Tag: renewable energy

Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35 percent increase in energy demand by 2040, according to a new report released by ExxonMobil. As demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040. Without efficiency gains across economies worldwide, energy demand from 2010 to 2040 would be headed toward a 140 percent increase instead of the 35 percent forecast in the report. ExxonMobil’s Outlook for Energy projects that carbon-based fuels will continue to meet about three quarters of global energy needs through 2040, which is consistent with all credible projections, including those made by the International Energy Agency. The outlook shows a shift toward lower-carbon fuels in the coming decades that, in combination with efficiency gains, will lead to a gradual decline in energyrelated carbon dioxide emissions. Wind, solar and biofuels are expected to be the fastest-growing energy sources, increasing about 6 percent a year on average through 2040, when they will be approaching 4 percent of global energy demand. Renewables in total will account for about ...

ClassNK has announced the establishment of a new Renewable Energy Department. This new department which began operations on 1 October 2014 will oversee a diverse range of activities related to renewable energy, including audits and certification of new technologies. While ClassNK has previously provided certification for wind turbines, vast technological advances have made it possible to practically harness the power of alternative energy sources such as wave power, tidal power, and ocean thermal energy conversion. Given the enormous potential of the ocean as a source of energy and the ever-increasing demand for cleaner energy to mitigate climate change, there is a growing need from the industry for high-quality technical services that can support the practical development of new renewable energy technologies. ClassNK established the Renewable Energy Department to support these efforts and ensure the safe operation of renewable energy facilities offshore. The new department will provide technical and certification services for a wide variety of renewable energy production facilities, ensuring that ClassNK's high certification standards contribute to their safe development and practical application. Activities previously carried out by the ClassNK Wind Turbine Division will now be carried out by the Renewable Energy Department. The operations of the Renewable Energy Department ...