clean future

Danish energy giant Ørsted has entered into a Memorandum of Understanding with South Korean steel major, POSCO to support the development of offshore wind and renewable hydrogen production. Ørsted has planned multiple offshore wind projects off Incheon which lies at the northwestern coast of South Korea. With the MoU, Ørsted is confident of building and operationalising up to 1.6GW of offshore wind energy in the region.
  • May 29, 2021
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A study commissioned by Clean Energy Finance Corporation, a think tank backed by the Australian government has found that green hydrogen is rapidly approaching cost competitiveness in the transport sector. The report has been prepared by energy consultant Advisian, and states that green hydrogen could become a cost effective source of fuel for heavy trucking, buses and remote power industries by the end of this decade.
  • May 26, 2021
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Shell has recently agreed to sell its stake of 45% in an offshore gas field in the Philippines to Udenna, a local conglomerate that deals in petroleum and shipping. The deal was finalized for $460 million and in addition to stock ownership, including a deepwater license (Service Contract 38) that Shell acquired for exploration and development of natural gas resources.
  • May 22, 2021
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Carbon Capture Utilisation and Storage (CCUS) technologies are not an antidote for climate change. However, in a world that is still reliant primarily on fossil fuels for its energy needs, CCUS technologies will act as a catalyst to help curb industrial emissions.
  • May 21, 2021
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The mine which falls in the Czech-Polish border has raised anxiety about safe drinking water among the Czechs and energy security among the Polish; the EU Court may order Poland to suspend operations temporarily
  • May 12, 2021
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he EU is on a mission. They need to decarbonize their power sector and fast. Is Europe heading in the right direction for a carbon-neutral future? Yes. It is encouraging to see that the EU’s production of hard coal has reduced to 77% (65 million tonnes) compared to that of 1990. The more pressing questions though are how to transition smoothly from coal to gas, the status of coal plant phase-outs, and its site’s transformation.
  • April 21, 2021
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