Bryony Theaker’s Post

Bryony Theaker and I had a great discussion with Georgina Barnard at Mergermarket about M&A trends and dealmaking in the energy sector. The desire to invest in the energy transition remains resilient. Recent M&A activity and pipeline reflect this. You can find the article below. EMEA energy dealmaking powers up as capital influx from transition funds drives pipeline - Trendspotter https://lnkd.in/exKK82Pw #energytransition #energy #cliffordchance

Offshore wind, floating wind was and always will be linked to short term government policy. Until the short term view give way to long term view. #floatingwind #taiwan

Taiwan to postpone floating wind procurement 13 Nov 2024 by Celine Ge Taiwan is likely to postpone the procurement for two floating wind projects, two sources familiar told Infraogic. This is due to a lack of consensus from potential bidders on the terms of the tender, including on feed-in tariffs and on suitable project sites. The Energy Administration previously planned to hold an auction by the end of this year and award contracts for two projects, each with a capacity of 90-180 MW. It is likely to reschedule to next year, the sources said without providing an indicative timeline. The award of a third contract will depend on the technologies proposed, the sources said, adding that each project will likely use six to 12 turbines. Multiple international investors have expressed an interest participating in the island’s first tender for floating wind power generation projects. This includes Spanish renewables developer BlueFloat Energy, which said in August it intends to participate in the procurement process. Others that have planned floating wind projects are UK’s Flotation Energy, Stonepeak’s Synera Renewable Energy and Spain’s Iberdrola. Dutch developer IX Renewables, Hexicon and Japanese power group GF Corporation have partnered to propose the 180 MW Rui Li floating offshore project that will also be entered in the auction. The Energy Administration did not respond to a request for comment. #offshorewind https://lnkd.in/gfGNsG5X

Taiwan may scrap localisation requirements for wind auction 13 Sep 2024 14:50 TST by Celine Ge The Taiwanese government plans to scrap the localisation requirement for bidders participating in an upcoming offshore wind auction, the Central News Agency reported yesterday.  The authorities will also relax the localisation criteria for 2.7 GW of projects that were awarded in August this year, provided these are connected to the grid on schedule, the news service cited officials as saying. Their remarks come prior to negotiations planned today between Taiwan’s economic affairs ministry and the European Union in Brussels over issues related to the localisation of the offshore wind sector’s supply chain in Taiwan.  The European Union has argued that Taiwan’s offshore wind localisation rules are in conflict with World Trade Organisation regulations, according to the report. Last month, Taiwan announced the results of its offshore wind tender launched in April, awarding 2.7 GW of capacity to developers including Copenhagen Infrastructure Partners, TotalEnergies and Stonepeak’s Synera Renewable Energy Group. The government has mandated a minimum 70% localisation rate for the projects’ supply chain, including the production of wind blades, raising concerns among international developers over rising costs. The five projects that won the capacities are scheduled to sign administrative agreements with the island’s Ministry of Economic Affairs by 11 November prior to securing power purchase agreements and initiating procedures in preparation for construction. https://lnkd.in/gN-G5DAi #offshorewind

Bill Russell chats with Alec Natt, Chief Financial Officer – EnergyUnited; Dee Jetton, COO & Sales Administrator – K2 Scientific; and James C. Sanders, President - Shared Resources Technology Solutions on WSIC News Town Talk. We discussed energy production and energy efficiency at the lake as well as trends in Artificial Intelligence. https://bit.ly/4gJn0Ot

Infrastructure funds are key to the global energy transition, opening doors to new opportunities in hydrogen, transportation, and carbon capture. Niall Mills from Igneo Infrastructure Partners discusses how infrastructure investments can drive value in a changing energy landscape. Read more: https://okt.to/SfysiN #Infrastructure #EnergyTransition #RenewableEnergy

Infrastructure funds are key to the global energy transition, opening doors to new opportunities in hydrogen, transportation, and carbon capture. Niall Mills from Igneo Infrastructure Partners discusses how infrastructure investments can drive value in a changing energy landscape. Read more: https://okt.to/aPDftj #Infrastructure #EnergyTransition #RenewableEnergy

Excellent Q&A on energy transition

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Our Gabelli Utility Trust (GUT) portfolio manager, Timothy Winter, CFA, spoke with Barron's to discuss utilities and infrastructure. He says, “If you’re a utility, you’re going to benefit from building generation, upgrading distribution, and the transmission system.” Read more on what he has to say about utilities as major tech companies will ultimately require more power: https://lnkd.in/en_TWyRm Email invest@gabelli.com to learn more about GUT.