Dubai Telegraph - The Med gets first offshore wind farm as Italy vows energy revolution

EUR -
AED 4.215763
AFN 72.319432
ALL 96.250511
AMD 433.530234
ANG 2.054886
AOA 1052.649851
ARS 1605.041005
AUD 1.627805
AWG 2.06627
AZN 1.952677
BAM 1.960904
BBD 2.315928
BDT 141.097233
BGN 1.962163
BHD 0.433516
BIF 3413.584513
BMD 1.147928
BND 1.47143
BOB 7.94568
BRL 6.045904
BSD 1.149893
BTN 106.138709
BWP 15.668849
BYN 3.402355
BYR 22499.382989
BZD 2.312519
CAD 1.569918
CDF 2590.872602
CHF 0.903995
CLF 0.026617
CLP 1051.008272
CNY 7.916795
CNH 7.911483
COP 4240.54825
CRC 541.010441
CUC 1.147928
CUP 30.420084
CVE 110.553218
CZK 24.433584
DJF 204.762935
DKK 7.471654
DOP 70.644173
DZD 151.956974
EGP 60.095851
ERN 17.218916
ETB 179.486229
FJD 2.543695
FKP 0.866615
GBP 0.86424
GEL 3.133911
GGP 0.866615
GHS 12.487501
GIP 0.866615
GMD 84.391326
GNF 10081.028197
GTQ 8.817989
GYD 240.56612
HKD 8.98925
HNL 30.437352
HRK 7.534075
HTG 150.767805
HUF 389.675577
IDR 19505.587538
ILS 3.586138
IMP 0.866615
INR 105.924459
IQD 1506.327068
IRR 1517244.7443
ISK 143.617015
JEP 0.866615
JMD 180.420365
JOD 0.81386
JPY 182.616948
KES 148.654125
KGS 100.386359
KHR 4610.980884
KMF 494.756922
KPW 1033.134925
KRW 1710.52135
KWD 0.352115
KYD 0.958198
KZT 562.92758
LAK 24639.128089
LBP 102968.395132
LKR 357.859841
LRD 210.418571
LSL 19.312464
LTL 3.389532
LVL 0.694369
LYD 7.337096
MAD 10.829887
MDL 20.059208
MGA 4774.447217
MKD 61.66314
MMK 2410.237597
MNT 4099.576954
MOP 9.269466
MRU 46.005739
MUR 53.654501
MVR 17.735995
MWK 1993.797928
MXN 20.440127
MYR 4.511928
MZN 73.364265
NAD 19.312549
NGN 1584.174748
NIO 42.310305
NOK 11.139837
NPR 169.821734
NZD 1.964437
OMR 0.441378
PAB 1.149793
PEN 3.965321
PGK 5.028087
PHP 68.547329
PKR 321.064833
PLN 4.268403
PYG 7418.307578
QAR 4.179897
RON 5.094046
RSD 117.399254
RUB 93.496271
RWF 1677.974562
SAR 4.30773
SBD 9.24279
SCR 15.713391
SDG 689.904142
SEK 10.75777
SGD 1.468045
SHP 0.861243
SLE 28.18199
SLL 24071.482406
SOS 656.010251
SRD 43.10238
STD 23759.785806
STN 24.563932
SVC 10.06123
SYP 126.874693
SZL 19.306248
THB 37.205504
TJS 11.021333
TMT 4.017747
TND 3.400565
TOP 2.763934
TRY 50.72017
TTD 7.798331
TWD 36.719334
TZS 2990.351426
UAH 50.707096
UGX 4323.252098
USD 1.147928
UYU 46.190421
UZS 13884.075513
VES 508.192904
VND 30179.019325
VUV 137.252268
WST 3.139829
XAF 657.671582
XAG 0.014508
XAU 0.000229
XCD 3.102332
XCG 2.072303
XDR 0.817932
XOF 657.66871
XPF 119.331742
YER 273.838357
ZAR 19.27319
ZMK 10332.727681
ZMW 22.381252
ZWL 369.632252
  • RBGPF

