The Norwegian firm reports decline in several items compared to the same quarter of 2021 but predicts fine advancement in the rest of 2022, for which both floating wind projects and high energy prices show promise.
Under a binding heads of terms deal, the two Norwegian firms have sketched out a future long-term physical renewable power supply agreement, whereby Statkraft will deliver energy to Freyr’s planned battery facility.
The German utility is concerned that elements of the new EU plans will end up curtailing the roll-out of hydrogen and that Repower EU could potentially run counter to the entire purpose of emissions trading.
Copenhagen Infrastructure Partners, one of the world’s biggest green asset managers, presents its vision for yet another Danish energy island in the North Sea where wind power will be converted into green hydrogen.
A new study from the University of Aarhus has studied how expansive Europe’s ambitions need to be to meet the Paris Agreement targets. Even with the large-scale RePowerEU proposal, Europe has a long way to go.
By producing hydrogen directly from turbines, the utility wants to reduce energy loss and save money. The company has just received state subsidies to develop the first turbine of this kind in the UK, providing a much more efficient solution than other alternatives, says CEO Anna Borg.