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Outlook & Strategy

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Illustration/CorPower's commercial-scale C4 wave energy converter (Courtesy of CorPower Ocean)
Outlook & Strategy

Wave energy’s global warming potential 40 times lower than fossil fuels, study finds

CorPower Ocean and energy academics from Edinburgh University have completed a rigorous Life Cycle Assessment (LCA) of a wave energy array, showing its global warming potential to be 20-40 times lower than conventional fossil fuel electricity generation.

about 4 years ago
In focus: Europeans taking major hydrogen steps
Outlook & Strategy

In focus: Europeans taking major hydrogen steps

The offshore energy industry made it clear long ago that hydrogen will play an important role in the efforts to reach net-zero and achieve decarbonization targets. Many steps have been taken in this direction so far, but this week hydrogen made a grand entrance with the announcement that the world w

about 4 years ago
Offshore testing of Minesto’s Dragon Class scale model (Courtesy of Minesto)
Outlook & Strategy

Minesto verifies commercial performance of Dragon Class tidal power plant

Minesto has informed that the commissioning results of its Dragon Class tidal power plant in Faroe Islands have verified commercial performance and are fully in line with simulation results.

about 4 years ago
Breathing new life into decommissioned North Sea platform as ‘one of the UK’s largest public art installations’
Outlook & Strategy

Start of decommissioned North Sea platform’s new lease on life as ‘one of the UK’s largest public art installations’

A decommissioned North Sea platform – SEE MONSTER – is on its way to be reimagined into the world’s first & only repurposed offshore platform.

about 4 years ago
Blue Visby
Outlook & Strategy

New platform will tackle “Sail Fast, then Wait” phenomenon to cut shipping emissions

Thirteen members have launched the Blue Visby Consortium which is aimed at helping the shipping industry eliminate the wasteful practice of “Sail Fast, then Wait” (SFTW) through a collaborative platform.

about 4 years ago
IRENA: Green hydrogen trade to improve energy security
Outlook & Strategy

IRENA: Green hydrogen trade to improve energy security

Renewable Energy Agency (IRENA) sees the green hydrogen trade as significantly contributing to a more diversified and resilient energy system.

about 4 years ago
Scaled Blue Horizon wave energy device at FloWave (Courtesy of Mocean Energy)
Outlook & Strategy

Mocean Energy starts EuropeWave test program

Scottish company Mocean Energy has begun tank testing models of its 250kW Blue Horizon wave energy machine as part of the EU-funded EuropeWave program.

about 4 years ago
Rémi Gruet, CEO of Ocean Energy Europe (Courtesy of Ocean Energy Europe)
Outlook & Strategy

Ocean Energy Europe: UK sets strong example with first-ever tidal stream auction winners

Ocean Energy Europe has applauded the results of the fourth UK government’s renewables auction, stating that tidal energy can now take its rightful place in the UK’s mainstream electricity supply and calling for EU to follow suit.

about 4 years ago
Italy’s OLT Offshore appoints new executives, CEO
Outlook & Strategy

Italy’s OLT Offshore appoints new executives

Italian company OLT Offshore LNG Toscana, the operator of the FSRU terminal near Livorno, has appointed a new chairman and confirmed the role of chief executive officer (CEO).

about 4 years ago
Hapag-Lloyd
Outlook & Strategy

Hapag-Lloyd to use advanced biofuels for transport of DHL shipments

DHL Global Forwarding, the air and ocean freight specialist of Germany’s Deutsche Post DHL Group, has signed an agreement with compatriot liner shipping company Hapag-Lloyd for the use of advanced biofuels.

about 4 years ago
SIMEC Atlantis’ tidal turbine for MeyGen project (Courtesy of SIMEC Atlantis)
Outlook & Strategy

MeyGen set for additional 28MW of tidal energy

SIMEC Atlantis Energy has secured UK government support to deliver the next phase of one of the world’s leading tidal power schemes – the MeyGen tidal energy project.

about 4 years ago
ORE Catapult, National Robotarium to deliver £9.6M offshore robotics project
Outlook & Strategy

ORE Catapult, National Robotarium to deliver £9.6M offshore robotics project

Offshore Renewable Energy (ORE) Catapult and the National Robotarium have been confirmed as consortium partners for the delivery of the Offshore Low Touch Energy Robotics and Autonomous Systems (OLTER) project aimed at scaling and commercialising robotics as a service. The project, which is a part o

about 4 years ago
Orbital Marine's O2 tidal turbine (Courtesy of Orbital Marine Power)
Outlook & Strategy

Orbital Marine Power secures revenue support for 7.2MW tidal energy projects

Scottish floating tidal energy company Orbital Marine Power has been awarded two contracts for difference (CfDs) in the latest renewable energy auction scheme in the UK.

about 4 years ago
One of the turbines used for the MeyGen project – the AR1500 (Courtesy of SIMEC Atlantis)
Outlook & Strategy

UK’s fourth contracts for difference round awards over 40MW of new tidal power capacity

The fourth round of the Contracts for Difference (CfD) scheme has seen the first-ever tidal stream auction winners – Orbital Marine Power, SIMEC Atlantis Energy, and Magallanes Renovables – who will together generate over 40MW of clean power from tides for British homes and businesses.

about 4 years ago
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