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EnergyWatchWednesday7 June 2023
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”Achieving climate-neutral shipping by 2050 not only requires comprehensive regulatory clarity but it also requires renewable fuels to be available to shipping on a global and competitive basis,” states VDR’s CEO, Martin Kröger. | Foto: Pr/port of Hamburg/michael Lidner

German shipowners: Availability of green fuel is key to realizing shipping's climate target

Necessary technologies and shipping’s willingness to adapt to a green future are already present, but the large-scale production of green fuels is missing, says the German shipowners’ association.
  • New report: Shipping will use up half of all available biofuel in 2050
  • Norwegian carrier calls on customers to pay for decarbonization

For subscribers

European Commissioner for Energy Kadri Simson can catch her breath following last year's soaring gas and power prices. | Foto: European Union

EU terminates power market crisis measures

For subscribers

Foto: Capital Link / Dnv

Norwegian carrier calls on customers to pay for decarbonization

Foto: Thomas Borberg

Grid operator Linja combines AI with satellites to monitor power grid

For subscribers

On Monday, National Grid ESO spent GBP 9.4m on balancing power grid. | Foto: National Grid

Too much solar and win power proved costly for UK operator

For subscribers

”I believe that what we see in the US and also a bit in Europe in different ways is that industrial policy from the side of the government is getting increasingly important," said Maersk CEO Vincent Clerc (left) in a discussion with Danish business minister Morten Bødskov on Danish Shipping's annual day. | Foto: Carsten Lundager

Vincent Clerc: Only state intervention can ensure the green transformation

For subscribers

  • Denmark's offshore wind capacity needs to be expanded from the current 2.3GW to potentially 14GW, according to new agreement. | Foto: Anders Holst Pedersen/Ritzau Scanpix

    Historic deal on OSW expansion in Denmark falls into place

    The largest ever offshore wind tender will come to power 14 million European households.

    For subscribers

  • Foto: Green Power Denmark / Pr

    Every month counts in clean power rollout

    Speed is paramount when installing onshore and offshore turbines. A mere few years of delay could cost DKK billions, shows new analysis from Green Power Denmark.

    For subscribers

  • Foto: Evida

    CIP Foundation sets the pace on road towards hydrogen venture

    Costs for new hydrogen infrastructure amounts to DKK 130bn over the next 20 years, while export potential could mean more than DKK 100bn a year, posits new hydrogen roadmap.

    For subscribers

  • The race is on along the US east coast as to what port city can claim to be pacesetter within offshore wind and tap into the huge clean growth adventure ahead. | Foto: Ørsted

    MoU to pave the way for Danish business push in North Carolina

    Knowledge sharing might be the official headline of the MoU between the Danish Energy Agency and North Carolina, but the former still hopes it marks the start of a budding Danish business venture. 

    For subscribers

  • Despite vast hydrogen ambitions, Europe is struggling to lure in investments. | Foto: Waltraud Grubitzsch/AP/Ritzau Scanpix

    Hydrogen hype is raging but can’t lure investment to Europe

    As Europe seeks to exit fossil fuels, a relatively unproven alternative is forming the backbone of its clean-energy plans — but failing to convince investors. 
  • There will be a need for "very direct" and "limited" state aid for more specifically clean technologies, says business minister Morten Bødskov. | Foto: Finn Frandsen

    Copenhagen pledges to align subsidy scheme with EU trend

    The Danish government gears up to actively use mitigated EU subsidy regulation, bringing the country up to par with more affluent EU member nations.

    For subscribers

  • Foto: Jens Dresling

    New study: The trust in Europe's energy sector is declining

    Consultant thinks that the trust in Danish utility companies is at risk of disappearing.

