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Market Outlooks

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Sihwa Tidal Power Plant (Screenshot/Source: YouTube)
Market Outlooks

Liverpool officials look to Far East for tidal barrage ideas

Representatives of the Liverpool City Region Combined Authority (LCRCA) have embarked on a mission to South Korea, during which they will visit the Sihwa Tidal Power Plant near Seoul, the world’s largest tidal power plant in the world.

about 4 years ago
NAPA
Market Outlooks

NAPA: Future green ships to be made of data just as much as steel

The sustainable ship of the future will be made of data just as much as of steel, Mikko Kousa, CEO of Finnish maritime software company NAPA, said in an interview with Offshore Energy.

about 4 years ago
Illustration/Wavepiston’s wave energy system in Canary Islands (Courtesy of Ocean Energy Europe)
Market Outlooks

Renewable energy industry losing confidence in EU’s Innovation Fund

Several European renewable energy associations have united to call for changes to the EU’s Innovation Fund as its award criteria ‘puts renewable energy projects at a structural disadvantage’.

about 4 years ago
CCS
Market Outlooks

CCS: China to boost electric ship production after delivery of battery-powered cruise ship

China plans to ramp up the building of fully electric battery-powered ships to operate on the country’s extensive inland waterways network following the successful maiden voyage of the Chang Jiang San Xia 1, a battery-powered cruise ship, China Classification Society (CCS) said.

about 4 years ago
FastBlade staff at the facility's launch event (Courtesy of the University of Edinburgh/Photo by Lesley Martin)
Market Outlooks

World-class tidal blade test facility opens for business in Scotland

The world’s first rapid testing facility for tidal turbine blades, which researchers say can speed up development of marine energy technologies while helping to reduce costs, has opened for business in Scotland.

about 4 years ago
Greater Tortue Ahmeyim project
Market Outlooks

Europe eyes gas-rich African nations for new supplies, Rystad says

Africa is conservatively forecast to reach peak gas production at 470 Bcm by the late 2030s, according to Rystad Energy research.

about 4 years ago
The first tidal turbine from Nova Innovation, named Flo, to be deployed in Canada (Courtesy of Nova Innovation)
Market Outlooks

Nova Innovation showcases tidal turbine ahead of installation in Canada

Scottish company Nova Innovation has welcomed Nova Scotia’s premier Tim Houston at its facilities to showcase the first turbine to be deployed in the waters of Petit Passage in July 2022.

about 4 years ago
Sustainable Marine's PLAT-I floating tidal energy platform in Nova Scotia (Courtesy of Sustainable Marine)
Market Outlooks

Sustainable Marine exports first floating tidal power to Nova Scotia grid

UK-based marine energy company Sustainable Marine has harnessed the enormous tidal currents in Canada’s Bay of Fundy, delivering the first floating in-stream tidal power to Nova Scotia’s grid.

about 4 years ago
Illustration/Aerial view of floating solar farm in China (Courtesy of DNV)
Market Outlooks

DNV moves to the forefront of floating solar industry standardization

DNV, an independent energy expert and assurance provider, has introduced two joint industry projects aiming to create comprehensive standardization guides for the floating solar industry.

about 4 years ago
Germany to draft law to accelerate the use of LNG
Market Outlooks

Germany unveils bill to accelerate the use of LNG

Germany has taken another important step to reduce independence from Russian energy imports by deciding to draft a law to accelerate the use of LNG.

about 4 years ago
Novige's scaled NoviOcean NO2 wave energy device (Courtesy of Novige)
Market Outlooks

Swedish start-up collects multi-million EU grant for full-scale wave energy device

Swedish company Novige has been selected by the European Climate, Infrastructure and Environment Executive Agency (CINEA) to receive a multi-million euro grant to build its full-scale wave energy device.

about 4 years ago
Rotterdam to provide 4.6 mt of hydrogen by 2030
Market Outlooks

Rotterdam to provide 4.6 mt of hydrogen by 2030

The Port of Rotterdam says it can, with companies, supply Northwestern Europe with 4.6 million tonnes of hydrogen annually by 2030. The consumption of 4.6 million tonnes of hydrogen allows for 46 million tonnes of CO2 reduction. It also increases Europe’s energy independence. This hydrogen amount is

about 4 years ago
Conceptual ocean energy marketplace (Courtesy of AOEG)
Market Outlooks

Feasibility study for Australia’s integrated ocean energy marketplace gets underway

Global energy consultancy Xodus has been commissioned to undertake a feasibility study that will look into developing a two-stage Integrated Ocean Energy Marketplace in Western Australia.

about 4 years ago
Rystad: European LNG supply crisis expected for winter 2022
Market Outlooks

Rystad: European LNG supply crisis expected in winter 2022

Rystad Energy foresees the LNG crisis making landfall in winter 2022 for European countries dealing with energy insecurity due to Russia’s invasion of Ukraine.

about 4 years ago
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