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Toyota Develops Compact Hydrogen Fuel Cell System Module for Customer Use

Toyota Develops Compact Hydrogen Fuel Cell System Module for Customer Use   Toyota has successfully packaged a hydrogen fuel cell system into a compact module that can be easily used in many different applications, including mobility (buses, trucks, trains and ships) and stationary generators. The new module is expected to go on sale to fuel cell product manufacturers – FC product...

SSE Renewables plans €6bn Irish offshore splurge

SSE Renewables plans €6bn Irish offshore splurge   SSE Renewables has pledged to spend €6bn by 2030 to build 2GW of offshore wind farms in Irish waters. Chief executive Alistair Phillips-Davies said the company plans to add the projects in phases in the coming years, starting with its consented 520MW Arklow Bank 2. “Arklow can deliver by 2025 and it would be great to get that off the drawing board, start delivering that investment in Ireland and create a positive...

INEOS, Engie Partner on Hydrogen Pilot Project

INEOS, Engie Partner on Hydrogen Pilot Project   Chemicals manufacturer INEOS Group and French utility Engie said on Feb. 25 they plan a pilot project to replace natural gas with hydrogen at INEOS’ industrial plant in Belgium. The aim of the pilot project is to replace natural gas with hydrogen used by the INEOS gas turbine. Initially, 10% of the gas feed will be replaced by hydrogen. If this goes well, the feed will be increased to 20%, INEOS said in a statement. INEO...

Aker ASA: Aker Horizons launches Aker Clean Hydrogen to industrialize clean hydrogen and reduce CO2 emissions globally

Aker ASA: Aker Horizons launches Aker Clean Hydrogen to industrialize clean hydrogen and reduce CO2 emissions globally   Aker Horizons AS (“Aker Horizons”) announces the launch of a new platform company, Aker Clean Hydrogen, a pure-play industrial clean hydrogen producer to serve a fast-growing global market. With a proven execution model and unique end-to-end asset integration and optimalization capabilities, Aker Clean Hydrogen aims to emerge as the most efficient hydro...

Rystad Energy: Offshore wind to be the new hiring haven

Rystad Energy: Offshore wind to be the new hiring haven   The COVID-19 downturn has once again caused employment rates to plummet in the oil and gas industry. Even though some uptick is expected when the recovery arrives, employment will never return to the glories of just a few years ago. However, there is an energy segment that will be the new hiring haven for energy jobs, a Rystad Energy analysis shows – offshore wind. The COVID-19 downturn has once again caused employment...

Hiring wave coming: Offshore wind staff demand to triple by 2030, hundreds of thousands needed

Hiring wave coming: Offshore wind staff demand to triple by 2030, hundreds of thousands needed   The Covid-19 downturn has once again caused employment rates to plummet in the oil and gas industry. Even though some uptick is expected when the recovery arrives, employment will never return to the glories of just a few years ago. However, there is an energy segment that will be the new hiring haven for energy jobs, a Rystad Energy analysis shows – offshore wind. Demand for offs...

ENGIE and Equinor join forces in the development of low-carbon hydrogen

ENGIE and Equinor join forces in the development of low-carbon hydrogen   ENGIE and Equinor announce their partnership to develop joint low-carbon hydrogen activities. The partners will investigate the production and market potential for hydrogen from natural gas whereby the CO2 will be captured and stored permanently offshore. ENGIE and Equinor signed a memorandum of understanding to investigate the development low-carbon hydrogen value chains in Belgium, the Netherlands and Franc...

Oil and gas firm buys into Ideol to target large offshore wind projects

Oil and gas firm buys into Ideol to target large offshore wind projects   Oil and gas floating services provider BW Offshore will invest €60 million in Ideol to create the integrated floating offshore wind company BW Ideol. BW Offshore expects to own around 50% of BW Ideol following planned capital investment and listing of it as a separate company on Oslo equity trading market Euronext Growth. The firm did not immediately confirm whether this holding was a majority or mino...

Total chief warns of renewable energy bubble

Total chief warns of renewable energy bubble   Renewable energy assets are in a bubble that has led to a string of deals with “crazy” valuations, according to the chief executive of Total, one of the world’s biggest oil and gas companies. The warning from Patrick Pouyanné comes as the industry’s heavyweights are caught between sustaining fossil fuel-based businesses that generate the bulk of both their profits and the cash for dividends, while facing...

BP and Chevron Have Made a Landmark Bet on This New Form of Clean Energy. It Could Completely Change the Renewables Scene

BP and Chevron Have Made a Landmark Bet on This New Form of Clean Energy. It Could Completely Change the Renewables Scene   BP and Chevron have made a landmark investment into a new technology that could provide the world’s first scaleable, renewable energy from a constant source: the natural heat of the earth. On Tuesday the two oil majors headlined a $40 million funding round into Eavor, a Canadian geothermal energy firm that has pioneered a new technology to generate heat...

