Submarine Power Cables Protection
in various offshore renewable energy sources such as wind, wave and tidal installations to transfer power to shore, but also in oil and gas platforms and ocean science observatories. They ensure the power supply to remote areas and by connecting regional electrical transmissions enable global energy trading. The growing importance of the marine renewable energy sector and the word’s focus on environmental issues have made submarine power cables an infrastructure of critical importance. Most efficient and reliable installation and protection methods are the main concern of engineers
DONG Energy to Exit O&G Business
specialist EIC said it recently sold its holdings in DONG at around 275 Danish crowns, after buying into the June IPO. "We only see limited upside for the company compared with riskier assets," said EIC fund manager Andreas Schneller, adding that EIC had bought into power plant and energy trading firm Uniper during a recent power price rally. Schneller sees it as positive that DONG is selling its oil and gas business, as "there's hardly any growth in this area." Norwegian Interest DONG has stakes in 24 fields off Norway, including a 14-percent stake in Ormen Lange
ABB Wins $140 Mln Order for HVDC Station
development is co-financed by the European Union and will mark a step toward European renewable energy targets. In addition to allowing the integration of more renewable energy into the grid, the interconnector project will provide enhanced power security and offer additional opportunities for energy trading. “ABB has an unparalleled track record of HVDC interconnections and is playing a key role in enabling the vision of a European grid,” said Claudio Facchin, president of ABB's Power Grids division. “The integration of renewable energy and the development of interconnections
Senergy Makes Several Shifts in Senior Management
Pacific energy services manager in power engineering, Mr. Jones will be based in Melbourne and will oversee the region’s alternative energy business. Mr. Jones has more than 15 years' industry experience including transmission operation with Hydro Tasmania, electric market operation at NEMMCO, energy trading and regulatory affairs with Origin Energy, and energy policy for the Tasmanian Government. He joined Senergy in 2009 as business development manager from wind farm development company, Roaring 40s. Mr. DiBenedetto will lead and manage the day-to-day delivery and growth of the subsurface business