The UK and Denmark are widely considered the titans of the offshore wind industry and the third episode of Bigger Faster Better explores the outlook for this low-carbon technology as the global energy transition gathers pace.
The Danish Energy Agency has awarded €26 million (£22m) to the Ineos-led consortium seeking to develop the Project Greensand carbon capture and storage (CCS) scheme.
Norway’s $1.3 trillion wealth fund just made its first investment in clean energy infrastructure, more than a year after it was given the go-ahead to move into the asset class.
UK ministers are considering a ban on new oil exploration licenses in the North Sea as a move away from fossil fuels, a step that could hit jobs and the Scottish economy, the Telegraph reported.
Denmark has a chance to succeed with its plans of cutting 70% of carbon emissions by 2030 if Prime Minister Mette Frederiksen introduces a new emission fee, the government’s economic advisory council said.
Thinking back to her early days as an engineer from Peterhead, Dawn Summers feels a “heavy obligation” to help bolster diversity and inclusion in oil and gas, particularly with young women.
Turbine manufacturer Vestas claims to have elevated the “industry benchmark for performance and continued cost reduction” with the launch of its new product.
The government has secured broad political backing for Denmark’s largest ever construction project, a 210 billion krone ($34 billion) man-made ‘energy island’ and hundreds of offshore wind mills that will deliver clean electricity and help the country achieve climate neutrality by 2050.
Ørsted has announced plans to alter its organisational structure as part of efforts to strengthen its ability to tap into new markets and better serve customers.