New podcast: OEM results | Offshore wind’s turning point | EU/China trade war
New podcast: OEM results | Offshore wind’s turning point | EU/China trade war | Windpower Monthly
This time in the news review: Major Western turbine manufacturers have released quarterly or full-year results, but what do they say about the OEMs' relative financial health and which of them is likely to move into profitability first?
Meanwhile, in the wake of Ørsted’s shock cancellation of Ocean Winds 1&2 last month, US regulators and the UK government appear to be heeding developers' warnings to make projects financially viable, so is the tide turning for offshore wind?
And finally, there are ominous signs of a trade war brewing between the EU and China over what some European wind industry representatives have described as “unfair competition” from their Chinese counterparts but is it necessary and are Chinese OEMs even interested in the European market?
Our panellists are Shashi Barla - director and head of research in renewable energy at the Brinkman Group – and Will Sheard - director of analysis and due diligence at the consultancy firm K2 Management.
To listen, simply click on the 'play' button in the graphic above, or follow and download Wind Power on Spotify, Apple Podcasts and other platforms.
This episode was produced by Czarina Deen and Inga Marsden
To listen to previous episodes, click on the links below:
Related Knowledge Center: ENERGY BASICS: hydropower
Hydropower — electricity generated by turbines capturing energy from moving water — was for many years the primary contributor of renewable energy to the U.S. electricity grid. Its growth was rapid into the 1970s, and since then has offered a stable supply of power, while a declining share of all generation. For many years, hydropower was seen as clean energy and an unalloyed good, but a greater understanding of the impact of dams on ecosystems and wildlife has led to the removal of some dams. As of 2019, hydropower trails wind as a renewable source of power generation.