Energy System News

06 Nov 2019

Japan Marks 50 years of LNG Imports

File Image: AdobeStock / © Fotmart

Japanese gas buyers on Wednesday marked the 50th anniversary since the first cargo of liquefied natural gas (LNG) arrived in Japan, now the world's biggest importer of the fuel.The arrival of the cargo on Nov. 4, 1969 helped transform Japan's energy system, which had relied on oil, coal and gas from coal in an era of high growth, before nuclear power was developed.But Japan's energy situation is undergoing huge changes in the wake of the Fukushima nuclear disaster in 2011, which…

29 Oct 2019

UK to Promote Hybrid Ferries

Pic: UK Chamber of Shipping

UK Chamber of Shipping has called for more hybrid ferries as part of tackling climate change.UK Chamber of Shipping Chief executive Bob Sanguinetti visited Wightlink in Portsmouth where he was shown their state-of-the-art hybrid ferry.Victoria of Wight, which takes passengers all year round to the Isle of Wight, entered service in August 2018 and was the first hybrid ferry in England. The ship uses a hybrid energy system, which works much like a hybrid energy car, allowing her to run partly on electricity when required.

29 Oct 2019

Eni-led Group to Build Wave Power Stations

Photo by Fincantieri

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…

28 Oct 2019

Minesto Boosts Taiwanese Presence

Photo:  Minesto

Swedish marine energy developer Minesto AB has renewed the collaboration agreement with National Taiwan Ocean University (NTOU) to explore the potential for Minesto’s Deep Green technology in Taiwan.The renewed collaboration agreement with NTOU's Center for Ocean Energy System (COES) was signed at a ceremony in Taipei by Minesto’s CEO Dr Martin Edlund and Professor Chen-Chou Lin, Director of COES.The collaboration between Minesto and COES builds on a phase-staged approach to go…

25 Oct 2019

Reaping Wind at Sea: A $1 Trillion Industry

File Image (Credit Sparrow Group)

Offshore wind could become a cornerstone of the world's power supply as steep cost reductions and improved technology unleash the potential of the green energy source, said the International Energy Agency (IEA) on Friday.Renewables replacing fossil fuel is crucial to meet a globally-agreed goal of limiting temperature rise to below 2 degrees Celsius this century and the expansion of offshore wind could avoid 5-7 billion tonnes of CO2 emissions from the power sector globally, said the IEA.Power generated from wind turbines at sea only accounts for 0.3% of global electricity generation today…

24 Oct 2019

Study: Achieving Net Zero Impacts OPEX not CAPEX

Photo: Maersk

A joint Lloyd’s Register (LR) and A.P. Moller – Maersk study assessing the transition to zero carbon fuels has found that the cost of transport will rise – not because ships themselves will require greater levels of investment but because new fuels are projected to be significantly more expensive than existing fossil solutions which will lead to increased operating costs.According to the study partners, achieving net zero is therefore an operating expense (OPEX) not a capital expenditure (CAPEX) challenge.

16 Oct 2019

Offshore Wind Cable Market to Grow 57% by 2023

Image: RenewableUK

The value of the global market for subsea power cables needed to build offshore wind farms will grow by 57% from GBP 717 million this year to over GBP 1.13 billion by 2023, according to a new report by RenewableUK.The study – 'Offshore Wind Cables Installation and Manufacturing Forecast 2019-2029' – also shows that subsea wires covering over 16,300km in length will be needed over the next five years to build new projects worldwide.According to RenewableUK’s Project Intelligence team which compiled the report…

14 Oct 2019

AIDA Cruises to Pilot Trial of Fuel Cell System

Photo: AIDA Cruises

Carnival Corporation announced its Germany-based brand, AIDA Cruises, has partnered with leaders from the maritime and engineering sectors to pilot the world’s first fuel cell system designed to power large passenger vessels. As early as 2021, AIDA Cruises will trial this innovative fuel technology on AIDAnova, becoming the cruise industry’s first brand to trial fuel cells on a large cruise ship.The research project, named “Pa-X-ell2,” is designed to develop fuel cells that are powered by hydrogen derived from methanol…

