Offshore wind firms up the ante in Europe
No longer a niche sector restricted to north-west Europe, offshore wind is likely to play a significant role in meeting the world's clean energy needs
Offshore wind used to be portrayed as the costly renewable energy option that only got developed if onshore wind was too difficult to build or sell to the public. But, with the industry sinking money into pioneering and ever more efficient technology, the sector is increasingly well positioned to stand on its own two feet — even as subsidies are stripped away. The latest headline grabber is GE's 12-megawatt Haliade-X offshore turbine, which will be the world's largest when it comes to the market. GE said it would invest more than $400m over the next three-to-five years to develop and deploy the technology. The top of the turbine will be a maximum 260 meters above the sea, while the blades wi

Also in this section
15 August 2025
US secondary sanctions are forcing a rapid reassessment of crude buying patterns in Asia, and the implications could reshape pricing, freight and supply balances worldwide. With India holding the key to two-thirds of Russian seaborne exports, the stakes could not be higher
11 August 2025
The administration is pushing for deregulation and streamlined permitting for natural gas, while tightening requirements and stripping away subsidies from renewables
8 August 2025
The producers’ group missed its output increase target for the month and may soon face a critical test of its strategy
7 August 2025
The quick, unified and decisive strategy to return all the barrels from the hefty tranche of cuts from the eight producers involved in voluntary curbs signals a shift and sets the tone for the path ahead