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Market Outlooks

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Fund application to kickstart Dutch electrolyser manufacturing industry
Market Outlooks

Fund application to kickstart Dutch electrolyser manufacturing industry

The consortium De Nederlandse Waterstof Delta (The Dutch Hydrogen Delta) has submitted a plan to Dutch MPs Bontenbal, Boucke, and Erkens to kickstart the electrolyser manufacturing industry and thus accelerate the hydrogen economy. According to the Port of Rotterdam, the plan, which ensures that the

about 3 years ago
The rendering of the SEAVOLT offshore solar platform (Courtesy of SEAVOLT project)
Market Outlooks

Belgian partners present new offshore solar technology

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Jan De Nul, Tractebel, and DEME have jointly developed a new offshore floating solar technology, said to be capable of operating in harsh marine conditions and in combination with offshore wind farms.

about 3 years ago
Santorini drillship; Source: Saipem
Market Outlooks

Offshore drilling upcycle whets contractors’ appetite for rig reactivation with scrapping taking a downturn

Westwood says offshore rig scrapping is at its lowest level in years, as the offshore drilling market’s recovery intensifies.

about 3 years ago
Illustration/CorPower Ocean's wave energy farm (Courtesy of CorPower Ocean)
Market Outlooks

Wave energy to play instrumental role in heavy industry decarbonization, study finds

A new study has revealed that wave energy can play an instrumental role in the decarbonization of the steel manufacturing industry, which accounts for around 7% of global greenhouse emissions.

about 3 years ago
ISWEC wave energy device deployed in the Mediterranean (Courtesy of Eni)
Market Outlooks

Eni installs wave energy device offshore Italy

Italian energy giant Eni has completed the installation of ISWEC wave energy device off the coast of Pantelleria island in the Mediterranean Sea.

about 3 years ago
Westwood: Future of UK’s bountiful hydrogen pipeline rests on government shoulders
Market Outlooks

Westwood: Future of UK’s bountiful hydrogen pipeline rests on government shoulders

In its latest hydrogen whitepaper, Westwood Global Energy, an energy market research and consultancy firm, warns that lack of certainty in government policy could hinder the progress of projects in the UK’s hydrogen pipeline. Westwood’s Hydrogen Scale-up white paper, which explores the key factors p

about 3 years ago
Gasum bolsters presence in the Netherlands for new opportunities in LNG maritime market
Market Outlooks

Gasum bolsters presence in the Netherlands for new opportunities in LNG maritime market

Nordic energy company Gasum is strengthening its presence in the ARA region by registering for business in the Netherlands through its Swedish entity Gasum AB. Gasum AB has been entered into the Dutch trade register in February this year. The company said that being registered as a legal entity in t

about 3 years ago
Mocean Energy’s Blue X deployment to Copinsay (Courtesy of Mocean Energy/Photo by Colin Keldie - EMEC)
Market Outlooks

Wave power for subsea equipment demo starts off Orkney

An ambitious collaborative project to power subsea equipment with wave power and subsea energy storage, led jointly by Mocean Energy and Verlume with other consortium partners, has taken to the seas in the north of Scotland.

about 3 years ago
Illustration; Source: Worley
Market Outlooks

In focus: Tackling energy trilemma with oil & gas industry calling the shots

With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?

12 minutes read
Neptune Energy commits to Extractive Industries Transparency Initiative
Market Outlooks

Neptune Energy commits to initiative bolstering tax revenue accountability of natural resources

Oil and gas company Neptune Energy has committed to the Extractive Industries Transparency Initiative (EITI) which aims to improve accountability for the revenues paid and received for a country’s oil, gas and mineral resources. Neptune Energy said that becoming a formal supporting company builds on

about 3 years ago
Illustration (Screenshot/Video by TotalEnergies)
Market Outlooks

TotalEnergies, Holcim Belgium probe floating solar for heavy industry decarbonization

TotalEnergies and Holcim Belgium have taken the first step towards decarbonization of Obourg cement plant in Belgium with the development of a floating solar farm that will supply clean power for the facility.

about 3 years ago
CorPower's C4 wave energy device ahead of deployment off Portugal (Courtesy of CorPower Ocean)
Market Outlooks

CorPower wraps up preparatory trials ahead of C4 wave energy device deployment

Swedish company CorPower Ocean has completed load-out and towing trials for its C4 wave energy device, ahead of upcoming deployment offshore Portugal.

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

EIA calls for new approach: Throwing carbon prices into the mix to unveil fossil fuel subsidies

The International Energy Agency (IEA) has outlined a new price gap-plus approach that could bring carbon prices and environmental costs into the equation.

about 3 years ago
Illustration; Source: DNV
Market Outlooks

Security of supply to surpass clean and affordable parts of energy trilemma in 2023, says DNV

DNV, a Norway-based classification society, which predicts that energy security will be the top priority in the energy trilemma this year.

about 3 years ago