01 Oct 2019

California Launches Offshore Wind Coalition

Image: Offshore Wind California

A group of offshore wind industry members that includes Equinor, Magellan Wind and Principle Power have launched an offshore wind group in California.The Offshore Wind California (OWC) said it is  committed to providing industry expertise, innovative solutions, and a dedicated voice for offshore wind in California.OWC is poised to lead the promotion of responsible and sustainable deployment of offshore wind power in the state's energy system.California is well-positioned to break out as the next investment hot spot for America's booming offshore wind industry…

30 Sep 2019

Blueday System for new Trawler

The renovated NordnesGruppen trawler Nordbas will feature an integrated power system that will allow the ship to go diesel free for hours and run on renewable electricity.The new hybrid power system is being designed by Blueday Technology. Blueday’s team have worked with NordnesGruppen to design a bespoke, hybrid energy system for Nordbas, which will be refitted at Kleven shipyard in Norway.When deciding to rebuild Nordnes, NordnesGruppen decided to focus on reducing the environmental footprint of the renovated trawler and asked several companies to put forward proposals.Blueday’s design covers the ship’s automation and power system and uses the power generated by the Danish seine system’s winches to regenerate the onboard energy storage system…

24 Sep 2019

Rotterdam Port to Achieve Dutch CO2 Target

Pic: Rotterdam Port Authority

Industry in Rotterdam is working on a series of projects with which a total of 20 to 25% of the Dutch CO2 reduction target for 2030 can be achieved. Virtually all of the projects require the government to play an active role."It’s precisely because so many transition projects are taking place in a small part of the Netherlands that custom solutions are needed for this area. The energy transition is a complex issue and many of the projects are interconnected. This calls for an integrated approach from the cluster and close cooperation between government, businesses and the Port Authority.

23 Sep 2019

Business Ambition for 1.5°C: Our Only Future, Says DNV GL

Lise Kingo, CEO and Executive Director of the UN Global Compact. Photo: DNV GL

A global movement of companies taking ambitious climate action aligned with limiting global temperature rise to 1.5°C is emerging, states a new report released by the United Nations Global Compact, DNV GL, and Sustainia on the sidelines of the UN Climate Action Summit.87 companies, with a total market capitalization of over US$ 2.3 trillion and annual direct emissions equivalent to 73 coal-fired power plants, have joined the “Business Ambition for 1.5°C — Our Only Future” campaign.

12 Sep 2019

Fuel Flexibility is Key for Green Shipping

Pic: DNV GL

Fuel flexibility and technologies to bridge changing fuel usage have been identified in the Maritime Forecast to 2050 as essential strategies for both individual owners and the shipping industry to adapt to the energy transition and prepare for a low carbon future.DNV GL – Maritime has released the third edition of its Maritime Forecast to 2050 at London International Shipping Week 2019 (LISW).The Maritime Forecast examines the future of the shipping industry in a rapidly changing global energy landscape.

23 Aug 2019

Scandinavia's Largest Offshore Wind Farm Opens

From left to right: CEO of Vattenfall Magnus Hall, Chairman of Vattenfall Lars G. Nordström, HRH Crown Prince of Denmark, Danish Prime Minister Mette Frederiksen, Minister of Climate, Energy and Utilities Dan Jørgensen and pupils from Hvide Sande School. Photo: JESPER VOLDGAARD

European energy giant Vattenfall opened Scandinavia’s largest offshore wind farm, Horns Rev 3.The 49 wind turbines on the Horns Rev 3 also represent Vattenfall’s and Denmark’s largest offshore wind farm, which is located 25-40 kilometers off Denmark’s west coast in the North Sea.Yesterday (22 August 2019), Crown Prince of Denmark accompanied by Danish Prime Minister Mette Frederiksen and the Minister of Climate, Energy and Utilities Dan Jørgensen officially opened Denmark’s, Scandinavia’s…

05 Jun 2019

Kongsberg Wins LNG, Battery Propulsion Contract

Photo: Kongsberg

Kongsberg Maritime will supply a Power & Propulsion System for a new LNG powered multi-purpose cargo vessel of design MM85CC LNG by Multi Maritime.The clean and efficient Kongsberg Maritime propulsion system features a Bergen B36:45L6PG gas engine and LNG control and safety system, a Promas controllable pitch propeller and rudder system, together with a battery pack to enable periods of emission free operation in ports and environmentally sensitive areas.The 3,500dwt vessel is currently under construction at Tersan Shipyard, Turkey, for Norwegian ship owner Egil Ulvan Rederi AS.

