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High Deployments, Low Costs - The 2030 Vision for Ocean Energy

3 GW of ocean energy could be deployed worldwide, with costs falling to around €90/MWh for tidal stream and €110/MWh for wave energy, according to a new publication by industry body Ocean Energy Europe. The 2030 Ocean Energy Vision, launched on Tuesday, October 13, 2020, charts an exciting path for ocean energy’s roll-out over the coming decade.



ABPmer Supports Study of Floating Offshore Wind O&M Costs

ABPmer recently supported a study by Offshore Wind Innovation Hub (OWIH) into potential operation and maintenance (O&M) costs for floating offshore wind. As part of their Industry Insight Series, the Hub’s new report ‘Floating wind: Cost modelling of major repair strategies’, looks at options for these repairs, estimated at 23% of annual O&M costs.

Ørsted and Yara Join Forces for Groundbreaking Green Ammonia Project

Ørsted, the world's leading offshore wind developer, and Yara, the world's leading fertilizer company, have joined forces in developing a pioneering project aiming at replacing fossil hydrogen with renewable hydrogen in the production of ammonia with the potential to abate more than 100,000 tonnes of CO2 per year, equivalent to taking 50,000 conventional cars off the road.

Launching of Marine Offshore Renewable Energy Lab (MORE)

Sea energy is the greatest renewable energy source in the world: the estimated global wave power generation along terrestrial coastlines is 2 TeraWatt, around 18 thousand billion kilowatt hours per year - that is almost the annual power requirement of the planet. Furthermore, wave energy is predictable, constant and more flexible than other renewable sources.

Major International Carbon Capture and Storage Partnership

Three international organizations specializing in technology research, testing, advisory services, and standardization have joined forces to find new ways to accelerate the adoption of carbon capture, utilization and storage (CCUS) technology in emissions-heavy industries.

New Scottish Supply Chain Group for Floating Offshore Wind Formed

A new group has been set up to make sure Scotland’s energy supply chain companies benefit from new floating offshore wind projects in Scotland and the UK. The announcement this week from Prime Minister, Boris Johnston, that the UK now has a 1GW floating target by 2030 further cements the role of floating offshore wind in the UK’s drive to become the “Saudi Arabia of offshore wind power” and is tremendous news for the supply chain.

Akselos and EPFL Awarded Major Innovation Grant by Swiss Government

Deep Tech engineering firm Akselos and École Polytechnique Fédérale de Lausanne (EPFL) have won a major grant from the Swiss Innovation Agency (Innosuisse), worth 1.2 million Swiss francs to deliver a next-generation structural design and assessment tool for wind turbines.

Equinor Chooses Odfjell to Drill 15 Wells at Breidablikk

A letter of intent has been issued to Odfjell Drilling and the Deepsea Aberdeen rig for drilling of 15 wells for the Breidablikk group, for which the partnership recently submitted the plan for development and operation (PDO). Drilling is scheduled to start in the spring of 2022, and the campaign is estimated to last until the autumn of 2024.

ULSTEIN J102 Zero Emission Wind Turbine Installation Vessel

Zero-emission operations can be a reality already today and do not have to be a future option, says Ulstein. Their second hydrogen hybrid design for the offshore wind industry, the ULSTEIN J102 zero emission wind turbine installation vessel (WTIV), can operate 75% of the time in zero emission mode. Using readily available technology, the additional cost is limited to less than 5% of the total CAPEX.

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