Outlook & Strategy

UK raises tidal energy strike price for next renewables auction
The UK government has increased the maximum price for tidal energy projects by 29% in its flagship renewables support scheme.

Germany aims to set up hydrogen core network by 2032
In a bid to have a country-wide efficient hydrogen infrastructure network by 2032, Germany’s federal cabinet has passed a draft law that provides regulations for financing the core network. At the same time, transmission system operators (TSOs) have submitted the draft application for the hydrogen c

Portugal welcomes its first fully electric ferry
Portugal’s first zero-emission, electric ferry has been delivered by Grupo ETE following a christening ceremony at Navaltagus Shipyard in Seixal.

Are air lubrication systems both sustainable and profitable?
Throwing air lubrication systems into play as both sustainable and profitable ventures.

GAZ-SYSTEM selects potential suppliers of first Gdańsk FSRU
Poland’s natural gas transmission system operator GAZ-SYSTEM has concluded agreements with Japan’s Mitsui O.S.K. Lines and Norway’s BW LNG as potential suppliers of the first floating storage regasification unit (FSRU), which will serve as a regasification terminal in the Gulf of Gdańsk. The two par

HydroWing gears up for Welsh tidal energy project with streamlined Tocardo turbines
UK-based company HydroWing has unveiled plans for its 10MW tidal energy project in Wales, supported by the UK government’s renewables auction scheme, which will future next-generation Tocardo tidal turbines wit significant increases in yield.

Jacobs to help advance new tidal range turbine technology
A Jacobs-led consortium of industry and academic organizations has been awarded funding from the UK government to help develop a new type of tidal turbine designed to improve the viability and potential of the country’s tidal range power projects.

Wärtsilä rolls out industry’s first 4-stroke ammonia engine
Finnish technology group Wärtsilä has introduced the marine sector’s first commercially available 4-stroke engine-based solution for ammonia fuel.

The Netherlands and Germany bolster hydrogen ties
Germany and the Netherlands have signed joint declarations of intent to strengthen their cooperation in the field of hydrogen infrastructure and import and establish a cross-border hydrogen ecosystem. The declarations of intent were signed in Duisburg as part of the Dutch King Willem-Alexander’s wor

£9 million grant in for UK’s first HVDC cable factory
UK-based XLCC has secured a £9 million grant from Scottish Enterprise to continue the development of the UK’s first HVDC cable factory, located in North Ayrshire, Scotland. The grant follows planning approval of the proposed site from North Ayrshire Council in May. When fully operational, the site i

Boskalis opens shore power facility for its vessels in Rotterdam
Dutch dredging and heavy lift company Boskalis has commissioned a large-scale shore power facility at its premises in the Waalhaven in Rotterdam, the Netherlands.

TotalEnergies draws attention to slow energy transition progress, urging developed economies to support Global South’s transformation
TotalEnergies has published its new annual energy outlook, presenting scenarios for the evolution of demand and the global energy system to contribute to the energy transition’s debate in the run-up to COP28.

Gasunie to use green method of financing for energy transition projects
Dutch energy company Gasunie has issued its first green bond, a loan for €300 million with a maturity of 9.5 years, intending to use the proceeds to finance part of its energy transition projects, such as the construction of the national hydrogen grid in the Netherlands. Gasunie revealed the company

Fugro updates 2027 strategy, plans expansion into CCUS
Fugro is planning to expand into the carbon capture utilization and storage (CCUS) segment as part of its strategy towards 2027. Fugro has updated its strategic agenda with three priorities, including growing and transforming current business, expanding into developing segments, and increasing recur