03 Sep 2019

Scotland Funds World's Most Powerful Tidal Turbine

Image: Orbital Marine Power

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…

27 May 2019

AIE Buys Gas from Port Kembla LNG

Image: Australian Industrial Energy

Australian Industrial Energy (AIE) said it has reached a preliminary agreement with EnergyAustralia to provide 15PJs of natural gas per annum, from its Port Kembla gas terminal (PKGT).PKGT is one of five proposed LNG import terminals that could help meet a looming gas shortage in southeastern Australia, even as the country is set to become the world’s top LNG exporter.Commencing 1 January 2021, the five-year contract will supply gas for EnergyAustralia’s residential and industrial…

18 Aug 2019

Gazprom Oil Touch 100mln Barrels at Badra

Badra field. Wasit Province, Eastern Iraq. Pic: Gazprom Neft

Russian oil producer Gazprom Neft said that its subsidiary Gazpromneft-Badra has now produced 13.5 million tonnes — or 100 million barrels — of oil in Iraqi oil field.Cumulative production at the Badra field in the five years since this asset went into commercial operation has reached 100 million barrels — the first shipment of liquid hydrocarbons having taken place in 2014. Oil production at the field stands at more than 1.8 million tonnes (13.5 million barrels) since the start of 2019.Twenty-two operating wells…

30 May 2019

ExxonMobil Invests in Cutting Emissions

Darren Woods. Photo: ExxonMobil

ExxonMobil has signed an agreement with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and National Energy Technology Laboratory (NETL) as part of its efforts to advance lower-emissions technologiesExxonMobil will fund operations of the two institutions to the tune of $100 million over the next 10 years, looking to bring biofuels and carbon capture and storage to commercial scale across the transportation.“The agreement adds to our work with more than 80 universities around the world and with five energy centers – at MIT…

14 Jun 2019

Vattenfall Launches Maiden Green Bond

Image: Vattenfall

Swedish energy company Vattenfall has issued a EUR500mln green bond, its first such issuance, with the proceeds earmarked for a number of projects, including renewables.The bond with a tenor of seven years is offering investors the chance to “support the transformation of the energy system”.The proceeds from the bond issue are earmarked for projects defined in Vattenfall's green bond framework, with four categories: renewable energy and related infrastructure, energy efficiency…

26 Aug 2019

Kalmar Bags Lineas Intermodal Order

Pic: Kalmar

The provider of cargo handling solutions Kalmar has been awarded a contract to supply leading European rail operator Lineas Intermodal with two Kalmar Hybrid Straddle Carriers, said its parent company Cargotec.The order was booked in Cargotec's 2019 Q3 order intake with delivery scheduled to be completed in Q1 2020.Being the largest private rail freight operator in Europe, Lineas operates the intermodal rail connected terminal ‘Main Hub’ in Antwerp-North.The company’s Green Xpress network concept offers customers a door-to-door solution with daily…

14 May 2019

Global Energy Investment Totals $1.8trln in 2018

Pic: International Energy Agency

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…

19 Jul 2019

Canada's FortisBC to Export LNG to China

Pic: FortisBC Energy Inc

FortisBC Energy Inc will export Canadian LNG produced by its small-scale LNG terminal in British Columbia to China starting in 2021.The Canadian natural gas utility, which has operated its Tilbury LNG plant since 1971, said in a press release that it has signed a two-year contract to ship 53,000 tonnes per year of super-cooled gas by the summer of 2021 to Chinese LNG distributor Top Speed Energy Corp.According to the agreement about 60 ISO containers (standard-sized shipping containers)…

Maritime Reporter Magazine Cover Nov 2019 - Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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