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Market Outlooks

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Wavepiston wave energy system (Courtesy of Wavepiston)
Market Outlooks

Wavepiston secures €600K in investment commitments

Danish company Wavepiston has through its ongoing capital raise secured €600,000 in investment commitments that will be used to further advance its wave energy technology.

about 4 years ago
Norway buzzing with exploration activity in 1H 2022 with more to come
Market Outlooks

Norwegian authorities expect up to 40 exploration wells this year

Norway has recorded a high level of exploration activity in the first half of 2022, which has led to six discoveries so far.

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

Spain floats €200M grant program plan for marine renewable energy pilots

Ministry for the Ecological Transition and the Demographic Challenge (MITECO) of Spain has drafted a plan for four aid programs totaling €200 million, designed to boost investment in pilot projects, test platforms, and port infrastructure for marine renewable energy.

about 4 years ago
Five-year offshore oil & gas EPC spend to total whopping $276 billion, forecasts Westwood
Market Outlooks

Westwood sees five-year offshore EPC spend reaching whopping $276 billion

The oil and gas sector’s offshore EPC spend is expected to total $276 billion, forecasts Westwood Global Energy.

about 4 years ago
UK’s first Hydrogen Champion named
Market Outlooks

UK’s first Hydrogen Champion named

UK government’s Department for Bussiness, Energy & Industrial Strategy announces the appointment of Jane Toogood as the country’s first ‘Hydrogen Champion’.

about 4 years ago
Technavio: Increase in LNG supply to drive LNG bunkering market growth
Market Outlooks

Technavio: Increase in LNG supply to drive LNG bunkering market growth

Global technology research company Technavio foresees the LNG bunkering market size to grow by $755.39 million due to an increase in the sup

about 4 years ago
L to R: Jeremy Smith; Keith Murray (Courtesy of QED Naval)
Market Outlooks

UK tidal energy experts call for more support from government

One of the leading tidal energy experts in UK, Jeremy Smith from the Scottish company QED Naval, has urged the UK government to give the tidal sector dramatically more financial support in order to improve the resilience of the country’s clean energy systems.

about 4 years ago
Floating solar park with offshore wind farm (Courtesy of RWE)
Market Outlooks

RWE and SolarDuck partner up to commercialize offshore floating solar. Plans laid for integration with offshore wind

RWE, one of the world’s leading companies for renewable energy, and Dutch-Norwegian company SolarDuck have signed a collaboration agreement to develop the use of floating solar parks at sea, while also outlining plans for integration of such power plants with offshore wind farms.

about 4 years ago
Red alert for EU: How can Europe prevent a major gas crunch?
Market Outlooks

Red alert for EU: How can Europe prevent a major gas crunch?

Amid the global energy crisis, coordinated actions across the EU are essential to prevent a major gas crunch, says the IEA boss.

about 4 years ago
European Commissioner for Energy Kadri Simson (Courtesy of Ocean Energy Europe/Photo by Simon Pugh)
Market Outlooks

EU Energy Commissioner takes a tour of Dutch tidal power plant

The European Commissioner for Energy Kadri Simson has visited the Eastern Scheldt Tidal Power Plant in Dutch province of Zeeland, to get a glimpse of the future where tidal energy is an everyday part of EU citizens’ lives.

about 4 years ago
EDP’s floating solar plant in Alqueva (Courtesy of EDP)
Market Outlooks

EDP inaugurates ‘pioneering’ 5MW floating solar plant in Portugal

Global energy company EDP has inaugurated a 5MW floating solar plant in Alqueva – said to be the largest floating solar installation on a dam reservoir in Europe.

about 4 years ago
In focus: Are renewables turning oil & gas plays truly into a thing of the past or are we not there yet?
Market Outlooks

In focus: Are oil & gas plays truly becoming a thing of the past or are we not there yet?

Worldwide dependence on oil and gas has been in evidence ever since the Ukraine crisis started, casting doubt over the pace and the lengths the world is prepared to go to in order to embrace decarbonisation. While the shift to green energy investments is undoubtedly both necessary and inevitable, th

about 4 years ago
PtX
Market Outlooks

VDMA, VSM roll out PtX roadmap for maritime energy transition

German Mechanical Engineering Industry Association (VDMA) and German Shipbuilding and Ocean Industries Association (VSM) have presented a power-to-X (PtX) roadmap for the maritime energy transition.

about 4 years ago
‘Disorderly’ energy transition looms with rising coal demand, high gas prices and stalled renewable plans, says WoodMac
Market Outlooks

‘Disorderly’ energy transition looms with rising coal demand and high gas prices, says WoodMac

WoodMac: As plans for renewables stall, Asia’s decarbonisation ambition does not match reality amid rising coal demand and high gas prices.

about 4 years ago