Energy

Energy industry news - solar, wind, hydroelectric, natural gas, petroleum.


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Volvo may move investments to US if Europe’s green-tech push falls short

Bloomberg | February 06, 2023 | Energy | Alternative | Trucking

Volvo AB is joining a growing roster of manufacturers considering moving investments to the US if Europe doesn’t bolster aid in response to Joe Biden’s landmark green subsidy push.

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Europe risks new age of protectionism in joining US subsidy race

Bloomberg | February 06, 2023 | Energy | Alternative

Joe Biden’s clean technology law has dragged the European Union into a subsidy fight that may trigger a transatlantic trade war, just as the allies are joining forces against Russia’s invasion of Ukraine.

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Damen presents floating offshore wind support vessel

AJOT | February 06, 2023 | Energy | Alternative | Project / Heavy Lift | Maritime Project

Impressive concept for securing floating wind turbines

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ABB expands in Asia with new electrical service teams in Vietnam and Japan

AJOT | February 06, 2023 | Energy

• ABB is scaling up its service presence in Vietnam and Japan in response to rising demand • Expansion bolsters ABB’s Asia service offering, which now includes 38 service workshops and 400 field engineers • It will help utility, industrial and commercial customers to improve performance, extend lifetime and operational efficiency of electrical assets

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More than half of new U.S. electric-generating capacity in 2023 will be solar

AJOT | February 06, 2023 | Energy | Alternative

Developers plan to add 54.5 gigawatts (GW) of new utility-scale electric-generating capacity to the U.S. power grid in 2023, according to our Preliminary Monthly Electric Generator Inventory. More than half of this capacity will be solar power (54%), followed by battery storage (17%).

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BMW wants to hitch a hydrogen ride at future truck stations

Bloomberg | February 06, 2023 | Energy | Alternative | Trucking

BMW AG is hoping to piggy-back on future hydrogen fueling stations for trucks to help solve the protracted issue of building an expensive infrastructure network for cars powered by the alternative fuel..

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Vopak and Port of Antwerp-Bruges to sustainably redevelop former Gunvor site

AJOT | February 06, 2023 | Energy | Alternative | Ports & Terminals | Terminals

Dutch tank storage company Vopak is acquiring the shares of Gunvor Petroleum Antwerp from commodity trader Gunvor Group Ltd (“Gunvor”), giving it access to the Gunvor concession in the Antwerp port area. Vopak is committed to sustainably redeveloping the site.

Russia sends more oil by sea, but Kremlin’s war chest pressured

Bloomberg | February 06, 2023 | Energy | Maritime | Bulk

Turkey halts oil flows to Mediterranean port after quake

Bloomberg | February 06, 2023 | Energy

South Africa’s coal export snags worsen as rail shipments slump

Bloomberg | February 06, 2023 | Energy | Conventional | Intermodal | Rail

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France demands transparency to defuse subsidy fight with the US

Bloomberg | February 05, 2023 | Energy | Alternative

French Finance Minister Bruno Le Maire will head to meetings with counterparts in Washington on Tuesday demanding more transparency from President Joe Biden’s administration on green industry subsidies, in order to avoid an escalation of transatlantic trade tensions.

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French startup raising funds to make green hydrogen for trucks

Bloomberg | February 02, 2023 | Energy | Alternative | Trucking

French startup Climate Horizon is seeking to raise more than €100 million ($108 million) for efforts to produce hydrogen from biomass, generate carbon credits and lease trucks powered by the clean fuel.

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