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Time To Float The Energy

Copper Weekly Brief — week ending 2 October 2026

  Copper: about US$14,370/t on COMEX, US$14,250/t on LME Copper ends the week near a two-week low. COMEX is about 3% lower on the week, and LME closed at US$14,253.50/t…

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Copper Weekly Brief – Week Ending 25 September 2026

  Market Overview Copper climbed back to record territory this week, then eased as the Federal Reserve outlook took over. The rebound followed a sharp mid-month correction. On 14 September,…

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New geological insights sharpen South Australia’s copper opportunity

  New geological insights from Geoscience Australia’s Delamerian Project have strengthened the case for South Australia as a major future source of copper, gold and critical minerals, highlighting the prospectivity…

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Copper Weekly Brief – Week Ending 18 September 2026 18 Sept 2026 ·

  Market Overview Copper spent the week consolidating below US$14,100/t after last Thursday’s sharp reversal from a record US$14,875/t (US$14.88/kg), as the market priced a growing probability that the US…

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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 ending 2 October 2026

  Copper: about US$14,370/t on COMEX, US$14,250/t on LME Copper ends the week near a two-week low. COMEX is about…

Read More

Copper Weekly Brief – Week Ending 25 September 2026

  Market Overview Copper climbed back to record territory this week, then eased as the Federal Reserve outlook took over.…

Read More

New geological insights sharpen South Australia’s copper opportunity

  New geological insights from Geoscience Australia’s Delamerian Project have strengthened the case for South Australia as a major future…

Read More

Copper Weekly Brief – Week Ending 18 September 2026 18 Sept 2026 ·

  Market Overview Copper spent the week consolidating below US$14,100/t after last Thursday’s sharp reversal from a record US$14,875/t (US$14.88/kg),…

Read More

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