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OMNI Features|UK Study Shows AI Technology Could Revolutionise CCS Systems / North Macedonia Proposes Joint Construction of Negotino Gas-hydrogen Power Plant with Neighboring Countries / Taipower Initiates Green Energy Sandbox Project
Jan. 19 2024
OMNI Features|UK Study Shows AI Technology Could Revolutionise CCS Systems / North Macedonia Proposes Joint Construction of Negotino Gas-hydrogen Power Plant with Neighboring Countries / Taipower Initiates Green Energy Sandbox Project
Research from the university's School of Chemistry and Chemical Engineering demonstrated that when AI and machine learning tools are employed in carbon capture systems, they could capture 16.7% more carbon dioxide (CO₂) from the atmosphere and use 36.3% less energy from the UK's National Grid.
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OMNI Features|METCentre Announces Tender for Floating Offshore Wind Test Slot.Ørsted Awards Blade Inspection and Repair Contracts with RTS Wind for German Offshore Wind Farms
Jan. 19 2024
OMNI Features|METCentre Announces Tender for Floating Offshore Wind Test Slot.Ørsted Awards Blade Inspection and Repair Contracts with RTS Wind for German Offshore Wind Farms
The Marine Energy Test Centre (METCentre) for floating offshore wind has an available berth. METCentre is now announcing a tender process with qualitative criteria to ensure that a new test project contributes to positive ripple effects for the offshore wind industry.
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OMNI Features|Finland's Green Deal Agreement Promotes Zero-Emission Construction Sites / Saudi Arabia and Egypt Sign $1.5 Billion Wind Power Agreement / Taipower Forecasts Industrial Recovery in Q2
Jan. 18 2024
OMNI Features|Finland's Green Deal Agreement Promotes Zero-Emission Construction Sites / Saudi Arabia and Egypt Sign $1.5 Billion Wind Power Agreement / Taipower Forecasts Industrial Recovery in Q2
Finland's "Voluntary Green Deal Agreement" is making significant progress toward achieving zero emissions in construction zones. All construction companies consider zero emissions at construction sites a crucial aspect of their operations. Utilizing monitoring systems, over half of the construction areas operate heavy machinery with no fossil fuel, reducing harmful exhaust emissions.
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OMNI Features|Transition Bonds Issued by Kawasaki Set to Drive Advancements in Hydrogen Projects.Iberdrola and NBIM Boost Alliance with €2B Renewable Energy Investment / Barclays Establishes Energy Transition Group to Support Net Zero
Jan. 18 2024
OMNI Features|Transition Bonds Issued by Kawasaki Set to Drive Advancements in Hydrogen Projects.Iberdrola and NBIM Boost Alliance with €2B Renewable Energy Investment / Barclays Establishes Energy Transition Group to Support Net Zero
Japan's Kawasaki Heavy Industries is set to issue transition bonds, with funds raised through public offerings of these bonds domestically within Japan to be used for projects related to the clean transport and storage of hydrogen and clean energy utilization of hydrogen. Specific solutions include liquefied hydrogen carriers, liquefied hydrogen storage tanks and hydrogen gas turbines for power generation. Kawasaki announced its first transition bond issuance as a means of financing via the fund-raising framework "Master Framework Agreement (MSA) [1]," which the company established in November 2023. The bond issuance amounts to ¥10 billion ($68.55 million), with the issuance period planned for February 2024. The bond term is 5 years.
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Ørsted Taiwan Launches "Sustainable Innovation Accelerator" Nurturing Talents for Wind Industry
Jan. 18 2024
Ørsted Taiwan Launches "Sustainable Innovation Accelerator" Nurturing Talents for Wind Industry
Ørsted launched the "Sustainable Innovation Accelerator (SIA)" competition today (18) in collaboration with the Metal Industries Research & Development Centre (MIRDC). The competition seeks innovative proposals related to the offshore wind industry. Teams that qualify will receive activation funds and one-on-one guidance from experts in the wind energy sector to optimize their proposals. The winning team can receive a maximum prize of NTD 500,000. Submissions are open from now until April 30.
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OMNI Features|Turkey Plans to Become EU's 3rd-Largest in Natural Gas Storage Capacity / U.S. Natural Gas Production Hits 11-Month Low Due to Oil Wells Freezing / CPC: Aiming for Profitability in 2024
Jan. 17 2024
OMNI Features|Turkey Plans to Become EU's 3rd-Largest in Natural Gas Storage Capacity / U.S. Natural Gas Production Hits 11-Month Low Due to Oil Wells Freezing / CPC: Aiming for Profitability in 2024
According to Turkey's Daily Sabah, Turkey is planning to expand its natural gas storage infrastructure and elevate its storage capacity to become the third-largest in Europe in the coming years.
Europe's natural gas storage capacity is approximately 1 trillion cubic meters, with Germany at the top with 240 billion, followed by Italy at 160 billion. Drawing from its rich natural gas experience, Turkey aims to surpass multiple nations by reaching a storage capacity of 14.4 billion cubic meters by 2028, making it the third-largest storage nation in Europe.
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OMNI Features|Manila Electric Company MGEN to offer 1,500 MW by 2030.Japanese RE Firm Renova to Invest in U.S. RE and Grid Storage Industry
Jan. 17 2024
OMNI Features|Manila Electric Company MGEN to offer 1,500 MW by 2030.Japanese RE Firm Renova to Invest in U.S. RE and Grid Storage Industry
MGEN said it aimed to strengthen its RE expansion to power the country using a greener energy option. MERALCO is dedicated to carrying out an investment worth Php 18 billion for its RE portfolio, which would encompass capacities from solar and wind.
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OMNI Features|Exploration of Continental Shelf Mineral Resources Open for Application in Norway / IEA Report: Global Renewable Energy Generation Capacity Soars by 50% in 2023 / TITA Initiates One-stop CBAM Declaration Assistance
Jan. 16 2024
OMNI Features|Exploration of Continental Shelf Mineral Resources Open for Application in Norway / IEA Report: Global Renewable Energy Generation Capacity Soars by 50% in 2023 / TITA Initiates One-stop CBAM Declaration Assistance
The Ministry of Petroleum and Energy submitted a White Paper to the Norwegian Parliament (The Storting) in 2023 regarding opening mineral resources on the Norwegian continental shelf and managing crucial underwater mineral resources. This includes fundamental research and impact assessments, consolidating multidimensional knowledge of natural resources, the environment, economic activities, and potential impacts in the region. The impact assessment involves the formulation of evaluation plans and public opinion response assessments.