The ULSTEIN SX190 Zero Emission DP2 construction support vessel is designed for marine operations of today and tomorrow. Running on hydrogen, it can shrink the environmental footprint of offshore renewables.
Today, the European Commission adopted a package of proposals to make the EU’s climate, energy, land use, transport and taxation policies fit for reducing net greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels. Achieving these emission reductions in the next decade is crucial to Europe becoming the world’s first climate-neutral continent […]
Chinese province of Hainan has issued an offshore wind supply chain development plan which includes creating a RMB 50 billion (around EUR 7 billion) worth supply chain industry by 2025 through building an industrial park and two manufacturing sites that will support offshore wind deployment. The plan sees Hainan’s offshore wind manufacturing industry backing the […]
Equinor and Aibel have entered into a ten-year strategic collaboration agreement with an aim to ensure a close and long-term collaboration and predictability, for which the new partners say “will be important to both parties in times of many great and important opportunities”.
According to the Department of industry and information technology of Hainan Province, the development plan of wind power equipment industry in Hainan Province (2022-2025) has been issued. Hainan will strive to basically form a wind power equipment industry cluster by 2025, realize the output value of the whole industry chain of 55 billion yuan, and […]
The 14th five year plan for scientific and technological innovation in the energy field (hereinafter referred to as the plan) fully focuses on the energy attribute of hydrogen, pays attention to guiding and giving full play to the important pivotal role of hydrogen energy in connecting renewable energy and diversified terminal energy demand, and fully […]
On May 9, the National Energy Administration reported the completion of the weight of renewable energy power consumption responsibility in 2021.By the end of December 2021, the cumulative installed capacity of renewable energy power generation in China was 1.06 billion kw, accounting for 44.8% of the total installed capacity, including 391 million kw of hydropower, […]
China’s top economic regulator on Tuesday unveiled a new plan to spur the bioeconomy during the 14th Five-Year Plan period (2021-25), in a bid to promote high-quality development of the sector. The new document, released by the National Development and Reform Commission, said it is important to boost the bioeconomy during the next five years, […]
Surging oil, gas and power prices together with the European Union (EU)’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy spending this year to $2.1 trillion, Rystad Energy research shows.
To shift away from fossil fuels to renewables, China has to reinvent its coal-dominated energy system. China’s net-zero target of 2060 is hugely challenging — not least because the country’s economy and energy demand will continue to grow.