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EnergyWatchWednesday31 May 2023
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Photo: Kim Kyung-hoon

Japan allows nuclear reactors to operate beyond 60 year limit

After the accident in 2011, Japan has been reluctant to revive the nuclear sector. A new law has now been passed.
  • Ukrainian nuclear plant once again with power after recent breakdown
  • New study: The trust in Europe's energy sector is declining
Photo: Green Hydrogen Systems/pr

Green Hydrogen Systems downgrades expectations after modifying electrolysers

For subscribers

Chinese BYD is now selling more cars in China than Volkswagen, which has otherwise been leading the world's biggest automobile market for a decade. | Foto: Eugene Hoshiko/AP/Ritzau Scanpix

Shift towards EVs creates opening for Chinese car manufacturers

For subscribers

Foto: Finn Frandsen

Ørsted breaks ground on Swedish e-methanol plant

For subscribers

Volvo Group commits to half of the production output from the Swedish Bruzaholm onshore wind farm. | Foto: Sergei Gapon/AFP/Ritzau Scanpix

Volvo signs green power deal for Vattenfall wind power

For subscribers

EU car sales are still going up, but remain below 2019-levels. | Foto: Lukas Barth/Reuters/Ritzau Scanpix

More than 10% of sold cars in the EU are electric

  • A ship engine subject to testing at MAN Energy Solutions. | Foto: Man

    Most commercial freighters are unfit for green retrofitting

    More than 22,000 ships sail around on engines from MAN Energy Solutions, but less than 10% of these are financially feasible for green retrofitting, MAN estimates.

    For subscribers

  • MSC is the world's largest container carrier with a total capacity inching near 5m teu. | Foto: Yangzijiang Shipbuilding

    MSC and MAN Energy Solutions to develop ammonia-fueled ship

    MAN Energy Solutions, Lloyd’s Register, and Chinese ship designer SDARI are to develop a container ship for MSC capable of bunkering ammonia.

    For subscribers

  • Foto: Rockwool/pr

    Rockwool CEO: Weak demand and poor frame of reference

    ”Last year was sort of a record for us in terms of volume. It maybe wasn’t the largest top line, but still proved a very solid first quarter. And that is our frame of reference this year,” says CEO.
  • Foto: Søren Osgood

    Rockwool makes upwards adjustment to expected profit margin

    Rockwool’s Q1 earnings are a smidge better than analyst projections, while the margin is a clear and positive surprise against the disappointing top line.

    For subscribers

  • Foto: Matthias Schrader/AP/Ritzau Scanpix

    Hapag-Lloyd poaches Maersk for new director of green fuels

    Illyas Muhammad was employed by Maersk in early 2022 but now joins the German competitor Hapag-Lloyd.

    For subscribers

  • Lars Green has chosen to vacate his position as chief financial officer at Novozymes by November 1 after a four-year stint at the company. | Foto: Pr / Novozymes

    Novozymes appoints new CFO upon Lars Green's resignation

    Green looks to pursue a career far from the suite of executive offices.
  • Foto: Pr Nel Hydrogen

    Nel revenue takes major leap

    Order intake grows for Norwegian hydrogen company Nel and revenue climbs 68% as a result.

    For subscribers

  • Foto: Rebecca Cook

    GM brings in Samsung on US battery plant

    The battery plant warrant a USD 3bn investment.

    For subscribers

  • Foto: Pr / Novozymes

    Novozymes CFO: By-products and higher prices elevate bioenergy

    A great continuance, says CFO, waiving concerns over dwindling bioethanol production output on main US market.

    For subscribers

  • Foto: Wärtsilä

    Wärtsilä turns profit despite low demand for new ships

    The green transformation was an important driver of demand in Wärtsilä’s maritime business in the first quarter.

    For subscribers

  • Foto: Jameson Wu/Reuters/Ritzau Scanpix

    Multiple major shipping liners lack plans for green fuels

    While around half of the 29 carriers surveyed have tested green fuels in tanks and made plans towards 2030 and 2050, a full third of carriers are yet to make any such plans for the future.

    For subscribers

  • Tesla manages to produces 440,808 vehicles in the first three months of the year, with 422,875 cars delivered. | Foto: Scott Olson/AFP/Ritzau Scanpix

    Tesla margins slump on repeated price cuts

    The US electrical vehicle maker’s quarterly results fall short of analysts’ projections.

    For subscribers

  • Claviate has made a living out of improving insights into processes connected to onshore and offshore turbine installations. | Foto: Claviate Pr

    There is money to be made from neutral turbine observations

    Insights into wind turbine installation can optimize construction processes and help lay disputes to rest, and that competence has given a Danish start-up an edge on its competitors.

    For subscribers

  • Foto: Chen Lin

    Tesla ready with more price cuts in Europe, Israel and Singapore

    Electrical vehicle manufacturer Tesla imposes discounts on several models for the third time since January.
  • Höegh LNG has specialized in storing liquified natural gas at sea. | Foto: Höegh Lng

    Norway sends millions towards project to ease access to green fuels

    Companies and universities look to develop a system for ammonia as a hydrogen carrier aboard a Höegh LNG vessel. 

    For subscribers

  • Foto: Peter Nicholls/Reuters/Ritzau Scanpix

    DFDS aims to have ferry freighters run on green methanol

    The Danish ferry and logistics operator looks to remodel new freight ferries, enabling them to sail on green methanol. The challenge lies in procuring sufficient fuel flows, says DFDS chief exec.

    For subscribers

  • Foto: Marcus Brandt/AP/Ritzau Scanpix

    MAN expects to put ammonia engine up for sale in late 2025

    MAN Energy Solutions is about to launch the final tests of the ammonia engine that many hope will revolutionize the shipping industry.
  • Foto: Pr Project Greensand

    Project Greensand successfully stores CO2

    Now, the consortium will asses and analyze the results from the first-ever successful CO2 storing.

    For subscribers

  • Foto: Kacper Pempel/Reuters/Ritzau Scanpix

    BP buys into UK CCS project

    The project is capable of meeting UK target to capture and store up to 30 million tonnes of CO2 a year by 2030.

    For subscribers

  • Tesla looks to break ground on the factory in the third quater and production could start as soon as the second quarter of 2024. | Foto: Aly Song

    Tesla looks to build Megapack plant in Shanghai

    The US electrical vehicle manufacturer eyes China as base for new production site of scalable battery Megapack.

    For subscribers

Latest news

  • European Energy loses millions on the road back to normality – 13:51
  • TotalEnergies aims to enter Danish OSW market after announced expansion – 13:26
  • Japan allows nuclear reactors to operate beyond 60 year limit – 12:33
  • Alleged drone attack sets Russian refinery on fire – 11:27
  • Green Hydrogen Systems downgrades expectations after modifying electrolysers – 11:00
  • Weak Chinese activity weighs heavy on oil – 10:44
  • CIP Foundation sets the pace on road towards hydrogen venture – 10:26
  • Historic deal on OSW expansion in Denmark falls into place – 09:52
  • NKT bags conditional order for Swedish OSWs – 30 May
  • MoU to pave the way for Danish business push in North Carolina – 30 May
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