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Greg Lennon, Contributor (OE) It will take a team effort that spans sectors and even industries to meet the United States’ goal of 30 GW of offshore wind by 2030, writes Greg Lennon, ABS Vice President, Global Offshore Wind. As the United States offshore wind (OSW) industry considers the Biden-Harris Administration’s 30 gigawatts (GW) by 2030... Continue Reading →
(OE) The U.S. Department of the Interior will reform its regulations for the development of wind energy facilities on the country's outer continental shelf to help meet crucial climate goals, it said in a statement on Thursday. The proposed rule changes would save developers a projected $1 billion over a 20-year period by streamlining burdensome... Continue Reading →
The Brazilian offshore drilling company Ocyan has engaged DNV as an independent third party in the qualification process of a system injecting hydrogen as an additive in the internal combustion engines of drilling rigs, in order to reduce diesel consumption and greenhouse gas (GHG) emissions from drilling. DNV’s technology qualification process will ensure that the... Continue Reading →
Philip Lewis, Contributor (OE) The drivers for global offshore wind growth look good for 2023. Global offshore wind is forecast to grow from over 60 GW at the end of 2022 to 240 GW by 2030 and over 410 GW by 2035. But the sunny outlook must be balanced with some building dark clouds. As we... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras has taken another important step towards a low-carbon future: it has signed an agreement with the Oil & Gas Methane Partnership 2.0 (OGMP), a global initiative coordinated by the UN dedicated to the quantification and management of methane emissions, focusing on climate change mitigation. Recognized as the industry's most relevant... Continue Reading →
(CN) The United States has long hovered on the cusp of an offshore wind energy boom, even as the industry has soared worldwide. After many fits and starts, only seven turbines are spinning off the U.S. coast, representing 0.1 percent of the total global capacity of offshore wind farms. Now that’s all starting to change. With companies hitting major... Continue Reading →
(Reuters) Mexican state oil company Petroleos Mexicanos (Pemex) said it has been falling behind in a global race to transition from fossil to renewable energy sources, and that stricter demands from environmentally conscious investors pose a threat. Investors have for years considered Pemex a laggard as rivals worldwide moved to dramatically decrease emissions from energy... Continue Reading →
RWE and Harbour Energy have established a partnership to investigate options to capture, transport and store CO2 from RWE’s gas-fired power stations via Viking CCS, Harbour Energy’s CO2 transport and storage network. The partnership is expected to lead to the transportation and storage of captured CO2 from RWE’s 1.7 GW Staythorpe Combined Cycle Gas Turbine (CCGT) power station... Continue Reading →
(Reuters) - The green hydrogen express is gathering pace, but it may have a worrying problem with leaks. As governments and energy companies line up big bets on the much-touted fuel of the future, some scientists say the lack of data on leaks and the potential harm they could cause is a blind spot for... Continue Reading →
A new study shows the massive port infrastructure that could come to the Central Coast to support proposed floating offshore wind energy developments. The $250,000, seven-month-long study, which was released Thursday, was prepared by engineering consulting firm Mott MacDonald, commissioned by economic development think tank REACH Central Coast and funded by San Luis Obispo County,... Continue Reading →
Brazil Energy Insight 