Today is #GlobalWindDay. The expansion of renewable energies like wind energy is an integral part of our sustainability business strategy. By 2039, our ambition is to run all our own production plants worldwide on 100 percent renewable energy. To achieve this goal, we are systematically gearing our locations up for this - with photovoltaic systems and wind power. In addition to an offshore wind farm in the Baltic Sea, at our test track in Papenburg, northern Germany, plans for installing an onshore wind farm are taking shape. The new facility with approximately 20 turbines and a capacity of more than 120 MW will be build up on the site as part of a power purchase agreement (PPA). Tomorrow drives Mercedes-Benz. Learn more: mb4.me/WindFarm #MBHK #MercedesBenzHongKong #MercedesBenz #sustainability
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The #offshorewind capacity targets in the Netherlands are ambitious - from 4.7 GW to 21.5 GW by 2030 - and implies acceleration in the energy market and industrial transformation. TNO is at the forefront, developing innovations and technological solutions to support industry and government in optimizing both existing and future infrastructure. Join our webinar on 16 October to discover how these advancements will shape the future of offshore renewable energy. Discuss on the 16th of October with the TNO experts: 🔹 Iratxe Gonzalez Aparicio: The challenges and viability of future offshore renewable energy business cases. 🔹 Max Houwing: Improving offshore wind business case bidding using hybrid system models. 🔹Noelia Martin-Gregorio: The impact on the future offshore developments and market mechanisms with a market reform. Sign up via this link ➡️ tno.to/pbp
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Meet our PPA professionals at the Romanian Green PPA event tomorrow 🇷🇴⚡️ Jaime Vazquez, our PPA Director, and Marta Illán Martín and Carlos Gómez Arévano, our PPA Managers, will attend and be looking to exchange ideas and thoughts 💭 As PPAs are a critical tool in securing long-term energy agreements, we are actively exploring opportunities to integrate them into our solar, wind, and storage projects across Europe. These agreements are essential for providing stability and supporting large-scale renewable energy deployment. If you’re attending, let’s take the opportunity to connect with and discuss evolving PPA structures, risk management strategies, and the regulatory challenges shaping today’s Romanian and other European energy markets. #PPA #RomanianGreenPPA #RenewableEnergy #EnergyTransition #GreenEnergy #Econergy
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In an exclusive interview at the World Utilities Congress 2024, Ben Backwell, CEO of the Global Wind Energy Council (GWEC), delves into how offshore wind has rapidly evolved into a key driver of the global renewable energy transition. From scaling up efficiently and reducing costs to overcoming land-use challenges, offshore wind is now a mainstream solution powering the future. Backwell also shares how global initiatives like the Global Offshore Wind Alliance are setting bold targets to triple renewable energy capacity by 2030. Watch the full interview to discover how offshore wind is transforming the energy landscape and what’s next for this growing sector: https://bit.ly/3zS6BaG #EnergyConnects #energynews #energyindustry #news #oott #energytransition #windenergy
Energy Connects Exclusive: Global Wind Energy Council: innovation and policy drive rapid expansion of offshore wind energy
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Mikkel Kring, Partner at Our New Energy (ONE), presented at the 2nd Net Zero Energy Sourcing & Power Purchase Agreements event on "Market Insights: Sourcing Offshore Wind PPAs and Dealing with Negative Prices in Solar PPAs." Key takeaways from his presentation: • Offshore Wind PPAs: Exploring the complexities of offshore wind PPAs, including timing, size, price, and contract duration, with examples from European markets • Negative Prices in Solar PPAs: The rise of negative prices and their impact on investors; how to balance risk-sharing to prevent significant price hikes in PPAs Representing Bronze Sponsor Our New Energy (ONE), Mikkel emphasized ONE’s role in accelerating the green energy transition through tailored energy services. With over 5GW of PPAs under their belt, ONE is a key player in connecting renewable producers, asset owners, and industrial offtakers, offering insights and market-leading solutions for a cleaner energy future. #RenewableEnergy #OffshoreWind #PPAs #SolarEnergy #Sustainability #NetZero #OurNewEnergy #EnergyTransition #BerlinEvent #2NETZEROPPA2024
