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

EUR -
AED 4.236376
AFN 76.133616
ALL 93.420643
AMD 421.8111
AOA 1058.949439
ARS 1713.530983
AUD 1.646514
AWG 2.076371
AZN 1.958861
BAM 1.957818
BBD 2.322964
BDT 142.415095
BHD 0.43492
BIF 3412.21077
BMD 1.153539
BND 1.479129
BOB 14.041502
BRL 5.845791
BSD 1.153319
BTN 109.902159
BWP 15.686288
BYN 3.371457
BYR 22609.369221
BZD 2.319631
CAD 1.618303
CDF 2624.302102
CHF 0.932031
CLF 0.02712
CLP 1070.854022
CNY 7.787893
CNH 7.788795
COP 3639.450927
CRC 523.90606
CUC 1.153539
CUP 30.56879
CVE 110.369697
CZK 24.208986
DJF 205.377491
DKK 7.47573
DOP 66.904916
DZD 153.477055
EGP 57.913554
ERN 17.303089
ETB 186.154206
FJD 2.556701
FKP 0.855633
GBP 0.856451
GEL 3.016504
GGP 0.855633
GHS 13.476959
GIP 0.855633
GMD 84.785821
GNF 10127.607036
GTQ 8.799538
GYD 241.672393
HKD 9.04658
HNL 30.913995
HRK 7.538959
HTG 150.795659
HUF 363.957818
IDR 20738.328564
ILS 3.519863
IMP 0.855633
INR 109.943652
IQD 1510.86595
IRR 1586260.655293
ISK 142.035017
JEP 0.855633
JMD 182.698059
JOD 0.817844
JPY 180.742869
KES 149.325704
KGS 100.877274
KHR 4660.542191
KMF 492.56182
KRW 1645.592583
KWD 0.357139
KYD 0.961137
KZT 547.100836
LAK 26085.423004
LBP 103285.119208
LKR 387.237404
LRD 208.182896
LSL 19.021156
LTL 3.406102
LVL 0.697765
LYD 7.351164
MAD 10.753881
MDL 20.137626
MGA 4912.788032
MKD 61.580016
MMK 2422.066909
MNT 4145.276222
MOP 9.31628
MRU 46.191819
MUR 54.146996
MVR 17.833369
MWK 1999.879747
MXN 19.978931
MYR 4.724433
MZN 73.722409
NAD 19.021156
NGN 1571.985528
NIO 42.440259
NOK 10.994527
NPR 175.844617
NZD 1.963491
OMR 0.44354
PAB 1.153309
PEN 3.895295
PGK 5.089961
PHP 70.289782
PKR 320.256224
PLN 4.303105
PYG 6879.675151
QAR 4.204479
RON 5.246639
RSD 117.369172
RUB 92.456578
RWF 1691.348398
SAR 4.317154
SBD 9.321872
SCR 15.546683
SDG 692.12388
SEK 10.984531
SGD 1.478532
SLE 28.489446
SOS 659.139544
SRD 43.58244
STD 23875.933406
STN 24.523795
SVC 10.091573
SZL 19.024459
THB 38.451495
TJS 10.651042
TMT 4.048923
TND 3.384384
TRY 54.835138
TTD 7.820554
TWD 37.44123
TZS 3051.416957
UAH 51.735221
UGX 4316.2066
USD 1.153539
UYU 46.385207
UZS 13828.417316
VES 860.19006
VND 30323.086159
VUV 137.329026
WST 3.154343
XAF 656.596923
XAG 0.019892
XAU 0.000284
XCD 3.117497
XCG 2.078617
XDR 0.815358
XOF 656.596923
XPF 119.331742
YER 274.883152
ZAR 18.99412
ZMK 10383.236811
ZMW 21.674843
ZWL 371.439167
  • RBGPF

    0.0000

    69.21

    0%

  • CMSC

    0.0300

    21.84

    +0.14%

  • BCC

    1.0000

    76.38

    +1.31%

  • CMSD

    0.0900

    22.11

    +0.41%

  • AZN

    -1.7000

    169.64

    -1%

  • BTI

    -1.0400

    60.65

    -1.71%

  • RIO

    -0.3300

    96.85

    -0.34%

  • NGG

    -0.4200

    79.97

    -0.53%

  • BCE

    -0.0200

    21.68

    -0.09%

  • GSK

    -0.3800

    51.69

    -0.74%

  • RYCEF

    -0.3100

    19.55

    -1.59%

  • JRI

    0.0900

    12.96

    +0.69%

  • RELX

    -1.1900

    35.42

    -3.36%

  • VOD

    -0.3600

    15.78

    -2.28%

  • BP

    1.0000

    45.22

    +2.21%

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