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(Reuters) - Bolivian state oil firm YPFB will spend around $400 million to drill gas wells and build facilities at a recently discovered natural gas "mega" field, the company said on Thursday. Production at the Mayaya field, estimated to hold 1.7 trillion cubic feet (TCF) of natural gas, should kick off in three to four years, YPFB... Continue Reading →
(OE) Community Offshore Wind, a joint venture between RWE and National Grid Ventures, has selected Fugro to perform a geotechnical investigation of their lease area in the New York Bight. With 3 GW of offshore wind energy potential, the developed lease area could power more than one million homes in the region, making a valuable... Continue Reading →
(OE) Danish offshore wind installation firm Cadeler has signed a preferred supplier agreement to secure vessel capacity with an undisclosed client, to transport and install offshore wind turbines. The installation campaign is due to commence in 2029 for an undisclosed client and project.t The effectiveness of the agreement is contingent upon the client’s success in... Continue Reading →
(OE) The government of Australia has granted 12 feasibility licenses for the Gippsland Offshore Wind Zone, with the potential installed generation capacity of 25 GW. The news follows Australia’s governments move to approve six projects for feasibility studies for the Gippsland area offshore Victoria back in May. According to Chris Bowen, Australia’s Minister for Climate... Continue Reading →
(TN) Bill (PL) No. 2,038/2023, which creates the legal framework for low-carbon hydrogen, was approved by the Chamber of Deputies. Now, the text goes to President Lula for sanction. The Bill provides for the National Low Carbon Emission Hydrogen Policy – coordinated by the Ministry of Mines and Energy (MME) – and establishes incentives to... Continue Reading →
( latingulf.ae ) Brazil’s Remarkable Achievement In a world where sustainable energy is gaining prominence, Brazil stands out as a shining example. According to the latest findings from the global energy think tank Ember, Brazil achieved an astounding 89% of its electricity generation from renewable sources in 20231. This impressive feat places Brazil at the forefront... Continue Reading →
NREL Researchers Identify Promising Locations off US Coastlines for Installation of Technology (CleanTechnica.com) Using electricity generated by offshore wind turbines as one pathway to split water to produce clean hydrogen may make economic sense, particularly along the U.S. Atlantic Coast and in the Gulf of Mexico, according to researchers at the National Renewable Energy Laboratory... Continue Reading →
(Reuters) - The Spanish government has moved to support Siemens Energy's wind turbine division, Siemens Gamesa, as part of a 1.2 billion euro ($1.31 billion) guarantee facility, Spanish export credit insurance agency Cesce said on Monday. The Spanish state's backstop will be up to 600 million euros, or 50% of the package to support wind projects,... Continue Reading →
(Splash) The California Energy Commission has approved a strategic plan to develop a massive floating offshore wind industry with the aim of achieving 25 GW of capacity by 2045. California’s electricity grid is served by nearly 35,000 MW of renewable resources today, but to meet the 2045 goal, the state will need an additional 148,000... Continue Reading →
(Reuters) - Atlantic Shores, a joint venture of Shell and France's EDF , on Wednesday submitted a proposal to be the initial provider of offshore wind energy to the state of New Jersey in the Fourth Offshore Wind Solicitation. The project proposed involves Atlantic Shores Projects 1 and 2, which can generate more than 2,800 megawatt of electricity,... Continue Reading →
Brazil Energy Insight 