offshore wind

BP Energy Outlook 2020: Energy consumption shifts away from fossil fuels by 2050

In the main scenarios of this year’s BP Energy Outlook, global energy demand continues to grow for at least part of ‎the period to 2050. However, over this time, the structure of energy demand fundamentally ‎shifts, with a declining role for fossil fuels offset by an increasing share for renewable energy ‎and a growing role for electricity. ‎Decisive policy measures, such as significant increases in carbon prices, are needed to ‎deliver a lasting reduction in emissions from energy use.‎

Dutch partners start Europe’s largest green hydrogen project

A Dutch consortium comprising Gasunie, Groningen Seaports and Shell The Netherlands, revealed plans to launch the NortH2 project, foreseeing the production of green hydrogen using renewable electricity generated by a mega offshore wind farm, in line with the objectives of the Dutch Climate Accord.

Power-to-X to be the carbon-neutral energy storage technology of the future

Many climate experts predict that the next ten years are crucial, thus our actions within this decade will decide whether we are able to reach the ambitious goals of the Paris agreement limiting the global temperature increase to 1.5°C until 2050. Yet, recent studies show that G20 nations are currently failing to reach their climate goals.

How renewables can give a solution to maritime’s need for greener fuels

A cooperation of companies within the maritime and wind turbine industry is able to give the solution that can provide the world fleet with a climate friendly marine fuel. This would be a marine fuel that does not release any carbon dioxides, sulphur oxides or soot particles. As the Global Maritime Forum notes, decarbonisation can be achieved with the use of electro fuels.

EIA expects continued growth in use of renewable resources

The US Energy Information Administration released its Annual Energy Outlook 2019, including a Reference case and six side cases, examining the robustness of key assumptions. The AEO2019 Reference case expects significant continued development of US shale and tight oil and natural gas resources, along with continued growth in use of renewable resources.

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