Energy

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


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WiSP2 project launched to further improve performance predications, rules and regulations for wind propulsion on commercial ships

AJOT | June 21, 2021 | Energy | Alternative | Maritime | Technology

MARIN and ABS have kicked off the WiSP2 Joint Industry Project to help facilitate the broad uptake of wind propulsion as an important tool to decarbonise shipping.

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DNV completes successful concept verification review of Odfjell Oceanwind’s WindGrid™ floating wind power system

AJOT | June 21, 2021 | Energy | Alternative

DNV, the world’s leading classification society, has completed a concept verification review of Odfjell Oceanwind’s WindGrid™ (WindGrid) system for Mobile Offshore Wind Units (MOWUs). DNV’s review confirms the technical feasibility of the WindGrid system, and that expected reductions in CO2-emissions for North Sea applications are in the range of 60-70%, compared to generation of electricity from conventional gas turbines.

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Velocys technology powers first commercial flight using SAF derived from gasified wood-chips

AJOT | June 21, 2021 | Air Cargo | Technology | Energy | Alternative

Velocys, the sustainable fuels technology company, is pleased to announce that sustainable aviation fuel (SAF) produced by the Company’s proprietary technology using woody biomass residue feedstock has been used in a commercial flight for the first time by Japan Airlines.

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February’s increase in coal-fired electric generation reduced US coal stockpiles

AJOT | June 21, 2021 | Energy

Coal stockpiles at U.S. power plants decreased significantly from December 2020 to February 2021, including a draw of nearly 16 million tons in February 2021. February’s draw was the largest monthly coal inventory decrease since July 2011, when stocks were drawn down by 18 million tons.

Adani loses $13 billion in four days in worst wealth rout

Bloomberg | June 18, 2021 | Energy | Alternative | Ports & Terminals

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US dry natural gas production and rig count continue to grow from pandemic lows

AJOT | June 17, 2021 | Energy

Our June Short-Term Energy Outlook (STEO) estimated that production of dry natural gas in the United States averaged 92.2 billion cubic feet per day (Bcf/d) during May 2021, compared with 87.8 Bcf/d in May 2020.

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A Rystad Energy investigation: How a push to reduce LNG vessel emissions leaves the planet worse-off

AJOT | June 17, 2021 | Energy | Maritime | Technology

Global efforts to reduce carbon emissions are accelerating and most industries are searching for new ways to reduce their carbon footprint in the years and decades to come. Shipping is also under scrutiny and the International Maritime Organization (IMO) has set a carbon intensity reduction target, proposing strict technical requirements that are scheduled to be approved this year and take effect from 2023. One of the effects of these new requirements is likely to involve slow-speeding – a reduction of the maximum cruising speed of deep-sea vessels in a bid to reduce emissions.

Oil rises again on US crude stocks build projections - Rystad Energy comments

AJOT | June 16, 2021 | Energy | Conventional | By The Numbers

U.K. to import Norway’s cheap hydro-power along sub-sea cable

Bloomberg | June 16, 2021 | Energy | Alternative

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EIA: Growing global production limits crude oil price increases in the most recent forecast

AJOT | June 15, 2021 | Energy | Conventional | By The Numbers

In the June Short-Term Energy Outlook (STEO), we forecast that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases for global crude oil benchmarks Brent and West Texas Intermediate (WTI).

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Ørsted plans carbon capture at Avedøre Power Station as part of the Green Fuels for Denmark project

AJOT | June 15, 2021 | Energy | Alternative

Ørsted has identified the 100 MW straw-fired unit at the Avedøre Power Station in Copenhagen as the best point source of sustainable CO2 for the next phases of the Green Fuels for Denmark Power-to-X facility.

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