Offshore Wind Energy Lease Rules, 2023
The Ministry of External Affairs (MEA) notified rules for leasing the sea bed for offshore wind power projects with the lease being valid for 3 years for resource measurement, which can be further extended
The Ministry of External Affairs (MEA) notified rules for leasing the sea bed for offshore wind power projects with the lease being valid for 3 years for resource measurement, which can be further extended
Global investment in clean energy and climate-friendly technologies leapt in the last three months but full-year levels won't recover until 2010 or 2011, analysts said on Wednesday. Falling energy demand and more expensive debt have hurt large renewable projects for example in wind and solar power. Recession has cut risk appetite, curbing funding for clean technology start-ups.
The dramatic growth in wind turbines around the British Isles may lead to huge spikes in power prices by 2030 and threaten the viability of backup plants needed for calm periods, according to Poyry Energy Consulting.
The findings of a strategic environmental assessment open the way for an increase in the number of offshore wind farms, which could produce enough energy to power every household in the UK.
The US wind power market has put on a breathtaking turn of speed in the last few years. And now, the incentives have been improved and the supply chain strengthened.