Energy Transition Today - Advancing Offshore Wind Efficiency Through Atmospheric Turbulence Insights

Simply Wall St.
03-13

A recent joint research initiative among global wind energy stakeholders has led to significant advancements in the measurement of atmospheric turbulence for offshore wind farms. The project, POWSEIDOM JIP, spearheaded by France Energies Marines and partnered by several industry leaders, aims to enhance the efficiency and safety of offshore wind turbine operations through improved measurement and modeling tools. By utilizing advanced lidar technology, the consortium has developed algorithms that enable more precise assessment of wind conditions, which are critical for the durability and profitability of wind energy projects, particularly in the complex Mediterranean Sea environment. These developments promise to optimize the design and operation of offshore wind farms, addressing the challenges posed by atmospheric turbulence.

In other market news, Talen Energy was trading firmly up 12.8% and ending trading at $199.09. Meanwhile, Delta Electronics (Thailand) softened, down 6.8% to end trading at THB69.00, near its 52-week low.

Talen Energy's growth is driven by a lucrative contract with AWS, despite decreasing profit margins. Click to explore how Talen's strategic moves and market conditions might influence its future.

For a deeper understanding of how tariffs and market shifts are impacting the auto industry's transition to electric vehicles, be sure to read our 'Market Insights' article, 'Automakers Caught In The Tariff Crossfire,' which explores the challenges and opportunities within the evolving landscape of EVs and autonomous driving technology.

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  • Tesla finished trading at $248.09 up 7.6%.
  • Vistra finished trading at $121.92 up 6.6%.
  • Applied Materials closed at $149.06 up 1.4%, close to the 52-week low. On Monday, the company announced a 15% quarterly dividend increase and a $10 billion share repurchase program.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

  • Simply Wall St
  • "Joint research effort of global wind energy actors enables more accurate offshore turbulence measurements " from Vaisala Group on GlobeNewswire (published 11 March 2025)

Companies discussed in this article include NasdaqGS:TLN NasdaqGS:TSLA NYSE:VST NasdaqGS:AMAT and SET:DELTA.

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