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Latest news - Renewables

Shetland Islands: A driving force in clean, renewable energy

Shetland Islands: A driving force in clean, renewable energy   With oil and gas activity in the North Sea now well past its peak, Shetland is actively looking to renewables to power the islands and make a substantial contribution to the Shetland Islands economy as jobs and revenues from oil and gas production taper off in the years ahead. Shetland has ambitious plans for the establis...

Breakthrough for Equinor in Polish offshore wind

Breakthrough for Equinor in Polish offshore wind   Today, Poland’s Energy Regulatory Office (ERO) announced Equinor and Polenergia’s Bałtyk II and Bałtyk III projects were awarded contracts for difference (CfD) under the first phase of Poland’s offshore wind development scheme. The projects, with a combined potential capacity of 1440 MW, are among the first to secure offshore wind awards in Poland. “The CfD awards to the Bałtyk II and Bałtyk III projects rep...

Scottish floating offshore wind farm eyes Chevron-backed platform

Scottish floating offshore wind farm eyes Chevron-backed platform   The 200MW Salamander floating offshore wind project proposed by a joint venture between Simply Blue Energy and Subsea 7 has signed a memorandum of understanding with Ocergy to assess the possible use of its foundation technology. Salamander is planned for 100m-deep waters off the north-east coast of Scotland. The developers aim to secure a lease in the ScotWind process and a contract for difference (CfD) in the UK&...

TOTAL Cray Valley and Gevo to Further Scale Up Development of Renewable Isoamylene from Fusel Oil

TOTAL Cray Valley and Gevo to Further Scale Up Development of Renewable Isoamylene from Fusel Oil   TOTAL Cray Valley and Gevo, Inc. announced today the successful completion of Phase 1 of their Joint Development Agreement (JDA) to upgrade fusel oils into renewable isoamylene. The companies are now seeking to advance to Phase 2 of the JDA, which will allow for scale-up of Gevo’s technology at a demonstration scale. Fusel oils, made during the production of ethanol, equate to...

An Industry First: Dutch Gas Platform to Run Entirely on Offshore Wind Power

An Industry First: Dutch Gas Platform to Run Entirely on Offshore Wind Power   Dutch oil & gas exploration and production operating company ONE-Dyas plans to power a platform at a North Sea gas extraction field solely by the electricity from the Riffgat offshore wind farm in the German part of the North Sea. ONE-Dyas, together with partners Hansa Hydrocarbons and EBN, aims to extract natural gas from the N05-A field as well as surrounding fields in the German and Dutch North Se...

Can waves power oil and gas platforms?

Can waves power oil and gas platforms?   A new partnership has been launched to investigate the potential of powering offshore oil and gas platforms with wave power. Oil and gas exploration and production company Lundin Energy Norway has partnered with the Swedish technology firm Ocean Harvesting Technologies for a study that will run until February next year and is expected to inform decisions on how to electrify offshore operations with wave energy. The plan is to use a wave e...

Germany must tighten climate law to protect young people's future, court rules

Germany must tighten climate law to protect young people's future, court rules   Germany must update its climate law by the end of next year to set out how it will bring carbon emissions down nearly to zero by 2050, its top court ruled on Thursday, siding with a young woman who argued rising sea levels would engulf her family farm. The court concluded that a law passed in 2019 had failed to make sufficient provision for cuts beyond 2030, casting a shadow over a signature achiev...

A paradigm shift in the making for renewable energy demand?

A paradigm shift in the making for renewable energy demand?   “Renewable energy demand has grown by an impressive 8% from 2019 to 2020, during a year where energy consumption and industry output has slumped across most of Europe,” says Tom Lindberg, Managing Director at ECOHZ – commenting on new statistics from the Association of Issuing Bodies (AIB). Lindberg suggests that a paradigm shift can be in the making, with reductions in the year-over-year surplus of renewa...

ExxonMobil investor says its climate strategy an 'existential' risk: report

ExxonMobil investor says its climate strategy an 'existential' risk: report   ExxonMobil's strategy in the face of climate change poses an "existential business risk" to the company, according to an activist hedge fund that is a shareholder in the oil giant, a report in the Financial Times said Sunday. The company, which has been criticized over the last year for both its financial performance and its approach to renewable energy investment, "has no credi...

Solar and wind could entirely displace fossil fuels by 2050 says Carbon Tracker

Solar and wind could entirely displace fossil fuels by 2050 says Carbon Tracker   In less than a decade, solar power will be economic in comparison to local fossil fuels globally, while wind will be economic in more than half of cases. This is according to a new report from thinktank Carbon Tracker, which found currently around 60% of solar generation and 15% of wind generation is economic when compared to local fossil fuel generation. As such, by 2050 the generation technologie...

