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Market Outlooks

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Outlook & StrategyAuthorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsCollaborationInnovationRegulation & PolicyResearch & DevelopmentVisionEquipmentStorageTechnologyEnvironmentRules & RegulationTransitionVessels
WoodMac: China on top of the LNG market
Market Outlooks

WoodMac: China on top of the LNG market

With Japan’s LNG demand in decline, China is set to become the world’s largest LNG market this year, according to energy intelligence group Wood Mackenzie.

about 5 years ago
Illustration/HydroQuest's tidal turbine (Courtesy of Ocean Energy Europe)
Market Outlooks

Ocean energy industry delivers ‘how-to’ guide for reaching Europe’s 100MW by 2025 target

Ocean Energy Europe has presented the European Commission with a study that outlines the financial, technical and regulatory aspects of 17 wave and tidal projects that could hit the waters by the end of 2025, with recommendations for action at the EU level to ensure their delivery.

about 5 years ago
Photo showing WaveEL wave energy system (Photograph courtesy of Waves4Power AB, Sweden)
Market Outlooks

Waves4Power, EnergyTwo to combine wave power and clean charging solutions

Swedish company Waves4Power has formed a strategic alliance with U.S.-based clean charging technology developer EnergyTwo to harness solar, wave power and energy storage to meet the increased demand for electrification and on-site charging for clean electric machines.

about 5 years ago
Illustrations of three plausible flexWEC concept archetypes - DEEC-Tec structures converting ocean wave energy (Courtesy of NREL)
Market Outlooks

NREL goes small for big wave energy gains

The National Renewable Energy Laboratory (NREL) researchers are exploring ways to significantly advance the wave energy sector by developing concepts in which many small energy converters can be aggregated to create a single structure.

about 5 years ago
Image showing Marine Power Systems’ marine energy technology (Courtesy of Marine Power Systems)
Market Outlooks

MPS exceeds crowdfunding goal as campaign opens for public

Welsh marine energy developer Marine Power Systems (MPS) has reached over its £2 million crowdfunding target in an ongoing campaign that just opened for the general public.

about 5 years ago
Photo of Hayle Harbour (Courtesy of Marine-i/Photo by Hayle Harbour)
Market Outlooks

Marine-i exploring small-scale tidal range solution for Cornish Hayle Harbour

Marine-i project has been engaged by Community Energy Plus (CEP) and Cornwall Offshore Renewable Energy Ventures (COREV) to support the detailed research and feasibility studies on the development of small-scale tidal range solution for Hayle Harbour.

about 5 years ago
Illustration (Courtesy of EDP)
Market Outlooks

EDP gets approval for 4MW floating solar farm in Portugal

Portuguese electric utility EDP has secured the final license for the installation of a floating solar farm with 12,000 panels in Alqueva Reservoir.

about 5 years ago
MOL Wind Challenger
Market Outlooks

MOL eyes deployment of net-zero emission ships in the 2020s

Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) aims to deploy net-zero emissions ocean-going vessels in the 2020s in line with its environmental vision of achieving net-zero GHG emissions by 2050. Under its revised vision, released earlier today, the company has set sights on reducing GHG e

about 5 years ago
Photo showing HydroQuest's OceanQuest turbine for Paimpol-Bréhat site (Courtesy of HydroQuest/Photo by Avotrimage)
Market Outlooks

French company finds compatriot partner to deliver Raz Blanchard tidal farm

The development of a 17.5MW tidal energy farm, planned for Raz Blanchard in the French region of Normandy, is gaining momentum with the newly established partnership between French tidal turbine designer and manufacturer HydroQest and independent renewable power producer Qair.

about 5 years ago
Illustration/CETO 6 (Courtesy of Carnegie Clean Energy)
Market Outlooks

Advanced controls boost CETO wave device performance

Carnegie Clean Energy has improved the performance of its CETO wave energy device through the implementation of advanced controllers, increasing the energy extracted for 27%.

about 5 years ago
Hydrogen – the coolest thing you can put on a ship
Market Outlooks

Hydrogen – the coolest thing you can put on a ship

Hydrogen (LH2), be it blue, or green, is at the heart of the energy transition talks taking place around the globe, especially as major economies of the world pledge to become net-zero nations. Building up the hydrogen society has been a hot potato for decades and the switch from coal, fossil fuels,

about 5 years ago
Mitsui & Co.
Market Outlooks

Largest shipping lines post record profit jump in Q1 2021

The combined EBIT in the first qurter of 2021 of all reporting carriers was a staggering $16.19 billion, a new report published by Sea Intelligence shows.

about 5 years ago
Photo showing Sustainable Marine's floating tidal energy platform PLAT-I 6.40 before the launch into Grand Passage in Canada (Courtesy of Marine Renewables Canada)
Market Outlooks

Canada’s marine renewables industry outlines key actions for Blue Economy strategy

In response to the Government of Canada’s consultation on its Blue Economy strategy, the country’s industry association Marine Renewables Canada has provided a submission that outlines a vision for the marine renewable energy sector and key actions to support its growth.

about 5 years ago
EHB studies future demand and supply of hydrogen in Europe
Market Outlooks

EHB studies future demand and supply of hydrogen in Europe

The European Hydrogen Backbone (EHB) initiative’s new study has shown that sufficient potential exists to produce green and blue hydrogen for the future EU and UK energy demand.

about 5 years ago
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