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Market Outlooks

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Photo showing NetBuoy during tank trials (Courtesy of Wave Energy Scotland)
Market Outlooks

TTI launches NetBuoy design tool for wave energy developers

Tension Technology International (TTI) has developed the NetBuoy design tool under Wave Energy Scotland’s materials and manufacturing programme.

about 5 years ago
SEA-LNG: LNG-fueled vessel orders grew 30% in 2021
Market Outlooks

SEA-LNG: LNG-fueled vessels to account for 30% of orders in 2021

The multi-sector industry coalition SEA-LNG recognizes significant growth in LNG-fueled vessels orders in 2021 and expects this trend to continue.

about 5 years ago
Cheniere expects Corpus Christi Stage 3 FID in 2022
Market Outlooks

Cheniere expects Corpus Christi Stage 3 FID in 2022

U.S. LNG export project developer Cheniere Energy expects to reach a final investment decision (FID) for Stage Three of its Corpus Christi LNG plant in Texas in 2022.

about 5 years ago
Photo showing Minesto's DG100 tidal kite in Faroe Islands (Courtesy of Minesto)
Market Outlooks

Minesto extends tidal PPA with electric utility SEV as plans for scale-up take shape

Swedish marine energy developer Minesto has signed a two-year extension of its power purchase agreement (PPA) with the electric utility company SEV for its tidal energy site in Vestmannasund, Faroe Islands.

about 5 years ago
Photo showing Nova Innovation's tidal turbine (Courtesy of Nova Innovation)
Market Outlooks

Nova Innovation secures £6.4M for mass manufacturing and distribution of tidal energy turbines

Tidal energy company Nova Innovation has secured £6.4 million from the Scottish National Investment Bank to fund mass manufacturing and distribution of its innovative tidal energy turbines.

about 5 years ago
Oscilla Power’s Triton wave energy device concept (Courtesy of Oscilla Power)
Market Outlooks

Oscilla Power hits $100K mark in ongoing crowdfunding campaign

U.S.-based wave energy company Oscilla Power has raised over $100,000 in an ongoing crowdfunding campaign on StartEngine platform.

about 5 years ago
energy transition
Market Outlooks

In focus: Enabling the future step by step

When it comes to the energy transition, we have already seen that the first-mover advantage is there.

about 5 years ago
green energy; SK E&S strives to become leading hydrogen provider by 2025
Market Outlooks

SK strives to become leading hydrogen provider by 2025

South Korea’s green energy company SK E&S has presented plans for hydrogen business from traditional LNG in energy sourcing to grow its corporate value of 35 trillion won ($30.15 billion) by 2025.

about 5 years ago
Photo showing the second RivGen power system being prepared for deployment in Alaska (Courtesy of ORPC)
Market Outlooks

Second hydrokinetic power system makes a splash in remote Alaskan village

The U.S.-based marine energy developer ORPC has deployed its second RivGen power system in Alaska to harness the currents of Kvichak River to produce clean and renewable energy for the residents of the Village of Igiugig.

about 5 years ago
OOCL
Market Outlooks

OOCL orders ten eco-friendly 16,000 TEU boxships

Hong Kong-based container shipping and logistics company Orient Overseas Container Line Limited (OOCL) has ordered ten 16,000 TEU containerships in China.

about 5 years ago
Illustration/CorPower Ocean's wave energy tech; and Oceans of Energy's floating solar unit (Courtesy of CorPower Ocean/Oceans of Energy)
Market Outlooks

EU-wide partnership to deliver ‘world-first’ bankable hybrid marine energy parks

Major European companies and project developers have joined forces with leading research institutions to unlock large-scale potential of combined wind, wave and offshore floating solar renewable energy sources in the newly launched €45 million marine energy project ‘European Scalable Offshore Renewa

about 5 years ago
Energy Transition Outlook - DNV
Market Outlooks

Energy transition not fast enough as fossil fuels will still hold half of global energy mix by 2050, DNV warns

DNV has warned in its energy transition report that electrification will not be enough to meet the global net-zero target of the Paris Agreement.

about 5 years ago
EU
Market Outlooks

EU maritime transport to increase in coming years. So will GHG emissions.

To remain competitive while reducing pollution and climate impacts, EU maritime transport must continue investing in sustainable new technologies, and adopting digital solutions and automation processes, a new report concluded.

about 5 years ago
Methanol
Market Outlooks

The era of methanol as marine fuel is here

As the shipping industry continues to seek the best possible fuel alternatives, methanol is emerging as a promising marine fuel on the sector’s decarbonization journey.

about 5 years ago
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