A recent study carried out in the Laboratory of Industrial Management at Åbo Akademi University indicates that improved ship utilization rates and investments in environmentally sustainable technologies for enhanced energy efficiency would not only significantly reduce carbon dioxide emissions within navigation but would also contribute to lowering freight costs.
UAE’s oil and gas company ADNOC is on track to increase its crude oil production capacity to 4 million barrels per day by the end of this year. In fact, Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State and ADNOC Group CEO highlighted the impact of global economic trends on energy demand and outlined the UAE and ADNOC’s response to the fast-evolving energy landscape, saying that “This economic outlook means both the short and long-term demand for energy remains robust. Over the next two decades, we will see growth of at least 25% in energy demand. This is a rate of increase that no single source can satisfy and presents the key challenge of how to produce more energy with fewer emissions.”
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.
The International Energy Agency (IEA) has recently issued its Renewables 2019 report with the aim to analyse and forecast renewable energy and technologies from 2019 to 2024; providing global trends and developments for renewable energy in the electricity, heat and transport sectors.
Making the the energy transition faster is crucial in order to avoid climate disaster. However, Lucy Craig, Vice President Technology & Innovation, DNV GL – Energy, notes that we must overcome the challenges that a potential increase in wind and solar energy brings.
Reuters reports that Royal Dutch Shell is under discussion for the installation of solar panels to power its Bukom refining site in Singapore. The Bukom manufacturing site includes a 500,000 barrels-per-day refinery, Shell’s largest wholly owned refinery.
A consortium consisting of Tractebel, Jan De Nul Group, DEME, Soltech and Ghent University announced the launch of a new project in the field of marine floating solar technology. The partners believe that solar photovoltaic panels in offshore waters are one of the essential future green energy sources. Combined in the same location with aquaculture and offshore wind power, this technology aspires to make a more efficient use of available space.
The Port of Rotterdam published a video focusing on the solar panels that are the port’s most sustainable energy sources, highlighting the importance of renewable energy and the sustainable development that will follow.
DNV GL has been contracted by Singapore’s national water agency, PUB, as technical advisor for the 50 MW floating solar photovoltaic (PV) project at the Tengeh Reservoir in Singapore. When completed, the floating solar project will be one of the largest single floating solar systems globally.
Floating solar, methanol islands on the ocean could be able to produce enough energy to allow CO2-neutral global freight traffic, according to a group of researchers from ETH Zurich, the Paul Scherrer Institute (PSI), Empa, the Universities of Zurich and Bern and the Nowegian University of Science and Technology in Trondheim.
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- Women in shipping
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- Women in shipping
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