Renewables

New this year at International Offshore Wind Partnering Forum (IPF), the Business Network for Offshore Wind has partnered with SeaAhead, a blue tech startup platform that helps accelerate the growth and development of new companies who are working on issues related to ocean industries and sustainability.

By Bahzad Ayoub, Senior Analyst, Westwood Global Energy Group

As part of its updated energy strategy to increase energy security and accelerate the energy transition, the UK is expected to increase its offshore wind targets, which currently stand at 40GW by 2030 and 100GW by 2050.

U.S. Secretary of Energy, Jennifer M. Granholm, and EU Commissioner for Energy, Kadri Simson, will co-lead the 2022 U.S.-EU Energy Council High-Level Business Forum on Offshore Wind Energy, held in conjunction with the 2022 International Offshore Wind Partnering Forum (IPF) in Atlantic City, New Jersey. The U.S.-EU Energy Council is the lead transatlantic coordination forum on strategic energy issues.

The Carbon Trust’s Offshore Wind Accelerator (OWA), a collaboration between nine offshore wind developers, is launching 16 new research and development (R&D) projects this year. These span five key areas of logistics and operations and maintenance, cables, electrical systems, foundations, yield and performance.

Equinor has been awarded the operatorships for the development of the CO2 storages Smeaheia in the North Sea and Polaris in the Barents Sea. The two licenses are important building blocks for developing the Norwegian continental shelf into a leading province for CO2 storage in Europe.

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