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OMNI Features|First Decline in EU Wood Pellet Sales in 2023.Korean Cable Manufacturer Taihan Launches Korea's First Offshore Wind CLV "Palos".German Company Neuruppin Completes Its First 500-Meter Geothermal Drilling Project
Jul. 25 2024
OMNI Features|First Decline in EU Wood Pellet Sales in 2023.Korean Cable Manufacturer Taihan Launches Korea's First Offshore Wind CLV "Palos".German Company Neuruppin Completes Its First 500-Meter Geothermal Drilling Project
According to a report by the U.S. Department of Agriculture, the EU's consumption of wood pellets decreased by 1.2% last year, reaching 24.5 million metric tons. This marks the first decline since 2015. The primary reasons for this decrease are the mild winter and reduced demand from the commercial power sector. The current low prices, combined with government incentives, are expected to support the widespread use of biomass for residential heating in 2024. It is anticipated that demand from the industrial power sector will remain stagnant this year.
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OMNI Features|Parkwind and MJR Power Collaborate to Launch the World-First Offshore Green Energy Charging System.ABL Secures MWS Contract for France-Spain Electricity Interconnection Project.Chinese Wind Turbine Manufacturer Secures First German Order Rising Tensions in the European Trade Market
Jul. 23 2024
OMNI Features|Parkwind and MJR Power Collaborate to Launch the World-First Offshore Green Energy Charging System.ABL Secures MWS Contract for France-Spain Electricity Interconnection Project.Chinese Wind Turbine Manufacturer Secures First German Order Rising Tensions in the European Trade Market
Parkwind has installed an innovative offshore vessel charging station system designed to significantly reduce greenhouse gas emissions from offshore maintenance vessels. This pioneering infrastructure is being utilized for the first time at the Nobelwind wind farm, where vessels can directly use locally produced renewable electricity. Developed by UK partner MJR Power and integrated and deployed in collaboration with Parkwind, this technology represents a crucial milestone in achieving low-carbon maritime transport.
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OMNI Features|South Korea Poised to Become Reactor Supplier for Multiple Countries.Scientists Warn of the Impact of Climate Change Accelerating Annual Surface Temperature in Russia.AI and Green Energy Drive Expansion of Investments in Taiwan by Three Companies
Jul. 23 2024
OMNI Features|South Korea Poised to Become Reactor Supplier for Multiple Countries.Scientists Warn of the Impact of Climate Change Accelerating Annual Surface Temperature in Russia.AI and Green Energy Drive Expansion of Investments in Taiwan by Three Companies
South Korea is set to fulfill its ambition of exporting nuclear power technology and becoming a reactor supplier for several countries. State-owned Korea Hydro & Nuclear Power Co. (KHNP) was selected last week to build 2 multibillion-dollar reactors in the Czech Republic, surpassing its competitors. Once finalized, this project could position South Korea to build reactors in Europe. KHNP is also conducting a feasibility study for a nuclear plant in the Netherlands, while Sweden's Vattenfall AB is considering using Korean technology. Additionally, South Korea is in talks to supply reactors to the U.K., Poland, and other nations, putting it on track to achieve the government's goal of exporting ten units by 2030.
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BlueFloat Energy Secures Feasibility License for Gippsland Dawn Offshore Wind Farm in Australia
Jul. 22 2024
BlueFloat Energy Secures Feasibility License for Gippsland Dawn Offshore Wind Farm in Australia
Gippsland Dawn Offshore Wind Project has been awarded a feasibility licence by the Australian Government to further its development plans. BlueFloat Energy, the proponent of Gippsland Dawn, has been active in Gippsland since 2021 and believes the project could be operational by 2031.
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OMNI Features|MOEA Preannounce Amendments to The Electricity Act.Governor Launches New York's Largest Sunrise Wind Offshore Wind Project
Jul. 22 2024
OMNI Features|MOEA Preannounce Amendments to The Electricity Act.Governor Launches New York's Largest Sunrise Wind Offshore Wind Project
On July 19, 2024, the Ministry of Economic Affairs (MOEA) officially announced proposed amendments to specific provisions of "The Electricity Act," aimed at revitalizing the green energy trading market and supporting the 2050 net-zero transition goals. Since the liberalization of green energy trading in 2017, the power market environment has progressively diversified, and fair grid usage has seen advancements. These amendments emphasize the ongoing strengthening of the power system, while increasing regulations for grid-connected energy storage and demand response measures to align with renewable energy development trends.
