Denmark-headquartered power cable company NKT has received approval from the Science Based Targets initiative (SBTi) for its near-term decarbonization targets, said to represent an important step towards becoming a net-zero emissions company by 2050. NKT Cables Group commits to reducing its absolute
An EU-supported feasibility study, led by Port of Roenne and a number of local and national actors, including the Regional Municipality of Bornholm, Ramboll, Topsøe, Ørsted, BEOF and DTU, has revealed that there is a basis for producing green fuels on Bornholm, Denmark. The results came after a year
The European Parliament has voted to boost the deployment of renewable energy, setting the goal to increase the share of renewables in the EU’s final energy consumption to 42.5% by 2030.
Prysmian has begun horizontal directional drilling (HDD) works that will allow the subsea cables for the first-ever energy link between the UK and Germany to be brought on land. Led by global investors Meridiam, Allianz Capital Partners, Kansai Electric Power and TEPCO, NeuConnect will become one of
A new report by Robert Gordon University has found that the UK offshore energy workforce can increase by up to 50% from over 150,000 in 2023 to 225,000 by the end of the decade with new renewable jobs outnumbering oil and gas roles if a successful transition is achieved.
As part of the decarbonization of its European refineries, French major TotalEnergies is launching a call for tenders for the supply of 500,000 tons per year of green hydrogen. The company claimed that green hydrogen would make it possible to avoid the emission of around five million tons of CO2 per
Dutch producer and distributor of hydrogen-based products OCI Global has revealed plans to double its green methanol production capacity to approximately 400,000 metric tons per year in response to the growing demand for green methanol from numerous high-emissions industries, including shipping. Acc
Japan-headquartered Sumitomo Electric has chosen the location for its planned power cable factory in Scotland, announced earlier this year as part of the company’s goal of expanding its business in Europe. Sumitomo Electric announced in April the plans to establish a power cable factory in Scotland
SEA-KIT International has secured funding from the Zero Emissions Vessels and Infrastructure (ZEVI) competition to design and manufacture a hydrogen-fuelled uncrewed surface vessel (USV). The Zero Emissions Ports Hydrogen Refilling Survey Vessel (ZEPHR) project aims to extend vessel operation for po
The Government of Kenya and the African Union have proclaimed that climate change is the single greatest challenge facing humanity which demands urgent and concerted action from all nations to lower emissions and reduce the concentration of greenhouse gases in the atmosphere. During the inaugural Af
At this year’s Gastech, an annual natural gas, LNG, hydrogen, low-carbon solutions and climate technologies event, held in Singapore, industry experts discussed how the global energy industry can help tackle crucial challenges, such as identifying the best means of unlocking investment in energy pro
G20 leaders have decided to accelerate efforts to triple total renewable energy capacity and underscore the global need for over $4 trillion of annual investments until 2030, endorsing recommendations from the International Renewable Energy Agency (IRENA) for global renewable energy adoption. In a d
Weening the world off fossil fuels and developing clean alternatives was bound to be hard even in perfect circumstances, but the latest global developments are bringing into question if any of the current efforts to decarbonize and reach net zero are even achievable in the given time-frames. Case in
Industry associations, research centers and supported developers have all unanimously welcomed the results of the latest renewables auction in the UK – where 53MW of tidal stream projects won contracts – deeming the outcome a ‘resounding vote of confidence’ in the increasingly mature tidal energy se
