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The Uptime Wind Energy Podcast

Duke Energy Sale, RWE/Con Edison Powerhouse, RWE Locks-In Jan De Nul Ships, Balmoral Stops Scour, Kansas State Wins, WFotW Hollandse Kust Zuid

N/A • 20 juni 2023
Rosemary, Joel and Allen discuss the Duke Energy sale of its renewables business to Brookfield Renewable for a massive $2.8B. The RWE merger with Con Edison makes it the #4 renewable energy company in the US. RWE also locked-in ship provider Jan De Nul in a multi-year deal - will other operators make similar moves? Balmoral has a new product to prevent scour at fixed bottom offshore turbines. Kansas State goes back-to-back in the Collegiate Wind Competition and our Wind Farm of the Week is Vattenfall's Hollandse Kust Zuid 1.5GW offshore farm! Visit Pardalote Consulting at https://www.pardaloteconsulting.comWind Power LAB - https://windpowerlab.comWeather Guard Lightning Tech - www.weatherguardwind.comIntelstor - https://www.intelstor.com Sign up now for Uptime Tech News, our weekly email update on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard's StrikeTape Wind Turbine LPS retrofit. Follow the show on Facebook, YouTube, Twitter, Linkedin and visit Weather Guard on the web. And subscribe to Rosemary Barnes' YouTube channel here. Have a question we can answer on the show? Email us!  Uptime 170 Allen Hall: So Rosemary, I know you're a big, uh, soccer fan or football fan. Uh, I dunno if you saw that man said he won the trouble. I'm sure you were watching diligently, like every good football fan does. I watched that game. I made myself watch it. Why? It was important to the people of Manchester. Rosemary Barnes: Oh, the people of Manchester. Important to you, Allen.  Allen Hall: It is because that's the home of Oasis. That's valid. They had a really good time in Manchester over the weekend. Let me tell you. It was. Party Central. So,  Joel Saxum: so this week on the podcast we're gonna talk about Duke Energy selling some assets to, uh, unregulated assets to Brookfield, uh, renewables, and for 2.8 billion, which is a couple more dollars than the city of Manchester spent on their celebration. Um, Oh, after that, we're gonna get into R W E, becoming the number four renewable company in the US after their, uh, merger or acquisition with ConEd. Uh, and then also staying with r w e, the, the, the big German player there. Uh, tying up with Jan Renewal and some installation vessels for offshore wind in the future. And  Allen Hall: then we head over to the UK in particular, Scotland with our Mor and their Hex defense Scour protection, which is, uh, a new design and a, and a patented. Designed to get rid of, scour around, uh, fixed bottom foundations.  Rosemary Barnes: And then we're gonna talk about the 2023 Collegiate Wind Competition, which was won for the second year in a row by Kansas State University's Wildcat Wind Power, and then Wind Farm of the Week. This week is in the Netherlands. It's of the South, throughout the Netherlands, LAN se. I'm  Allen Hall: Allen Hall, president of Weather Garden, lightly taken. I'm here with the Vice President of North American Sales for Wind Power Lab. Joel Saxon and renewables expert Rosemary Barnes, and this is the Uptime Wind Energy Podcast. Duke Energy has announced an agreement to sell its unregulated utility scale commercial renewables business to Brookfield Renewable for approximately 2.8 billion. Joel, that's a nice tidy amount. Brook Brookfield Renewable, uh, is one of the world's largest owners in operators of renewable power, and we'll acquire the business including about 3.4 gigawatts of a utility scale, solar, wind, and battery storage across the United States. Duke Energy, obviously Will, will book a profit of about 1.1 billion before this whole thing is settled. So I think it works out for both sides. Joel. Uh, the approval's gonna end up finishing up the end of this year, so there's, there's a lot of legal going around and contracts and right, and oversight that has to happen before you can close in this kind of business.
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