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Market Outlooks

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One of the test facilities at Lir NOTF (Courtesy of Lir NOTF)
Market Outlooks

Irish test center opens doors for offshore renewable energy trials

The Lir-National Ocean Test Facility (Lir NOTF), in collaboration with the Sustainable Energy Authority of Ireland (SEAI), has launched a call for scaled physical testing of offshore renewable energy devices.

about 3 years ago
Stena Line
Market Outlooks

Methanol Institute issues first complete guide to methanol as marine fuel

The Methanol Institute, a global trade association for the methanol industry, has published the first comprehensive guide to methanol as a marine fuel to help stakeholders across the industry access the information they need to support decision-making on which alternative fuel is right for their fle

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about 3 years ago
Illustration; Source: International Energy Agency (IEA)
Market Outlooks

Spending on solar on the brink of surpassing oil investments for the first time ever, says IEA

The clean energy investment is now extending its lead over fossil fuels, boosted by energy security strengths, highlights the IEA.

about 3 years ago
Photo showing Seabased wave energy generators head for deployment at Sotenas in Sweden (Courtesy of Seabased)
Market Outlooks

Bermuda incorporates wave energy into its legal framework

The Government of Bermuda has approved regulations for innovative licenses to provide electricity to the island, including those for wave energy.

about 3 years ago
Illustration/CorPower C4 wave energy device at the Port of Viana do Castelo (Courtesy of CorPower Ocean)
Market Outlooks

CorPower sings praises for Portuguese wave energy suppliers

CorPower Ocean has named a Portuguese company as its ‘supplier of the year’ in recognition of the role it played in the development of its first commercial-scale wave energy converter, soon to be deployed offshore Portugal.

about 3 years ago
Illustration; Source: Aquaterra Energy
Market Outlooks

In focus: Will the hydrogen rainbow chase away fossil fuels’ clouds?

The global energy players are burning the midnight oil in pursuit of low-carbon solutions to curb emissions and enrich the energy mix.

about 3 years ago
Thorco Projects
Market Outlooks

Norden expands into wind energy and general cargo market with Thorco Projects acquisition

Danish shipping company Norden has entered into an agreement to acquire Thorco Projects, a business specializing in general cargo segments such as break bulk, steel, and wind energy. This strategic move marks Norden’s expansion into new markets including the wind energy segment, which is a growing s

about 3 years ago
Illustration/Floating solar array (Courtesy of Wood Mackenzie)
Market Outlooks

Global floating solar set to go above 6GW by 2031, Wood Mackenzie finds

The global floating solar market is expected to pass the 6GW threshold by 2031, with the Asia-Pacific region showing highest demand, according to the analysis from Wood Mackenzie.

about 3 years ago
Hydrogen Mobility Ireland reports on role of H2-derived e-fuels in maritime
Market Outlooks

Hydrogen Mobility Ireland reports on role of H2-derived e-fuels in maritime

Hydrogen Mobility Ireland (HMI), a group of Irish stakeholders looking to develop the use of hydrogen for transport in Ireland, has issued a report on how the development of a hydrogen ecosystem can facilitate the production of sustainable e-fuels for use in aviation and shipping transport. In the r

about 3 years ago
G7 meeting; Source: International Energy Agency (IEA)
Market Outlooks

G7 upping the green and low-carbon ante while gas is still king of energy throne

The G7 stresses the role gas, especially LNG, can play in propelling the transition to clean energy forward.

about 3 years ago
Gasgrid and Fingrid draft three scenarios for Finnish hydrogen economy
Market Outlooks

Gasgrid and Fingrid draft three scenarios for Finnish hydrogen economy

Gasgrid Finland, a Finnish state-owned company and transmission system operator, and compatriot transmission system operator Fingrid have drafted three different scenarios in the joint project exploring the possibilities of the hydrogen economy and analysing its effects on the Finnish energy system.

about 3 years ago
NGO
Market Outlooks

BIMCO: 15,000 vessels set to be recycled by 2032

Over the next ten years, from 2023 to 2032, more than 15,000 ships with deadweight capacity of more than 600 million tonnes are expected to be recycled, more than twice the amount recycled in the previous ten years, BIMCO estimates. As recycling volumes increase, it is increasingly important that th

about 3 years ago
Illustration (Courtesy of ICE)
Market Outlooks

Tidal energy scheme in Liverpool eyes consenting management services

Liverpool City Region Combined Authority (LCRCA) is looking to secure consenting management services to advance the development of the Mersey tidal range project.

about 3 years ago
Illustration/ SIMEC Atlantis’ AR1500 tidal turbine for MeyGen project off Scotland (Courtesy of SIMEC Atlantis)
Market Outlooks

Crown Estate Scotland seeks consultants to manage wave and tidal energy operators panel

Crown Estate Scotland has launched a tender for a consultant that would act as the manager of wave and tidal energy operators panel.

about 3 years ago