Fugro geotechnical drill vessel Fugro Scout has completed surveys of the foundation sites
for Innogy's 860MW Triton Knoll offshore wind farm off the coast of Lincolnshire in England.
Not exact matches
«With full control over Triton Knoll, we will now develop the project further to final investment decision at our own discretion,» Hans Bunting,
Innogy's chief operating officer
for renewables, said in a statement.
Deepa Venkateswaran, a senior analyst in European utilities at Bernstein, told CNBC that the deal represented a reversal
for RWE after the IPO of
Innogy.
Klaus Muller, manager of the Federation of German Consumer Organizations,
for example, notes that «the takeover of RWE's stakes in
Innogy by EON will lead to a higher concentration of utilities in the German energy market.»
For background, read the CLEW piece Deal between utilities E.ON and RWE set to reshuffle German energy market and the article RWE and E.ON overhaul power sector - German reactions to
innogy deal.
Innogy is a pioneer and trailblazer
for efficient, climate - friendly and intelligent energy solutions.
Results of the study — which is backed by offshore wind developers EnBW, Engie, Eolfi, E.ON, Iberdrola,
Innogy, Kyuden Mirai Energy, Orsted, Shell, Statoil, Vattenfall, and Wpd — included that dynamic cables to export power back to shore represent a «significant bottleneck»; «dedicated» mooring solutions would be needed by full - scale floating wind farm units; and that infrastructure and logistics will be «critical» to cost reduction efforts and opening new markets
for the sector, according to scoping projects run by Petrofac, Ramboll and London Offshore Consultants.
Following solid 2017 results E.ON aims
for focused growth during transaction phase of
innogy acquisition
German utility
Innogy reported a 16 % boost in profits at its renewables business in the first quarter, as it braces
for a key role in a planned $ 4.9 bn ($ 5.9 bn) merger between parent group RWE and E.ON that its own board has questioned.
Furthermore, Eon and
Innogy have invested money in the development of new innovation processes (e.g. both make use of innovation hubs and accelerator programs) that aim at developing new digital business models
for utilities.
While this is a rather new business area
for energy utilities, Eon and
Innogy share the vision that digital consumer solutions rather than generation should become the focus of energy utilities in the future.
For RWE, Innogy became responsible for renewable generation, distribution networks and the retail busine
For RWE,
Innogy became responsible
for renewable generation, distribution networks and the retail busine
for renewable generation, distribution networks and the retail business.
Innogy Innovation Hub chose the Ethereum blockchain over developing its own proprietary blockchain
for the project.
Innogy Consulting, an innovation and consulting group based in Berlin,
for example, believes dedicated technology is needed.