December 31

EDF wins French offshore wind project with bid below 50 euros per MWh

first_img FacebookTwitterLinkedInEmailPrint分享Reuters:A consortium led by French state-owned utility EDF has won a contract for a major 600 megawatt (MW) offshore wind project near Dunkirk in western France, Environment Minister Francois de Rugy said on Friday.EDF’s bid in partnership with Germany’s Innogy and Canada’s Enbridge beat rivals including utility Engie in partnership with Portugal’s EDPR and energy group Total in partnership with Denmark’s OrstedThe ministry said the tariff proposed by the winning consortium was significantly lower than 50 euros per megawatt hour (MWh). That compares with 63 euros/MWh for an onshore wind tender of around 516 MW that was awarded by the government on Wednesday. It also said the price was comparable to the best prices seen in European offshore wind projects and demonstrated the competitiveness of the French wind industry.The wind farm will have forty-five wind turbines producing 2.3 terawatt hours of electricity per year from 2026, equivalent to the consumption of around 500,000 French households.EDF, which operates France’s 58 nuclear reactors that accounts for over 75 percent of the country’s electricity needs, is rapidly expanding into wind and solar generation. Its EDF Renewables subsidiary, which manages around 13 gigawatts (GW) of installed capacity globally, has a project portfolio of more than 2 GW in France. It is negotiating to participate in two projects in China totaling 500 MW and also developing an area with a potential of 2,500 MW in the United States.“Our winning bid was highly competitive, and this has notably prompted the government to double the offshore wind power targets contained in its multi-year energy Plan, giving new development opportunities for EDF and all participants in the sector,” EDF’s CEO Jean-Bernard Levy said in a statement. The government said on Wednesday it would double the pace of developing offshore wind projects to 1 GW per year from around 500 MW previously as costs are falling.More: EDF consortium wins 600 MW Dunkirk offshore wind project EDF wins French offshore wind project with bid below 50 euros per MWhlast_img read more

January 3

Will Amazon threaten iTunes?

first_imgBy Jessica Mintz THE ASSOCIATED PRESS SEATTLE – Amazon.com Inc. launched its much-anticipated digital music store Tuesday, a move analysts say represents the first hint of real competition for Apple Inc.’s market-leading iTunes. Amazon MP3, as the new section of the Web retailer’s site is called, currently stocks nearly 2.3million songs, all without copy-protection technology. Shoppers can buy and download individual songs or entire albums. The tracks can be copied to multiple computers, burned onto CDs and played on most types of PCs and portable devices, including the iPod and Microsoft Corp.’s Zune. Songs cost 89 cents to 99cents each, and albums sell for $5.99 to $9.99. Major music labels Universal Music Group and EMI Music have signed on to sell their tracks on Amazon, as have thousands of independent labels. The company said several labels are selling their artists’ music without copy protection for the first time on the Amazon store, including Alison Krauss on Rounder Records and Ani Difranco on Righteous Babe Records. Shares of Amazon rose 89 cents to close at $93.48 Tuesday. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more