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Market Analysis
Europe Installed 14.7 GW of New Wind Energy in 2020
Europe installed 14.7 GW of new wind energy in 2020. 80% of this was onshore wind.
ITER
European Council Approves Continued Financing for ITER
The European contribution to the project for that period is set at €5.61 billion in current prices.
Tidal Energy
Global Wave And Tidal Capacity Hits 60MW
Project investments exceeded €45m in 2020 mainly in Europe, says Ocean Energy Europe
Carbon Neutral
Huawei Digital Power Zero Carbon Network Solution Is Released, Helping Operators To Achieve Carbon Neutral Targets
Huawei Zero Carbon Network Solution includes Simplified Site, Simplified Equipment Room, Simplified and Simplified DC and Green Power for All
Oil Exploration
Seven Oil Players Apply for Production Licences off Norway
Seven oil and gas companies have applied for production licences in the 25th licensing round on the Norwegian shelf, Norway’s Ministry of Petroleum and Energy …
LNG
Global LNG Demand Expected to Almost Double by 2040
Global liquefied natural gas demand is expected to almost double to 700 million tonnes by 2040, Royal Dutch Shell said in its annual LNG market outlook.
Transformer
Fire at Siemens Transformer Plant
A fire has broken out at the Siemens transformer plant in Nuremberg, potentially causing millions of euros in damage.
Offshore Wind Power
Offshore Wind to Power Europe’s Largest Power-to-X Plant
Denmark’s Copenhagen Infrastructure Partners has unveiled plans to build a Power-to-X plant in Esbjerg which will convert power from offshore wind turbines to …
Hydrogen Fuel Cell Vehicle
Nikola Announces Hydrogen Fuel Cell-Powered Vehicle Lineup
Nikola Corp on Tuesday disclosed details on its hydrogen fuel-cell-powered product lineup that will include vehicles with a driving range of up to 900 miles.
Natural Gas
Israel and Egypt Discuss Natural Gas Pipeline Link
Egypt and Israel said they may build an undersea natural-gas pipeline connecting the two countries, as they seek to collaborate on exporting the fuel to Europe.
Oil Pipeline
Republicans Sound Alarm Over Major U-Turn by Biden Admin on Russia-to-Europe Gas Pipeline
The report to Congress named two enterprises previously sanctioned by the Trump administration — the Russian pipe-laying ship ‘Fortuna’ and its owner KVT-RUS…
Hydrogen Fuel Stations
Sinopec to Build more Hydrogen Refueling Stations
China Petroleum & Chemical Corporation plans to build about 1,000 hydrogen refueling stations and petrol-hydrogen combined stations in the next five years to pr…
Oil & Gas Trade
Qatar's LNG Megaprojects Are Making Markets Increasingly Competitive
Qatar Petroleum’s recently set a new record for the largest LNG export project ever.
Hydrogen Project
$300 bn Investment Lined up in Hydrogen Projects Globally
Globally, 228 large-scale projects have been announced with 85 per cent located in Europe, Asia, and Australia.
Offshore Wind Power
Siemens Gamesa to Supply Turbines for 448MW Project Offshore France
Siemens Gamesa Renewable Energy has secured an order from the EDF Renewables-Enbridge-WPD consortium to supply offshore wind turbines in France.
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