Wednesday 28th May 2014


May 28, 2014

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Siemens to axe wind from Alstom offer

Siemens is poised to make a formal bid for Alstom’s energy assets but without including wind, nuclear or transmission in its offer.

The German manufacturer entered the race for the assets last month in a bid to scupper a deal proposed by US giant General Electric. The French government has courted Siemens as it does not want to see vital assets fall into US hands.

Siemens is set to propose a transfer of its rail activities and around €7bn in cash in exchange for some of Alstom’s energy assets. Keeping wind and nuclear out of the bid would enable Alstom to sell them to state-owned French firm Areva.

Enercon enters energy trading market

Enercon will next month enter the energy trading market to enable wind farm operators to trade their electricity on the wholesale market.

The German manufacturer has said it will work with more than 30 electricity trading firms to offer the service to German wind farms. Enercon will remotely control the operation of turbines and supply this energy directly to customers.

Germany’s revised Renewable Energy Act legislates that, from August, all electricity commissioned from turbines after then must be marketed on the wholesale market.

Unesco warns UK over Navitus Bay

Unesco has warned that the 95-mile Jurassic Coast in southern England could lose its world heritage site status if the £3.5bn Navitus Bay project is built.

The organisation, part of the United Nations, has written to the UK Government to say that the 970MW 194-turbine offshore scheme would have a negative impact on views between Dorset and the Isle of Wight. The Jurassic Coast comprises 96 miles in Dorset and East Devon, and is England’s only natural heritage site.

Eneco and EDF Energy submitted their planning application for the scheme last month. The developers said the scheme would not have a significant impact on the protected views, and are seeking clarification from the UK Government.

Vestas names central European president

Vestas has named Christoph Vogel as its new president of in central Europe and group senior vice president.

Vogel joins the Danish manufacturer from Johnson Controls, where he is vice president and general manager of the global workplace solutions and life sciences divisions. He will officially take up the post on 1 June.

Vogel has previously worked for Siemens and The Boston Consulting Group.

EDP: “Onshore wind cheaper than coal”

Onshore wind is the cheapest form of utility-scale onshore energy generation in Europe, according to research by EDP Renovaveis.

The Spanish utility has reported the levelled cost of electricity from onshore wind in Europe is one-third cheaper than coal and 20% cheaper than gas. The finding is significant because the firm has wind, fossil fuels and hydropower assets.

EDP Renovaveis also said that wind is cheaper than traditional power sources in countries including the US, Brazil, Mexico, South Africa and major markets in Asia.

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