Activists dump fake coal outside Lloyd's of London in fossil fuel protest

Activists dump fake coal outside Lloyd's of London in fossil fuel protest   Climate activists dumped fake coal outside Lloyd's of London's headquarters on Friday, targeting the global insurer in a protest against the industry's backing for major fossil fuel mining projects. Activists from the Extinction Rebellion group unfurled banners with slogans including "Climate Criminals" and dumped the blackened boulders in the road outside the building on Lime Stre...

Shell to trial use of hydrogen fuel cells for ships in Singapore

Shell to trial use of hydrogen fuel cells for ships in Singapore   Royal Dutch Shell said on Wednesday it was conducting a feasibility study with partners to trial the use of hydrogen fuel cells for ships in Singapore, the first such move for the oil major. If successful, the trial will pave the way for cleaner, hydrogen-powered shipping, the company said, adding that its analysis points to hydrogen with fuel cells as the zero-emissions technology having the greatest potential to h...

Fragomen: Time factor as offshore wind worker concession deadline approaches

Fragomen: Time factor as offshore wind worker concession deadline approaches   As it continues to grow its track record of contributions to Scotland’s renewables mission, the offshore wind sector is currently making all the right headlines. Amid the positive news, however, anyone with knowledge of sustainable business success will tell you it presents a potential problem in the form of ever-growing demand for another resource – suitably skilled workers. According to...

Could offshore operations become a ‘hydrogen hub’?

Could offshore operations become a ‘hydrogen hub’?   Many offshore oil and gas companies in the UK now seek to create hydrogen within their operations. Can this help the nation reach net-zero targets? In the 1970s, Aberdeen transformed from a fishing port to an outpost of Texan oil men tapping black gold from beneath the North Sea. Today, its streets are home to hydrogen buses. While it’s the city council that has invested in the buses, oil and gas companies are f...

Ocean Infinity and Gregg Drilling form joint venture

Ocean Infinity and Gregg Drilling form joint venture   Marine robotics company Ocean Infinity and geotechnical drilling experts Gregg Drilling, a subsidiary of Alaska Native Corp. Sealaska, have formed a joint venture (JV) to provide geotechnical services to offshore markets in traditional and renewable energy field developments and cables. The JV combines the expertise and assets of the two companies and will see Gregg Drilling mobilise its seabed drills onto the Armada fleet of u...

What ‘energy transition’? Global fossil fuel use is accelerating and set to get even worse

What ‘energy transition’? Global fossil fuel use is accelerating and set to get even worse   The world’s dependency on fossil fuels is likely to get even worse in the coming decades, exacerbating the risk of a climate catastrophe as world leaders and CEOs repeatedly tout their commitment to the so-called “energy transition.” Policymakers are under intensifying pressure to deliver on promises made as part of the Paris Agreement ahead of this year’...

Chevron Invests in Offshore Wind Energy for First Time

Chevron Invests in Offshore Wind Energy for First Time   Chevron Corp.’s venture capital arm and Moreld Ocean Wind agreed to invest in Ocergy Inc.’s development and commercialization of floating offshore wind turbines. The investment by Chevron Technology Ventures is its first in offshore wind. The size of the investments weren’t disclosed. Floating turbines would be useful in ocean areas that are too deep for fixed turbines. “To my knowledge, this is the...

Norway’s huge oil-backed wealth fund invests in an offshore wind farm

Norway’s huge oil-backed wealth fund invests in an offshore wind farm   Norway’s sovereign wealth fund has agreed to pay around 1.375 billion euros ($1.63 billion) for a 50% stake in one of the world’s biggest offshore wind farms, Orsted’s 752 megawatt (MW) Borssele 1 & 2 facility. Managed by Norges Bank Investment Management, the fund — whose wealth stems from Norway’s vast North Sea oil and gas reserves — is the world’s largest...

Investment is key in transition to green energy

Investment is key in transition to green energy   The North Sea Transition Deal details how the government will support the UK oil and gas industry in transitioning to green energy while preserving jobs. Existing skills, infrastructure and private investment potential will be channelled into new and emerging technologies, including hydrogen production, offshore wind and Carbon Capture Usage and Storage (CCUS), and incorporates new emissions reduction targets and commitments to supp...

The Future Is Green And Blue For Subsea

The Future Is Green And Blue For Subsea Subsea UK unveils new TV debate style event to highlight opportunities in the energy transition and the blue economy    The subsea industry’s potential to harness resources from our oceans to support the energy transition will be the focus of a new virtual event, with a live TV debate, organised by Subsea UK this summer.   ‘Subsea Live’ will explore how the subsea supply chain can capitalise on the opportunities...
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