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The chief financial officer of German utility RWE on Thursday acknowledged the importance of weather to its renewables segment, as the company reported “much lower” wind volumes in Northern and Central Europe for the first half of 2021.

In an interview with CNBC, Michael Müller stressed the need to have a broad range of assets in place to cope with potential fluctuations related to weather conditions.

“I think what you need to do is balance your portfolio,” he said. “So, have a portfolio across different technologies … be it onshore, offshore, or solar or storages, and also across regions.”

“And what we have seen in the first half is there was poorer wind in Europe but at the same time there was stronger wind in the U.S.”

“So our idea is to have a balanced portfolio. But clearly, if you’re a renewables player, you are dependent to some degree on weather conditions.”

For offshore wind, the Essen-headquartered firm’s adjusted earnings before interest, taxes, depreciation, and amortization came in at 459 million euros ($538.5 million) in January to June 2021. This compares to 585 million euros for the same timeframe last year.

Its onshore-solar segment also took a knock, reporting a loss in adjusted EBITDA of 42 million euros.

Referencing this part of its business, RWE said: “The extreme cold snap in Texas led to an earnings shortfall of around €400 million.”

“Additional burdens resulted from below-average wind conditions at onshore wind farm locations in Northern and Central Europe,” it added.

Adjusted EBITDA for the whole group in January to June 2021 came in at 1.75 billion euros, down from 1.83 billion euros in the same period a year earlier. Adjusted net income grew, however, hitting 870 million euros.

Even with the above challenges, RWE described the first half of 2021 as being “very good” financially. “For fiscal 2021, RWE now expects to achieve adjusted EBITDA of between €3.0 billion and €3.4 billion at Group level, which is €350 million higher than forecast in March 2021,” it said. 

Orsted maintains guidance despite low wind speeds

Thursday also saw Danish energy firm Orsted state it would maintain its full-year guidance for 2021 even though it flagged that lower wind speeds had affected output in the first six months of the year.

In a statement, Orsted said operating profit for the first half of 2021 came in at 13.1 billion Danish krone (around $2.1 billion), a 3.3 billion krone jump compared to the same period in 2020.

Nevertheless, the firm experienced challenges related to wind speeds. “Earnings from our offshore and onshore wind farms in operation were DKK 0.3 billion lower compared to the same period last year,” the company said.

“The increased generation capacity from new wind farms in operation was more than offset by significantly lower wind speeds across our portfolio,” it added.

Breaking things down, Orsted’s investor presentation said wind speeds in the second quarter of 2021 came in at 7.8 meters per second, which was “significantly lower than normal wind speeds” of 8.6 meters per second.

Looking ahead, the company said it maintained its full-year EBITDA guidance of 15-16 billion Danish krone but added that it was expecting an “outcome in the low end of the guided range.”

This was due to the lower wind speeds as well as “warranty provision towards our partners related to cable protection system issues at some of our wind farms.”

Orsted is a major player in wind energy. In offshore wind alone, its installed capacity amounted to 7.6 gigawatts at the end of 2020.

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New DOE report finds 90% of wind turbine materials are recyclable

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New DOE report finds 90% of wind turbine materials are recyclable

The US Department of Energy (DOE) has released an encouraging new report revealing that 90% of wind turbine materials are already recyclable using existing infrastructure, but tackling the remaining 10% needs innovation.

That’s why the Biden administration’s Bipartisan Infrastructure Law has allocated over $20 million to develop technologies that address these challenges.

Why this matters

The wind energy industry is growing rapidly, but questions about what happens to turbines at the end of their life are critical. Recyclable wind turbines means not only less waste but also a more affordable and sustainable energy future.

According to Jeff Marootian, principal deputy assistant secretary for the Office of Energy Efficiency and Renewable Energy, “The US already has the ability to recycle most wind turbine materials, so achieving a fully sustainable domestic wind energy industry is well within reach.”

The report, titled, “Recycling Wind Energy Systems in the United States Part 1: Providing a Baseline for America’s Wind Energy Recycling Infrastructure for Wind Turbines and Systems,” identifies short-, medium-, and long-term research, development, and demonstration priorities along the life cycle of wind turbines. Developed by researchers at the National Renewable Energy Laboratory, with help from Oak Ridge and Sandia National Laboratories, the findings aim to guide future investments and technological innovations.

What’s easily recyclable and what’s not

The bulk of a wind turbine – towers, foundations, and steel-based drivetrain components – is relatively easy to recycle. However, components like blades, generators, and nacelle covers are tougher to process.

Blades, for instance, are often made from hard-to-recycle materials like thermoset resins, but switching to recyclable thermoplastics could be a game changer. Innovations like chemical dissolution and pyrolysis could make blade recycling more viable in the near future.

Critical materials like nickel, cobalt, and zinc used in generators and power electronics are particularly important to recover.

