Car brand Volvo Cars has switched to renewable fuels for ocean freight to cut fossil CO2 emissions. Volvo said that every year tens of thousands of containers of production material destined for its factories are carried across the world’s oceans on container ships, noting that from now on, most of
The fast-paced development of the offshore wind industry is causing the emergence of new, unforeseen jobs to which ports cannot cater as there is a lack of people and a lack of port capacity, Jesper Bank, Chief Commercial Officer of Port Esbjerg, said during a presentation in Denmark. Although the n
The summer holiday season doesn’t seem to be slowing down the activities of the global energy sector. Energy companies are still moving strongly towards a low-carbon and sustainable future, with carbon capture and storage (CCS) and renewables serving as the main topics of the conversation. TotalEner
Marine Energy Wales and Morlais have signed a memorandum of understanding to enhance their collaborative efforts and accelerate growth of the marine energy sector.
Marine Energy Research Australia (MERA) has teamed up with CorPower Ocean and Australia Ocean Energy Group (AOEG) to perform an extensive study focused on wave energy hydrodynamics, which could result in driving performance, reducing cost and accelerating commercialization of wave energy technology.
The Marine Energy Wales annual State of the Sector Report has highlighted the progress and achievements of Wales in the marine renewable energy sector, unveiling €120.4 million investment in the sector over last year – nearly quadrupling the previous year’s figures.
The University of Oxford, along with two other universities and over twenty industry stakeholders and regulatory bodies, will work together on an ambitious €8.1 million project that will address the key challenges currently preventing the tidal energy sector from reaching its full potential.
The report on the potential of tidal stream energy to support sustainable growth in the UK, published by Grantham Research Institute on Climate Change & the Environment, has concluded that this form of energy can serve as an effective complement to wider efforts on both net zero and energy security.
The government of Canada has established a task force on sustainable tidal energy to explore issues and opportunities associated with the deployment of tidal energy projects in the Bay of Fundy.
In the first volume of the World Energy Transitions Outlook (WETO) 2023, the International Renewable Energy Agency (IRENA) calls for annual renewable power additions of 1,000 GW by 2030 to keep the 1.5°C climate target within reach. More specifically, IRENA identifies the way forward to immediately
Orkney-based Green Marine has secured financing from Siemens Financial Services (SFS) with the aim of growing its offshore renewables offering. Green Marine stated that it was seeing a rapid growth opportunity driven by a massive increase in global interest in green energy sources and many businesse
Subsea 7’s offer to acquire the entire issued share capital of Norway’s DOF Group is expiring at the end of today, 19 June, after the rejection from DOF’s board. Subsea 7 made a proposal on 15 June to the Board of Directors of DOF to acquire the entire issued share capital of the group, offering [&h
According to the “Stick or twist: Should gas resource holders target LNG exports or blue ammonia?” report by energy intelligence group Wood Mackenzie (WoodMac), the acceleration of the energy transition means gas resource holders increasingly face a choice to either follow the established pathway an
This time last year, the world, especially Europe, was busy as popcorn on a skillet trying to secure energy supplies and balance net-zero targets with the global energy crisis hot on its heels. This prompted governments, policymakers and industry players to transform strategies and ramp up investmen
