Latest news
Greece is sitting on offshore gas bonanza
Amid an endless recession and austerity, Greece is likely to hold offshore natural gas resources that could dramatically change country’s fate, according to a study presented to Prime Minister Antonis Samaras.
read more... 05/10/2012
Russia to attract foreign investors to develop Arctic offshore shelf
The Russian government announced the new incentives to attract major investors in order to develop projects on the country’s Arctic offshore shelf, as well as in East Siberia.
read more... 24/09/2012
In Scotland - the world’s biggest offshore wind farm will be built
The wind farm will have 339 wind turbines which could provide power to over 40% or about 1 million of Scotland’s householders, generating 1.5 GW at an average cost of about 5.7 billion dollars. Construction of the wind farm is planned to start in 2015 and will be completed by 2020.
read more... 03/09/2012
Germany: New law for offshore wind power
The cabinet of German chancellor Angela Merkel approved a draft law that will accelerate the development of offshore wind parks in order to switch from nuclear energy to green energy.
read more... 30/08/2012
DECC: UK renewable electricity production up 33% in 2011
The UK’s electricity production from renewable sources jumped by 33% in 2011, mainly due to a hike in solar photovoltaic capacity increasing by 12 times, a trebling of biomass capacity, and a 37% jump in offshore wind capacity, according to a recent report released by the Department of Energy & Climate Change (DECC).
read more... 30/07/2012