Only one in 1,000 of Siemens Energy's personnel will be based in Denmark, but the company will nonetheless seek inspiration from the group's Danish office concerning the next step in the green energy transition, says Siemens A/S' CEO.
Even without oil licenses, new projects in Denmark could increase current output by two thirds, says report. Total aims to future-proof the Danish North Sea, according to Philippe Groueix, head of Total E&P Denmark.
The Norwegian oil giant aims to set up production at the Breidablikk field with an investment of nearly NOK 20 billion. The find is deemed the most interesting one in the Norwegian sector to not yet have been developed.
The German industrial conglomerate has just listed its combined energy activities, including German-Spanish wind turbine manufacturer Siemens Gamesa, under Siemens Energy AG – the group's latest spin-off move meant to give its operations more independence.
The bidding deadline for upcoming Danish offshore wind farm Thor is set for November next year, while the facility must be operational no later than at the end of 2027. Authorities expect it to be ready before then, however.
After profiting significantly on the oil price boom, Nordic shipping families such as Mærsk and and Fredriksen has seen billion of kroner vanish during the profound crisis in the drilling sector. Maersk Drilling along has seen its market value plunge by DKK 18 billion.
The shipping sector needs to speed up its developments if it wants to realize its CO2 targets. Availability in ports, volumes and price will be decisive for alternative, climate friendly fuels in shipping, projects DNV GL in new report.
A Swedish shopping mall equipped with electrical generation and storage hardware is now poised to offer network balance services as a virtual power plant, helping to keep the grid frequency stable as more intermittent renewables enter the national energy mix and conventional baseload options fade.