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Market Outlooks

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Denmark-and-Belgium-sign-landmark-agreement-for-CO2-transport
Market Outlooks

Denmark and Belgium sign landmark agreement for CO2 transport

Denmark, Flanders and Belgium have signed an agreement to cooperate on the transport of CO2 between the two countries with a view to permanent geological storage. Besides the framework on carbon capture, utilization, and storage (CCUS) cooperation, the parties have concluded an arrangement on how cr

about 4 years ago
Concept for Exowave’s wave energy technology (Courtesy of Exowave)
Market Outlooks

Exowave and JD-Contractor form strategic wave energy partnership

Denmark-based subsea services provider JD-Contractor has made a strategic move into the growing wave energy sector by forming a partnership with compatriot wave energy developer Exowave.

about 4 years ago
TotalEnergies eyes top position in LNG production as it moves away from Russia
Market Outlooks

TotalEnergies eyes top position in LNG production as it moves away from Russia

French energy giant TotalEnergies is ramping up investments in liquefied natural gas (LNG) in a scenario that excludes Russia and is in a ‘very favourable’ position to benefit from the evolution of energy markets as a result of the energy transition, according to the company’s 2022 Strategy & Outloo

about 4 years ago
Illustration/Floating solar power plant (Courtesy of Sweco)
Market Outlooks

Sweco to carry out feasibility study for floating solar technology in Uganda

Swedish engineering consultancy Sweco has been tasked with conducting a feasibility study for floating solar technology at hydroelectric dams in Uganda and a detailed design of a pilot plant.

about 4 years ago
Sustainable Marine's next-gen rock anchor installation system (Courtesy of Sustainable Marine)
Market Outlooks

Sustainable Marine launches ‘next-gen’ anchor installation system for offshore renewables

Blue economy solutions provider Sustainable Marine has unveiled its next generation rock anchor installation system for offshore renewables, including tidal energy and floating wind.

about 4 years ago
The 12kW GKinetic unit deployed at Strangford Lough (Courtesy of GKinetic Energy)
Market Outlooks

GKinetic concludes ‘pivotal’ hydrokinetic turbine demonstration in Northern Ireland

GKinetic Energy has completed the testing of its 12kW unit at Strangford Lough, making major technical, commercial and environmental progress that will help fast-track the commercial uptake of its clean energy technology.

about 4 years ago
Orkney Research and Innovation Campus - ORIC (Courtesy of Highlands and Islands Enterprise)
Market Outlooks

Orkney’s innovation center for marine renewables secures over €3M for expansion

Highlands and Islands Enterprise (HIE) and Orkney Islands Council (OIC) have approved a funding package totaling £2.8 million (€3.1 million) towards the second phase of development at Orkney Research and Innovation Campus (ORIC).

about 4 years ago
Illustration/Wind and wave energy farm (Courtesy of Mocean Energy)
Market Outlooks

WES awards contract for floating wind and wave energy landscaping study

Wave Energy Scotland (WES) has hired Offshore Wind Consultants (OWC) to carry out a study into the techno-economic benefits of shared services and infrastructure for wind and wave energy technologies and projects.

about 4 years ago
Saint-Nazaire offshore wind farm and offshore substation/Photo by: Parc Eolien en Mer de Saint-Nazaire on Twitter; Eolien Maritime France (EMF)
Market Outlooks

In focus: Offshore renewables and green hydrogen set to herald in a new energy paradigm

The global energy sector’s transition from fossil-based systems of energy production to renewable energy sources is proving to be an increasingly challenging goal to attain, especially in the context of current energy security and supply setbacks. However, offshore renewable energies – mainly offsho

about 4 years ago
Concept for Ocean Harvesting’s InfinityWEC (Courtesy of Ocean Harvesting Technologies)
Market Outlooks

Case study into oil and gas platform electrification with wave energy delivers ‘promising results’

A case study, conducted by Ocean Harvesting Technologies and Lundin Energy Norway, has shown that wave power could provide significantly more stable power production than offshore wind for the electrification of oil and gas platforms.

about 4 years ago
Poseidon Principles
Market Outlooks

Shipping banks, marine insurers opt for 1.5-aligned emissions benchmarking

30 shipping banks and 17 marine insurance providers and brokers announced today that the Poseidon Principles will add additional trajectories to report climate alignment with a 1.5C future.

about 4 years ago
Wave energy technologies proceeding to next phase of EuropeWave project (Courtesy of EuropeWave)
Market Outlooks

Five wave energy projects proceed to next phase of EuropeWave

Following the competitive first phase of EuropeWave’s pre-commercial procurement (PCP) program, five wave energy projects have been selected to develop their concepts further in the next phase.

about 4 years ago
World’s first offshore green hydrogen production platform inaugurated in France
Market Outlooks

World’s first offshore green hydrogen production platform inaugurated in France

French green hydrogen technology developer Lhyfe, together with its partners, has inaugurated the world’s first offshore renewable hydrogen platform in France.

about 4 years ago
Illustration (Courtesy of IRENA)
Market Outlooks

Renewable energy jobs remain resilient with 12.7 million employed globally

Worldwide renewable energy employment reached 12.7 million last year, a jump of 700,000 new jobs in one year, according to a new report by International Renewable Energy Agency (IRENA).

about 4 years ago
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