Taiwan's TCC receives Italian approval to take energy storage company NHOA private
TCC Group Holdings, a Taiwanese company, announced on Friday that it has received approval from the Italian government to privatize energy storage firm NHOA. The Italian government has "golden powers" to block or impose conditions on foreign and local takeovers as well as changes in governance affecting companies operating in strategic sectors like energy, telecoms, and banking. The company stated that the project…
Solar, Wind Uptake to Reach 5.4 TWac from 2024 to 2033, Says Wood Mackenzie
Global solar deployment to add 3.8 TWac of new project capacity by 2033 compared to 1.6 TW of wind power, while 640% growth is forecast for energy storageFrom 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, increasing the cumulative global total to 8 TWac, as the world endeavours to electrify economies and meet decarbonisation targets, according to latest analysis by Wood Mackenzie.Energy storage capacity (excluding pumped hydro) will grow by more than 600%…
Eneco Buys Power from GE Haliade-X 12
Dutch energy company Eneco is set to purchase all the electricity generated by GE Renewable Energy's 12MW Haliade-X offshore wind turbine prototype.The announcement was made during a ceremony to inaugurate the prototype that was recently installed at the port of Maasvlakte-Rotterdam in the Netherlands.The prototype set a new world record this past weekend by being the first wind turbine ever to generate 262 MWh of clean energy in 24 hours…
New Offshore Wind Launch Academy in UK
Offshore Renewable Energy (ORE) Catapult, the UK's flagship technology innovation and research center for offshore wind, wave and tidal energy, has launched a new industry-backed national technology accelerator program.The program is designed to support innovative SMEs to commercialize new technologies that will enhance the UK’s offshore wind supply chain, enabling greater UK content, whilst supporting cost reduction.The…
GE Teams with Catapult to "Stay Ashore!"
GE Renewable Energy and the UK's Offshore Renewable Energy (ORE) Catapult have announced a $11 million four-year research partnership aimed at minimizing the time people have to spend offshore, which will enhance both safety and operating costs for offshore wind farms.According to a press release from GE Renewable Energy, the "Stay Ashore!" program is built on three pillars: Reliability by design, which is primarily focused on validation of key wind turbine components…
DNV GL Launches Operations & Analytics Centre in India
DNV GL, the world’s largest independent energy advisory and certification body, has launched a new Global Operations & Analytics Centre for renewable assets located in Bengaluru, India.The new centre will work in tandem with DNV GL’s existing UK Operations Control Centre in Glasgow, to offer seamless 24/7 monitoring services that aim to strengthen performance and operational efficiencies of renewable assets alongside detecting…
O&G Industry Urged to Support Digital Skills
A report into UK oil and gas workforce dynamics launched indicates that more than 40,000 new people will need to be recruited into the industry over the next 20 years, including 10,000 in posts that don’t exist today.The UKCS Workforce Dynamics Review, by global energy skills body OPITO in partnership with Robert Gordon University’s (RGU) Oil and Gas Institute, assesses the changing skills requirements for the industry over the next 20 years.
Offshore Achievement Award winners Announced
Winners of the 2018 Offshore Achievement Awards were announced last night {22 March} in a celebration of industry talent, innovation and enthusiasm. The Society of Petroleum Engineers (SPE) Aberdeen Section revealed the 11 winners to an audience of more than 450 people, with categories covering technology innovation, company performance and individual achievement across the UK offshore energy sector. Ray Riddoch,…
DNV GL Appoints Peter Brun as New Global Offshore Wind Segment Leader
DNV GL, the world’s largest independent energy advisory and certification body, has appointed wind energy professional Peter Brun as Global Offshore Wind Segment Leader. Brun is responsible for stakeholder management, alliance building and promoting offshore wind development throughout the world. Brun brings more than 26 years of experience in the wind energy industry and international diplomacy. His rich and varied expertise in the wind industry…
DNV GL Taps Oudman as Regional Manager
As the global energy transition in the oil and gas industry marks significant changes to come, regional adaptions will pose a broad variation of challenges and opportunities. DNV GL – Oil & Gas has appointed Ben Oudman as Regional Manager for Continental Europe, Eurasia, Middle East, India and Africa to further strengthen the company’s efforts to help the industry overcome barriers to progress. DNV GL’s 2017 Energy Transition Outlook report shows that while the energy transition is well underway…
Energy Leaders Gather for the IEA Ministerial Meeting
Ministers and top government officials from the International Energy Agency’s 29 member countries, seven Association countries – Brazil, China, India, Indonesia, Morocco, Singapore and Thailand – and other partners, as well as more than 30 CEOs from across the energy spectrum, met in Paris this week for the IEA’s 2017 Ministerial Meeting. Held under the chairmanship of Ibrahim Baylan, Sweden’s Minister for Policy Coordination and Energy…
Qatargas to Supply LNG to Shell
Qatargas and Shell have signed a memorandum of understanding (MOU) that will lead to the two companies jointly researching liquefied natural gas (LNG) logistics. Through this joint logistics research collaboration, Qatargas and Shell aim to develop new ways to optimize supply chains to deliver to LNG global markets. The research will be conducted at the Qatar Shell Research & Technology Centre at the Qatar Science & Technology Park.
