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OEUK responds to UK-Japan offshore wind memorandum of cooperation

Offshore Energies UK

Today the leading trade body Offshore Energies UK (OEUK) responded to the announcement that the UK has signed a memorandum with Japan to cooperate on offshore wind. OEUK is campaigning for a homegrown energy future that makes the most of the UK’s offshore energy and safeguards energy security and jobs as it journeys to net zero.

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$5.8 Billion Question: BP Backs Away from Green Energy—but Is Offshore Wind Still Worth It?

Rextag

What does BPs latest move in offshore wind mean for its renewable energy strategy? BP and Japanese power company JERA have announced a joint venture (JV) to create one of the worlds largest offshore wind operators. billion in approved projects by 2030, with BP contributing $3.25 billion by 2030. billion and JERA $2.55

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BP’s Big U-Turn: Why Is the Energy Giant Returning to Oil and Gas? Shell, Equinor, and Exxon Are Making the Same

Rextag

million barrels per day by 2030. Once a major focus, offshore wind projects are now part of a joint venture with Japans Jera. The broader energy industry has struggled with high costs, supply chain disruptions, and regulatory uncertainty in renewable energy projects. million and 2.5 billion and $2 billion annually.

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What 2024 Taught Us: From Offshore Discoveries to Net Zero Ambitions, What Mattered Most

Rextag

RENEWABLES AND CLEAN TECHNOLOGIES: PROGRESS UNDER PRESSURE Fact : Global renewable electricity generation is set to reach over 17,000 TWh by 2030, an almost 90% jump from 2023, capable of powering China and the U.S. trillion annual climate finance pledge by 2030 , though critics noted the gap between ambition and action.