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2024 Offshore Wind Farm Marine Salvage & Emergency Response Summit An In-Depth Discussion on Emergency Response Strategies
Jul. 22 2024
2024 Offshore Wind Farm Marine Salvage & Emergency Response Summit An In-Depth Discussion on Emergency Response Strategies
As Taiwan's offshore wind industry rapidly advances, ensuring the safety of personnel and equipment at sea becomes increasingly crucial. This forum will bring together government agencies, wind power developers and supply chains, academia, and professional rescue organizations to collaboratively discuss and develop emergency response strategies tailored to Taiwan's unique needs. The forum will address potential disaster risks facing Taiwan's offshore wind farms, explore effective response measures and rescue mechanisms, and establish a disaster prevention and response system suited to Taiwan's geographical environment and wind power industry characteristics.
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Insight Kaohsiung|Taiwan's Hardware Fastener Manufacturer PATTA Plans to Invest Over 3 Billion in Kaohsiung to Establish a Low-Carbon 5G Smart Factory.Petition for High-Speed Rail Extension to Pingtung with "Kaohsiung Plan" Exceeds 2,000 Signatures.Bureau of Industrial Parks Promotes Circular Economy Development Alliance
Jul. 22 2024
Insight Kaohsiung|Taiwan's Hardware Fastener Manufacturer PATTA Plans to Invest Over 3 Billion in Kaohsiung to Establish a Low-Carbon 5G Smart Factory.Petition for High-Speed Rail Extension to Pingtung with "Kaohsiung Plan" Exceeds 2,000 Signatures.Bureau of Industrial Parks Promotes Circular Economy Development Alliance
Established initially as a hardware fastener manufacturer, "PATTA" has evolved into a world-class supplier of various hardware components. A groundbreaking ceremony for their new plant was recently held at the Renwu Industrial Park. With an investment of NT$3.1 billion, this project will focus on producing and developing high-value-added products.
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Insight Kaohsiung|Helios Power Collaborates with Bank of Kaohsiung to Launch "Green Electricity Trust".Cathay Chemical Sells Over a Thousand Pings of Land in Kaohsiung's Asia New Bay Area.Hayashi Department Store Plans to Open "Focus 13" Outlet by the End of the Year along the Light Rail Line in KMC's Coral Zone
Jul. 19 2024
Insight Kaohsiung|Helios Power Collaborates with Bank of Kaohsiung to Launch "Green Electricity Trust".Cathay Chemical Sells Over a Thousand Pings of Land in Kaohsiung's Asia New Bay Area.Hayashi Department Store Plans to Open "Focus 13" Outlet by the End of the Year along the Light Rail Line in KMC's Coral Zone
With the development of the AI industry and corporate carbon reduction goals, the demand for green electricity in Taiwan is increasing. Helios Power Collaborates, a subsidiary of Guang Hao Group, has actively facilitated a collaboration with the Bank of Kaohsiung to provide more transparent financial flow information for green electricity transactions and to create a better protection mechanism. On July 17, the Bank of Kaohsiung and Helios Power Collaborates officially signed an agreement to launch the "Green Electricity Trust" jointly.
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OMNI Features|RWE Secures Feasibility Licence for 2GW Kent Offshore Wind Farm.Seadragon Offshore Wind Project Blocked: Flotation Energy Sues Federal Energy Minister.Saemangeum Offshore Wind Project Fails Due to Permit Revocation
Jul. 18 2024
OMNI Features|RWE Secures Feasibility Licence for 2GW Kent Offshore Wind Farm.Seadragon Offshore Wind Project Blocked: Flotation Energy Sues Federal Energy Minister.Saemangeum Offshore Wind Project Fails Due to Permit Revocation
RWE Renewables has been granted a feasibility licence for the construction of the Kent Offshore Wind Farm, with a capacity of up to 2 GW. The wind farm is located off the coast of Gippsland in Victoria, Australia. This licence provides RWE with a 7-year development period to obtain all necessary permits. The Kent Offshore Wind Farm is expected to be completed and operational by the early 2030s.