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ammonia-fueled ammonia gas carrier
Transition

Shipping ‘partially on track’ on decarbonisation targets, moving from pilots to production of zero-emission fuels now crucial

The shipping industry is ‘partially on track’ with regard to the progress in technology and supply of scalable zero-emission fuels (SZEF) to achieve the target of a 5 percent share of international shipping fuels by 2030, according to a new joint report produced by UMAS and UN Climate Change High Le

about 4 years ago
New hydrogen projects achieve record numbers; investments must triple to $700 bln by 2030 to hit net-zero target, report shows
Transition

New hydrogen projects achieve record numbers; investments must triple to $700 bln by 2030 to hit net-zero target, report shows

Hydrogen projects have reached record numbers globally as 680 large-scale projects were announced, which is an increase of 50% since November 2021. However, investments in hydrogen must triple by 2030 in order to achieve the global 2050 net-zero target, says a new report published by the Hydrogen Co

about 4 years ago
Eni seeks approval for CCS project in depleted North Sea field and sets up net-zero initiative
Transition

Eni seeks approval for CCS project in depleted North Sea field and sets up net-zero initiative

Following a license application for a CCS project in a depleted North Sea field, Eni has revealed the creation of a net-zero initiative.

about 4 years ago
shipping illustration
Transition

Meriaura, partners to build green ammonia-powered cargo ship

Finnish shipping company Meriaura, engine maker Wärtsilä, and Green NortH2 Energy have signed a Letter of Intent for building a cargo vessel that runs on green ammonia. The vessel will be ordered and operated by Meriaura, and Green NortH2 Energy is responsible for supplying green ammonia fuel, which

about 4 years ago
hydrogen
Transition

EC approves up to €5.2 billion funding for second hydrogen IPCEI

The European Commission (EC) has approved IPCEI Hy2Use, the second Important Project of Common European Interest (IPCEI) in the hydrogen value chain. The project will receive up to €5.2 billion in public funding from thirteen member states. The project involves 29 companies and 35 projects from thir

about 4 years ago
ports
Transition

Ports can accelerate zero-emission ocean shipping transition, new report shows

Ports need to accelerate action in the race to a zero-emission ocean shipping future, environmental organisations Pacific Environment and Opportunity Green said in a new playbook released in connection with Climate Week NYC 2022.

about 4 years ago
Construction of LNG terminal starts at Lubmin port in Germany
Transition

Construction of LNG terminal starts at Lubmin port in Germany

German company Deutsche ReGas has kicked off the construction of ‘Deutsche Ostsee’, a liquefied natural gas (LNG) terminal in Lubmin in the northeast of the country. According to the company, the construction began on 20 September as an ‘important milestone’ for the project. The industrial port will

about 4 years ago
Illustration (Courtesy of IRENA)
Transition

IRENA: Greater international collaboration needed to get the world on net-zero track

International Renewable Energy Agency (IRENA) has released a new report, setting out urgent priorities to rapidly make more clean technologies the most affordable options in key sectors.

about 4 years ago
European countries eye stronger energy security with Black Sea interconnector
Transition

European countries eye stronger energy security with Black Sea interconnector

A feasibility study has been initiated for a new electricity subsea interconnector project that will link the South Caucasus region to the synchronous grid of Continental Europe, with the purpose of strengthening energy security in Europe.

about 4 years ago
CGM CGM Champs Elysees
Transition

Study: Shipowners opting for LNG risk $850 bln loss in stranded assets by 2030

The world’s rapidly growing fleet of ships that can burn liquefied natural gas (LNG) is at risk of financial losses of $850bn by 2030, according to a new study by UCL Energy Institute researchers. Namely, 65% of the newbuilding deliveries by 2025 is capable of running on LNG as a marine fuel, up fro

about 4 years ago
A photo of the Deutsche Bucht Offshore Wind Farm in Germany
Transition

Nova Scotia’s green hydrogen plans lead to first offshore wind leasing in Canada

The Canadian Province of Nova Scotia will auction off 5 GW of offshore wind energy by 2030, starting in 2025, with an ultimate aim to support green hydrogen production. This is the first concrete move toward planned offshore wind development in the country which has seen significant activity in the

about 4 years ago
NY: National Grid introduces large-scale fossil-free energy hub model
Transition

NY: National Grid introduces large-scale fossil-free energy hub model

National Grid, an electricity, natural gas, and clean energy delivery company, has introduced its Northeast Clean Energy Vision, a model to develop and deliver a large-scale, clean and fossil-free energy hub across the entirety of Long Island in New York State. The company unveiled its clean energy

about 4 years ago
Boaty McBoatface investigating end-of-life North Sea oil fields to back net-zero path
Transition

Boaty McBoatface investigating end-of-life North Sea oil fields to back net-zero path

The UK’s National Oceanography Centre (NOC) has kicked off research on end-of-life oil fields in the North Sea using the robot submarine Boaty McBoatface with the aim of helping monitor and protect the marine environment and support industry transition towards net-zero targets. The Autosub Long-Rang

about 4 years ago
UK oil & gas on track to meet interim emission targets but ‘bold measures’ needed for 2030 goal, says regulator
Transition

UK oil & gas on track to meet interim emission targets but ‘bold measures’ needed for 2030 goal, says regulator

The NSTA says that the UK oil & gas industry is making progress on emission reduction targets but more will be required to reach 2030 goals.

about 4 years ago
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