The recent pick-up in the development of carbon capture and storage (CCS) projects across the globe is expected to provide a new source of cargo demand for the maritime industry, helping offset demand for a declining trade of conventional hydrocarbon cargoes. CCS involves capturing carbon dioxide em
As the global maritime industry embarks on a decarbonization journey, a recent survey conducted among industry stakeholders has revealed that the path towards decarbonization will be complex, with a wide range of fuels in the mix through 2050. The survey respondents expect their fleets to run on mul
Singapore-based shipbuilding company Strategic Marine has commissioned a study to compare the efficiency of traditional diesel-powered and hybrid-powered crew transfer vessels (CTVs). The study will be conducted by the Maritime Energy and Sustainable Development Centre of Excellence (MESD CoE) at Na
Finnish wave energy company AW-Energy has welcomed the introduction of the California Senate Bill 605, which calls for a comprehensive and collaborative study to evaluate the feasibility and benefits of using wave energy and tidal energy.
Romanian companies Transgaz and E.ON have signed a memorandum of understanding (MoU) planning to cooperate in order to consolidate Romania’s energy security by aligning and correlating the development strategies regarding the natural gas infrastructure with the European Green Deal provisions and oth
UK-based renewable energy technology company WITT Energy has teamed up with RS Group to help bring its energy harvesting device to market for use in remote and marine applications.
Wood Mackenzie outlines that upstream operators will focus on capital discipline and carbon mitigation in 2023.
Marine Renewables Canada and the UK Marine Energy Council have entered into an agreement to share knowledge and support development of the marine renewable energy industry.
Technology company and an OEM for high-pressure alkaline electrolysers HydrogenPro and technology group Andritz have entered into a partnership to collaborate on scaling up manufacturing and assembly of electrolysers for the European market. According to HydrogenPro, this non-exclusive partnership w
Swedish-Israeli wave energy company Eco Wave Power has set out plans to open a subsidiary in the United States, under the name Eco Wave Power US.
North American FortisBC Energy and FortisBC have received approval from the British Columbia Utilities Commission to invest more than $155 million into conservation and energy efficiency programmes in 2023. According to FortisBC, the majority of the funds, $141 million, are earmarked to support gas
The EU-SCORES project, focused on developing energy multi-use parks incorporating different offshore renewable energy sources at one site, has received an official go-ahead from the European Climate, Infrastructure and Environment Executive Agency (CINEA).
The UK government is seeking views on introducing contracts for difference (CfD) reforms, which could reward applicants for including wider benefits their projects could bring when submitting price bids to government for their low-carbon electricity.
Canadian company Oneka Technologies has announced the opening of its subsidiary in Chile, following the successful demonstration of its wave energy-powered desalination technology in the country.
