Ocean Power Technologies, a company planning to build the nation’s first commercial wave energy operation offshore Oregon, announced that it is undertaking studies which will probably cause the delay of a test buoy installation, Winnipeg Free Press reports. CEO Chuck Dunleavy stated: “This process c
PIRA Energy Group will release a new study this May entitled, Liquefied Henry Hub: The Repercussions of North American LNG Exports at Home and Abroad, which analyzes and forecasts the effects of foreign gas demand and global competition on LNG production in the North American gas market and beyond.
The US Government is about to release the first draft of Florida Atlantic University’s Environmental Assessment for its planned ocean energy project, the Business Journal informs. The university’s Center for Ocean Energy Technology plans to install undersea turbines in the Gulf Stream to generate el
Australia’s resources and energy commodity export earnings are forecast to decline to $186 billion in 2012–13, but grow in the medium term according to the Resources and Energy Quarterly–March Quarter 2013, released by the Bureau of Resources and Energy Economics (BREE). “A forecast fall in the pric
Since the plate tectonics revolution of the 1960s, scientists have known that new seafloor is created throughout the major ocean basins at linear chains of volcanoes known as mid-ocean ridges. But where exactly does the erupted magma come from? Researchers at Scripps Institution of Oceanography at U
The net support costs for society of offshore wind in Belgium is lower than in neighbouring countries. Gross income for the various projects also lies below the European average. This appears from a comparative report by an independent consultancy firm, 3 E, in which the various support systems of 6
The U.S. Department of Energy (DOE) Water Power Program announced today up to $1.9 million to reduce market barriers commonly faced by the marine and hydrokinetic (MHK) technology industry. Through this competitive funding opportunity, the Energy Department will collaborate with the Bureau of Ocean
Community members and residents are invited to attend the first in a series of informal consultation events, providing the chance to find out more about the proposed Swansea Bay Tidal Lagoon. The first three informal consultation events will start on Thursday 11 April at Swansea Civic Centre Library
PIRA Energy Group reports that the recent drop in Asian LNG spot prices confirms PIRA’s belief that the seasonal dip in 2Q13 Asian LNG demand would cut into spot prices. In the U.S., year-on-year gas storage deficits are on track to be significant by the end of March. In Europe, gas demand is above
The first graduate to come through the Fort William-based subsea training facility, The Underwater Centre, as a result of a Caithness Chamber of Commerce-led funding initiative has already secured a job in the industry. Kevin Macleod (30), of Caithness, who was working as an instrument technician wi
Conservation groups sent a letter to Bureau of Safety and Environmental Enforcement (BSEE) Director James Watson asking for a public comment period and review of ConocoPhillips’ Chukchi Oil Spill Response Plan and accompanying environmental documentation. In 2012, BSEE distributed Shell Oil’s Chukch
The U.S. Department of Energy (DOE) Water Power Program announced today up to $1.9 million to reduce market barriers commonly faced by the marine and hydrokinetic (MHK) technology industry. Through this competitive funding opportunity, the Energy Department will collaborate with the Bureau of Ocean
The wreck of a German WWII submarine “U-486” was found offshore Norway while conducting oil pipeline planning operations, thelocal.de reports. Statoil confirmed, on their Facebook profile, that the company has found the submarine in a 250 meter depth. The submarine left Bergen from the west coast of
Navigant Research announced today that it has released the annual BTM wind report International Wind Energy Development: World Market Update 2012. The 180+ page BTM wind report, World Market Update 2012, published by Navigant Research, is the eighteenth edition of this annual wind energy market repo