Following the commitments of the government mission from Japan, a Memorandum of Understanding was signed between the state government and Shizen Energy, a Japanese company specializing in renewable energy. The document was signed by Governor Eduardo Leite and representatives of the company. The agreement provides for the performance of feasibility studies for the construction of... Continue Reading →
DNV and Seatrium Join Forces for Innovation in Marine and Offshore Industries
(OE) DNV has signed a memorandum of understanding (MoU) with Seatrium to cooperate on strategic activities and projects in the areas of engineering, technology and new product design, with key focus on floating offshore energy solutions. Under the MoU, DNV will provide Seatrium with expert advice on market and regulatory trends, emerging technologies, and best... Continue Reading →
Chile losing global green hydrogen head-start, companies say
(Reuters) - Industry insiders are worried Chile is falling behind the global green hydrogen race despite having a head-start due to its strong renewable energy matrix and geographic advantage to export to Asian markets. In a panel about energy transition in Santiago, companies betting billions on green hydrogen in the Andean nation said lengthy permitting... Continue Reading →
RWE Gets Clearance for 100MW Electrolyzer for OW-to-Hydrogen Production
(OE) RWE has secured the necessary construction and environmental permits to build a 100 MW electrolyzer that would enable green hydrogen production as part of system integration plans associated with the 795 MW OranjeWind offshore wind project in the Dutch North Sea. The 100 MW electrolyzer is planned to be built at Eemshaven, near the... Continue Reading →
Petrobras will build its first pilot plant for renewable hydrogen production
Petrobras will build its first pilot plant for renewable hydrogen generation at the Vale do Açu Thermoelectric Power Plant, in Alto do Rodrigues, Rio Grande do Norte. The project, with a total budget of R$ 90 million and carried out in cooperation with the Senai Institute for Innovation in Renewable Energies (Senai ISI-ER), will have... Continue Reading →
MME announces R$6 billion in investments for decarbonizing the industry through hydrogen hubs
(TN) The Minister of Mines and Energy, Alexandre Silveira, announced the availability of approximately R$6 billion in investments for decarbonizing the industry through hydrogen hubs around the world. The initiative is in partnership with the Climate Investment Funds (CIF). The international fund will provide low-cost financing to leverage projects in the sector. The announcement was... Continue Reading →
Exclusive: BP abandons goal to cut oil output, resets strategy
(Reuters) - BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence, three sources with knowledge of the matter said. When unveiled in 2020, BP's strategy was the sector's most ambitious with a pledge to cut output by 40%... Continue Reading →
Latin America gears up for clean hydrogen boom but the road is not smooth
(Reuters) - Latin America's wealth of hydroelectricity and other renewable energy resources could make the region a major producer of clean hydrogen as the world seeks alternatives to fossil fuels to fight the climate crisis, but some big hurdles lie in the way. Government leaders expect a major boon for the region from clean hydrogen,... Continue Reading →
EPE-New ten-year forecasts growth in gas demand and 17% increase in energy transmission network
(PN) The Energy Research Company (EPE), chaired by Thiago Prado, recently published new documents that are part of the Ten-Year Energy Plan (PDE 2034), highlighting encouraging forecasts for both the natural gas market and the energy transmission segment (the publications are available on the EPE website). In the specific document for natural gas, EPE predicts... Continue Reading →
Hydrogen project investments are accelerating but uncertainty remains, IEA says
(Reuters) - Final investment decisions for hydrogen projects have doubled over the last 12 months, dominated by China, but installed capacity and demand are low as the industry faces uncertainty, the International Energy Agency (IEA) said in a report on Wednesday. The investment decisions represent a five-fold increase of current low-emission hydrogen production by 2030,... Continue Reading →