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Outlook & Strategy

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A vessel next to a floating wind turbine
Outlook & Strategy

DNV GL: Floating wind in need of comprehensive industry standards

Floating wind will account for 2 per cent of the world’s power supply by 2050 and its cost will drop some 70 per cent by that time. Still, a more comprehensive industry standards and risk management are required for the technology to scale, according to a new report from DNV GL. The report discusses

about 5 years ago
A photo of Minesto's tidal kite device (Courtesy of Minesto)
Outlook & Strategy

Minesto delivers first tidal power to the Faroese grid

Swedish developer Minesto has delivered clean electricity to the Faroese grid as part of the ongoing commissioning work of its DG100 tidal kite system in Vestmannasund.

about 5 years ago
A photo of the proposed Morlais Demonstration Zone (Courtesy of Menter Môn)
Outlook & Strategy

Public inquiry into Morlais tidal demonstration zone begins

A public planning inquiry into the Anglesey tidal stream energy project has been launched as part of the process to secure the permission for the scheme.

about 5 years ago
Illustraton; Source: Santos
Outlook & Strategy

Santos set to reach net-zero decade earlier

Australian energy major Santos has announced its new ambitious emissions reduction targets which will culminate in reaching net-zero by 2040.

about 5 years ago
A photo of (L) Rémi Gruet, CEO of OEE, and (R) Francesco La Camera, Director-General of IRENA(Courtesy of IRENA)
Outlook & Strategy

IRENA and Ocean Energy Europe deepen marine energy partnership

Ocean Energy Europe (OEE) and International Renewable Energy Agency (IRENA) have signed a memorandum of understanding (MoU) to expand existing cooperation and accelerate the commercialisation of ocean energy technologies.

about 5 years ago
Energy island could power all ships and aircraft in Denmark
Outlook & Strategy

Energy island could power all ships and aircraft in Denmark – study

Denmark’s fully-developed energy island in the North Sea could provide enough green fuel to supply all ships and aircraft refueling in Denmark, a study by the country’s Ministry of Climate, Energy and Public Utilities shows. As reported earlier, Denmark plans to develop two energy islands, one in th

about 5 years ago
A photo illustration for cardinal buoy at Billia Croo and wildlife observations point (Courtesy of EMEC)
Outlook & Strategy

UK launches innovation challenge to grow offshore renewables sector

The UK Hydrographic Office (UKHO), together with the Centre for Environment, Fisheries and Aquaculture Science (Cefas), have invited innovators to identify how marine geospatial data can be used to find suitable sites for offshore wind, and tidal and wave energy infrastructure.

about 5 years ago
OEEC
Outlook & Strategy

Fifty shades of collaboration in time of energy transition

There is little doubt that the past few years have witnessed the rise of energy-related collaborations to an extent never seen before. This is because cross-industry collaborations seem to be crucial for companies to ride the energy transition train which is indeed moving very fast.

about 5 years ago
Tellurian names new CEO, adds to board
Outlook & Strategy

Tellurian names new CEO, adds to board

US LNG export project developer, Tellurian has appointed a new president and CEO, and added to its board of directors.

about 5 years ago
An image of Carnegie’s CETO 6 wave energy technology concept (Courtesy of Carnegie Clean Energy)
Outlook & Strategy

Carnegie inks deal with Hewlett Packard Enterprise for CETO wave controls

Carnegie Clean Energy has signed a collaboration agreement with Hewlett Packard Enterprise (HPE) to work together on a project to develop a reinforcement learning based controller for the CETO wave energy technology.

about 5 years ago
Borr Drilling rigs
Outlook & Strategy

Borr Drilling faces challenging financial situation amid payment delays in Mexico

Borr Drilling is facing a very challenging financial situation amid a difficult market environment combined with payment delays from Pemex in Mexico.

about 5 years ago
Illustration; Source: OGTC
Outlook & Strategy

Immediate clean energy investment to create 100,000 North Sea jobs by 2050

The OGTC and the Offshore Renewable Energy Catapult have warned that the UK offshore energy sector would miss the opportunity to be a global leader in clean energy if it does not invest in technology innovation to create a net-zero North Sea.

about 5 years ago
shipping
Outlook & Strategy

SSY: IMO measures fail to speed up global fleet rejuvenation

The new IMO measures addressing greenhouse gas emissions (GHG) have been met with a lot of criticism from the industry as they are likely to slow down the demolition of older, less-efficient ships until they enter into force. To remind, the 75th session of the IMO’s Marine Environment Protection Com

about 5 years ago
Photo Illustration of Marmok-A5 wave energy device deployed off Basque coast (Courtesy of EVE)
Outlook & Strategy

AZTI and Basque province team up for faster marine renewables uptake

The AZTI technology center has teamed up with Basque’s Provincial Council of Gipuzkoa to create a guide that could facilitate the implementation of marine renewable energy initiatives.

about 5 years ago
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