#France seems to have avoided a far-right government, which is positive for offshore wind in the country France's parliamentary elections saw the left-coalition Nouveau Front Populaire emerging victorious with the largest number of seats, while Macron’s Ensemble coalition received the second most seats. The right-wing Rassemblement National (RN) became the third largest party, but failed to secure the desired absolute majority and is unlikely to be part of the new government coalition. This is good news for the French #offshorewind sector, as it seems to have voided the strong opposition from RN that promised a mortarium of #wind energy during the election campaign. However, the parliament’s new composition also creates uncertainty as negotiations to form a new government are expected to be difficult and could drag out. Interested in getting a comprehensive overview of the French offshore wind market? Aegir Insights’ intelligence products offer thorough coverage and analysis of opportunities, including: 🔹 Auction outlooks 🔹 Cost forecasts 🔹 Announced projects 🔹 Competitors and partnerships and more. Reach out to us here: https://lnkd.in/egxcvDZB or contact Market Analyst Alba Teodoro Pujol for the latest insights on France and stay ahead of your competitors with Aegir Insights’ offshore wind intelligence.
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Executive Director (ESI), Dean's Chair (Mechanical Engineering), Founder (CoolestDC), PhD, ASME Fellow
What the history-making elections of 2024 could mean for energy A new government in the UK, gridlock in France and the dramatic face-off in the US will have consequences for investment and the transition to clean fuels Summary: The 2024 elections in major countries, including the United Kingdom, France, South Africa, Mexico, and the United States, could significantly impact global energy policies and investment trajectories. In the UK, the Labour Party's victory signals a strong push towards a carbon-free power grid by 2030, with substantial implications for renewable energy developers, though oil and gas sectors may face challenges. France's political gridlock could stall critical energy projects, particularly in nuclear and renewables, creating uncertainties for the energy transition. South Africa's coalition government presents opportunities for clean energy developers but also raises concerns about the stability of energy policies. Mexico’s new administration, under Claudia Sheinbaum, is expected to continue state control over energy while cautiously encouraging private investment in renewables. Finally, the US elections will determine the future of tax incentives for clean energy, with a Trump victory likely favoring oil and gas, while a Democratic win would further the transition to low-emission technologies. #2024Elections #EnergyTransition #RenewableEnergy #ClimatePolicy #GlobalEnergy https://lnkd.in/g5_2mX_T
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Offshore Energies UK led by David Whitehouse, supported by a dedicated team and 4️⃣0️⃣0️⃣ member Companies issued “our” industry manifesto setting out how, if we choose a #homegrown_energy_transition, we can:- ✅ Protect skills ✅ Secure investment ✅ Maximise sustainability All whilst this Sector and OEUK members continue to:- ✅ Maintain Safe Operations ✅ Support Energy Security ✅ Reduce Emissions ✅ Inspire the next generation ✅ Progress on our Journey to #Net_Zero with “Government” Support 👇
The UK General Election will be on the 4th July. Commenting on the announcement, our CEO David Whitehouse said 👇 🗣 "Offshore Energies UK is proud to represent over 400 organisations and their skilled people across our world class offshore energy industry and in every parliamentary constituency. As the country prepares to decide on its future government on 4 July, we call on all parties to choose a homegrown energy transition. A transition that safeguards jobs, energy security and accelerates economic growth. Policy decisions made by the new Government will be felt for decades to come. This General Election campaign is an opportunity for all parties to support our world class industry and its people.” Our industry manifesto sets out how, if we choose a homegrown energy transition, we can protect skills, secure investment and maximise sustainability. Read it here ➡ www.oeuk.org.uk/manifesto
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A home based energy transition offers economic growth in the short, medium and long term for the UK.
