhagen, Denmark. The company’s enhanced design further refines Gazelle’s solution to address the primary challenges facing the offshore wind industry—such as cost, supply chain bottlenecks, and sustainability—by providing a lightweight, cheaper design that minimizes the impact on fragile marine environments while using existing port infrastructure.
It looks like they’ve set themselves a tough set of objectives.
These are a few points from the press release.
- A one-gigawatt offshore wind farm using Gazelle’s solution would save 71 kt of steel and reduce emissions of approximately 100 kt of carbon dioxide.
- The company’s platform can be quickly and simply installed at project sites because it requires no specialist cranes or vessels.
- The platform’s unique geometry provides reduced draft in port, which means it floats higher in the water enabling the use of shallow ports.
- Through industrial innovation, the platform components can be adjusted to accommodate all forecasted offshore wind turbine sizes, including the current 15MW or greater capacities.
- Our platform can be produced anywhere in the world, supporting job creation through regionalized manufacturing.
When I look back on how offshore oil and gas platforms changed in the North Sea over a couple of decades, I’m not surprised to see this innovative design.
I wish the company the best of luck. But I don’t think they’ll need it!
Oceans of Energy To Build Offshore Solar Array At Hollandse Kust Noord Offshore Wind Park
The title of this post, is the same as that of this article on offshoreWIND.biz.
This is the sub-heading.
Oceans of Energy has been awarded the contract for installing and operating offshore solar farm inside the Hollandse Kust Noord offshore wind park being developed by CrossWind, a joint venture between Shell and Eneco.
This is the first paragraph.
This is set to be the first offshore solar farm in the world to be connected, installed, and operated within a wind farm in high wave conditions. The offshore solar farm will be realized in 2025, while the wind park will be operational by the end of 2023, according to Oceans of Energy.
These are some other points from the article.
- It looks like the solar will be floating.
- The wind/solar farm will have offshore battery storage.
- Green hydrogen will be generated offshore.
This wind/solar farm will be all things to all men and women.
Moray West First UK Round 4 Offshore Wind Project To Reach Financial Close
The title of this post, is the same as that of this article on offshoreWIND.biz.
This is the sub-heading.
Moray West Offshore Wind Farm, owned by Ocean Winds and minority shareholder Ignitis Group, has secured GBP 2 billion of non-recourse project finance and reached financial close, the developers announced on 21 April and said this was the first project from the UK’s Contract for Difference (CfD) Allocation Round 4 to reach this milestone.
This is the first paragraph.
The construction work for the wind farm has already started, with this phase of the project set to create 1,000 direct jobs in the UK. With financial close in place, the project will now move to secure the remaining elements of supply chain activity in preparation for offshore installation works later this year which will be fully completed by 2025, when the 882 MW Moray West is scheduled to be fully operational.
That sounds good for Scotland and electricity users in the UK.
But this paragraph is probably the most important.
According to its developers, the 882 MW offshore wind farm is the first in the UK to rely in majority on corporate power purchase agreements (CPPAs) for the commercialisation of its output. CPPAs were signed with long-term strategic partners, for more than 50 per cent of the project’s output, enabling the rapid progress of the project. The vital CPPAs were originated in partnership with ENGIE and represent the largest contracts of their kind implemented in the UK market to date, Ocean Winds said in a press release.
There’s not much point in making something that nobody wants to buy at the price you need for a profitable sale.
But with all those CPPAs, one of which is with Google, Moray West wind farm appears to be on his way.
Thor Offshore Wind Farm To Feature Siemens Gamesa’s Newly Launched GreenerTowers
The title of this post, is the same as that of this article on offshoreWIND.biz.
This is the sub-heading.
Siemens Gamesa has revealed its GreenerTower, a wind turbine tower made of more sustainable steel. The company already closed its first order with RWE to feature 36 of the GreenerTower units at the 1 GW Thor offshore wind project in Denmark.
This is the first paragraph.
Today, tower production accounts for more than one-third of all wind-turbine-related CO2 emissions, according to Siemens Gamesa.
Siemens Gamesa’s new GreenerTower will ensure a CO2 reduction of at least 63 per cent in the tower steel plates compared to conventional steel.
Siemens Gamesa also claim this.
If all towers installed by the company in one year were exchanged with GreenerTowers, it would be the same as removing more than 466,000 cars from the roads in Europe for a year.
The first supplier to be qualified is Salzgitter AG.
- I wrote about Salzgitter’s green steelmaking in WindH2 Hydrogen Project Commissioned In Germany.
- Only a maximum of 0.7 tonnes of CO2-equivalent emissions are permitted per tonne of steel while maintaining the same steel properties and quality.
- Salzgitter’s electric furnaces will be fed with green electricity produced by renewable energy sources.
- Salzgitter AG have recently signed a Power Purchase Agreement (PPA) with Iberdrola.
- It looks like Salzgitter AG are going both the electric and hydrogen route to green steel.
I suspect over the next few years, we’ll be seeing more steel products made with green steel.
In this case, I suspect that Siemens Gamesa could use the same production process with very little modification, which is a great advantage.
The Anonymous Widower 