Monday, December 23, 2024

Energy Future News

Drill, baby, drill in Argentina's Vaca Muerta shale lands!

Argentina's new, market-friendly government, and concerns about oil supplies from the Middle East, and elsewhere, are driving a boom in drilling and production in the Patagonian South, which is home to the giant Vaca Muerta shale…

Octopus Energy invests 2 billion stg into UK clean energy

Octopus Energy, a UK-based power company, announced on Thursday that it will invest 2,7 billion pounds (2 billion dollars) in British clean energy initiatives by 2030. The plan was announced…

Making Waves @ OSU: Energy Secretary, Senators, Governor tour Oregon State Wave Lab

Senator Ron Wyden discusses the importance of renewable energy at a visit to the O.H. Hinsdale Wave Research Laboratory on the Oregon State campus (photo: Theresa Hogue)

U.S. Department of  Energy Secretary Jennifer Granholm, Oregon U.S. Sens. Ron Wyden and Jeff Merkley and Oregon Gov. Kate Brown visited the O.H. Hinsdale Wave Research Laboratory at Oregon State University on Tuesday afternoon…

Innogy Picks Most Powerful Wind Turbine for Its Largest Offshore Wind Project

SG 14-222 DD Turbine - Credit:SGRE

Offshore wind developer Innogy has chosen giant 14 megawatt (MW) offshore wind turbines for its flagship 1.4 gigawatt (GW) Sofia Offshore Wind Farm, located 195 kilometers from the UK coast…

USA: Twelve Offshore Wind R&D Projects Selected for Funding

Illustration only - Credit: s_a_j/AdobeStock

The U.S. National Offshore Wind Research and Development Consortium (NOWRDC) has selected twelve projects for contract negotiation, completing its first solicitation for offshore wind research and development technology projects.

U.S. Tops List of Most Attractive Countries for Renewables Investments. Overtakes China

Illustration only; Image by bphoto - AdobeStock

The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic…

Tidal Power Firm gets Funding from Scottish Gov't

For illustration - Image by Atlantis

Tidal energy developer MeyGen Ltd has been awarded a £1.545 million grant from the Scottish Government's Saltire Tidal Energy Challenge Fund.The proceeds will be used to develop a subsea…

Taiwan Gets 1st Carbon Neutral LNG Shipment

Taiwan accepted its first carbon neutral shipment of liquefied natural gas (LNG). State-owned CPC Corporation, a natural gas, and gasoline company in Taiwan announced receipt of LNG cargo…

Oil, Gas Players Optimistic on Profits

Companies  in the oil and gas sector are optimistic about their ability to achieve their financial targets for 2020, according to a survey from standards agency DNV GL.While the sector’s growth hangs in the balance for 2020…

COP 25: The Affordable Energy Transition

By Sverre Alvik, Energy transition program director, DNV GLIt is not too good to be true, it is the economic reality that lies ahead of us. The energy transition facing us in the coming decades is an affordable one.

NJ Governor Doubles Offshore Wind Goal

As New Jersey steps up efforts to eliminate fossil fuels over the next three decades, the state is more than doubling its target for offshore-wind energy production under an executive order signed by Gov.

ABB Tests Subsea Power Technology System

The completion of a final 3,000-hour test phase of the Swiss-Swedish technology multinational ABB’s subsea power infrastructure signals the culmination of a $100m partnership with world…

Mayflower Joins Connecticut Offshore Bids

Mayflower Wind has submitted bids to the Connecticut Department of Energy and Environmental Protection in response to Connecticut's Request for Proposals.Mayflower is a joint venture of…

Europe Invests in African Renewable Energy

The provider of testing and advisory services to the energy value chain including renewables and energy management, DNV GL has joined European signatories including ABB, EDP Renewables…

IEA to Push for Offshore Wind Energy

The International Energy Agency (IEA) held a high-level workshop on the outlook for offshore wind energy yesterday (May 13), bringing together 80 senior representatives from government…

Transition to a Hydrogen Future Has Begun

There is a growing international consensus that clean hydrogen will play a key role in the world’s transition to a sustainable energy future, said  Noé van Hulst, who chairs the High-Level…

Talakar Named CEO of Siemens Oil & Gas

Arja Talakar (Photo: Siemens)

Arja Talakar has been appointed CEO of Siemens Oil & Gas, effective April 1, 2019. He will be based in Houston.Talakar brings to this position extensive leadership experience. Prior to taking this new role…

GoM Lease Bids Hit $244mln

Oil and gas Lease Sale 252 generated $244.3 million in high bids for 227 tracts covering 1,261,133.85 acres in federal waters of the Gulf of Mexico (GoM). According to Bureau of Ocean Energy Management data…

World’s Largest Offshore Wind Farm Generates First Power

The first turbine of the 1,218-MW Hornsea 1 offshore wind farm in the North Sea, the world’s biggest such facility, has been installed and is now generating power.Matthew Wright, UK managing…

The Offshore Winds for Territories Act: Lifeline for U.S. Territories

 Randall Luthi  (Photo: NOIA )

NOIA President Randall Luthi issued the following statement after Puerto Rico Resident Commissioner Jenniffer González Colón re-introduced H.R. 1014, the Offshore Winds for Territories…