Chief Executive Officer at OEUK, the leading trade body for the integrating offshore energy sector
Congratulations to Sir Keir Starmer on today’s General Election result. Now the important work of government begins. The Labour party has put economic growth at the heart of its plans, and our offshore energy sector can deliver just that. But we need the partnership between industry and government that our new Chancellor Rachel Reeves and the new Secretary of State for Energy Secretary and Net Zero have committed to. Today outside No.10 the Prime Minister said that in order to navigate the storms of history, depends “upon politicians, recognising when we must change course”. You can only choose the right course through engagement. Labour leaders have assured us that they are committed to continue dialogue when elected and to give industry a voice at the table at the earliest opportunity – it is our job to hold them to that promise. Important times ahead. Offshore Energies UK
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How will the new Labour government transform the United Kingdom's energy landscape? Today (5 July 2024) a new Prime Minister and Party were elected into power with Sir Keir Starmer and the Labour Party securing a substantial majority in the House of Commons. Following victory, the Labour Party is promising transformational changes in energy policy that will shape the United Kingdom energy industry for years to come. #uk #ukenergy #nusconsulting #NUSConsultingGroup
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Founding Director at Flare Solutions | 30 Years in Energy | Information Management Specialist | Delivering Strategic IM Solutions and Innovation for Energy
UK Election causes waves on the north sea. With the UK elections on the horizon, the timeline for the first oil from the major Buchan redevelopment project is shifting to late 2027. So, what does this mean for the industry and stakeholders? Jersey Oil & Gas (JOG) reveals that the Buchan project, a significant field on the UK Continental Shelf, is adjusting its timeline. NEO Energy, Serica Energy, and JOG are closely monitoring the upcoming elections, hoping for fiscal clarity to greenlight their ambitious plans. The elections could bring crucial fiscal policies that will determine the financial attractiveness and feasibility of the project. Despite the delay, work is moving forward with a second offshore survey starting soon and major contract awards which are expected in 2025. This project promises not only to bolster the UK's energy transition with low-carbon solutions but also to create highly skilled jobs. How do you think the UK election will affect the Energy Industry? - Comment Below
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Starting today, all EU Citizens can vote in the 2024 EU Parliamentary elections! 🗳️👇 This election will significantly shape the future of the EU energy transition and our energy systems. A Parliament supportive of ambitious climate and energy policies can accelerate progress towards a sustainable energy future by: ✅ Dedicating more funding and resources to improve infrastructure and energy efficiency initiatives and enable greater policy alignment and cohesion amongst member states regarding goals and strategies. ✅ Stimulating innovation and creating new job opportunities in renewable energy sectors, contributing to economic growth and competitiveness. ✅ By diversifying energy sources and reducing dependence on fossil fuels, EU member states can increase their energy security, making them less vulnerable to geopolitical tensions and supply disruptions. Here, demand-side #flexibility really shines through! ✨ 🇪🇺 Read more about the upcoming elections and their potential impact: https://lnkd.in/erA97eET 📺 You can also watch this video (among many others!) on our YouTube channel: https://lnkd.in/gQBj4f9m #EUElections #EnergyTransition #DemandResponse
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As voters across Europe cast their votes on the fourth and final day of the European Elections, I’m standing firmly with Jochen Eickholt and the members of Siemens Energy and Siemens Gamesa on the #WeStandForValues initiative, an alliance of over 30 German companies taking a stand for a united Europe. I'm inspired by our industry every day, and proud to have played my own small part in helping to realize the benefits we have already seen in Europe and across the globe through the energy transition, including local job creation, investments in local infrastructure, and many other community benefits. The wind industry increases Europe's energy security, helps protect our environment, and helps fight climate change. We can only continue to achieve our climate and energy goals when we bring our diverse perspectives together, share, collaborate, and remain united in Europe. We are always stronger together. The principles of togetherness, openness, diversity, and tolerance are essential for safeguarding the future - not just our democracies - but industries like wind that depend on stability and international cooperation. The wind industry has key policy priorities in 2024 that hinge on elected leaders who champion renewable energy and climate action. We need policymakers who will enact measures to accelerate the wind energy transition, from streamlining permitting to upgrading grid infrastructure. Voter choices will be pivotal in determining whether Europe meets its clean energy targets or loses ground to competing nations. The stakes could not be higher for the wind industry and the fight against climate change. I urge all my connections to exercise your democratic rights and #UseYourVote for candidates who will safeguard European values and the future of wind power on our continent. #TeamPurple #MoreWindNow #WindEnergy
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The looming US presidential election could hold sizable implications for offshore wind momentum in the US, and the contest between Kamala Harris and Donald Trump comes at a pivotal moment following headwinds that plagued project development in the nascent sector. Learn more >> https://bit.ly/4bWGiNM #windpower #offshorewind #uselections #electionrisk #energypolicy #energyinfrastructure #permittingreform #taxcredits #energytransition
US Election Comes at Critical Time for Offshore Wind
energyintel.com
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The very first plenary of the new European Parliament is kicking off today! Newly elected and returning MEPs will have a busy week filled with key votes for the new mandate including that of the EP's President tomorrow and the new Commission's President on Thursday. While concrete legislative work will not resume until after the summer recess, we'll soon know the MEPs in charge of energy and industrial policy, with the appointment of MEPs to their respective committees coming on Friday. Carbon-Free Europe is monitoring developments from Parliament and looking forward to what will surely be an eventful plenary. #EP2024 #EU #Energy #NetZero
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General Election: Brave new world or more of the same? Rinnai UK and Europe's Chris Goggin reviews the NetZero policy statements espoused by both of the main political parties this side of the General Election and considers the viability of these plans and gives a summary of the key issues regarding investment, infrastructure and cost evaluated against the trajectory of the international energy market and realistic domestic requirements ⬇️ https://hubs.la/Q02CqDqw0
General Election: Brave new world or more of the same?
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