If the largest oil outfits opt to diversify their operations away from the core business, the corona crisis provides an exceptional opportunity to overtake greener utilities, a Lux Research energy economist says.
BY MATHIAS JULIUS FALKENGAARD
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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.