News from DNV

2024

12 December, 2024

Research project develops innovative models that cut offshore wind energy costs by up to 9%

Offshore wind turbines face higher wind speeds than onshore turbines and face strong ocean currents, requiring more robust designs and significantly higher capital costs. While they generate more energy due to stronger winds, these increased costs result in a higher levelized cost of energy (LCOE). The HIPERWIND project has developed new design simulation models that reduce the LCOE by up to 9%, thus making offshore wind turbine construction and operation more cost-effective and reliable.

  • Corporate
  • Energy
03 December, 2024

Spain needs immediate action for 2050 climate neutrality despite significant emission reductions, DNV finds

DNV’s first Spain-focused Energy Transition Outlook (ETO) underscores the critical need to accelerate efforts toward achieving the country’s 2050 climate neutrality goals. The report reveals that while Spain is on track to reduce CO₂ emissions by 74% compared to 1990 levels by mid-century, this pace lags behind the ambitious milestones outlined in the National Energy and Climate Plan (NECP).

  • Energy