(epbr) White Martins, a supplier of industrial and medical gases, signed a Memorandum of Understanding (MoU) with Porto do Açu to assess the feasibility of producing green hydrogen at the port complex in São João da Barra (RJ). Under the terms of the agreement, Porto do Açu will carry out a study to collect data... Continue Reading →
Brazil’s Vibra taps deal to move into palm oil-based aviation fuel
(Reuters) - Brazilian fuel distributor Vibra Energia SA (VBBR3.SA) has tapped an existing partnership with Brasil BioFuels (BBF) to move into producing and selling palm oil-based jet fuel as it looks to take another step in the energy transition. Vibra, formerly known as Petrobras Distribuidora SA, has agreed to sell aviation fuel to be produced at BBF's... Continue Reading →
Global renewable power prices soar on heavy demand, chaotic supply chain
(Reuters) - Prices for wind and solar power in major global markets have climbed nearly 30% in a year as developers have struggled with chaotic supply chains and surging costs for everything from shipping to parts to labor, according to a report published on Wednesday. Contract prices for renewables jumped 28.5% in North America and... Continue Reading →
Pairing offshore wind and oil & gas goes beyond decarbonization – report
(Offshore Energy)A study commissioned by Crown Estate Scotland has revealed that connecting offshore wind installations directly to oil and gas platforms could help decarbonisation, support economic activity, and encourage new companies to enter the offshore renewable energy sector. The report, carried out by independent consultancy company Natural Power on behalf of Crown Estate Scotland, follows... Continue Reading →
US Offshore Wind: Figuring Out the Business
(OE) If awards were given for dominating the sustainable energy spotlight, offshore wind (OSW) would surely be in line for top honors. Consider: Big money: BOEM’s February sale of New York Bight offshore wind development rights drew a record $4.37 billion in developers’ bids. Not only is that real money, but just as critically, “This... Continue Reading →
Wood Mackenzie – ‘Bare minimum’ of £485bn needed to establish global hydrogen market
A “bare minimum” of £458 billion of investment and policy support will be needed by 2050 to get the global hydrogen market up and running. That is according to the latest hydrogen strategic planning outlook report by Wood Mackenzie, a Verisk business. Flor Lucia De la Cruz, senior research analyst at the research company, said: “Substantial... Continue Reading →
Porto do Açu changes management to accelerate energy transition – offshore wind
(Valor) Prumo Logística wants to attract low-carbon businesses to Porto do Açu, in São João da Barra, in the north of the state of Rio de Janeiro. With the energy transition, the company will take advantage of its experience in supporting the exploration and production of oil and gas to support the development of offshore... Continue Reading →
DNV: Floating offshore wind to hit 264 GW by 2050. Barriers Need to be Removed
DNV, the independent energy expert and assurance provider has this week called the governments of countries where the floating wind is a viable option to remove existing barriers in their regulatory frameworks to allow for easier and faster deployment of floating wind projects. DNV expects that offshore wind’s contribution to the wider energy mix will... Continue Reading →
Equinor, Naturgy Partner Up for Floating Wind Projects in Spain
(OE) Norwegian energy company Equinor has partnered up with Naturgy, with the two firms entering a development agreement prior to Spain’s first upcoming offshore wind auction off the coast of the Canary Islands. The Spanish government plans to develop up to 3 GW of offshore wind by 2030. The first Spanish offshore wind auction is... Continue Reading →
Brazil offshore wind projects reach 106 GW
(epbr) Licensing for offshore wind projects in Brazil surpassed the 106 GW of power under licensing at Ibama this month, with the arrival of projects from TotalEnergies (9 GW) and Shell Brasil (17 GW). TotalEnergies' projects are the Sopros do Ceará, Sopros do RJ and Sopros do RS wind farms, each with 200 wind turbines... Continue Reading →