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Wind Energy Technology
2024-11-14
Norway Tackles the LCOE Challenge in Floating Offshore Wind Head On
In the quest to bring down the cost of offshore wind, Norwegian companies are innovating on several fronts, including cutting-edge floating foundation designs.Most wind energy experts agree: Floating offshore wind holds great promise, but costs must drop
Hydrogen Project
2024-11-14
Air Products and Qair to Drive Hydrogen Hub Development at Le Havre
The French government has provided funding to develop hydrogen production and import facilities at the port of Le Havre, reportedly representing around €1.6bn ($1.69bn) of investment.Oil and gas major Air Products will develop a €1.1bn h
Wind Turbine
2024-11-14
Van Oord’s Offshore Installation Vessel Boreas Embarks on Sea Trials
Van Oord’s wind turbine installation vessel Boreas has commenced with sea trials during excellent weather conditions, according to the company’s latest social media update.The Dutch company said that over a period of about two and a ha
Hydrogen Technology
2024-11-14
University of York Researchers Develop Method to Produce Hydrogen and Capture CO₂ Using Organic Waste
A project led by the Biorenewables Development Centre at the University of York has become the first to successfully produce hydrogen at scale through a biological process, whilst also capturing the carbon dioxide released to reduce atmospheric pollution.
Crude Oil
2024-11-14
Oil & Gas Decarbonization Charter Publishes Baseline Report To Track Progress On Emissions Reductions
The Oil & Gas Decarbonization Charter (OGDC) has published its Baseline Report, setting a foundation to help prioritize and track progress on emissions reductions made by the 54 oil and gas companies — representing almost 45% of the global oil product
Wind Power Project
2024-11-14
Gazelle Secures EUR 11.4 Million Funding for Portuguese Floating Pilot Project
Gazelle Wind Power (Gazelle) has secured a EUR 11.4 million funding round led by Indico Capital Partners to accelerate further the development of Nau Azul, the company’s 2 MW grid-connected demonstrator in Aguçadoura, Portugal.Other b
Hydrogen Storage
2024-11-14
Tno: Dutch Consortium Participates in EU Research Project on Large-Scale Hydrogen Storage in Depleted Gas Fields
In the future energy system, which is primarily going to rely on wind and solar power, large-scale underground hydrogen storage will be essential to ensure the stability of the system. TNO, Energie Beheer Nederland (EBN) and Shell are participating in the
Oil & Gas Trade
2024-11-14
Deepocean And Exceed Partner For Vessel-based P&A
Ocean services provider DeepOcean and well management and reservoir specialist EXCEED have entered into a collaboration agreement to supply vessel-based well plug and abandonment (P&A) services to the global decommissioning market.The two companies co
Geothermal Drilling
2024-11-14
Geothermal Drilling in Kalisz, Poland to Commence by 2025
The city of Kalisz in Poland is expecting to commence exploratory drilling for geothermal resources by the first quarter of 2025. In the future, thermal water from the project may supply nearby recreational facilities and provide heating for municipal and
Electric Vehicle Battery
2024-11-14
Rivian and VW Finalize Electrical Architecture and Software JV; VW UPS Investment to $5.8B
Rivian and Volkswagen have finalized their joint venture, Rivian and Volkswagen Group Technologies. VW will invest up to $5.8 billion by 2027, 16% more than the initial $5 billion first announced. The JV will be headquartered in Palo Alto, CA.The joint ve
Oil & Gas Trade
2024-11-14
Ineos-led Project Greensand And Royal Wagenborg Sign Agreement On Co2 Carrier
Today, in the presence of HM King Willem-Alexander of the Netherlands and HM King Frederik of Denmark INEOS and Royal Wagenborg have signed a landmark agreement on the delivery of CO2 transportation.This multi-year agreement, a significant step towards ad
Greece
2024-11-14
Greece Launches 200 MW Battery Storage Auction
Interested parties can submit bids by December 23. Awarded projects will be announced in February 2025 and need to be connected to the grid by April 2026.The Greek Regulatory Authority for Energy, Waste, and Water (RAAEY) has launched the country&rsqu
Finland
2024-11-14
Testing to Start On 100 MWh Sand-Based Thermal Battery in Finland
The Sand Battery will stand about 13 meters high and 15 meters wideFinnish startup Polar Night Energy is building an industrial-scale thermal energy storage system in southern Finland. The 100-hour, sand-based storage system will use crushed soapstone, a
Wave Energy
2024-11-13
Thames Water Gets Key Creditor Support for Rescue Plan
Thames Water won crucial support from creditors to move forward with its plan to raise £3 billion ($3.8 billion) in emergency funding.Holders of more than three-quarters of the beleaguered utility’s senior, Class A debt agreed to the p
Nuclear Technology
2024-11-13
UK SMR Negotiations Begin With Ge Hitachi, Holtec, Rolls-royce Smr And Westinghouse
The four shortlisted companies in the small modular reactor (SMR) selection process are GE Hitachi, Holtec,Rolls-Royce SMR and Westinghouse. Negotiations began on Monday ahead of the submission of final tenders, with a final decision now expected to be ta
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UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
2
Serbia Launches Carbon Credit Trading Platform in Response to EU CBAM Mechanism
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Scottish Carbon Removers Secures £1 Million Investment to Expand Modular Carbon Capture Technology Applications
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Naturgy to Invest Over €300 Million in Nuevo Leon
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Indian renewable power firm Clean Max raises about $575 million
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Norway’s First Floating Wind Tender Attracts Two Bids