NJ Governor Doubles Offshore Wind Goal
As New Jersey steps up efforts to eliminate fossil fuels over the next three decades, the state is more than doubling its target for offshore-wind energy production under an executive order signed by Gov. Phil Murphy.The order would increase the goal to 7,500 megawatts by 2035, from 3,500 set for 2030.Murphy made the announcement with former Vice President Al Gore, a clean energy advocate, at a news conference in Jersey City at Liberty Science Center.The Executive Order will deliver the clean…
Bay State Wind Bids for Massachusetts Offshore
Bay State Wind, a 50/50 joint venture between Ørsted and Eversource, has submitted its proposal in response to Massachusetts’ second request for proposals (RFP) for offshore wind energy generation.Bay State Wind included proposals for a 400 MW and 800 MW project. According to the developer, the 800 MW project could generate enough renewable energy to power up to 500,000 Massachusetts homes.“Since day one our team has been focused on delivering cost-effective, renewable offshore wind energy to the Bay State,” said President of Ørsted North America and CEO of Ørsted U.S.
Offshore Wind Cable Market to Reach $3B
The global offshore wind cable market is estimated to grow at CAGR above 16% over the forecast time frame 2019 to 2026 and reach the market value around $3 billion by 2026.The demand for offshore wind cables has seen significant development due to the paradigm shift towards fresh renewable techniques with increasing consciousness of carbon emission limits, said a report by Acumen Research and Consulting."Offshore wind turbines are rapidly growing, with a higher capacity production more than onshore wind generation.
DNV GL Supports Asia's Largest Solar Floater
DNV GL, the international accredited registrar and classification society, said that it has been appointed by PUB, Singapore’s national water agency, as technical adviser for a 50MW floating photovoltaic (PV) project tender in Singapore.The first-of-its-kind 50 MW project, south-east Asia’s largest floating PV, could reduce Singapore’s carbon footprint by the equivalent removing 6,000 cars off local roads."Once completed, the floating solar project will be one of the largest…
KHI Wins AiP from DNV GL for LFPP
The international accredited registrar and classification society DNV GL has awarded the Japanese multinational corporation Kawasaki Heavy Industries (KHI) an Approval in Principle (AIP) for their LNG floating power plant (LFPP).The classification body said in a press release that the LFPP is a decentralized energy generation solution that enables locations to tap into natural gas as part of their power mix.The LFPP concept is designed for installation in areas where energy demand is rapidly increasing, but onshore infrastructure is not feasible or commercially viable.
SENER Names Álvaro Lorente as MD
Spanish engineering and technology group SENER has appointed Alvaro Lorente, former Operations Manager in the energy division as Managing Director.He graduated in Industrial Engineering from the Pontificia Comillas University (ICAI), majoring in Electrical Engineering, and joined SENER in 1991. Among other posts, he has been head of SENER's Mechanics Section, Operations Manager for Renewables, Power, Oil & Gas and International General Manager at SENER.He was also appointed General…
Simec Inks Technology Partnership with GE
Simec Atlantis Energy is set to team up with General Electric (GE) to develop the world's largest tidal stream turbine.According to a press release from Simec, its Atlantis Turbine and Engineering Services (ATES) division will enter into a Technology Partnership and Preferred Supplier Agreement (TPPSA) with GE’s Power Conversion business (GE).Under the terms of the partnership agreement, both parties will work together and share resources for the ongoing development of utility scale tidal energy generation and associated energy storage solutions.
Eni Pilots Wave Energy Converter
Italian multinational oil and gas company Eni has activated the Inertial Sea Wave Energy Converter (ISWEC), offshore Ravenna, capable of converting energy generated by waves into electricity, which will in the future enable Eni to convert mature offshore platforms into renewable energy generation hubs.The pilot plant was installed at the Ravenna offshore site by Eni’s Central Northern District and has been integrated into a hybrid smart grid system featuring photovoltaics and energy storage.It reached a peak power output of over 51 kW, or 103% of its nominal power.
Partners Group invests in Greenlink
Private markets investor Partners Group has provided equity financing for the 500-MW Greenlink interconnector, the subsea connection between Wales and Ireland in exchange for a stake in the scheme.To-date, Greenlink has been developed by Element Power, an independent renewable energy developer, which, together with funds managed by Hudson Sustainable Investments, is the other major shareholder in Greenlink.Greenlink will use a subsea high-voltage direct current (HVDC) cable system to connect the power markets of Ireland and Great Britain…
Fuel Cells: industry examines options in race to zero emissions
A maritime consortium, including ABS and Sandia National Laboratories, recently proved the viability of a hydrogen fuel cell ferry designed for operations in the environmentally sensitive San Francisco Bay area. The IMO’s mandate to cap the sulfur content in marine fuel at the start of next year may be the biggest regulatory change in shipping since the requirement for double hulls, but the challenge will fade in comparison to its future goals to reduce green-house gases (GHG).A year ago (April 2018)…
Obituary: Axel Kettmann, VP, CIMAC
CIMAC’s Vice President Axel Kettmann died on Monday at the age of 62 after a serious illness. The association has lost a companion who was extremely committed to the interests of the industry for many years, advancing many important topics.Axel Kettmann, Senior Vice President of ABB Turbo Systems in Baden for many years, always had a pragmatic view of what was feasible, without losing sight of the vision of innovative and clean energy generation. Emission reduction, international…
Small LNG Projects Crucial for Market: Drewry
Low prices, abundant supply and an aggressive shift towards cleaner gas for energy generation are creating strong demand for LNG, not just from large buyers, but also from small importers, said Drewry.In its market opinion report, Shefali Shokeen, Senior Research Analyst, Drewry Maritime Research said that small-scale LNG projects (production and regasification capacity of less than 500,000 tonnes per annum) have reduced capex and are suitable for countries with low LNG consumption.For example Gibraltar has set up a small LNG import terminal with a total storage capacity of 5…
