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Neoenergia signed a memorandum of understanding (MoU) with the Government of Rio Grande do Sul for the development of green hydrogen and offshore wind generation. The company is developing studies for offshore wind generation on the coast of Rio Grande do Sul, the Águas Claras park. The agreement was signed in the municipality of Esteio.... Continue Reading →
(Valor) The great challenge to develop offshore wind power generation projects is to adjust risk and return, said the director of institutional relations and sustainability at Petrobras, Rafael Chaves, in a presentation to executives during the Offshore Northern Seas (ONS), Europe's largest energy event, in Stavanger, Norway. Chaves said that a multidisciplinary group within Petrobras... Continue Reading →
Norway’s government agency responsible for the regulation of petroleum resources believes that the country’s gas can enable Europe to achieve its energy transition goals. To make this happen, investments in unlocking new oil and gas resources and improving the recovery from existing ones are important to limit the production decline and maintain the country’s role... Continue Reading →
(Reuters) Wind turbines, floating solar panels, and green hydrogen at sea are among the projects under construction off the Dutch coast, as a country famed for its water engineering prowess builds out its renewable energy infrastructure. On a tour of North Sea facilities on Aug. 25, companies and Dutch utilities showed off key projects. At... Continue Reading →
(Reuters) - Broker Marsh, a unit of Marsh & McLennan (MMC.N), said on Monday it was launching the world's first dedicated insurance for hydrogen energy projects, as the nascent industry looks to scale up quickly in the fight against climate change. As the world targets net-zero emissions by mid-century in an effort to cap global warming,... Continue Reading →
Three projects, of 2,8 GW in total, will be offered seabed agreements for offshore wind projects following Crown Estate Scotland’s ScotWind clearing process. Clearing saw the ‘NE1’ area east of Shetland made available for ScotWind applicants who met the required standards but who did not secure their chosen location earlier in the leasing process. The... Continue Reading →
HydrogenOne Capital Growth has signed definitive agreements for an investment of EUR 10 million in Strohm, the Dutch manufacturer of hydrogen pipelines who already saw Shell Ventures, Chevron Technology Ventures, and Evonik Venture Capital joining in as investors. HydrogenOne, the first LSE-listed investment fund dedicated to clean hydrogen, invested the EUR 10 million in the... Continue Reading →
(OEM) The American Petroleum Institute (API), a trade association representing the oil and gas industry, believes ramping up domestic production and turning to U.S.-made energy is the answer to the global supply and demand imbalance hitting Americans at the pump and impacting the broader economy. The American Petroleum Institute claims that energy demand is outstripping supply... Continue Reading →
The Netherlands-based engineering company Iv-Offshore & Energy has developed a platform that uses offshore wind energy to produce 85 kilotonnes of hydrogen per year. With a capacity of 500 MW, the platform can produce enough green hydrogen in a single day to power more than 300,000 hydrogen cars to drive at least 100 kilometres, the... Continue Reading →
(EV) Macquarie Group is betting the North Sea – engine of the UK’s once-booming oil and gas industry – can be transformed into the green energy hub of Europe. The Australian bank, one of the top energy-infrastructure investors, has been acquiring offshore wind farms, pipelines and networks that will be in prime position to produce, carry... Continue Reading →
Brazil Energy Insight 