Westwood: Total to outpace Iberdrola and Ørsted on renewable power capacity by 2030

Westwood: Total to outpace Iberdrola and Ørsted on renewable power capacity by 2030   New analysis from Westwood Global Energy Group (Westwood), the specialist energy market research and consultancy firm, reveals Total will outpace clean energy majors Iberdrola and Ørsted on renewable power capacity by 2030. The insight highlights the oil and gas major’s ambitions to reach 100GW of renewable power capacity by 2030, eclipsed only by utility Enel which aims to hav...

The global race to produce hydrogen offshore

The global race to produce hydrogen offshore   Last year was a record breaker for the UK's wind power industry. Wind generation reached its highest ever level, at 17.2GW on 18 December, while wind power achieved its biggest share of UK energy production, at 60% on 26 August. Yet occasionally the huge offshore wind farms pump out far more electricity than the country needs - such as during the first Covid-19 lockdown last spring when demand for electricity sagged. But what...

Bustling offshore wind sector boosts Scots SMEs

Bustling offshore wind sector boosts Scots SMEs   More than 20 case studies of firms working in offshore wind highlighted in new document Scottish Renewables CEO: this is ‘just the tip of the iceberg of what the future holds’ A busy year for offshore wind in Scotland is highlighted in a new edition of Scottish Renewables’ Supply Chain Impact report, launched today (Feb 11). The document spotlights 21 companies, from Dumfriesshire to Orkney, working on offsho...

Shell sets new goals to achieve net zero emissions by 2050

Shell sets new goals to achieve net zero emissions by 2050   Royal Dutch Shell has revealed a new set of targets to achieve net zero emissions by 2050, with carbon intensity reductions to include third party oil and gas the company sells as products. The energy company, which has received criticism from institutional investors over the power behind its earlier climate ambitions, said a "comprehensive carbon management approach" it was undertaking would "deliver value...

Total's Green Rebranding Seen Supported by Credible Strategy, Investments

Total's Green Rebranding Seen Supported by Credible Strategy, Investments   Total SE's rebranding plan to underscore its shift toward cleaner energy is supported by a credible strategy and a string of deals that have recently put the French oil-and-gas major at the forefront of the industry's pivot away from fossil fuels, analysts say. The new name, TotalEnergies, aims to represent a broader energy company focused around four pillars--liquefied natural gas, renewables a...

EMEC and H2GO Power trial AI green hydrogen technology

EMEC and H2GO Power trial AI green hydrogen technology   H2GO Power, in collaboration with the European Marine Energy Centre (EMEC) and Imperial College London, are trialling the use of artificial intelligence (AI) software coupled with hydrogen technology. Funded by Innovate UK and the Sustainable Innovation Fund, the HyAI (Hydrogen Artificial Intelligence) project is a pilot demonstration of AI software-controlled hydrogen storage technology. HyAI will show how software integrat...

UK to see six new offshore windfarms in drive toward net zero

UK to see six new offshore windfarms in drive toward net zero   Britain’s first major auction of offshore wind farm leases in over a decade has seen Orsted, RWE, BP and Total awarded contracts, the Crown Estate said this morning. With six projects, the venture will represent nearly eight gigawatts (GW) and could provide enough power to fuel around 7m homes. Chief executive of The Crown Estate Dan Labbad said: “With a net zero goal, some of the best offshore wind reso...

BP, RWE win big in Round 4

BP, RWE win big in Round 4   Oil and gas companies have dominated the Crown Estate Round 4 leasing process with massive bids securing options for projects in the Irish and North Seas. BP is the preferred bidder for two 1.5GW sites in the Irish Sea with option fee bids of £154,000 per megawatt per year. The company has paid a deposit on both sites of £231m and said it expects to make four annual payments of £231m on each lease before projects reach a final investme...

Denmark Greenlights North Sea Energy Island Hub

Denmark Greenlights North Sea Energy Island Hub   Denmark has reached a landmark agreement on the construction of an energy hub in the North Sea. The energy hub will be an artificially constructed island 80 kilometers from the shore of the peninsula Jutland. Around 200 wind turbines with a combined capacity of 3 GW are expected to be installed in the first phase of the project. When fully developed, the North Sea energy island hub will reach a capacity of 10 GW. The hub will...

Global installed offshore wind capacity to see 37% growth in 2021, fueled by China

Global installed offshore wind capacity to see 37% growth in 2021, fueled by China   Despite the Covid-19 pandemic, the world’s installed offshore wind capacity rose by 15% in 2020, reaching 31.9 gigawatts (GW) at year-end, from 27.7 GW at the end of 2019, Rystad Energy estimates. China was the main contributor in 2020, accounting for 39% of last year’s additions, followed by the Netherlands (18%) and the UK (17%). Rystad Energy expects the global installed offshore win...
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