Wind Energy

The European Union has been funding wind power as a priority in energy policy. Buildout has been fast and sizable—and yet the bloc remains more dependent on coal than wind. This dependence could deepen instead of vanishing because the pace of new capacity additions is slowing down. Last year, the …

The latest statistics from the National Energy System Operator (NESO) have revealed that wind power has overtaken gas as the largest single source of electricity for the first time. In 2024, wind turbines supplied 30% of the UK’s electricity despite a year of unusually low wind speeds. December, the windiest …

Rosatom Renewable Energy, the wind power division of Russia’s State Atomic Energy Corporation Rosatom, has signed an investment agreement with Kyrgyzstan’s Cabinet of Ministers to construct and operate a 100 MW wind farm in Kok-Moinok village, located in the Issyk-Kul region The agreement was formalized by Taalaibek Ibraev, Kyrgyzstan’s Minister …

Europe is starting to reach its limit when it comes to wind power. Countries like Denmark and Sweden, once leaders in expanding offshore wind capacity, are now hitting obstacles as power prices and incentives fall too low to support new projects, according to Bloomberg. A recent Danish auction for offshore …

BP has decided to merge all its offshore wind business into a new joint venture with Japan’s energy firm JERA, to which the companies will provide up to $5.8 billion for investments by 2030, the UK-based supermajor said on Monday as it shifts its focus back on oil and gas. …

The world is far from reaching its offshore wind capacity installation targets amid rising costs and canceled lease sales, analysts and government and industry representatives have told Reuters. Last year, governments set a goal to triple overall renewable energy capacity by 2030. Currently, the world is off track to reach …

China recently unveiled what it says is the largest and most powerful floating offshore wind turbine in the world. The reason this is being viewed as a substantial claim is that the country is now announcing record breaking floating wind turbine technology in the one major area of renewable energy …

Turkey will need $108 billion of public and private investment as it aims to quadruple its wind and solar energy power capacity to 120,000 MW by 2035, Energy Minister Alparslan Bayraktar said on Oct. 21. Speaking at an event to announce Turkey’s roadmap in the field of renewable energy, Bayraktar …

The global pipeline of floating offshore wind projects has hit 266GW, an increase of 9% over the past year, according to a new report by RenewableUK. The number of projects has increased globally during that time from 285 to 316. The pipeline includes projects at any stage: fully operational, under …

Europe has experienced negative energy prices several times this year, as the rapid pace of development of solar and wind energy outpaces the region’s ability to cope with excess supply. Electricity prices dropped into negative figures for 7,841 hours during the first eight months of 2024, sometimes to as much …