Wartsila launched a white paper focusing on accelerating the transition towards a 100% renewable energy future. The market trends reflect that the shipping industry is currently leaning towards more flexible systems, with a rapidly increasing share of renewable energy, declining inflexible baseload generation and wider applications of storage technology.
Diane Gilpin highlights that climate change is a reality; there are multiple indicators which provide clear evidence that the climate is changing and therefore, it is of outmost important to start thinking out of the box and finding out new solutions in order to face this challenging situation.
Global energy investment stabilised in 2018, totaling more than USD 1.8 trillion and ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to IEA’s latest annual review.
The Australian government announced launch of the largest ever Cooperative Research Centre (CRC) to drive an evolution in marine-based industries, unlocking economic, environmental and technological benefits for a Blue Economy.
The report ‘Powering Homes Today, Powering Nations Tomorrow’, was launched by ETIP Ocean and analyses the challenges faced by the sector on the route to industrial roll-out and proposes four actions to overcome them. The ocean energy industry forecasts that 100GW of wave and tidal energy capacity can be deployed in Europe by 2050, meeting 10% of Europe’s current electricity needs.
A consortium of Dutch companies, universities and knowledge institutions have teamed up on the ‘Gigawatt Electrolysis Factory’ project, recently kicked-off at the Institute for Sustainable Process Technology, aiming to investigate what it takes to build a gigawatt-sized electrolysis plant in the Netherlands around 2025-2030.
Total, Ørsted and Elicio issued a joint bid for the Dunkirk offshore wind farm project in France, aiming to a power capacity up to 600 MW, on February 18. The bid is Total’s first official entrance in offshore wind and an additional step to sustainability.
Canada Pension Plan Investment Board (CPPIB) issued its first Euro-denominated Green Bond. The sale of €1 billion in 10-year fixed-rate notes will enable CPPIB to invest further in eligible assets such as renewables. Among the Green Bond-eligible investments recently made by CPPIB is a joint venture in renewable power and offshore wind assets.
As the global community becomes more interested in- and aware of- the devastating impacts of climate change, more and more industries have shown a shift towards environmentally-friendly solutions. In this regard, Finnish technology group Wartsila presented some of the trends awaited in 2019 and significantly impacting the energy transition.
The Autonomous Operator of Parisian Transports published a press release according to which sixteen among Europe’s major companies initiate to push forward the development of sustainable finance, setting up the Corporate Forum on Sustainable Finance, ‘The Forum’. It is designed as a permanent network based on exchanging ideas and views and unites crucial ‘Green Issuers’.
Doha Port now able to receive more cruise ships25/06/2019
Banks should focus on shipping emissions, according to report25/06/2019
Khalifa Port welcomes its largest ever bulk carrier25/06/2019
Cosco is doing the least to cut its carbon footprint, report says25/06/2019
Maersk launches new digital solution to address overbookings25/06/2019
Partners sign carbon pact aiming to 20% reduction in CO2 emissions till 202525/06/2019
Blockchain consortium to address issue of dangerous cargo misdeclaration25/06/2019
Greek Shipping Cooperation Council calls for urgent development of low carbon fuels25/06/2019
Chinese ports increase cargo throughput in January-May25/06/2019
Vessel with 18 deficiencies detained in Marina di Carrara25/06/2019