(epbr) The government of Ceará and Cactus Energia Verde signed a memorandum of understanding for the production of green hydrogen (H2V) at the Pecém Port Complex. These are investments estimated at 5 billion euros, to produce 10.5 thousand tons of H2V monthly, in addition to 5.25 thousand tons of green oxygen. The intention is to... Continue Reading →
Saipem flags cash need as pandemic setbacks trigger profit warning
(Reuters) - Italian energy services group Saipem is talking to investors about a possible funding package, the group said on Monday after warning it will take a heavy loss for 2021, triggering a halt in its shares to prevent a stinging sell-off. Saipem has struggled to regain traction after global lockdowns caused by COVID-19 throttled... Continue Reading →
BP Signs MOU for Natural Gas Hub in Porto do Pecem
(epbr) The government of Ceara signed a memorandum of understanding (MoU) with BP for the potential implementation of a natural gas hub in Porto do Pecem. According to the company's president in Brazil, Mario Lindenhayn, the hub may have an installed capacity of around 2.2 GW and generate around 5,000 jobs during construction. -- “It... Continue Reading →
Hydrogen could be a route to natural gas in the energy transition, points out EPE
(epbr) The entry of multiple hydrogen production routes, with the participation of fossils and renewables, can contribute to the expansion of the use of natural gas in the Brazilian energy transition strategy. The Energy Research Company (EPE) should publish technical notes in the coming days on the prospects for producing three colors of hydrogen in... Continue Reading →
Kites powered by offshore wind preparing for lift-off
Tech startup Hydro Wind Energy is in the process of developing scaled prototypes of high-altitude kites powered by offshore wind with the goal to ”disrupt global energy and desalination markets”. The technologies for power generation and energy storage, OceanHydro Wind, and water desalination, SubSea RO Wind, are powered by high-altitude, ocean-based kites and vertical axis wind rotors rather... Continue Reading →
World’s first offshore hydrogen storage concept unveiled
Tractebel and partner companies have developed what they describe as the world’s first offshore infrastructure and processing facilities concept for the storage of hydrogen in offshore caverns. The design study, unveiled by Tractebel Overdick GmbH, is said to outline an innovative solution for large-scale hydrogen storage on the high seas: a scalable offshore platform for... Continue Reading →
Porto Central signs MOU with Votu Winds and targets offshore wind and green hydrogen
Porto Central signed a Memorandum of Understanding with Votu Winds, a company that plans to install a complex of offshore wind farms in the southern coastal region of the State of Espírito Santo. The port terminal is a project being built in the south of Espírito Santo, on the border with the State of Rio... Continue Reading →
‘Producing green hydrogen for $1/kg is achievable in some countries by 2030’: WoodMac
(Recharge) A dramatic fall in electrolyser prices will help some nations produce green hydrogen from renewable energy for $1/kg by 2030, with sub-$2/kg achievable in many countries, according to a new report from analyst Wood Mackenzie. he study, Hydrogen costs 2021: getting ready to scale, finds that the cost of alkaline and PEM electrolysers are set... Continue Reading →
Thermoplastic Composite Pipes Could Transport Hydrogen from Offshore Wind Turbines
Offshore wind turbine maker Siemens Gamesa Renewable Energy has signed a collaboration agreement with Strohm, a company specializing in Thermoplastic Composite Pipe (TCP) construction. The duo said Tuesday it planned to develop hydrogen transfer solutions that improve the decentralized green hydrogen concept, where green hydrogen is generated in each wind turbine generator and transported to shore... Continue Reading →
Offshore wind, green hydrogen ‘nice-to-haves’ for oil & gas majors as hydrocarbon production moves towards its peak – Westwood
While oil and gas majors are increasingly entering new offshore wind and green hydrogen projects, it is but a small portion of the overall pie, to quote David Linden from Westwood Global Energy Group. As a reaction to the energy transition, the oil and gas majors are diversifying and now have more of an energy... Continue Reading →