The opportunity to handle Irish repowering projects is one of the considerations behind the Danish utility's European onshore wind comeback with today's purchase of an aging Irish portfolio. However, offshore wind is also factored into the synergy equation.
With cheap and climate-friendly surplus heat directly pumped into district heating grids and a solution to clean up data center emissions, Asetek says it holds an easy fix for reducing Denmark's CO2 emissions by 4 percent, but lacking policy requirements are halting the technology's adoption.
Securing a deal for 1 MW, Green Hydrogen Systems now enters the British market. Last week, it was Australia. A strategically important development for the electrolysis firm, says CEO Sebastian Koks Andreassen.
The EU is set to determine criteria for sustainable investments, but the process may be delayed. Its taxonomy is crucial, and lowering the union's standards could impact development of global criteria for green energy ventures, says analyst.
Finnish manufacturer Wärtsilä now joins a group of players that do not believe hydrogen will become a widespread marine fuel in the future. "It's hard to believe that it would be a credible choice for shipping," says director of R&D in an interview with EnergyWatch's sister media, ShippingWatch.
Seadrill now enters a settlement with subsidiary Seadrill Partners after the two companies ended in a dispute last year. The agreement includes, among other things, a payment of more than USD 11m to Seadrill.