wind power

BP’s deal with Norway-based Deep Wind Offshore aims to generate nearly half of the 13 GW of electricity Korea plans to produce from offshore wind by 2030.

The use of artificial intelligence in the clean energy sector increases the availability and accessibility of clean energy, making it a more viable and cost-effective alternative to traditional energy sources.

An EU project is bringing together 15 partners from seven countries to work on designing and manufacturing superconducting cables to enable more efficient and less costly power transmission from renewable electricity generation sites.

Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments but helped by a significant rise in funding for hydrogen and carbon capture, utilization and storage infrastructure, Rystad Energy research shows.

The Department of the Interior announced that the Bureau of Ocean Energy Management will publish a proposed rule to update regulations for clean energy development on the US Outer Continental Shelf.

A company plans to use compressed air to store energy underground in California. The US Postal Service makes a historic announcement. India and Brazil set their sights on green hydrogen, and ammonia cracking takes center stage in Germany.

Although 2022 did not match 2021’s record of over 19.5 GW of online capacity, 2022 witnessed the second highest amount of global online capacity with almost 8.5 GW. Final investment decisions (FIDs) were taken on over 11.5 GW of projects, making it the fourth highest year for FIDs.

Energy firm Vattenfall has conducted large-scale seabed surveys with uncrewed surface vessels. The company reports positive results, from both climate and safety aspects.

Denbury acquires carbon-storage land in the South, Baker Hughes forms a new wells consortium, and Chevron and BP expand their investments. Hydrogen takes center stage across the globe, while the international energy transition makes strides toward its goals.

The power from the first turbine to come online will be used to help run the Gullfaks A platform in the North Sea. Seven of the 11 turbines in the field are expected to begin producing power within a year.