    For subscribers

  • Cases are primarily made up of suspicious transactions where players perform so-called wash trades, trading with themselves across countries and price zones on the intraday market. | Foto: Thomas Borberg

    EU's energy agency flags suspicious transactions

    EU agency ACER has gone through 100,000 transactions, of which 1,000 have been shared with national regulators for further investigation.
  • Foto: Peter Hove Olesen

    Medias put Ukrainian leads at the end of Nord Stream investigation

    Multiple news outlets probe the German investigation of the sabotage of gas pipelines Nord Stream 1 and 2.
  • Solar PV and wind turbines should be allowed to take up more space if the EU is to achieve its renewable energy targets. But challenges are mounting. | Foto: Jens Dresling

    Report cites land shortage as potential challenge for green transition

    A fresh report from McKinsey & Company stresses that identifying and allocating sufficient land is crucial if EU is to achieve its decarbonization targets.

    For subscribers

  • The Danish Liberal Party's Asger Christensen and Jonas Pullich. | Foto: Pr

    Opinion: We need EU-wide nuclear power, and we need it now!

    Nuclear power ought to be a bigger part of Europe’s climate politics, write Danish MEP Asger Christensen and Danish candidate for Parliament Jonas Pullich.
  • Foto: Peter Hove Olesen

    Countries bolster ocean floor security upon Nord Stream blasts

    Norway and the UK have signed off on a deal to bolster protection of seabed infrastructure.
  • Danish Chamber of Commerce remains critical of the price on government’s offshore wind plans. And who will be stuck with the bill of the potential co-ownership | Foto: Jens Dresling

    Stakeholders fear state co-ownership may delay OSW rollout

    An untried tender scheme whereby the state assumes co-ownership of offshore wind farms is not the way forward, opines the Danish Chamber of Commerce.

    For subscribers

  • Foto: Thomas Borberg

    Global warming close to exceeding 1.5 degrees limit

    There is a 98% probability that the next five years will be the hottest ever recorded, says UN organization.
  • At the BASF production facility in Ludwigshafen, the annual power consumption amounts to approx. 6TWh – or roughly 1% of all of Germany’s electricity demand. | Foto: Basf/pr

    BASF warns: CfDs impede industry's mitigation strides

    The German chemical major touts more PPAs and fewer contracts for difference across the energy sector.

    For subscribers

  • Foto: Henrik Krogh/ørsted

    Danish government wants state co-ownership of new offshore turbines

    Denmark’s climate minister says the state should be joint owner of new wind turbines at sea. According to Børsen, the aim is a 25% stake.
  • Foto: vestas

    Downswing for US onshore wind in first quarter

    Onshore wind roll-out dipped during the year’s first quarter.
  • Danish parliamentarian Morten Helveg Petersen is deeply involved in the power market reform as a so-called shadow spokesperson. He is due to present any objections before May 23, when Parliament negotiations kick off. | Foto: Jens Hartmann

    EU rapporteur tightens power market revamp

    EU official charged with negotiating Parliament position on the power market reform looks to instate permanent cap for producers and earmark provenu from state-run energy projects to consumers.

    For subscribers

  • Foto: Rebecca Cook/Reuters/Ritzau Scanpix

    EV manufacturers forced into mining to procure minerals

    Manufacturers of electric vehicles are having difficulties securing sufficient battery volumes.
  • Foto: Phil Noble/Reuters/Ritzau Scanpix

    Brexit boosted UK energy costs by up to GBP 1.1bn last year

    A new analysis shows that losing access to the EU’s internal energy markets has increased British consumers’ energy bill in 2022.

    For subscribers

Latest news

  • German shipowners: Availability of green fuel is key to realizing shipping's climate target – 6 Jun
  • Ørsted squeezed in the US – 6 Jun
  • DNV verifies Polytech's leading edge protection Elle – 6 Jun
  • EU terminates power market crisis measures – 6 Jun
  • NKT to sign cable contract for offshore wind in Poland – 6 Jun
  • Norwegian carrier calls on customers to pay for decarbonization – 6 Jun
  • Dam blast poses no immediate threat to nuclear power plant – 6 Jun
  • Oil edges lower as economic worry outweighs production cuts – 6 Jun
  • New report: Shipping will use up half of all available biofuel in 2050 – 5 Jun
  • Norway to allow new offshore projects outside regular tenders – 5 Jun
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