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Copenhagen Infrastructure Partners (CIP) has proposed to construct an artificial island dedicated to large-scale production of green hydrogen from offshore wind – called "BrintØ" - in the Danish part of the North Sea. According to CIP, one of the world’s largest dedicated fund managers within greenfield renewable energy investments, the Hydrogen Island is expected to be able to... Continue Reading →
Falck Renewables and BlueFloat Energy have proposed to build a 975MW floating offshore wind farm off the northeastern coast of Sardinia, Italy. The wind farm's name would be Tibula Energia. Before starting the Ministerial authorization process, the developers said they were holding a number of meetings with local stakeholders to present the project proposal in... Continue Reading →
The Biden administration will propose a new five-year plan for offshore oil and gas development by June 30, the date when the current plan expires, Interior Secretary Deb Haaland said on Thursday. The announcement comes as the administration has faced pressure from Republican lawmakers to expand domestic drilling to address soaring fuel costs. President Joe... Continue Reading →
(Reuters) - U.S. refiners imported about 1.3 million barrels per day (bpd) of crude and fuel oil from Latin America in April, the highest in seven months according to U.S. Customs data, as buyers began replacing Russian supplies. The United States in March banned imports of Russian crude and refined products over its invasion of... Continue Reading →
(Reuters) - Shell (SHEL.L) and Brazil's Porto do Açu have agreed to jointly build a green hydrogen plant, executives told Reuters, a deal that could result in the debut of the up-and-coming technology in South America's largest nation. Under the terms of a memorandum of understanding signed on Thursday and first disclosed to the news agency, the... Continue Reading →
Strohm, a manufacturer of fully bonded, thermoplastic composite pipe (TCP), has signed a memorandum of understanding with renewable hydrogen supplier Lhyfe, which is based in Nantes, France. The companies plan to jointly develop systems for hydrogen transport, offshore and onshore, including what they claim will be the first floating wind turbine integrated with a hydrogen... Continue Reading →
(OM) Thistle Wind Partners, a partnership between DEME Concessions, Qair and Aspiravi, has successfully secured the rights to develop two offshore wind projects under the Scotwind leasing round after finalizing the option to lease agreements with Crown Estate Scotland, according to a recent DEME news release. Cluaran Deas Ear is a 1-GW fixed foundation project... Continue Reading →
The UK Government has awarded Vattenfall £9.3 million pounds ($11.5 million) in innovation funding to develop the world’s first hydrogen-producing offshore wind turbine, with the electrolyzer sited directly onto an existing operational turbine. The pilot project at Vattenfall’s Offshore Wind Farm in Aberdeen Bay will have an output of 8 MW. It will be able... Continue Reading →
(WO) Offshore wind continues to play a vital role in the global Energy Transition. It was another record breaking year in 2021 for the offshore wind industry, with record start-ups (84 farms, 18.5 GW, 3,400 turbines) increasing global active capacity 58% to an all- time high of 50.5 GW. This takes offshore wind to approximately 0.3%... Continue Reading →
(Reuters) A new set of factors beyond bidding price is gaining traction in global tenders to award licenses for offshore wind farms and will determine the winners and losers in a highly competitive industry, a new report by energy research firm Wood Mackenzie shows. "The focus is now shifting to multiple criteria to determine tender... Continue Reading →
Brazil Energy Insight 