Total: Oil & Gas CapEx Still Unacceptably High
Total E&P President says industry collaboration needed; says Total will be patient on new investments. Oil and gas companies must make further serious cost cuts and should work together to generate further savings to weather the current difficult downturn, Total's executive Arnaud Breuillac said on Tuesday. Costs are still unacceptably high and cost reduction was necessary to sustain businesses, Breuillac, President for Exploration & Production at the French oil and gas major…
ABB Wins DEWA's Solar Power Deal
ABB has won an order worth around $20 million from Dubai Electricity & Water Authority (DEWA) , to extend a substation that will integrate more solar energy into the grid, helping diversify Dubai’s energy mix to meet growing demand. DEWA is doubling the net output capacity of phase II of the Mohammed bin Rashid Al Maktoum solar park from 100 megawatts (MW) to 200 MW. ABB previously won a substation order in 2014 to integrate 100 MW from the park into the grid.
AMS Wins Energy Technology Competition Grant
Autonomous Marine Systems Inc. (AMS), a marine data collection, monitoring and transmission solutions provider, recently won first prize in the oil and gas track of the Longhorn Energy Club’s Energy Technology Competition, the company announced. The competition is held in conjunction with the University of Texas Energy Week conference hosted by the Energy Institute and student-run Longhorn Energy Club, and brings…
Statoil CEO: Oil & Gas Investments Needed Now
"The scale of the climate challenge requires us not only to ask how we can do more, but how we can achieve the most. Climate change doesn’t stop at borders – and neither should our solutions,” says Statoil CEO Eldar Sætre at the Statoil Autumn Conference. “We need a global approach that stimulates technology innovation,” Sætre continues. In the 2014 World Energy Outlook the International Energy Agency (IEA) presents “New Policies” as the main scenario.
ABB wins UAE Order for Solar Power Grid Integration
ABB, the leading power and automation technology group, has won an order worth around $55 million from Dubai Electricity & Water Authority (DEWA), the leading power utility in United Arab Emirates (UAE), to build a substation that will integrate power from the Mohammed bin Rashid Al Maktoum solar park. The order was awarded in the third quarter of 2014. The gas-insulated switchgear (GIS) substation will enhance transmission capacity, boost power supplies and strengthen the reliability of the grid.
Survey: O&G Research Spending to Increase
New research from Lloyd's Register Energy explores the drivers for technology and innovation in the global oil and gas industry. The Technology & Innovation Radar survey results are released today, May 5, 2014, from booth #2173 at the Offshore Technology Conference (OTC) in Houston by Lloyd’s Register Energy. It provides insight into the adoption and development of new technologies which are fundamental for the advancement of the Oil and Gas sector in addressing the global demand for energy…
Marine Renewables Commercialization Project Funded
The Scottish Energy Minister Fergus Ewing announced that the Scottish Government’s Marine Renewables Commercialization Fund (MRCF)Array Technology Innovation Program has made an award to a team of marine experts to undertake a research project on Turbulence in Marine Environments (TIME) for measuring and evaluating turbulent effects in tidal arrays in Scottish Waters. This MRCF project will be managed by the Carbon Trust. The team of U.K.