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Mikkel Kring, Partner at Our New Energy (ONE), presented at the 2nd Net Zero Energy Sourcing & Power Purchase Agreements event on "Market Insights: Sourcing Offshore Wind PPAs and Dealing with Negative Prices in Solar PPAs." Key takeaways from his presentation: • Offshore Wind PPAs: Exploring the complexities of offshore wind PPAs, including timing, size, price, and contract duration, with examples from European markets • Negative Prices in Solar PPAs: The rise of negative prices and their impact on investors; how to balance risk-sharing to prevent significant price hikes in PPAs Representing Bronze Sponsor Our New Energy (ONE), Mikkel emphasized ONE’s role in accelerating the green energy transition through tailored energy services. With over 5GW of PPAs under their belt, ONE is a key player in connecting renewable producers, asset owners, and industrial offtakers, offering insights and market-leading solutions for a cleaner energy future. #RenewableEnergy #OffshoreWind #PPAs #SolarEnergy #Sustainability #NetZero #OurNewEnergy #EnergyTransition #BerlinEvent #2NETZEROPPA2024
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🙌 Happy #GlobalWindDay! The wind industry plays a crucial role in driving the energy transition. But did you know that PPAs are an increasingly key route to market for wind energy? 📈 By signing a PPA, corporate energy buyers can help finance a new wind or solar farm. This is a fantastic way to utilise private capital for Europe’s energy transition. In 2023, almost 12 TWh of electricity was generated by wind farms under a PPA. 💨🍃There is a huge demand for wind energy at the moment – RE-Source is proud to work every day with its founding members, including WindEurope, and leading renewable energy suppliers to help unlock more wind for corporate buyers. #windenergy #WorkingInWind #renewableenergy #corporatesustainability #PPAs
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🔍 A Deep Dive into 1H 2024 European PPA Prices. Uncover the latest insights and trends in the European renewables landscape with our comprehensive report for 2024. Our report covers: - Guarantees of Origin - Aggregated Power Purchase Agreements - UK energy sector reforms - Challenges in managing UK PPAs - European PPA market pricing - Renewable energy developments in emerging markets Industry professionals and stakeholders, stay ahead in the dynamic world of European renewables. 📊 📥 Access our latest European PPA Prices Report 2024 for FREE! http://spr.ly/6041Wokzx #RenewableEnergy #PPA #EuropeanMarket #EnergySector
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🌍 Transforming Wind Energy: Guidance and Guardrails for Non-Price Criteria in Auctions ➡️ 🔍 Today, GWEC releases its position paper, “A global wind energy industry perspective on integrating non-price criteria into auction frameworks." This timely publication offers a view of evolving auction strategies and the considerations for non-price criteria (NPC) in wind energy procurement, with a particular focus on guidance for emerging wind markets. ⏰With the ambitious global goal set at COP28 to triple renewable energy capacity by 2030, this paper supports policymakers in making careful and informed decisions regarding the adoption of NPC, to ensure that procurement frameworks can support large-scale, long-term and sustainable deployment of wind energy. 💭Auctions are primarily designed for transparent, efficient and fair price discovery. NPC expands the scope of auctions by procuring projects that are efficient in pricing and deliver additional value. The paper provides a set of 10 recommendations for governments considering the application of NPC in tender schemes. 📑Download the position paper today https://lnkd.in/emra3uve #RenewableEnergy #WindEnergy #EnergyPolicy
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We have published a decision on the regulatory treatment of assets developed by Merchant Phase 1 Offshore Wind projects. This concludes the CRU’s grid policy for Phase 1, providing a clear pathway for these wind projects to progress a route to market and secure financing for their assets. The CRU considers that this decision ensures an appropriate balance of risk between the offshore project developers and energy consumers, thereby supporting the Government objective of connecting at least 5 GW of offshore renewable energy generation to the grid by 2030, while also minimising the financial impact on Irish electricity consumers. Read the paper below or on our website here: https://lnkd.in/ecXWHM8S
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The central German state of Hesse has set itself the goal of sourcing its electricity entirely from renewable sources by 2045. To achieve this ambitious target, an increase in installed capacity by sixfold by 2030 is necessary. Consequently, a continuous and reliable expansion of renewable energy is essential. 🌎💚 Since 2013, the VSB Group has actively contributed to this initiative in Hesse. 🌬☀️ Our Vockenrod wind farm, serenely situated in the Antrifttal in the Vogelsberg area, is now equipped with three modern Nordex N149-5.X wind turbines, which together generate a capacity of 17.1 megawatts. There’s more good news: Following a successful bidding process in February, we have received permission to expand the wind farm. Construction for two additional turbines is planned for the fourth quarter of 2024, with expected operational commencement in the spring of 2026. 🙌 Further information: 👉 https://lnkd.in/dMBXYCmd (English Version) 👉 https://lnkd.in/dVStV-Fp (German Version) #VSBGroup #Vockenrod #WindFarm #Hesse #WindEnergy #Sustainability #greenandclean
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