Brazil's hydropower is at risk due to the drying of river basins
Data collected by London Stock Exchange Group show that soil moisture in Brazil's major river basins for hydropower production has dropped to a level not seen since the early 1990s. This means that a severe drought could continue even when rains come back. The tropical rains that feed Brazil's vast river network allow hydropower plants generate two-thirds of Brazil’s electricity.
Energy @ Sea: Powering Up in the Blue Desert
Last year marked the beginning of the United Nations Decade of Ocean Science for Sustainable Development, lasting from 2021 until 2030. With 10 years comes 10 challenges—goals for regional, national and global participants to work towards for positive, collective impact on our oceans. Included in the 10 are ocean-based solutions for climate change…
Leviathan Gas Exports Expected by Month's End
Israel's largest offshore natural gas field, Leviathan, will begin supplying the local market by the end of this month, with exports to Egypt and Jordan following shortly after, an official from the field's operator said on Monday."Within 2-3 weeks we will open the wells and start to supply the gas," said Binyamin Zomer, vice president for regional affairs at Texas-based Noble Energy, reaffir
Castle Wind signs MoU for 1GW California OWP
Monterey Bay Community Power (MBCP) and Floating wind power developer Castle Wind, a joint venture between Trident Winds and EnBW North America, have signed a memorandum of understanding (MOU) to enter into a future, long-term power-purchase agreement for approximately 1 gigawatt of renewable energy.The MoU is said…
VA Offshore Wind: A Strong Foundation
Virginia officials have established a well-planned, extensive strategy to build out an offshore wind industry, including wind towers for electricity generation and the supply chain to support that extensive infrastructure and operations. The State’s big picture is ambitious: developing 2,000 MW of offshore wind by 2028.As currently envisioned…
Cyprus to Pursue Gas Exploration Amid Standoff with Turkey
Cyprus said on Wednesday it would press ahead with oil and gas exploration, signalling resolve in a standoff with Turkey over access to potential energy riches after Ankara extended military exercises in the eastern Mediterranean to early March. Cyprus has accused Turkey of obstructing a drill ship exploring for natural gas off the ethnically-split island on Feb.
DNV GL Alliance for Offshore Wind Energy Development in Vietnam
Singapore-based Enterprize Energy and partner Renewable Energy Global Solutions (REGS), together with PetroVietnam consortium comprising Petroleum Equipment Assembly & Metal Structure (PVC-MS) and VietSovPetro (VSP), MHI-Vestas Offshore Wind (MVOW), and DNV GL signed a series of exclusive Agreements forming an alliance for multi-phased…
DNV GL’s New WindFarmer
DNV GL, the world’s largest resource of independent energy experts and certification body, has launched WindFarmer: Analyst, its new software tool designed for optimised wind resource assessments. The software provides an intuitive step-by-step approach to calculating the potential energy yield of a wind farm project, delivering increased calculation transparency and accuracy.
CNPC, Guangdong Ink Deal on S. China Sea Methane Hydrate
China's Ministry of Land and Resources, state energy giant China National Petroleum Corp (CNPC) and Guangdong province have agreed to build a pilot methane hydrate project in the South China Sea, CNPC said its website on Monday. The trial prospecting of the deep-sea gas resource, also known as "flammable ice", will be in the Shenhu area of the South China Sea…
Trump Says Would Approve Keystone XL Pipeline if Elected
Republican presidential contender Donald Trump said on Thursday that he would approve TransCanada's Keystone XL pipeline proposal if elected, reversing a decision by the administration of President Barack Obama to block it over environmental concerns. "I would absolutely approve it, 100 percent, but I would want a better deal…
Renewable Energy: Wind, Sun Could Dominate by 2030
NOAA, CIRES study: Wind, sun could eclipse fossil fuels for electric power by 2030. The United States could slash greenhouse gas emissions from power production by up to 78 percent below 1990 levels within 15 years while meeting increased demand, according to a new study by NOAA and University of Colorado Boulder researchers.
Israeli Regulator Delays Monopoly Decision on Natural Gas Fields
Israel's competition regulator has delayed a decision on whether to declare the country's natural gas fields a monopoly for two months to allow time for an agreed solution to be reached. Noble Energy and Israel's Delek Group own 85 percent of the large Leviathan gas site off the Mediterranean coast, and also control…
Israeli Gas Row Could Require Arbitration
U.S.-Israeli group controls Tamar and Leviathan fields; antitrust authority says the group may be a monopoly. The group that controls two large gas fields off Israel's shores could seek international arbitration to defend its assets, it said on Wednesday, a day after an Israeli regulator raised the prospect of it being stripped of some of its holdings.
Video: Untapped Potential in the Gulf of Mexico
The National Ocean Industries Association (NOIA) has released a new web video illustrating the potential energy and economic benefits to the United States if the Eastern Gulf of Mexico were opened to offshore oil and natural gas development. The video follows the release last week by NOIA and the American Petroleum…
DNV GL Led Consortium Wins Gas Vector Pathway Project
Between now and 2050, the energy systems of the UK and Europe are likely to be transformed with a more focussed drive towards a low carbon future. Although the potential energy landscape is often seen as one of increased electrification, at present, the UK gas networks carry over four times as much energy as electricity networks.
Cutting Off Europe's Gas Would Hit Russia's Gazprom Hard
The unspoken threat to leave Europeans shivering in the cold next winter may be Moscow's trump card in its confrontation with the West over Ukraine. But for both technical and financial reasons, the world's biggest gas exporter would be badly hurt by any decision to cut off its main customers in Europe. Twice in the past decade…
Policy Uncertainty Threatens to Slow Renewable Energy Momentum
IEA forecast sees renewable power as a cost-competitive option in an increasing number of cases, but facing growing risks to deployment over the medium term. The expansion of renewable energy will slow over the next five years unless policy uncertainty is diminished, the International Energy Agency (IEA) said today in its third annual Medium-Term Renewable Energy Market Report.
Rolls-Royce Hopes to Conclude Siemens Deal
Britain's Rolls-Royce is hopeful of concluding an estimated 1 billion euro ($1.4 billion) disposal, talks on which it announced earlier this week as it looks to exit an energy-related business it sees as too small to effectively compete globally. Rolls, the world's second-largest maker of aircraft engines behind General Electric…
