Blog & News

Offshore wind could deliver 45% of Sweden's electricity needs by 2050, according to a study commissioned by the country’s wind energy trade body and five member companies. The report by Thema Consulting Group found that Sweden's electricity needs could be 370 terawatt-hours (TWh) by 2050, almost three times the current consumption of 140TWh.
  • December 11, 2021
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Saudi Aramco has signed five key agreements with leading French companies including a key deal to explore a hydrogen-powered vehicle business with Gaussin — a pioneer in clean and intelligent transport solutions. Aramco also signed four MoUs with French players Air Liquide, Alteia and Axens that aim to develop opportunities in carbon capture technology, artificial intelligence and local manufacturing.
  • December 6, 2021
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Natural gas from fossil fuel powers 23% of the current global primary energy demand and a good quarter of the world’s electricity requirement. Russia holds the top spot in terms of the world's largest natural gas reserves, with a total proved resource of 38 TCM (1,341 trillion cubic feet).
  • December 3, 2021
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The Australian Parliament has finally passed a bill to enable development and operation of offshore wind farms in the country. The Offshore Electricity Infrastructure Bill 2021 establishes a regulatory framework for the industry in commonwealth waters. The bill will enable Australia to tap into the offshore wind potential offered by its coastline of over 25,000 kilometres.
  • November 28, 2021
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Shell has signed a deal to purchase power from the Dogger Bank C, a project which is currently known as “the world’s largest offshore wind farm.” The 15-year power purchase agreement details that Shell has bought 240MW from the windfarm, which is the third and final phase of the 3.6GW Dogger Bank Wind Farm, located in waters off the coast of northeast England.
  • November 26, 2021
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Partners broke ground on Vineyard Wind 1, America’s first commercial scale offshore wind farm which is a joint venture between Avangrid Renewables and Copenhagen Infrastructure. The 800MW project is located 24 kilometres off the coast of Martha’s Vineyard. It is expected to generate electricity for more than 4,00,000 homes and businesses in Massachusetts, create 3,600 jobs, save customers €1.24 billion over the first 20 years of operation, and is expected to reduce carbon emissions by more than 1.6 million metric tonnes per year.
  • November 21, 2021
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Eight more companies have joined the AquaVentus project which aims at developing a 10GW wind-to-hydrogen project in Germany. These firms include the oil and gas production company Neptune Energy, Saipem, Ramboll and Heerema Marine Contractors. The membership network of AquaVentus has now grown to 79 companies including several big names from the offshore energy industry which have joined since the beginning of this year.
  • November 18, 2021
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Siemens Energy has become the first company worldwide to receive certification for its “H2-Ready” power plant concept: a natural gas-fired combined cycle power plant (CCPP) that is expected to run partially or fully on hydrogen fuel in the future. This certification increases investment security for utilities.
  • November 17, 2021
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Subsea interconnectors have made sharing renewable energy across seas a tangible reality. A lot has changed since 1954 when the first submarine HVDC interconnector cable was installed, connecting Gotland Island to the Swedish Mainland.
  • November 16, 2021
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Virtual has become a byword of our times. And Virtual Power Plants (VPPs) exemplify the future of the energy industry. 
  • November 12, 2021
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