Siemens Announces Major Problems With Wind Turbines
Siemens Energy has announced that quality problems at its wind turbine unit will take years to fix, wiping a third off its market value. Addressing the issues will cost nearly $1.09 billion as the company reported flaws in rotor blades and bearings that could cause damage ranging from small cracks to component failures that would lead to the components needing to be replaced.
University Researchers Tackle Old Turbines
Engineering researchers at the University of Edinburgh have received a grant of more than $138,000 from renewables investor Greencoat UK Wind to develop their innovative wind turbine recycling process. The researchers’ work includes developing a technique to turn old wind turbine blades into powders that could be used to protect engineering and structural components, including new wind turbine blades.
US Seeking Carbon Fraud Whistleblowers
The US Commodity Futures Trading Commission (CFTC) announced it is seeking tips from whistleblowers on potential violations of the Commodity Exchange Act (CEA) connected to fraud in carbon markets. “Information from whistleblowers advances the Commission’s enforcement mission and, in turn, further builds integrity and trust in the carbon markets by rooting out fraud and manipulation,” CFTC Chairman Rostin Behnam said in a statement.
Report Cites Lack of Progress in Energy Transition
REN21’s release of its Renewables 2023 Global Status Report indicates that, while the...
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