The European Commission is proposing to ban the sale of tankers for crude oil and petroleum products to Russia to prevent Moscow bypassing western sanctions on Russian oil with a shadow fleet of ships, a proposal by the Commission showed. The proposal, discussed on Friday by ambassadors of EU governments
Only one of three available areas was sold during the United States' first ever offshore wind lease sale in the Gulf of Mexico on Tuesday.The auction, held by the Interior Department's Bureau of Ocean Energy Management (BOEM) offered up three sites for offshore wind development, including one in Louisiana (Lake Charles) and two in Texas (Galveston I and II).
Spearheaded by the Water Emergency Transportation Authority (WETA), Bay Ferry 2050 is a visionary initiative aimed at transforming the San Francisco Bay Ferry service into an eco-friendly and forward-thinking transportation system. With a focus on fleet electrification, community engagement and the exploration of alternative propulsion technologies
Denmark's Maersk said on Monday it has secured fuel for the world's first container vessel able to run on carbon-neutral methanol for its inaugural journey.Interest in methanol as an alternative fuel for bunkering has grown in the shipping industry, which seeks to achieve net-zero emissions by 2050.
Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of this year, the World Trade Organization said on Wednesday.However, the WTO said any slowdown may be short-lived given that container throughput at Chinese ports and new export orders have already started to pick up, the former following a sharp easing of COVID-19 restrictions in China.
European Union countries agreed to set price caps on Russian refined oil products to limit Moscow's funds for its invasion of Ukraine, the Swedish presidency of the EU said on Friday.EU diplomats said the price caps are $100 per barrel on products that trade at a premium to crude, principally diesel, and $45 per barrel for products that trade at a discount, such as fuel oil and naphtha.
Over the last few weeks, we have seen three announcements by Chinese OEMs of 18-megawatt (MW) turbines. CSSC Haizhuang announced the H260-18MW turbine with a 260-meter rotor diameter. Mingyang Smart Energy has announced its new MySE 18X-28X turbine, which has a rotor diameter of over 280 meters.
Floating wind is an emerging technology. Currently being tested in small scale demonstration and pilot projects, global floating wind commissioned capacity at the end of 2022 was less than 200 megawatts (MW). By 2030, close to 11 gigawatts (GW) of commercial scale wind farms are planned to be commissioned in Europe and the Asia Pacific Region.
January brings with it the expectation that the United States' first commercial wind farm in federal waters will start generating power by year end, the promise that permitting for close to 5 gigawatts (GW) of projects will be finalized within the year and that federal agencies will auction leases containing more than 15 GW in the Gulf of Mexico
Poland and the three Baltic countries, Estonia, Latvia and Lithuania, present a significant opportunity to expand offshore wind generation beyond the Baltic waters of Denmark, Germany and Sweden. Driven by the need to decarbonize energy supply and increase energy security, Poland and the Baltics can be seen as both a single opportunity for the supply chain to support the deployment of at least
As the dust settles from Wednesday's California floating wind auction, and developers begin to discuss their plans, energy industry intelligence firm Intelatus says development of the floating wind manufacturing and installation supply chain must speed up.Developers are beginning to release details of their bids for yesterday’s California floating wind auction.
Five developers selected to build the first floating wind farms in U.S. federal watersTo support the California Energy Commission’s planning goals of 2-5 GW of offshore wind by 2030 and 25 GW by 2045 as well as a federal target to deploy 15 GW of floating wind by 2035, the Bureau of Ocean Energy Management (BOEM) has concluded the auction date for five 33-year leases offshore California.