Australia''s offshore wind industry: 2024 year in review
According to the CSIRO, the Hub will focus on providing services, including manufacturing, logistics and maintenance, for onshore and offshore wind renewable energy projects.
View DetailsIn May 2024, the Australian government granted initial licenses to six offshore wind projects with a combined capacity of approximately 12 GW and by July 2024, a further six offshore wind projects were approved, yielding a total capacity of around 25 GW.
The technology is already providing clean energy in Europe. With Australia's abundant coastline, it has the potential to be a major contributor to this country's energy transition as well. Of course, there are challenges – technical, logistical, environmental, and social – that offshore wind projects must overcome.
Australia stands on the cusp of a renewable energy revolution, with offshore wind power emerging as a key player in the nation's transition to a low-carbon future. As the country seeks to diversify its energy portfolio and meet ambitious climate targets, the vast potential of its extensive coastline is coming into focus.
Oceanex Energy has also signalled that it will delay further west coast developments on order to focus on its Hunter Valley offshore wind project. Western Australia's Energy Minister, Bill Johnston, has recently expressed scepticism about the federal government's ambitious offshore wind targets for the state.
According to the CSIRO, the Hub will focus on providing services, including manufacturing, logistics and maintenance, for onshore and offshore wind renewable energy projects.
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Amid a spate of collapsed projects in Australia''s nascent offshore wind sector, one developer is forging ahead.
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Technology continues to advance at pace with floating offshore turbine technologies allowing access to a far greater range of suitable offshore locations for energy generation.
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The Canberra CAES project isn''t just local news – it''s a blueprint for global energy transition. By combining proven physics with modern engineering, compressed air storage offers a pragmatic path
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The $10 billion Gippsland Dawn project was shut down over shareholder concern about the industry''s viability in recent months and the Novocastrian Offshore Wind Farm off Newcastle is
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In May 2024, the Australian government granted initial licenses to six offshore wind projects with a combined capacity of approximately 12 GW and by July 2024, a further six offshore wind projects
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Designed to tackle the intermittency of wind and solar power, this pumped hydro initiative could store enough electricity to power 200,000 homes for 8 hours—equivalent to keeping Sydney Opera House
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Australian governments are mobilising with a spate of recent announcements following the formative Offshore Electricity Infrastructure Act 2021 and the Offshore Electricity Infrastructure (Regulatory
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Using Corio''s Great Eastern offshore wind project as an example, we are in year three of a seven-year development process. This includes site selection, project approval, engineering,
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Battery storage projects are also being developed across the ACT to limit reliance on a centralized grid, including 5,000 storage batteries in homes and businesses.
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