The European Commission has unveiled a €750 billion recovery plan aimed at ensuring economic recovery from the impacts of the COVID-19 crisis. The Next Generation EU fund consists of allocations for € 500 billion and loans for € 250 billion. Combined with targeted reinforcements to the long-term EU
Wintershall Dea believes that hydrogen from natural gas will be instrumental in the decarbonisation of energy system.
Canada has the highest carbon emission intensity per barrel of oil equivalent produced, while Norway has the lowest, a Rystad Energy analysis shows.
US-based ship owner and operator Eagle Bulk Shipping developed a ship recycling policy in 2019, committing itself to a safe and environmentally sound vessel dismantling.
The Testing Expertise and Access for Marine Energy Research (TEAMER) program is now accepting applications for testing and expertise support. Announced by the US DOE last year, TEAMER’s mission is to accelerate the viability of marine renewables. It provides access facilities and expertise to solve
Nexans has won a contract from IPTO’s Ariadne Interconnection for subsea cable system linking mainland Greece to island of Crete. The project should provide security of supply for the island and also enable transition from fossil fuel generation to renewables. The HVDC cable will span a distance of
Sweden’s largest test facility for carbon dioxide capture has begun operation at Preem’s refinery in Lysekil. Norwegian engineering firm Aker Solutions is providing its mobile test facility for the project. The project will analyze the whole value chain from capture to storage of carbon dioxide off
Italian offshore contractor Saipem has signed a two-year frame agreement with Norwegian energy giant Equinor covering engineering services worldwide.
SmartBay Ireland is collaborating on the RESOURCECODE project with an international consortium of businesses and Marine Renewable Energy (MRE) test sites. The project is led by the European Marine Energy Centre and aims to create an integrated marine data toolbox that will enable developers of ocean
Possibilities to map and monitor the ocean remain restricted due to limitations with existing ocean observing technologies, including energy constraints. As a result, the US Water Power Technologies Office (WPTO) and Atmospheric Administration (NOAA) teamed up to spur technology innovation which can
UK-based Bibby Marine Services (Bibby) has received a grant to explore a range of zero-carbon fuel systems through the WaveMaster Zero C Research and Development Project. The project will be supported by a grant from MarRI-UK, a collaborative innovation vehicle for UK industry and academia to jointl
India’s Oil and Natural Gas Corporation Limited (ONGC) and NTPC Ltd. have signed a Memorandum of Understanding (MoU) to set up a joint venture company for the renewable energy business. As per the MoU, NTPC and ONGC will explore the setting up of offshore wind and other renewable energy projects in
Swedish wave energy developer Waves4Power will install its WaveEL system at the European Marine Energy Centre (EMEC) in 2021. The company has secured EU Interreg Ocean Demo grant, giving it access to EMEC’s power-connected test berths for three years. The grant also allows Waves4Power to deliver and
The Testing Expertise and Access for Marine Energy Research (TEAMER) program will begin accepting applications for testing and expertise support on 26 May. Announced by the US DOE last year, TEAMER’s mission is to accelerate the viability of marine renewables. It provides access facilities and exper
