Tuesday, October 27, 2020
wind turbine

Green Power to Draw $11 Trillion Investment by 2050: BNEF

By William Mathis and Jeremy Hodges (Bloomberg) — Green power is set to draw around $11 trillion of investment in the coming decades as the cost of renewables plummets and...

October 27, 2020
Total Views: 46

Thursday, October 22, 2020
Maritime News

Tiny Turbines To Tap Tidal Power in New York’s East River

By Will Wade (Bloomberg) — New York’s East River is set to become the testing ground for a technology that generates electricity from the tides. Verdant Power, a New York-based...

October 22, 2020
Total Views: 44

Monday, October 19, 2020
offshore wind farm

Wind, Solar Are Cheapest Power Source In Most Places, BNEF Says

By Jeremy Hodges (Bloomberg) –Wind and solar power are the cheapest form of new electricity in most of the world today. That’s the analysis of BloombergNEF, which predicts a tipping...

October 19, 2020
Total Views: 23

Tuesday, September 29, 2020
Maritime News

Energy Transitions and Zero-Carbon Targets -Opinion

By John Kemp LONDON, Sept 29 (Reuters) – Policymakers in many countries have outlined plans for an ambitious transition from a system dominated by oil, gas and coal in the...

September 29, 2020
Total Views: 21

Friday, September 25, 2020
offshore wind turbine

U.S. House Passes Bill Supporting Jones Act Enforcement in Offshore Wind

The U.S House of Representatives has passed the “Clean Economy Jobs and Innovation Act” seeking to reform U.S. energy policy and authorize major investments in research and development in transition...

September 25, 2020
Total Views: 70

Monday, September 21, 2020
Maritime News

Scorpio Bulkers Tries Wind in Hunt for Returns

By Jonathan Saul LONDON, Sept 21 (Reuters) – Scorpio Bulkers, a major ocean transporter for the dry commodities industry, is tapping into increasing demand for renewable energy with an investment...

September 21, 2020
Total Views: 80

Wednesday, September 16, 2020
offshore wind farm
Maritime News

Oil Billionaire Says It’s Time to Move Focus to Renewables

By Mikael Holter (Bloomberg) — Norwegian billionaire Kjell Inge Rokke, who built most of his fortune on oil and gas, says the time has come to start investing more heavily...

September 16, 2020
Total Views: 34

Friday, July 17, 2020
offshore wind farm
Maritime News

Norwegian Billionaire Reshapes Oil Empire for Renewable-Energy Future

By Mikael Holter and Lars Erik Taraldsen (Bloomberg) –Billionaire Kjell Inge Rokke is transforming the structure of his business empire as he seeks to revive struggling oil-service firms and seize...

July 17, 2020
Total Views: 41

Monday, June 15, 2020

BP Writes Off Billions as Covid Redraws Rules of Oil Demand

By Laura Hurst and Amanda Jordan (Bloomberg) –BP Plc will make the biggest writedown on the value of its business since the Deepwater Horizon disaster a decade ago, as the...

June 15, 2020
Total Views: 8

Friday, June 12, 2020
offshore wind farm
Maritime News

Norway Opens Expansive Offshore Areas to Wind Development

The Norwegian government has announced the opening of more than 860,000 acres of the Norwegian Continental Shelf to offshore wind development. The areas, known as “Utsira Nord” and “Sørlige Nordsjø...

June 12, 2020
Total Views: 4

Wednesday, June 10, 2020
offshore wind farm
Maritime News

Scotland Launches $10 Billion Contest to Build Offshore Wind Farms

By William Mathis (Bloomberg) –Scotland, home to a quarter of Europe’s offshore wind resources, is seeking proposals to install turbines off the coast in a process that may draw more...

June 10, 2020
Total Views: 12

Friday, May 29, 2020
wind turbine
Maritime News

Oil and Gas Refugees Are Being Courted By Clean Energy in Texas

By Brian Eckhouse and David Wethe (Bloomberg) –Jeff Bishop’s LinkedIn post gets right to the point: “Houston Oil & Gas Folks — we’re hiring in Texas” for jobs in clean...

May 29, 2020
Total Views: 5

Wednesday, April 29, 2020
offshore wind farm
Maritime News

Renewable Energy Helps Utilities Survive Virus Slump

By Jeremy Hodges and Anna Shiryaevskaya (Bloomberg) — European utilities with bulging renewable energy portfolios are showing that the way out of the coronavirus slump is colored green. Energy companies from...

April 29, 2020
Total Views: 9

Tuesday, February 11, 2020
offshore wind farm
Maritime News

Major U.S. Offshore Wind Project Facing Permitting Delay

By Nichola Groom Feb 11 (Reuters) – Vineyard Wind, the developer of the first major U.S. offshore wind farm, said on Tuesday it will miss its target to start sending power to...

February 11, 2020
Total Views: 13

Monday, November 18, 2019
offshore wind farm
Maritime News

Earth’s Increasing Wind Speeds a Boon for Offshore Renewables

By William Mathis (Bloomberg) –The world is getting windier at the same time that developers are installing more turbines to generate electricity from breezes. Average wind speeds rose about 7%...

November 18, 2019
Total Views: 6

Thursday, June 27, 2019
FILE PHOTO: General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool
Maritime News

Britain’s New Net Zero Emissions Target Becomes Law

By Susanna Twidale LONDON, June 27 (Reuters) – Britain’s new target to reach net zero greenhouse gas emissions by 2050 became law on Thursday, making it the first among the...

June 27, 2019
Total Views: 0

Friday, June 21, 2019
offshore wind farm
Maritime News

Clean Energy Becomes Dominant Power Source in U.K.

By Jeremy Hodges (Bloomberg) –The U.K. will generate more energy from low-carbon sources than from fossil fuels this year for the first time since the Industrial Revolution. Wind, solar, hydro...

June 21, 2019
Total Views: 7

Thursday, June 20, 2019
offshore wind farm under construction
Maritime News

Renewable Energy Sector Hails New York State’s New Climate Plan

By Dave Gregorio NEW YORK, June 20 (Reuters) – Investors, developers and users of renewable energy at an industry conference in New York this week were buzzing about the state’s...

June 20, 2019
Total Views: 1

Wednesday, July 11, 2018
offshore wind turbine
Maritime News

John Browne: Oil and Gas Companies Will Lead Energy Revolution

By John Browne (Bloomberg Opinion) — When it comes to climate change, I have always been a believer: not in hand-wringing debate, not in unrealistic solutions like the elimination of hydrocarbons, but...

July 11, 2018
Total Views: 3

Tuesday, May 15, 2018
Dudgeon offshore wind farm

Statoil Drops the ‘Oil’: Shareholders Approve Name Change to Equinor

Shareholders of Norwegian energy giant Statoil have approved a proposal to change the company’s name from Statoil ASA to Equinor ASA reflective of the company’s (and Norway’s) growing focus on...

May 15, 2018
Total Views: 5