BOEM has cancelled its Gulf of Mexico offshore wind lease auction due to lack of interest. We explore why companies are hesitant to put turbines in the gulf, examining challenges and opportunities for wind projects in Texas and Louisiana from both financial and technical perspectives. Phil and Rosemary discuss downwind turbine designs for hurricane-prone areas and the complex economics of wind energy projects in the region. Our Wind Farm of the Week is the farm built for the 2018 Winter Olympics in Pyeongchang, South Korea, showcasing the potential of wind energy on a global stage.
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Allen Hall: Have you seen the Oscar Mayer Wienermobile up close, Joel? Have you been around that thing?
Joel Saxum: I have, I've actually sat in it and I think I know where this story is going.
Allen Hall: I been up close to it and I don't remember where it must have been an automobile museum and to the peanut mobile Which is another engineering marvel not seen that I saw them both driving down a highway one day I thought man either I'm really tired Strange vehicles on the road today But the wiener mobile flipped over outside of Chicago, did you see that It looked like a, did it look like somebody fell asleep and hit one of those concrete barriers that you can always find in Chicago?
Joel Saxum: My thought was, I was actually joking with a friend about it, is cause I'm from Wisconsin, so there's this rivalry between Chicago and the people in Wisconsin. And it was brats versus the all, the all beef hot dogs in Chicago that they make the Chicago dogs. And they're saying that they wanted to keep the Wienermobile in Chicago so much that they, someone actually sabotaged it. I don't know, that's probably not what happened, of course, but that was the joke.
Allen Hall: Is there a Bratmobile?
Joel Saxum: There's not. I will tell you this, if you'd like to see some great American entertainment, tune into a Milwaukee Brewers game and watch the Sausage Race. And you will see hot dogs and brats, polishes.
Italian sausage. That's the fourth one. Are these the four
food groups up in Wisconsin? Yes,
yes. Yes they are. Number five is cheese curds and number six is beer.
That rounds it out nicely. So the Wienermobile needs a little TLC based on the photos I've seen and they're gonna have to put that thing back together.
That's a hallmark of America, right? There's things to be proud of. That's one of them, man on the moon, Wienermobile.
I'm Allen Hall, and I'll be joined by the rest of the Uptime host after these news headlines. In our first story, German wind turbine manufacturer Nordex is reporting a significant turnaround in its financial performance. For the first half of 2024, the company saw a dramatically reduced net loss of 12.6 million euros, a substantial improvement from the 298 million Euro loss reported in the same period last year.
This positive trend is further underscored by a 24.7% increase in sales reaching 3.43 billion euros. In light of these encouraging results, Nordics has revived its 2024 guidance upward now projecting an EBITDA margin between three and 4%. Amid these industry dynamics, the United Kingdom is making bold moves to accelerate its wind energy sector.
The British government has unveiled ambitious plans to support an additional 20 to 30 gigawatts of offshore wind by 2030...