Wind farm

This image, from Sept. 2022, shows French President Emmanuel Macron speaking with workers on board a boat during a visit to the Saint-Nazaire Offshore Wind Farm.Stephane Mahe | AFP | Getty ImagesA facility described as "France's first commercial-scale offshore wind project" is fully operational, multinational utility EDF said this week.The news represents a significant step forward for the country's offshore wind sector, with more projects set to come online in the years ahead.In a statement Wednesday, EDF said the…

Wind turbine blades photographed at a Siemens Gamesa facility in Hull, England, in January 2022.Paul Ellis | AFP | Getty ImagesThe CEO of Siemens Energy on Wednesday argued that the energy transition would fail unless his industry addressed a number of issues currently facing the wind power sector.In an interview with CNBC's "Squawk Box Europe," Christian Bruch said his firm was "in the heart of the energy transition" but noted that there were "challenges in wind" especially when it came to supply chains."Never forget,…

Offices of Equinor photographed in Feb. 2019. Equinor is one of several companies looking at developing floating wind farms.Odin Jaeger | Bloomberg | Getty ImagesA facility described as the world's largest floating wind farm produced its first power over the weekend, with more turbines set to come online before the year is out.In a statement Monday, Norwegian energy firm Equinor — better known for its work in the oil and gas industry — said power production from Hywind Tampen's first wind turbine took place on Sunday…

The energy sector requires new companies with the mentality of a Tesla or Amazon to push forward in the years ahead, according to the ex-CEO of energy infrastructure powerhouse Snam."It took a Tesla to disrupt ... the car manufacturing sector, it took an Amazon to disrupt the retail market, and I think it's going to take new companies to disrupt the energy sector," Marco Alvera, who is now the CEO of Tree Energy Solutions, a firm looking to develop projects that use green hydrogen, said.Alvera, who was speaking to CNBC's…

BP CEO Bernard Looney photographed in Texas on March 8, 2022. During a panel discussion on Oct. 31, 2022, Looney said his firm's strategy was to "to invest in hydrocarbons today, because today's energy system is a hydrocarbon system."F. Carter Smith | Bloomberg | Getty ImagesBP's strategy is centered around investing in hydrocarbons whilst simultaneously putting money into the planned energy transition, the oil and gas supermajor's CEO said Monday.  "What the world needs, more than ever right now, is a conversation and a…

Amos Hochstein photographed in Beirut, Lebanon, on October 27, 2022.Hussam Shbaro | Anadolu Agency | Getty ImagesOil is all Russia's economy has left following its invasion of Ukraine earlier this year, according to Amos Hochstein, special presidential coordinator for President Joe Biden."Oil is the only thing they have left in that economy … Putin has destroyed the rest of the economy," Hochstein told CNBC's Hadley Gamble Monday."All he's got left is the stuff that comes out of the ground. He won't sell his gas to Europe…

In a statement Tuesday, the Port of Rotterdam Authority's CEO, Allard Castelein, said northwest Europe used "far more energy than it can produce in a sustainable way."Eschcollection | Stone | Getty ImagesMadrid-headquartered energy firm Cepsa said it would work with the Port of Rotterdam to develop "the first green hydrogen corridor between southern and northern Europe," in the latest sign of how the emerging sector is attracting interest from major companies and organizations.In an announcement Tuesday, Cepsa — which is…

A Vestas wind turbine photographed in Denmark. The company said Tuesday it would launch an onshore wind turbine tower with a hub height of 199 meters.Jonas Walzberg | Picture Alliance | Getty ImagesDanish firm Vestas said Tuesday it was launching an onshore wind turbine tower with a hub height measuring 199 meters (just under 653 feet), in the latest example of how the sector is turning to increasingly large structures.In a statement, the Aarhus-headquartered company described it as "currently the world's tallest onshore…

Pylons photographed in the U.K. The project involving Centrica and GE will store energy from onshore wind farms in Lincolnshire.Gareth Fuller | PA Images | Getty ImagesA decommissioned gas-fired power station in Britain is set to be repurposed and converted into a battery storage facility, with those involved in the project saying it will be able to provide "the equivalent of a full day's energy consumption for 11,000 households."In a statement Monday, London-listed Centrica said construction of the facility in…

Part of a hydrogen-powered train photographed in Germany on Aug. 24, 2022. European Commission President Ursula von der Leyen expressed support for hydrogen during her State of the Union address on Sept. 14Carmen Jaspersen | AFP | Getty ImagesThe European Commission on Wednesday approved up to 5.2 billion euros (roughly $5.2 billion) in public funding for hydrogen projects, a move it said could unlock a further 7 billion euros of investments from the private sector.The executive arm of the EU said the bloc's flagship…