Aker Solutions, Cognite Win $2M Grant for Floating Wind Farm Tech
California Energy Commission has awarded Aker Solutions and Cognite a $2 million grant for a project called NextWind Real-Time Condition Monitoring.The project is focused on next-generation solutions in wind through digitalization and aims to develop a holistic digital solution that will enable monitoring the condition of an offshore floating wind farm and its impact on the environment via live data streaming.Aker Solutions, partnering with Cognite, was selected for the grant award as part of the California Energy Commission's Electric Program Investment Charge (EPIC).
German Offshore Wind Capacity Reaches 7.5GW
A total of 1,469 offshore wind turbines with a capacity of 7,516MW feed electricity into the German offshore wind industry grid as of now. 160 turbines with a capacity of 1,111MW were connected to the grid in 2019.According to a joint press release from country's wind energy associations said: “Offshore wind energy has developed from Germany into an international success story. Electricity from offshore wind energy is cost-effective, reliable and constantly competitive."The industry has long been calling for an expansion to at least 20 GW by 2030 and an expansion path that goes beyond that.
Oilfield Services Firms Moving Beyond Oil
Heavyweight oilfield service providers like Saipem and Baker Hughes are moving past just oil and gas projects and embracing more renewable energy projects going forward.In 2014, non-upstream oil and gas activities accounted for 22% of revenues among service suppliers. This share grew to 27% in 2018.According to Rystad Energy, the trend to accelerate in the next decade.“If pure-play contractors within drilling, well services and seismic – which don’t have much to offer outside the upstream oil and gas industry – are removed from the equation, activities outside of upstream accounted for nearly 30% of last year’s revenues…
Eni-led Group to Build Wave Power Stations
Italian oil group Eni is joining forces with shipbuilder Fincantieri, power grid group Terna and state lender Cassa Depositi e Prestiti (CDP) to develop wave power stations.The agreement, which follows the understanding signed last 19 April, will launch the first phase of a joint project to convert the Inertial Sea Wave Energy Converter (ISWEC) pilot project, an innovative system that transforms energy generated by waves into electricity, into an industrial scale power station, making its application and use immediately available.The partnership agreement will focus on two phases: during the first phase, the companies will develop a business model and define a deployment plan for Italy.
DNV GL Route Map for Energy Transition
Gas and variable renewables must work together alongside greater uptake of carbon capture and storage (CCS) to secure a rapid energy transition, according to a new forecast of the energy transition by DNV GL.According to the report '2019 Energy Transition Outlook' published by the international accredited registrar and classification society, gas and variable renewables will be the only energy sources for which demand is higher in 2050 than today.There is no single pathway to a decarbonized energy mix. Oil and gas must be decarbonized for countries to meet climate change mitigation targets, it said.
Scotland Funds World's Most Powerful Tidal Turbine
The Scottish Government announced that it has awarded engineering company Orbital Marine Power GBP3.4mln (USD 4.1million) in funding for its floating tidal turbine, which is the world’s most powerful.The Scottish engineering company is the first recipient of the Scottish Government’s GBP10 million Saltire Tidal Energy Challenge Fund.The funding will be used to deliver the next generation O2 2MW Floating Tidal Energy Turbine, capable of powering more than 1,700 homes per year.Scotland’s Energy Minister Paul Wheelhouse said: “We have established a world lead in marine renewable technologies and this project represents a significant step forward in technological development.
Offshore Wind – A Brief History
Happy 80th birthday Maritime Reporter & Engineering News! Eighty years is a significant publishing and business accomplishment!Birthdays always cause a look back. An 80-year review starts in 1939, the close of one very challenging decade, the start of events still reverberating today. History’s most important history is contained in the last 80 years.Energy dominated every one of those decades. Consider energy use, say, starting after World War II, from 1950 to 1975. There was power for everything, from seemingly endless sources of oil, gas and coal, and nuclear power was standing by.Next, recall energy from 1975 to 2000. Not so happy.
Renewable Energy Brings 11 Million Jobs
According to the International Renewable Energy Agency (IRENA) eleven million people were employed in renewable energy worldwide in 2018. This compares with 10.3 million in 2017.As more and more countries manufacture, trade and install renewable energy technologies, the latest Renewable Energy and Jobs – Annual Review finds that renewables jobs grew to their highest level despite slower growth in key renewable energy markets including China.The diversification of the renewable energy supply chain is changing the sector’s geographic footprint. Until now…
Global Energy Investment Totals $1.8trln in 2018
Global energy investment totalled more than USD 1.8 trillion in 2018, a level similar to 2017, said the International Energy Agency (IEA).The investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables.IEA's latest annual review said that for the third year in a row, the power sector attracted more investment than the oil and gas industry.The biggest jump in overall energy investment was in the United States, where it was boosted by higher spending in upstream supply, particularly shale, but also electricity networks.
