Russian Energy Minister Alexander Novak is set to be promoted to deputy prime minister amid a government reshuffle, while retaining his role as the oil-rich nation’s OPEC+ negotiator. [Read more…] about Russian Energy Minister Novak to become Deputy Premier
America’s Offshore Wind Industry stands to gain from Biden’s win
Few industries stand to benefit more from the election of former Vice President Joe Biden than the nascent U.S. offshore wind sector. [Read more…] about America’s Offshore Wind Industry stands to gain from Biden’s win
Biden wins US presidency; a victory for renewable energy
Having secured more than the necessary 270 electoral votes, Democratic presidential nominee Joseph R Biden was elected President of the United States on November 7, 2020 – four days after the US election. [Read more…] about Biden wins US presidency; a victory for renewable energy
Australia and Singapore to work together on hydrogen
Hydrogen and carbon capture, utilisation and storage (CCUS) are two priority areas of a new deal signed on October 26 by Australia and Singapore, as the two countries look to advance cooperation on low-emissions technologies and solutions. [Read more…] about Australia and Singapore to work together on hydrogen
Poland initiated joint project to harness the potential of Baltic Sea
“This week, together with the European Commission and ministers from Denmark, Estonia, Finland, Lithuania, Latvia, Germany and Sweden we have signed the ‘Baltic Sea Offshore Wind Declaration’, inaugurating close cooperation between the countries of our region,” Michał Kurtyka, Poland’s Minister of Climate highlighted during the Pomeranian Offshore Wind Conference. [Read more…] about Poland initiated joint project to harness the potential of Baltic Sea
Moon vows bold investment in offshore wind power industry
President Moon Jae-in pledged last Friday to expand South Korea’s offshore wind power capacity hundredfold by 2030 as a key engine for the nation’s transition to renewable energy and environmentally-friendly growth.
Moon visited a wind power plant and a turbine research center on the southwestern coast in his first field inspection since unveiling a ‘New Deal’ policy to recover from the economic downturn caused by the coronavirus crisis.
“The government’s goal is clear and is to become one of the world’s top five offshore wind energy powerhouses by 2030, taking advantage of our geographical advantage of being surrounded by water on three sides,” Moon said at the wind farm in Buan, about 280 kilometers southwest of Seoul.
The government aims to expand the nation’s offshore wind power capacity to 12 gigawatts by 2030 from the current 124 megawatts, he noted.
During his visit, central and local governments, businesses and local residents signed a memorandum of understanding to develop the plant located in two counties of Buan and Gochang, North Jeolla Province.
The plant operating since July 2019 is the largest among the nation’s three offshore wind farms. Two others are located in South Jeolla Province and Jeju Island.
(Yonhap)
EU unveils massive hydrogen expansion
The European Union (EU) has unveiled their plan to become world leaders in hydrogen production that will see 6 gigawatts of renewable hydrogen produced via electrolysis by 2024. [Read more…] about EU unveils massive hydrogen expansion