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Market Outlooks

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Five-year offshore oil & gas EPC spend to total whopping $276 billion, forecasts Westwood
Market Outlooks

Westwood sees five-year offshore EPC spend reaching whopping $276 billion

The oil and gas sector’s offshore EPC spend is expected to total $276 billion, forecasts Westwood Global Energy.

about 4 years ago
Illustration/Ocean Sun's floating solar installation (Courtesy of Ocean Sun/Photo by Børge Bjørneklett)
Market Outlooks

Ocean Sun embarks on China’s first offshore wind and floating solar hybrid project

Ocean Sun has signed an agreement to license its proprietary floating solar technology to developer Sunneng Technology for the construction of a 0.5MWp offshore floating solar pilot connected to a wind turbine in Haiyang, China.

about 4 years ago
UK’s first Hydrogen Champion named
Market Outlooks

UK’s first Hydrogen Champion named

UK government’s Department for Bussiness, Energy & Industrial Strategy announces the appointment of Jane Toogood as the country’s first ‘Hydrogen Champion’.

about 4 years ago
battery
Market Outlooks

Study: Lower battery costs unlock potential to electrify big containerships

Improvements in batteries have unlocked the potential to electrify big containerships today on voyages of up to 5,000 km, a new study shows.

about 4 years ago
Technavio: Increase in LNG supply to drive LNG bunkering market growth
Market Outlooks

Technavio: Increase in LNG supply to drive LNG bunkering market growth

Global technology research company Technavio foresees the LNG bunkering market size to grow by $755.39 million due to an increase in the sup

about 4 years ago
L to R: Jeremy Smith; Keith Murray (Courtesy of QED Naval)
Market Outlooks

UK tidal energy experts call for more support from government

One of the leading tidal energy experts in UK, Jeremy Smith from the Scottish company QED Naval, has urged the UK government to give the tidal sector dramatically more financial support in order to improve the resilience of the country’s clean energy systems.

about 4 years ago
Floating solar park with offshore wind farm (Courtesy of RWE)
Market Outlooks

RWE and SolarDuck partner up to commercialize offshore floating solar. Plans laid for integration with offshore wind

RWE, one of the world’s leading companies for renewable energy, and Dutch-Norwegian company SolarDuck have signed a collaboration agreement to develop the use of floating solar parks at sea, while also outlining plans for integration of such power plants with offshore wind farms.

about 4 years ago
Red alert for EU: How can Europe prevent a major gas crunch?
Market Outlooks

Red alert for EU: How can Europe prevent a major gas crunch?

Amid the global energy crisis, coordinated actions across the EU are essential to prevent a major gas crunch, says the IEA boss.

about 4 years ago
Illustration/Part of OPT’s products range (Courtesy of OPT)
Market Outlooks

OPT’s loss for 2022 widens, with slight rise in revenues

US-based marine energy company Ocean Power Technologies (OPT) has increased its net loss for the fiscal year 2022, compared to the same period a year earlier, recording also a slight rise in revenues for the period.

about 4 years ago
European Commissioner for Energy Kadri Simson (Courtesy of Ocean Energy Europe/Photo by Simon Pugh)
Market Outlooks

EU Energy Commissioner takes a tour of Dutch tidal power plant

The European Commissioner for Energy Kadri Simson has visited the Eastern Scheldt Tidal Power Plant in Dutch province of Zeeland, to get a glimpse of the future where tidal energy is an everyday part of EU citizens’ lives.

about 4 years ago
EDP’s floating solar plant in Alqueva (Courtesy of EDP)
Market Outlooks

EDP inaugurates ‘pioneering’ 5MW floating solar plant in Portugal

Global energy company EDP has inaugurated a 5MW floating solar plant in Alqueva – said to be the largest floating solar installation on a dam reservoir in Europe.

about 4 years ago
In focus: Are renewables turning oil & gas plays truly into a thing of the past or are we not there yet?
Market Outlooks

In focus: Are oil & gas plays truly becoming a thing of the past or are we not there yet?

Worldwide dependence on oil and gas has been in evidence ever since the Ukraine crisis started, casting doubt over the pace and the lengths the world is prepared to go to in order to embrace decarbonisation. While the shift to green energy investments is undoubtedly both necessary and inevitable, th

about 4 years ago
PtX
Market Outlooks

VDMA, VSM roll out PtX roadmap for maritime energy transition

German Mechanical Engineering Industry Association (VDMA) and German Shipbuilding and Ocean Industries Association (VSM) have presented a power-to-X (PtX) roadmap for the maritime energy transition.

about 4 years ago
‘Disorderly’ energy transition looms with rising coal demand, high gas prices and stalled renewable plans, says WoodMac
Market Outlooks

‘Disorderly’ energy transition looms with rising coal demand and high gas prices, says WoodMac

WoodMac: As plans for renewables stall, Asia’s decarbonisation ambition does not match reality amid rising coal demand and high gas prices.

about 4 years ago
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