Forum Bags Mojave ROV Deal
Oilfield products company Forum Energy Technologies said it has sealed a contract to supply a Mojave remotely operated vehicle (ROV) for the Norwegian firm ESEA Marine.Sub-Atlantic Mojave will also be used by ESEA Submarine’s sister company, ESEA Marine AS, which has customers that include fish farms, port authorities and insurance companies, said the international oilfield products company, serving the subsea, drilling, completion and production sectors of the oil and natural gas industry.In addition, the Mojave will play a training role in helping ROV pilots to develop their skills.Georg Stranden…
Atkins Wins French Offshore Windfarm Contract
Atkins, a member of the SNC-Lavalin Group, has been appointed to deliver the Front End Engineering Design (FEED) and Detailed Design of wind turbine jacket substructures for St Brieuc Offshore Windfarm, located off the coast of Northern France.The design, engineering and project management consultancy said that the windfarm is being developed by Ailes Marines, a consortium of Iberdrola, Renewable Energy Systems (RES) and Caisse des dépôts.The scope of work includes the design of 62 jackets for the Siemens Gamesa 8MW turbines, utilising its extensive geotechnical expertise to mitigate challenging ground conditions.Once operational in 2023…
NYK to Demonstrate Tidal Energy in Singapore
Nippon Yusen Kabushiki Kaisha (NYK) and Japanese telecom giant MTI have reached an agreement to participate in a long-term demonstration of tidal energy being sponsored by MAKO Energy and Sentosa Development Corporation, which will provide the demonstration site.The demonstration will start next spring in a first-time attempt to commercialize tidal energy in Singapore.MAKO Energy is the Singapore-based subsidiary of Elemental Energy Technologies, a tidal turbine developer that has interest and expertise in the area of renewable energy solutions, particularly tidal power and its applications.
Big Oil Spent 1% on Green Energy in 2018
Top oil and gas companies jointly spent around 1 percent of their 2018 budgets on clean energy, but investments by Europe's giants vastly outpaced their U.S. and Asian rivals, a study showed.Companies such as Royal Dutch Shell, Total and BP have in recent years accelerated spending on wind and solar power as well as battery technologies, seeking a larger role in global efforts to slash carbon emissions to battle global warming.Investors in recent years ratcheted up pressure on boards of fossil fuel companies including Exxon Mobil, the world's largest publicly-traded oil company…
Tidal Developer Collaboration to Tackle Foundation Mooring
CorPower and Sustainable Marine Energy join forces for a wave and tidal developer collaboration to develop and demonstrate generic foundation mooring solution to reduce cost and improve O&M methods.The 35-month UMACK (Universal Mooring, Anchor & Connectivity Kit Demonstration) project will address ocean energy affordability, survivability, reliability and installation through the demonstration of a generic anchor-foundation-mooring-connectivity system which aims to reduce capital and installation costs by up to 50%.UMACK is being funded by Scottish Enterprise…
MaRINET2 Advances Renewable Energy Research
The MaRINET2 project has awarded €1.1 million in support to 32 offshore renewable technology developers to test at its network of world-leading research facilities. This support will accelerate the next generation of energy technologies toward the marketplace, and help maintain Europe’s global leadership in renewable energy research.€1.1 million of funding was awarded to 32 innovation technology developers from 17 countries, following a second competitive call for applications. The support will provide 583 days of cutting-edge testing and research at facilities around Europe.Dr.
Turkey Aims to Hold Tenders for at Least Five Mines in 2018
Turkey is looking to hold tenders for at least five coal mines this year including one with 136 million tonnes of reserves, the deputy undersecretary of the energy ministry, Zafer Benli, told Reuters on Tuesday. Speaking on the sidelines of an energy technologies summit, Benli said the first tender will be held in June for the Armutcuk coal mine in the northwestern province of Zonguldak, which has up to 20 million tonnes of coal reserves. "We will also open a mine with 136 million tonnes coal reserves for investment," Benli said. The tenders will be held through a license-transfer method.
EDF Wants to Take Part in Saudi Nuclear Plans - CEO
French state-controlled utility EDF wants to take part in Saudi Arabia's plans to build nuclear power reactors, its chief executive told Reuters on Monday. Saudi Arabia, which wants to reduce oil consumption at home, is considering building 17.6 gigawatts of nuclear-powered electricity generating capacity by 2032 and has sent a request for information to international suppliers to build two reactors. Sources familiar with the situation said last month EDF has already held talks with Saudi Arabia about selling Areva-designed European Pressurized Reactors (EPR) and that it wants to participate in a possible Saudi nuclear tender.
OPEC Should Heed Achnacarry Lessons: Kemp
OPEC members are struggling to protect their revenues in the face of renewed competition from U.S. shale producers and other suppliers outside the organisation. OPEC's revenues from petroleum exports have fallen to just $446 billion in 2016 from $1.2 trillion in 2012 ("Annual Statistical Bulletin", OPEC, 2017). But past experience strongly suggests OPEC's effort to stabilise oil inventories and prices while protecting its market share will fail. Since the beginning of the modern petroleum industry, periods of high prices and concern about supplies running out have alternated with episodes of low prices and oversupply.
Trump Signs Order Sweeping away Obama-era Climate Policies
U.S. President Donald Trump signed an executive order on Tuesday to undo a slew of Obama-era climate change regulations that his administration says is hobbling oil drillers and coal miners, a move environmental groups have vowed to take to court. The decree's main target is former President Barack Obama's Clean Power Plan that required states to slash carbon emissions from power plants - a critical element in helping the United States meet its commitments to a global climate change accord reached by nearly 200 countries in Paris in 2015. The so-called "Energy Independence" order also reverses a ban on coal leasing on federal lands…
U.S. Military Marches on Green Energy
President Donald Trump and his top advisors have often scoffed at government support of green energy. But the largest U.S. government agency - the Department of Defense - plans to forge ahead under the new administration with a decade-long effort to convert its fuel-hungry operations to renewable power, senior military officials told Reuters. The reasons have nothing to do with the white-hot debate over climate change. In combat zones, green energy saves lives by, for instance, reducing the need for easily attacked convoys to deliver diesel fuel to generators at U.S. bases. Mobile solar-power units allow soldiers to prowl silently through enemy territory.