Origin CEO Questions Offshore Wind as Another Project Falls Over

Origin CEO questions offshore wind as another project falls over

Energy boss Frank Calabria says the sector needs much more support to be viable in Australia, as Germany’s RWE ditches its Victorian project due to high costs.

RWE pulls plug on 2GW offshore wind project in Australia

After close to a year of feasibility studies, German utility RWE has decided to cease development of the Kent offshore wind project off the Gippsland coast in Australia. This decision follows a review of the project’s competitiveness in current market conditions, as well as ongoing uncertainties around supply chain costs and the future design of …

RWE cancels Kent Offshore Wind Project in Victoria

German renewables developer RWE has announced its decision to cease development of its proposed Kent Offshore Wind Project off the Gippsland coast in Victoria. It’s the latest in a spate of canned projects and exits within Australia’s nascent offshore wind industry, following BlueFloat’s cancellation of its Gippsland Dawn offshore wind project and Equinor’s decision to exit the Novocastrian Offshore Wind Project. Related article: Trouble in the …

RWE scraps Gippsland offshore wind project due to costs and auction uncertainty

RWE dumps offshore wind project in Gippsland due to costs, supply chain pressures, and uncertainty around delayed auction.

RWE pulls plug on major offshore wind farm project

German developer follows Norway’s Equinor in pulling out of major Australian offshore wind projects in recent months