    0.1000

    82.5

    +0.12%

  • CMSC

    0.0200

    23.01

    +0.09%

  • CMSD

    -0.0300

    22.96

    -0.13%

  • BCC

    1.6500

    71.65

    +2.3%

  • JRI

    0.1100

    12.7

    +0.87%

  • BCE

    0.4071

    25.655

    +1.59%

  • RIO

    1.9900

    89.82

    +2.22%

  • GSK

    0.7100

    54.1

    +1.31%

  • NGG

    0.2300

    91.13

    +0.25%

  • RYCEF

    -0.2300

    16.32

    -1.41%

  • VOD

    0.2050

    14.615

    +1.4%

  • BTI

    1.3200

    61.25

    +2.16%

  • BP

    0.4620

    43.132

    +1.07%

  • RELX

    0.1350

    34.275

    +0.39%

  • AZN

    2.0800

    191.98

    +1.08%

The Med gets first offshore wind farm as Italy vows energy revolution
The Med gets first offshore wind farm as Italy vows energy revolution

The Med gets first offshore wind farm as Italy vows energy revolution

The Mediterranean's first offshore wind farm is rising from the shallows off Italy, its turbines a symbol of hope for a Europe suffering an energy crisis exacerbated by war.

Text size:

The park will stretch out from the port in Taranto, a city in the south blighted by a noxious steel plant and unemployment, but which now finds itself centre stage in the country's race to scale up green power.

"This is a big chance to change hearts and minds on renewables," said Fabio Matacchiera, an activist in Taranto, where child tumours are well above the average but poor locals cling to jobs in dirty energy.

The Kremlin's invasion of Ukraine in February prompted an outraged European Union to pledge to sharply reduce its dependency on Russian gas, and expand clean energy faster to compensate.

Italy is one of Europe's biggest guzzlers of gas, which currently represents 42 percent of its energy consumption. It imports 95 percent of the gas it uses, 45 percent of which comes from Russia.

An "accelerated investment in renewables... remains the only key strategy in the long term," Prime Minister Mario Draghi told parliament last week, with Rome planning to stop using Russian gas by 2025.

As the Ukraine conflict rages, Italy's cabinet has approved six new wind farms to be built on land, from Sardinia to Basilicata, and has committed to unlocking "several tens of gigawatts of offshore wind power".

- Deep waters -

Offshore is more complicated: average water depths in the Mediterranean are much deeper than in areas such as the North Sea, making bottom-fixed installations difficult and costly.

The Mediterranean is also one of the world's busiest waterways, as well as the sea in Europe most prone to severe climate change.

But the invention of floating turbines has increased its potential.

France recently held the world's first auction for a commercial-sized floating offshore wind farm, and other Mediterranean countries such as Greece and Spain are also planning auctions for large-scale projects, according to the WindEurope association.

Once complete, the Beleolico farm off Taranto's sandy beach in Puglia, down in the heel of Italy's boot-shaped peninsula, will have 10 bottom-fixed, red and white-bladed turbines.

Together they will be capable of powering 21,000 homes.

Renexia, the company behind it, says it also has plans for a vast floating wind farm with 190 turbines off the island of Sicily, which would produce energy for 3.4 million families and create hundreds of jobs.

- Sunken treasures, beach views -

The project has met some opposition from locals convinced it would ruin the view in tourist hotspots -- though Renexia's general manager Riccardo Toto told AFP it would be "practically invisible" from the coast.

Treasure hunters have been known to uncover sunken ancient artefacts off Sicily, but there are none on the site in question, he said.

The turbines can also boost, rather than damage, biodiversity by acting as artificial reefs.

Italy's Ecological Transition Ministry has received 64 expressions of interest for floating offshore wind farms -- but the number of projects held up by bureaucracy is "staggering", WindEurope said.

Beleolico, which Renexia hopes will be operational by May, has been 14 years in the making.

Greenpeace Italy head Giuseppe Onufrio slammed the delays as "absurd".

"Some (farms) are authorised after six, seven years, and the technology changes year by year and so the risk is that plants are authorised despite being outdated."

- Cut red tape -

Draghi insists the government "is working to streamline procedures, cut red tape and speed up investments".

But Davide Tabarelli, economics professor and head of energy think tank Nomisma Energia, told AFP he was "amazed and stupefied" to see Draghi describe renewables as the "only key strategy".

Beleolico, a symbol of Italy's offshore potential, "is constantly being thrown around as the immediate solution to the energy crisis, and the fact that we can do without gas, especially Russian gas".

But there are several "serious problems", he said, not least the difficulties storing wind energy, for suitable batteries do not exist, leading to waste.

Rome's vow that it is readying to turn off the gas to punish the Kremlin is remarkable, he added, "as if, after 30 years of promises on renewables, the problem could be solved in the space of a few weeks".

H.El-Hassany--DT