Business & Finance
Doubling Renewable Energy to Save Money and Avoid Climate Catastrophe, IRENA Says
The world faces an important energy choice, according to a new report launched by the International Renewable Energy Agency (IRENA) in New York. “REmap 2030” says that scaling-up renewable energy to 36% of the world’s total final energy consumption by 2030 is possible, affordable and will keep the w
Renewables Save Ireland €245 Mln in Fossil Fuels
The Sustainable Energy Authority of Ireland (SEAI) today released the results of a comprehensive study of Ireland’s electricity system throughout the whole of 2012. The study shows that renewable electricity resulted in greatly reduced use of gas, coal and peat, saving Ireland €245 million in fossil
Jan De Nul’s New Multi-Purpose Vessel Under Construction
This week, Uljanik Brodogradilište (Uljanik Shipyard) in Pula, Croatia, started with the construction of Jan De Nul’s new Multi-Purpose Vessel JDN8628. The versatile vessel will operate as a trenching and offshore support vessel, a subsea rock installation vessel and a cable laying vessel. It can be
Nine Companies Compete for EEEGR Energy Innovation Award
Nine finalists will line up to compete for the East of England’s top awards for new ideas in the energy industry. Companies from across all aspects of the energy world are challenging for the 2014 Energy Innovation Awards to be staged by EEEGR, the East of England Energy Group, at Norwich City Footb
VIDEO: Opportunities for Local Businesses in Moray Offshore Wind Project
On May 8, one of three offshore wind supply chain workshops for the Moray offshore wind farm was held. The workshops are organized by Scottish Enterprise and Highlands and Islands Enterprise on behalf of Moray Offshore Wind Limited (MORL). Those attending the event could hear about the contracting s
Blue Water Shipping to Bring Offshore Wind Opportunities to Bandholm Port
As of 1 January 2015, Blue Water Shipping (BWS) will take over the daily operation as well as sales and marketing responsibility for the private Port of Bandholm on the island of Lolland in Denmark. ”We believe that the combination of Blue Water Shipping and Knuthenborg/Bandholm port is perfect. Our
EPI: Wind Power to Become Foundation of New Energy Economy
Wind power capacity is an indicator of building a sustainable economy because wind is poised to become the foundation of the new energy economy, the Earth Policy Institute (EPI) says. With total capacity exceeding 318,000 megawatts, wind farms generate carbon-free electricity in more than 85 countri
OpenHydro to Supply Two New Tidal Turbines for Project in France
EDF has announced the development of a pilot farm comprising two tidal turbines at Paimpol-Bréhat in Brittany (France). OpenHydro, a DCNS company, will supply two new turbines which will be operational from 2015. This new project is a fundamental step in the development of tidal energy in France. It
Nordic Yards Takes Over Volkswerft
A symbolic act on the ship lift marked a new beginning for Volkswerft Stralsund yesterday: Berthold Brinkmann, insolvency administrator of P+S WERFTEN, handed over a big key to Nordic Yards. With that, Nordic Yards has now officially taken over Volkswerft. “Volkswerft is one of the most diverse ship
Perpetuwave Power Wins UK Grant
Wave energy developer Perpetuwave Power PTY LTD announced its recently established subsidiary Perpetuwave Power UK Ltd has been awarded a grant of approximately $110,000 from the European Regional Development Fund Convergence Programme. The grant supports development of Perpetuwave Power’s world-lea
BMT to Display Its High Performance Vessels in Southampton
BMT Nigel Gee (BMT), a subsidiary of BMT Group Ltd, the leading international maritime design, risk management and engineering consultancy, will showcase its portfolio of high performance vessels at this year’s Seawork International exhibition at the ABP Port of Southampton next week. BMT continues
East of England Business Ready to Fight for Share of Wind Energy Market
While the East of England energy industry is poised for a massive portion of the £50bn capital investment over the coming decades, there are signs that the region’s businesses are already spending a small fortune to ensure they are properly prepared to fight for a slice of the cake. “There’s clearly
Vissim Opens Renewables Office in UK
To serve the growing number of wind farm customers in the region, Vissim establishes a new UK based entity, “Vissim Renewables”. “This will strengthen our presence in the UK market in line with our growth strategy and will provide improved support for existing customers, including key players such a
ECN’s New O&M System to Reduce Offshore Wind Costs
ECN has developed an O&M System, which helps to reduce offshore wind farm maintenance costs and increase yields. The system incorporates strategic deployment of manpower, vessels and materials. “We’re talking about huge sums,” declares Peter Eecen of ECN. “About a quarter of the total energy costs o