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Outlook & Strategy

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The Mutriku wave power plant (Courtesy of Arantxa Tapia/EVE)
Outlook & Strategy

Tender for new turbines soon to be launched for wave energy power plant in Spain

The Energy Agency of the Basque Government (EVE) has confirmed it would soon launch a €3.2 million public procurement process for the purchase of new turbine technology for the Mutriku wave energy power plant.

about 3 years ago
Consortium eyes hydrogen and ammonia projects along US Gulf Coast
Outlook & Strategy

Consortium eyes hydrogen and ammonia projects along US Gulf Coast

A consortium comprising Air Liquide, Chevron Corporation, LyondellBasell and Uniper is planning to conduct a study that will evaluate and potentially advance the development of a hydrogen and ammonia production facility along the US Gulf Coast. The planned facility could support industrial decarboni

about 3 years ago
shipping
Outlook & Strategy

EU Parliament sets 2 pct target for renewable fuels use

The European Parliament adopted the FuelEU Maritime report, voting in favor of a 2% mandate for green shipping fuels by 2030. The report establishes a clear trajectory for greenhouse gas intensity reductions calling for the maritime sector to cut its GHG emissions from ships by 2% as of 2025, 20% as

about 3 years ago
Illustration/Different types of wave energy converter devices (Screenshot/Small WEC Analysis tool)
Outlook & Strategy

NREL puts out free analysis tool for small wave energy converters

Researchers at the National Renewable Energy Laboratory (NREL) have released the Small WEC Analysis tool, whose goal is to provide baseline information about the performance of different types of wave energy converters in various ocean settings free of charge.

about 3 years ago
Commissioning of Baltic Pipe receiving terminal further postponed
Outlook & Strategy

Commissioning of Baltic Pipe receiving terminal further postponed

The commissioning of the Baltic Pipe receiving terminal in western Denmark is set to be further postponed due to continued technical challenges. The receiving terminal for gas from the Norwegian Europipe II pipeline was initially planned to be commissioned on 8 October but was postponed to 20 Octobe

about 3 years ago
EC sets forth emergency rules to fight high gas prices and ensure security of supplies
Outlook & Strategy

EC sets forth emergency rules to fight high gas prices and ensure security of supplies

European Commission (EC) has proposed a new emergency regulation to address high gas prices in the European Union (EU) and ensure the security of supply this winter. On 18 October, the EC made additional proposals to fight the energy crisis through joint gas purchasing, price limiting mechanisms on

about 3 years ago
Marine warranty surveyor chosen for Australian 750 MW interconnector
Outlook & Strategy

Landmark agreement signed to progress Australian interconnector

The Australian, Tasmanian and Victorian governments have reached a funding agreement to build the 1,500 MW bi-directional Marinus Link interconnector between Victoria and Tasmania. The Australian government funding is part of the $20 billion Rewiring the Nation plan to transform the country’s electr

about 3 years ago
Illustration/Verdant Power’s three-turbine array mounted on TriFrame (Courtesy of US DOE)
Outlook & Strategy

United States trumpets the largest ever investment in tidal energy and river current systems

The US Department of Energy (DOE) has announced $35 million in funding to advance river current and tidal energy systems, the largest ever made for these renewable energy technologies in the United States so far.

about 3 years ago
Nauticus Robotics hears NASDAQ bells
Outlook & Strategy

Nauticus Robotics hears NASDAQ bells

Nauticus Robotics is set to ring the NASDAQ closing bell this week, celebrating the recent closing of its business combination with CleanTech Acquisition Corp. (CLAQ). The ceremony will be held on Thursday, 20 October, and will mark the associated listing of Nauticus’ common stock and warrants on NA

about 3 years ago
Wintershall Dea and HES join forces for CO2 hub in Wilhelmshaven
Outlook & Strategy

Wintershall Dea and HES join forces for CO2 hub in Wilhelmshaven

German natural gas and oil company Wintershall Dea and compatriot liquid bulk terminal HES Wilhelmshaven Tank Terminal have signed a memorandum of understanding (MoU) to jointly develop a CO2 hub at Germany’s single deepest draft port. The companies plan to develop a hub named CO2nnectNow at HES Wil

about 3 years ago
Port of Antwerp
Outlook & Strategy

EU policymakers urged to raise climate ambition in the FuelEU Maritime and EU ETS

While the European Parliament gears up to vote on the FuelEU Maritime on Wednesday as the ‘Fit for 55’ package of legislative proposals enters its final stage, EU policymakers are being called to raise climate ambitions in the proposals. Signatories of the Getting to Zero Coalition said that in this

about 3 years ago
Wärtsilä solution selected for new bioLNG plant in Sweden
Outlook & Strategy

Wärtsilä solution selected for new bioLNG plant in Sweden

The Finnish technology group Wärtsilä has been contracted to supply a biogas upgrading and liquefaction solution for a new biogas plant in Sweden that will be used to reduce carbon emissions from transport, and to speed the transition to cleaner energy. Wärtsilä revealed that the order was placed by

about 3 years ago
Leviathan
Outlook & Strategy

BIMCO: EU needs more non-EU scrap yards to handle global shipping demand

The European Union (EU) should approve additional ship recycling facilities outside Europe to meet the demands of the global shipping industry, a report commissioned by BIMCO shows.

about 3 years ago
Swedish delegation at Minesto’s grid-connected tidal energy site (Courtesy of Minesto)
Outlook & Strategy

Swedish delegation tours Minesto’s tidal energy site in Faroe Islands

The Swedish ambassador for the ocean has visited Minesto’s tidal energy site in the Faroe Islands to highlight the importance of green energy generated from the sea.

about 3 years ago
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