Offshore auctions - and how to do them better
The Joint Venture: inspiratia insights
The team look over the past week of news and give their views on market trends in the energy sector
In the news this week, we cover the latest successes and setbacks in floating offshore wind, as Equinor opts to postpone its planned subsidy-free Trollvind floating offshore wind farm project in Norway.
We report on DORE's hydropower fund and ask if this is an underappreciated asset class in the current market. We also bring you a flurry of updates from offshore wind tenders in the last week, including Orsted making inroads into the US market, how Macqauarie's Corio Generation is planning to enter Portugal's first auctions, and why Denmark could be readying the world's single largest offshore allocation round yet.
We also bring you a report from Innovation Zero, shedding light on the issues that the UK must stand up to successfully navigate the energy transition.
And finally, with growing disquiet about the auction mechanisms being deployed around the world, we explore some of the innovative techniques that could keep renewable developments profitable whilst strengthening skills and supply chains.
- Oliver Carr - Lead Analyst
- Robert Leeming - News Editor
- Chendwa Chintu - Senior Analyst
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Music credit: NDA/Show You instrumental/Tribe of Noise