MAKE is now Wood Mackenzie Power & Renewables

One year has passed since Verisk Analytics acquired MAKE. During the last couple of months, GTM, Wood Mackenzie and MAKE have finally fused their powers and come together as one brand: Wood Mackenzie Power & Renewables, the leading insight and advisory firm for renewable energy. In September we launch our new digital platform for clients, bringing together all of MAKE’s wind research, GTM’s solar, storage and grid edge products Wood Mackenzie’s insights on power fundamentals. Learn more about us on https://www.woodmac.com/our-expertise/capabilities/power-and-renewables/our-latest-thinking/

Meet us in Barcelona for GPEX 2018

A team from Wood Mackenzie Power & Renewables will attend the brand-new Global Power & Energy Exhibition GPEX, as part of Gastech 2018 in Barcelona. Meet us at booth GPEX 12 and get to know our combined services. Don’t miss out on our Senior Analyst and storage expert Rory McCarthy presenting “Renewables-Plus-Storage – Dispatchable Clean Power” at the conference on September 18th at 10:30AM. If you wish to meet with our experts at the expo to find out more about our renewables research & advisory, please get in touch [email protected].

WindEnergy Hamburg: Join us to discuss the future of offshore turbines and more

Get to know our new combined research offering at our booth as part of WindEnergy Hamburg 2018. Meet with one of our experts to discover how we can support your business in Hall B5, Booth 138. On September 26th, get a taste of our insights as Senior Analyst Shashi Barla speaks at the WindEnergy conference as part of the session “Offshore turbines: bigger, better?”. Our meeting schedules for this busy week are filling up quickly, so please send us your requests as soon as you can to [email protected]

2018 stays on track for a big year in wind power growth

Following the upgrades in our last 10-year wind power outlook, Q3 is looking to be similarly promising. With the top 20 markets remaining stable and select markets like Denmark setting additional targets, 2018 is setting the stage for annual growth. Strong offshore wind order intake in Europe and Asia led to a Q2 record, with order capacity increasing 100%+ YoY. Read about all wind energy market trends and developments in our upcoming Q3 Market Outlook Update.

Offshore wind to become China’s wind power driver

With more than 40GW of offshore projects in the pipeline, offshore wind power is on its way of turning into the main growth point of Chinese wind power. The country’s Fourteenth Five-Year Plan forecasts a rapid growth of offshore wind from 2021 to 2025, as the technology improves and the offshore supply chain matures. This growth is regionally concentrated in the provinces of Fujian, Guangdong, and Jiangsu, which will together install 90% of the project pipeline.

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In the race for offshore wind leadership playing out up and down the east coast, New Jersey just made a big move—the Garden State’s Board of Public Utilities has approved the country’s largest single offshore wind solicitation. The Board is seeking 1,100 megawatts (MW) of new offshore wind capacity.

Since taking office earlier this year, Gov. Phil Murphy has made offshore wind development a major priority.

“In the span of just nine months, New Jersey has vaulted to the front of the pack in establishing this cutting-edge industry,” he said. “We campaigned on rebuilding New Jersey’s reputation as a clean energy leader, and that involves setting an aggressive timetable on offshore wind. Thanks to the board, today we took another enormous step toward realizing that goal with the largest single-state solicitation of offshore wind in the country.”

Besides clean energy, New Jersey’s move to bring offshore wind energy to its shores also means new jobs for its residents.

“It wouldn’t surprise me if, down the road, to see wind turbine manufacturers relocating or having satellite facilities in New Jersey,” said board President Joseph L. Fiordaliso.

In fact, a recent study found the East Coast’s current offshore wind commitments could create nearly 40,000 full-time jobs by 2028, and building an offshore wind project requires 74 different occupation types, according to the Workforce Development Institute.

New Jersey’s announcement continues a 2018 trend of exciting news for American offshore wind power. There’s been encouraging news from North Carolina up through Massachusetts as this new ocean energy resource begins to take shape. Look for this good news to continue in the months ahead.

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At Fort Benning, Georgia, American wind power is helping the U.S. Army secure competitive, productive and well-paying careers for its veterans.  

Earlier this summer, the Fort Benning Career Skills Program launched a new course to help transition soldiers and veterans to jobs in wind energy and other renewable industries.  

In partnership with Airstream Renewables Inc., the 28-day Renewable Energy and Communications Tower Technician Program prepares students for entry-level positions in communication towers, wind energy and other alternative energy industries.  

“We started out transitioning civilians to Soldiers; now we want to transition these experienced Soldiers to be civilians again with good paying jobs,” said George Steuber, the U.S. Army Garrison Fort Benning deputy garrison commander. “We’re going to make sure that when you go on and you are done with your active-duty career that there is another career out there that is equally competitive and productive in the civilian economy.” 

And wind power is a good place to look for these careers– veterans find jobs in wind at a rate 72 percent higher than the average U.S. industry. Plus, there are plenty of wind jobs openings. According to the Bureau of Labor Statistics, wind technician is the second fastest growing job in the country and is expected to grow as much as 108 percent by 2024. The wind industry currently supports more than 105,500 jobs across all 50 states.

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Veterans come to the wind industry with experience in teamwork, responsibility, discipline, technical skills, dexterity, and physical fitness. The men and women who have served our country are a significant reason why U.S. wind power has grown so successfully in recent years.  

The Department of Energy’s Office of Energy Efficiency and Renewable Energy has more information on wind energy education and workforce development. 

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Renewables Now

Argentina is looking to contract 400 MW of clean energy from medium scale projects in the third round of its RenovAr renewable energy auction programme.

The tender, which will also focus on promoting the regional development of the country, was announced on Thursday by Renewable Energy Deputy Secretary, Sebastian Kind, during the Argentina Wind Power 2018 event.