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Analysis: High stakes at sea in global rush for wind power - Netscape Money & Business


Analysis: High stakes at sea in global rush for wind power
By Susanna Twidale and Nora Buli
Reuters
LONDON(Reuters) - Global competition for offshore wind power is so hot that licence auctions now resemble the oil and gas competitions of just a few years ago, and some of the names are familiar too as global oil majors move aggressively into renewable energy.
The drive among top fossil fuel producers to make fast inroads into lower-carbon businesses comes as more and more countries roll out plans to boost wind power in an effort to reduce their carbon footprint.
The cost of securing sites to develop has risen to levels that some top wind farm operators say are unsustainable and which will hurt consumers by driving up power prices. ....

Irish Sea , Ireland General , United States , United Kingdom , Rhode Island , Northern Ireland , City Of , Jonathan Cole , Julien Pouget , Ben Backwell , Yuka Obayashi , Susanna Twidale , Mark Lewis , Christoph Steitz , Joe Biden , Veronica Brown , Duncan Clark , Kirsten Donovan , Vera Eckert , Nora Buli , Acacia Renewables , Macquarie Green Investment Group , Global Wind Energy Council , Crown Estate , Chief Sustainability Strategist , Dev Sanyal ,

RPT-ANALYSIS-High stakes at sea in global rush for wind power


RPT-ANALYSIS-High stakes at sea in global rush for wind power
Reuters
4 days ago
(Repeating without changes for wider distribution)
Popular Searches
By Susanna Twidale and Nora Buli
LONDON, April 7 (Reuters) - Global competition for offshore wind power is so hot that license auctions now resemble the oil and gas competitions of just a few years ago, and some of the names are familiar too as global oil majors move aggressively into renewable energy.
The drive among top fossil fuel producers to make fast inroads into lower-carbon businesses comes as more and more countries roll out plans to boost wind power in an effort to reduce their carbon footprint. ....

Irish Sea , Ireland General , United States , United Kingdom , Rhode Island , Northern Ireland , City Of , Jonathan Cole , Julien Pouget , Ben Backwell , Yuka Obayashi , Susanna Twidale , Mark Lewis , Christoph Steitz , Joe Biden , Veronica Brown , Duncan Clark , Kirsten Donovan , Vera Eckert , Nora Buli , Acacia Renewables , Macquarie Green Investment Group , Global Wind Energy Council , Crown Estate , Chief Sustainability Strategist , Dev Sanyal ,