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Outlook & Strategy

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A concept for wave-powered renewable energy system for subsea equipment (Courtesy of Mocean Energy)
Outlook & Strategy

Energy companies invest £1.6M in wave-powered demo for subsea projects

Scottish wave power company Mocean Energy and energy storage developer EC-OG have joined forces with Chrysaor, Modus, OGTC and Baker Hughes to build and demonstrate a wave-powered renewable energy system for running subsea equipment.

about 5 years ago
Photo of Minesto's DG100 device (Courtesy of Minesto)
Outlook & Strategy

Minesto up and running again in the Faroe Islands

Swedish marine energy developer Minesto has resumed operational activities on its DG100 tidal power plant in Vestmannasund in the Faroe Islands.

about 5 years ago
Photo of Eco Wave Power's wave energy technology (Courtesy of Eco Wave Power)
Outlook & Strategy

Eco Wave Power eyes Nasdaq US listing

Swedish-Israeli wave energy company Eco Wave Power has confidentially submitted a draft registration statement for the proposed listing on Nasdaq US stock exchange market.

about 5 years ago
Illustration; Source: Pale Blue Dot
Outlook & Strategy

Mitsui invests in Acorn carbon capture and storage project

Japan’s Mitsui has invested in Storegga Geotechnologies, the lead developer of the Acorn carbon capture and storage (CCS) project off the UK.

about 5 years ago
Illustration/Mocean Energy's wave energy tech (Courtesy of Wave Energy Scotland)
Outlook & Strategy

WES outlines EuropeWave project plans

Wave Energy Scotland (WES) has unveiled details about the expected starting date and the proposed scope for the upcoming pre-commercial procurement (PCP) process for the EU-funded EuropeWave project.

about 5 years ago
Illustration/Sabella's D10 tidal turbine (Courtesy of DTOceanPlus/Sabella)
Outlook & Strategy

DTOceanPlus design tools set for demonstration

The EU-funded DTOceanPlus project has developed standalone beta versions of the whole suite of new design tools for ocean energy systems which are now ready for the demonstration phase.

about 5 years ago
Subsea UK CEO Neil Gordon
Outlook & Strategy

Aberdeen underwater engineering hub set for £5 million boost

British Chancellor Rishi Sunak is expected to announce a further £5 million for the global underwater hub in Aberdeen, building on last year’s £1.3 million commitment. This is part of the government boost for Scottish businesses looking to receive more than £57 million to their green energy transiti

about 5 years ago
UK shore power
Outlook & Strategy

Shore power key to unlocking triple win for UK ports

Government support for shore-power is essential to unlocking a triple-win of cleaner air, lower climate pollution, and smart 21st-century electricity grids in UK ports, new research found.

about 5 years ago
Illustration (Courtesy of UNEP FI)
Outlook & Strategy

UNEP FI releases guide on blue financing for sustainable ocean recovery

United Nations Environment Programme Finance Initiative (UNEP FI) has released a new guidance on blue finance to help banks, insurers and investors take action on the transition of ocean sectors to a sustainable future.

about 5 years ago
Illustration (Courtesy of the University of the Highlands and Islands)
Outlook & Strategy

Researchers use drones to pinpoint tidal energy sweetspots

Researchers in the north of Scotland and Wales are trialling a new method of measuring tidal currents with the help of drones in a project that could revolutionise the marine renewables industry.

about 5 years ago
Illustration (Courtesy of DMEC)
Outlook & Strategy

DMEC joins World Ocean Council

The Dutch Marine Energy Centre (DMEC) has become a member of the global blue economy business and investment organization World Ocean Council (WOC).

about 5 years ago
Illustration; Source: Chevron
Outlook & Strategy

Chevron backs Swedish geothermal energy business

U.S. oil major Chevron has continued with its latest wave of investments in low-carbon and renewable businesses and technologies with the latest one going to a Swedish geothermal firm.

about 5 years ago
Henriette-H.-Thygesen
Outlook & Strategy

Maersk: We need to act faster to break this chicken and egg limbo

The transition towards zero-carbon fuels in the shipping industry needs to be accelerated, putting a greater focus on the viable solutions already on the market and skipping transitional solutions. These were the messages of A.P. Moller Maersk’s Executive Vice President Henriette Hallberg Thygesen d

about 5 years ago
Photo of scale model testing at FloWAVE (Courtesy of Orbital Marine Power)
Outlook & Strategy

Orbital Marine keeps up with O2 technology optimisation

Scottish developer of floating tidal energy technology Orbital Marine Power has recently conducted a tank testing campaign on a scale model of O2 tidal turbine at Flowave Ocean Energy Research Facility.

about 5 years ago
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