by Lucia Colaluce | Feb 7, 2025
The offshore wind sector faces key challenges in 2025, from the need for realistic subsidies of governments to financial uncertainty driven by interest rates and commodity prices. Peter Lloyd-Williams, Senior Analyst at Westwood Global Energy Group, analyses the factors that will shape the sector’s growth and the feasibility of new projects in conversation with Strategic Energy Europe.
by Lucia Colaluce | Feb 6, 2025
With a record 62.7% of renewable energy in its electricity mix, Germany is making strong progress in renewables. However, Irina Peltegova, Senior Green Power Market Analyst at Veyt, tells Strategic Energy Europe that the country faces key challenges in storage, price volatility, and new renewable energy support schemes. PPAs are emerging as an increasingly attractive alternative for the sector.
by Lucia Colaluce | Feb 6, 2025
The country generates more renewable energy than it can consume, but the lack of grid infrastructure threatens the development of new projects. “Much of what we generate needs to be exported, but the grid connection is not ready for that,” warns John MacAskill, Group Growth Director at ABL Group, in a conversation with Strategic Energy Europe. In 2025, Scotland’s grid constraints are expected to cost nearly £2 billion in compensation payments.
by Lucia Colaluce | Feb 5, 2025
The Planning Inspectorate of the UK Government is overseeing the progress of 35 GW of renewable energy projects, reflecting a strategic push aligned with the National Energy Plan (Net Zero). Leading companies in the sector are spearheading initiatives in offshore wind, solar, and emerging technologies, securing multi-billion-pound investments and making a significant impact on the UK’s energy mix. At the bottom of the page, the full list of renewable projects is available.
by Lucia Colaluce | Feb 5, 2025
The newly published 2025 Site Development Plan by the Federal Maritime and Hydrographic Agency (BSH) of Germany outlines a roadmap to achieve 40 gigawatts of offshore wind capacity by 2034 and lays the groundwork for 70 gigawatts by 2045. Additional areas have been identified in the North Sea and Baltic Sea through cooperation with Denmark and the Netherlands.
February 7, 2025Offshore wind in 2025: How will governments and investors tackle market challenges?
