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The lack of offshore wind bids in the UK's fifth Contracts for Difference auction process could spark much-needed reforms and help developers make a stronger case for onshore wind. Richard Heap looks at why this 'failure' might not be so bad.

Ørsted has announced $2.3bn potential impairments at its US offshore wind projects, while RWE won an underwhelming seabed leasing auction in the Gulf of Mexico. We look at the current challenges facing developers in the US offshore market.

India is set to close bidding in its first green hydrogen tender this week. This will give us a clear indication of how the private sector has received all of the policy support announced by the government in the last 12 months.

Energy Storage
September 1, 2023

Twelve months on from the introduction of the US Inflation Reduction Act, energy storage manufacturing is booming, but slow implementation of the law is delaying some projects

It is three months until business and political leaders gather in Dubai for the COP28 conference, which could spur further investment in the global wind industry. But an oil and gas powerhouse is an unlikely location for action to reduce $7trn of subsidies paid annually to fossil fuel firms.

Shipping groups are testing high-tech sails to improve fuel efficiency and reduce carbon emissions. We look at how this new approach to an old technology could help the industry towards its goal of 50% emissions reduction by 2050.

The business and scientific communities are bringing forward innovations designed to improve the efficiency and reduce the cost of green hydrogen production. We look at five innovations announced in the last month.

Canary Wharf Group recently signed a power purchase agreement with Brookfield to use wind power in its own operations. We consider how the wind and commercial property sectors could work more closely together.