The Covid-19 pandemic has led to many unforeseen consequences, and right now we may be approaching one of the biggest: the possible neutering of the green energy movement. Prices of fossil fuels are rising sharply, and most of the world is responding by trying to get those prices back down …
Read More »Germany Eyes World-First Tender for Offshore Wind-to-Hydrogen Pilot in 2022
Germany’s economics and energy ministry has published an ordinance for the allocation of areas for the production of green hydrogen in Germany’s exclusive economic zone (EEZ) in the North Sea. The rule that entered into force today in practice creates the opportunity to test H2 output from offshore wind power. …
Read More »World’s Biggest Offshore Wind Farm Developer Moves into Japan
SSE Plc formed a joint venture in Japan to gain a foothold in one of the most promising markets for offshore wind. The Scottish utility, one of the companies behind the world’s largest offshore wind park, will pay $208 million to take an 80% stake in a joint venture with …
Read More »Kazakhstan Plans to Lure Azerbaijani Investors to Finance Renewable Energy Projects
Kazakhstan plans to attract investments from Azerbaijan to fund renewable energy projects, the country’s trade and integration ministry said. “Our countries have launched various projects in the field of oil and gas, subsoil use, and several other sectors,” Trend quoted the ministry as saying on Saturday. “However, there is no …
Read More »Europe’s Power Crisis is an Expensive Reminder that Renewable Energy has Its Limits
Europe’s power crisis was just a matter of time – and that time has come. Natural gas and electricity prices are setting record highs virtually every day, and businesses and households have gone from getting annoyed to being terrified as the bills land like hand grenades. The continent’s power system …
Read More »Chevron Expands Renewable Fuels Output with more Lower Carbon Business Spending
Chevron plans to spend $10 billion through 2028 to expand its lower carbon businesses, including increasing output of renewable diesel and sustainable aviation fuel first in markets with strong policy support for renewable fuels, CEO Mike Wirth said Sept. 14. Chevron will leverage its existing infrastructure, assets and markets to …
Read More »China to Set up Blockchain-Based Green Power Trading
China’s National Development and Reform Commission (NDRC) said this week the country will roll out a pilot scheme for green power trading between corporate consumers and renewable energy generators. The program is being carried out by the Beijing Power Exchange Center and the Guangzhou Power Exchange Center. Under the pilot …
Read More »Europe could Gain €140bn from Ocean Energy by 2050
ETIP Ocean has released results from the Gross Value Added (GVA) study stating that there is a significant benefit to be generated by supply chain activity servicing global (European and non-European) deployments of ocean energy to 2050. The GVA study, authored by the University of Edinburgh, presents results, analysis, and …
Read More »Amazon and Mitsubishi Corporation Sign Solar PPA in Japan
Amazon and Mitsubishi Corporation (MC) jointly announced they have signed a power purchase agreement (PPA) for a 22 MW solar project in Japan. Operated by MC’s retail subsidiary, MC Retail Energy, the unique solar project is aggregated, which means that it is made up of numerous ground-mounted solar installations currently …
Read More »Shell Plans to Boost Oman Renewable Energy Portfolio
Global energy major Royal Dutch Shell plans to add new clean energy projects in Oman and boost its renewables portfolio as the sultanate aims to generate 30 per cent of its electricity from green sources by 2030. The company launched the 25-megawatt Qabas solar plant in Sohar in January, which …
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