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Time To Float The Energy

Copper Weekly Brief – Week of 6th March 2026

  Market overview Copper prices were volatile but ultimately firmed this week, with benchmark contracts around US$5.75–5.80/lb (roughly US$12,900–13,050/t) by 4–6 March. From the January record high near US$14,500/t, prices…

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Copper Weekly Brief – 27th February 2026

Copper prices held near recent highs this week but eased slightly as traders weighed strong long‑term demand against softer short‑term signals from China and rising inventories. Prices Copper traded around…

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Copper Weekly Brief – 20 Feb 2026

Copper Weekly Brief – Week Ending 20 February 2026 Market overview Copper prices eased slightly this week, with benchmark contracts around US$5.75–5.80/lb (roughly US$12,600–12,800/t) on 18–19 February after record highs…

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Everything’s Coming Up Copper

Not so long ago copper exploration seemed to be in the doldrums, but with the world facing severe shortfalls it seems the race is on to find more deposits. And…

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March 24, 2022 · Clean Energy, General, John’s Blog

Energy is big news these days for all sorts of good and bad reasons, but a new report suggests we could be doing a lot more with offshore wind to decarbonise the world.

The Global Wind Energy Council-GWEC-has just published a snapshot setting out big opportunities for floating offshore wind for countries across the globe. And the Asia Pacific region features prominently.

South Korea and Japan are already mature offshore wind markets, but GWEC says the Philippines is part of ‘chasing pack’ of 5 countries that also includes Ireland, Italy, Morocco and the USA.

It’s still early days for the floating offshore wind sector, but the report makes it clear that the technology has huge potential in helping the world reach Net Zero by 2050.

The technical potential for floating offshore wind dwarfs that of fixed-bottom turbines because they suit deeper water where winds are more consistent. But they warn it needs political leadership and support to make it a reality.

GWIC outlines the sort of action and policies government can take to make it happen. For example the Philippines has sites with good resources located close to load centres, but tariffs and infrastructure could pose challenges without government action.

Australia currently doesn’t have any offshore wind farms floating or otherwise, but new national and state laws should help ease the bottleneck given that estimates suggest the sector has the potential to exceed the country’s entire electricity generation. 

A bunch of projects have now been announced with some including plans for floating turbines. Of course it will also depend on sustainably sourced Australian copper to power the turbines, undersea cables and grid connections, but we already have plenty of that.

Detail: https://gwec.net/report-outlines-enormous-potential-for-floating-offshore-wind-in-energy-transition/

Cheers, John Fennell

Featured

Copper Weekly Brief – Week of 6th March 2026

  Market overview Copper prices were volatile but ultimately firmed this week, with benchmark contracts around US$5.75–5.80/lb (roughly US$12,900–13,050/t) by…

Read More

Copper Weekly Brief – 27th February 2026

Copper prices held near recent highs this week but eased slightly as traders weighed strong long‑term demand against softer short‑term…

Read More

Copper Weekly Brief – 20 Feb 2026

Copper Weekly Brief – Week Ending 20 February 2026 Market overview Copper prices eased slightly this week, with benchmark contracts…

Read More

Everything’s Coming Up Copper

Not so long ago copper exploration seemed to be in the doldrums, but with the world facing severe shortfalls it…

Read More

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