Key strategies for a circular economy

To make the wind energy sector fully sustainable, the DOE report emphasizes the adoption of measures such as:

  • Better decommissioning practices – Improving how turbine materials are collected and sorted at the end of their life cycle.
  • Strategic recycling sites – Locating recycling facilities closer to where turbines are decommissioned to reduce costs and emissions.
  • Advanced material substitution – Using recyclable and affordable materials in manufacturing.
  • Optimized material recovery Developing methods to make recovered materials usable in second-life applications.

Looking ahead

The DOE’s research also underscores the importance of regional factors, such as the availability of skilled workers and transportation logistics, in building a cost-effective recycling infrastructure. As the US continues to expand its wind energy capacity, these findings provide a roadmap for minimizing waste and maximizing sustainability.

More information about the $20 million in funding available through the Wind Turbine Technology Recycling Funding Opportunity can be found here. Submission deadline is February 11.

Read more: The California grid ran on 100% renewables with no blackouts or cost rises for a record 98 days


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Mazda finally reveals plans to build its first dedicated EV: Here’s what we know so far

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Mazda finally reveals plans to build its first dedicated EV: Here's what we know so far

Mazda is finally stepping up with plans to build its first dedicated EV. The upcoming Mazda EV will be made in Japan and based on a new in-house platform. Here’s what we know about it so far.

The first dedicated Mazda EV is coming soon

Although Mazda isn’t the first brand that comes to mind when you think of electric vehicles, the Japanese automaker is finally taking a step in the right direction.

Mazda revealed on Monday that it plans to build a new module pack plant in Japan for cylindrical lithium-ion battery cells.

The new plant will use Panasonic Energy’s battery cells to produce modules and EV battery packs. Mazda plans to have up to 10 GWh of annual capacity at the facility. The battery packs will power Mazda’s first dedicated EV, which will also be built in Japan using a new electric vehicle platform.

Mazda said it’s “steadily preparing for electrification technologies” under its 2030 Management Plan. The strategy calls for a three-phase approach through 2030.

The first phase calls for using its existing technology. In the second stage, Mazda will introduce a new hybrid system and EV-dedicated vehicles in China.

Mazda-first-dedicted-EV
Mazda EZ-6 electric sedan (Source: Changan Mazda)

The third and final phase calls for “the full-fledged launch” of EVs and battery production. By 2030, Mazda expects EVs to account for 25% to 40% of global sales.

Mazda launched the EZ-6, an electric sedan, in China last October. It starts at 139,800 yuan, or around $19,200, and is made by its Chinese joint venture, Changan Mazda.

Mazda-first-dedicted-EV
Mazda EZ-6 electric sedan (Source: Changan Mazda)

Based on Changan’s hybrid platform, the electric sedan is offered in EV and extended-range (EREV) options. The all-electric model gets up to 600 km (372 miles) CLTC range with fast charging (30% to 80%) in 15 minutes.

At 4,921 mm long, 1,890 mm wide, and 1,485 mm tall with a wheelbase of 2,895 mm, Mazda’s EZ-6 is about the size of a Tesla Model 3 (4,720 mm long, 1,922 mm wide, and 1,441 mm tall with a 2,875 mm wheelbase).

Mazda-first-dedicted-EV-interior
Mazda EZ-6 interior (Source: Changan Mazda)

Inside, the electric sedan features a modern setup with a 14.6″ infotainment, a 10.1″ driver display screen, and a 50″ AR head-up display. It also includes zero-gravity reclining seats and smart features like voice control.

The EZ-6 is already off to a hot sales start, with 2,445 models sold in November. According to Changan Mazda, the new EV was one of the top three mid-size new energy vehicle (NEV) sedans of joint ventures sold in China in its first month listed.

Will Mazda’s first dedicated EV look like the EZ-6? We will find out with Mazda aiming to launch the first EV models on its new in-house platform in 2027. Stay tuned for more.

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Trump says he will revoke Biden offshore drilling ban on first day in office

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Trump says he will revoke Biden offshore drilling ban on first day in office

A view of offshore oil and gas platform Esther in the Pacific Ocean on January 5, 2025 in Seal Beach, California. 

Mario Tama | Getty Images

President-Elect Donald Trump said Tuesday that he will reverse President Joe Biden‘s ban on offshore drilling along most of the U.S. coastline as soon as he takes office.

“I’m going to have it revoked on day one,” Trump said at a news conference, though he indicated that reversing the ban might require litigation in court.

Biden announced Monday that he would protect 625 million acres of ocean from offshore oil and gas drilling along the East and West coasts, the eastern Gulf of Mexico, and Alaska’s Northern Bering Sea. The president issued the ban through a provision of the 1953 Outer Continental Shelf Lands Act.

An order by Trump attempting to reverse the ban will likely end up in court and could ultimately be struck down.

During his first term, Trump tried to issue an executive order to reverse President Barack Obama’s use of the law to protect waters in the Arctic and Atlantic from offshore drilling. A federal court ultimately ruled that Trump’s order was not lawful and reversing the ban would require an act of Congress.

The Republican Party has a majority in both chambers of the new Congress.

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