Jurong Port Wins Green Port Certificate
Singapore-headquartered Jurong Port (JP) has been awarded the Green Port Certificate, a program under the Green Port Award System (GPAS) developed by the APEC Port Services Network (APSN)A press note from the international multipurpose port providing integrated solutions for the most complex of logistics operations said that the GPAS program is a green evaluation system for ports in the Asia-Pacific Economic Cooperation (APEC) region which assesses initiatives that improve environmental…
Engie to Invest in Green Gas in France
Isabelle Kocher, Engie CEO, announced that EUR 800 million would be mobilized in the next five years to develop green gases, a new French sector of excellence that will create value and jobs in France.François de Rugy, French Minister of State, Minister of the Ecological and Solidarity Transition was present during the announcement. This plan will support the objective of at least 10% green gas injected into the networks by 2030, as enshrined in the French Energy Transition Law…
Gaslog Mulls Buybacks, Extra Dividends as Rates Soar
Gaslog, a liquefied natural gas (LNG) carrier, said on Thursday it was considering extra dividends or a share buyback after reporting record profit due to soaring shipping rates, which are expected to remain elevated for the next year or two.The U.S.-listed company is the world's largest independent owner of LNG shipping vessels with long-term charters with Royal Dutch Shell, a major LNG trader, and Cheniere Energy , a new U.S. LNG producer and trader, amongst others.LNG shipping…
Ampyx Power, NLR to Join Wind Energy Solutions
The Dutch Topsector Energie-TKI Wind op Zee recently awarded a subsidy to Dutch wind energy technology developer Ampyx Power and the Netherlands Aerospace Centre (NLR).The two organizations are undertaking a joint project aimed at optimizing the design of an aircraft that will be used to generate wind energy at high altitudes. The grant marks a new phase in the development of a scalable Airborne Wind Energy System (AWES) capable of generating several megawatts of electricity.Thanks to its relatively small size…
Optimism in Multipurpose Shipping: Drewry
Surging growth in renewable energy generation around the world and a construction boom in South East Asia that is expected to run for the next 10 years bode well for the once ailing multipurpose shipping fleet.In the latest edition of Drewry’s Multipurpose Shipping Forecaster report we declare that we remain cautiously optimistic on the outlook for the sector. There are some caveats to this optimism as global general cargo demand is forecast to grow at a rate of just 2% per year to 2022…
MAN D&T Rebrands ‘MAN Energy Solutions’
MAN Energy Solutions represents a new vision, as reflected by a new, corporate design. The new branding embodies a strategic and technological transformation, a process the company had already begun back in 2017 by implementing its new strategy for the future: to expand its business with sustainable technologies and solutions such that they become its main source of revenue by 2030. This strategic realignment is supported by the expansion of MAN Energy Solutions’ product range to include hybrid…
Top Five Trends in Offshore Wind
As technologies mature and dramatic cost-cutting continues, the future is looking bright for offshore wind. Below are five trends to keep an eye on.Follow the LeaderOffshore wind’s established leader, Europe, will continue to show the way forward and build capacity. At the end of 2016, nearly 88 percent of the world’s offshore wind installations were located in European waters. In 2017, Europe saw a record 3,148 MW of net additional offshore wind capacity installed, with 560 new offshore wind turbines across 17 wind farms, according to WindEurope.
Wavepiston Puts Renolit Films to the Test
With its “Film Instead of Paint” concept RENOLIT is exploring new horizons in the maritime sector, as the company now plans to enter the renewable energy market with its films. The first step has been made with the use of the flock-film RENOLIT SEAL for an innovative enterprise in Denmark, where the company Wavepiston has developed at similarly-named wave-powered energy generation project. A steel cable is stretched between two anchored buoys. Energy collectors developed by Wavepiston are attached to this cable at intervals of five to six meters.
Virtue Investment Pumping up to $5 Mln into PBES
PBES and Virtue Investment Fund today announced the completion of terms and transfer of first tranche of funds for an investment into PBES’ parent company TTB Holdings. In a first investment phase Virtue Investment is initially investing up to $5M USD into the group and is committed to investing further during 2018. This investment will provide PBES energy storage both immediate and on going financial support to help develop global markets and position PBES for initial public offering in 2018. “Virtue Investment Fund is the ideal partner to help PBES grow to the next level and deliver existing business,” said Brent Perry, PBES Chief Executive Officer. “We are very happy to have found the right partner to help us grow.
Irish Wave Buoy to Be Deployed at US Navy Test Site
Despite some 7,000 miles separating Ireland and Hawaii, the two islands have a lot in common. The islands’ peoples have always looked to their respective oceans for resources, inspiration and opportunity. Today, Irish company Ocean Energy announced its wave energy convertor OE Buoy will be built by Oregon-based Vigor and deployed at the U.S. Navy’s Wave Energy Test Site on the windward coast of the Hawaiian Island of O’ahu in the fall of 2018. The contract value is $6.5 million out of a total project value of $12 million for this first of a kind grid scale project at the U.S.
Tech File: Propelling Hybrid Electric Solutions
Growing interest in hybrid-electric power systems is expanding the search for new propulsion and energy-storage systems in the workboat sector, where compliance with emerging environmental regulations and a relentless pursuit of operational efficiency are driving change. To meet demands for cleaner more efficient power, owners are examining the potential for less conventional methods of energy generation and storage – such as fuel cells, lithium-ion batteries, super-capacitors, flywheels, wind and solar – to propel their vessels.