Tag Archives: offshore wind

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WindEurope: EU must boost investment in ports, ships to meet offshore wind targets

Europe needs to increase investment in ports and shipbuilding, which play a crucial role in offshore wind development, to achieve its goals in this energy segment, according to wind industry association WindEurope. The European Commission’s upcoming strategies for ports and the maritime industry are expected to create conditions for the necessary investment. The European Union […]

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IRENA: 91% of new renewables units are more cost-effective than fossil fuel alternatives

The fossil fuel age is crumbling, according to UN Secretary-General António Guterres. Renewables maintained their cost leadership in global power markets, the International Renewable Energy Agency said in an annual report. In 2024, onshore wind farms were the cheapest of all versus the lowest-cost fossil fuel alternatives, by 53% on average, while photovoltaic systems were […]

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ENTSO-E proposes delaying CBAM on electricity by one year

The European Network of Transmission System Operators for Electricity suggested to the European Commission to prolong the transitional period of the Carbon Border Adjustment Mechanism (CBAM) for electricity by one year, to January 1, 2027. It recommended an additional impact assessment, an analysis of possible exemptions for third countries as well as to exempt transmission […]