K2M appointed lender's technical advisor for flagship project by Inch Cape
08-Aug-2022 11:45:00 | Development, Offshore wind
K2 Management has been selected by Inch Cape Offshore Limited to operate as lender’s technical advisor on its wind farm located off the Angus coast in Scotland. Recently awarded a Contract for Difference (CfD) under the UK Round 4 Allocation, ICOL is a joint venture between Red Rock Power Limited and Irish energy company ESB...
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How can the skills shortage in the UK offshore wind industry be tackled?
20-Jul-2022 12:05:36 | Development, Offshore wind
The offshore wind industry in the UK and around the world is undergoing immense growth. According to a report by Research and Market, the global market is expected to grow 12.3% between 2021 and 2026, with revenue increasing from $31.8 billion to $56.8 billion. With Ireland, Germany, France, Spain, South Korea, Japan and..
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Contracts for Difference - should it stay or should it go?
18-Jul-2022 16:20:47 | Development, Offshore wind, Procurement & supply chain
The biggest ever round of the UK government’s flagship renewables auction scheme was finalised last week with offshore wind emerging as one of the sector’s biggest winners. Fundamentally, these auctions represent another positive step in the longer-term realisation of the UK's offshore wind capacity. It will, however, be..
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'Slow down to speed up' approach needed to hit ambitious renewables targets
20-Jun-2022 12:18:57 | Onshore wind, Development, Offshore wind, Procurement & supply chain
The European wind industry needs to slow down in its attempts to further drive down the levelized cost of energy (LCOE) and scale back on building bigger turbines. This, at least, is the view of K2 Management, a leading renewable energy engineering and project management consultancy, which believes that unless the inexorable..
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How strong partnerships can turbo-charge clean energy roll out in APAC
09-Jun-2022 21:15:02 | Solar PV, Due Diligence, Onshore wind, Engineering, Development, Offshore wind, Pre-development
Asia Pacific’s renewable energy potential is huge. The region is home to some of the fastest growing economies in the world and a rapidly expanding population. Unsurprisingly, the United Nations recently cited that the demand for energy is growing faster in this corner of the world than anywhere else. With an abundance of..
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Levelling up wind industry economics could protect supply chain
09-Jun-2022 21:14:23 | Development, Offshore wind, Procurement & supply chain, Pre-development
Renewable energy demand is increasing, most recently driven by a determination to reduce reliance on Russian oil and gas with a longer-term goal to achieve hugely ambitious net-zero targets set by governments all over the world. Ambitious pledges are being announced frequently – most recently the combined promise from..
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