Latest News for: Offshore cost

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US sets aim of being leader in floating offshore wind

Seatrade Maritime News 03 May 2024
The stated goal of the Wind Shot is to, “Reduce the cost of floating offshore wind energy by more than 70% by 2035 to position the US as a leader in floating offshore wind design, development, and manufacturing.”.
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The woman fighting climate change with accounting

RNZ 03 May 2024
Official briefing notes from that period showed the cost of buying offshore credits to meet the 2030 target was expected to be higher then than it was now - up to $37 billion ... Another reason is that Treasury says the cost can't be reliably estimated.
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Maryland state senators urge Gov. Moore to veto wind energy bill. Here's why.

Delmarva Now 02 May 2024
"Additionally, results from other offshore wind projects have revealed that the business model for these projects has fallen well short of projections to the degree that those wind energy developers ...
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Developers seek input from Westchester residents, businesses on proposed $3B energy project

Lohud 02 May 2024
... aims at relieving congestion and ensures clean energy — such as offshore wind and solar — flows efficiently and effectively, ultimately bringing down the cost of energy transmission for New Yorkers.
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Exxon to shut Guyana oil project for two weeks

Offshore Technology 02 May 2024
US oil and gas giant ExxonMobil will shut down two offshore oil production projects in Guyana for two weeks each between July and August to connect a natural gas pipeline ... Offshore production vessels ...
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Research says price pressures on offshore wind starting to wane

Energy Voice 02 May 2024
Fresh research has said that recent increases in the cost of offshore wind farms are mostly expected to be short term ....
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Asian giants put pressure on Europe's economic model

Korea Times 02 May 2024
Specific ideas proposed include adopting a cross-border cost-benefit allocation methodology to expedite roll out of regional offshore wind projects; developing cross-border systems for procuring ...
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Coalition approves framework for €100bn investment in offshore wind energy post-2030

The Irish Times 01 May 2024
The first ports to be expanded to support offshore wind development would be in Cork and Rosslare, said the Minister ... Ireland is to scale up offshore wind energy after 2030 under a €100 billion ...
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More offshore wind farms? New Jersey opens 4th round of bidding

app 01 May 2024
Three offshore wind farms are underway in New Jersey ... New Jersey has already approved three offshore wind projects ... Precisely how offshore wind companies plan to move ahead amid rising costs and supply chain disruptions remains unclear.
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Vineyard Offshore's CEO shared new details on Vineyard Wind 2 during a New Bedford visit.

Cape Cod Times 01 May 2024
these jobs are sitting in middle school today, but by the time we are fully operational we expect people to be able to have careers here at this facility for their entire working life," said Foss Offshore Wind President Joel Whitman.
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What’s in The Saigon Times Weekly this week?

The Saigon Times 01 May 2024
Focus. Rushing to Offshore Funds. Startups are seeking capital from sources that are more accessible, cost-effective and supportive. Like mature birds spreading their wings, they venture far from their nests, uncertain of when they will return ... Business.
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New Jersey seeks fourth round of offshore wind farm proposals as foes push back

The Associated Press 30 Apr 2024
But it faces opposition from people who say offshore wind is costly and hazardous to marine life.
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NY won’t meet climate change goals under ‘asinine’ green energy law, business rep claims

New York Post 30 Apr 2024
New York’s “asinine” climate change law demanding a dramatic increase in green energy has set unattainable goals — and could trigger soaring electrical costs for consumers, a top state business advocate claims.
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US military ships working to build $320 million pier for Gaza aid

The Philadelphia Inquirer 30 Apr 2024
... enclave and building out a floating platform for the operation that the Pentagon has said will cost at least $320 million.
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Gaza pier being built by US military to deliver aid

The Associated Press 30 Apr 2024
... Pentagon has said will cost at least $320 million.
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