Greece to Spend 780 Million Euros to Protect Marine Biodiversity
protection at the "Our Ocean" conference, which Athens will host this year and which will be attended by about 120 countries.More than 400 new commitments amounting to $10 billion will be announced during the conference, said a government official, speaking on condition of anonymity.The European Union's Copernicus Climate Change Service said last month that ocean temperatures hit a record high in February, in a dataset that goes back to 1979. Overfishing and plastic pollution are also major threats to oceans.Plastics entering the world's oceans could nearly triple by 2040 if no further
European Wave Energy Project Gets $4.4M Funding Boost
European Union’s Horizon program has approved a $4.4 million grant for SHY project, which will develop a new power take-off (PTO) system with advanced control strategy, aimed at reducing the cost of wave energy.SHY project, short for Seawater Hydraulic PTO using dynamic passive controller for wave energy converters, is a collaborative project whose aim is to develop key components of a seawater hydraulic PTO system, coupled with an advanced control strategy.The dual focus aims to reduce the levelized cost of energy (LCOE) while minimizing the environmental impact at the same time.The SHY project
Top 10 Things to Watch in Offshore Wind in '24
Dynamic Energy TrilemmaThe dynamic relationship of the three key drivers of affordable energy, energy security and energy transition was clearly evident in 2023 as energy affordability and security were generally more prominent themes than the transition. 2024 will see a raft of elections within the European Union, and in the UK, the USA and Taiwan, all countries with large offshore wind programs. The speed of the energy transition and by extension offshore wind development depends, to some extent, on the outcome of these elections.2. Solid FoundationsDespite the questions surrounding the speed of offshore
EU Grants $2.7M for Research Into Novel Concrete Materials for Offshore Renewables
The WECHULL+ project, co-ordinated by RISE Research Institutes of Sweden, has received a $2.7 million grant from the European Union to develop novel floating structures based on high-performance concrete for offshore renewable energy sector.The project, funded by the EU Clean Energy Transition Partnership (CETP) program, will develop and test new floating structures in an effort to reduce cost and CO2 footprint, as well as improve circularity and reliability in the offshore renewable energy sector.The three-year project, starting in December 2023, is implemented by a consortium of research organizations
Major Gas Supplier Norway Closely Monitoring Baltic Sea Pipe Burst Probe
in the Gulf of Finland, when a pipeline and a data cable were damaged due to "outside activity" according to Finnish authorities, has stoked concerns about the security of energy supply in the wider Nordic region.Norway exported more than 120 billion cubic meters of gas in 2022 to the European Union and Britain, mainly via a system of some 22 pipelines spreading over more than 8,800 km (5,470 miles)."We are now in close dialogue with the relevant security authorities and are following the situation closely to assess relevant security measures," a spokesperson for Gassco, which
Romania Deploys Vessel, Helicopter to Find Stray Black Sea Mines
, Georgia and Turkey, as well as Ukraine and Russia.Romania's navy said its divers were still investigating whether the explosion at the pier, which claimed no victims, was caused by a mine.Reports of a separate mine drifting near the port of Mangalia were unfounded, it said.Romania, both a European Union and NATO member, shares a 650-km (400 mile) border with Ukraine, is host to a U.S. ballistic missile defense system and, as of last year, has a permanent alliance battlegroup stationed on its territory.(Reuters - Reporting by Luiza Ilie; Editing by John Stonestreet
Nexans to Install Section of World's Longest and Deepest Interconnector
three nations with the capability of increasing to 2,000 MW, the equivalent to three million households’ average electricity consumption.Pole One is expected to be completed in 2028 and Pole Two in 2029. The interconnector has been designated as a Project of Common Interest (PCI) by the European Union which will allow the project to benefit from accelerated planning and permitting, lower administrative costs, and public participation. To qualify as a PCI, a project must also contribute to the European Union’s energy and climate goals, and as a result, much of the electricity being shared
Wave-Wind Offshore Platform with Hydrogen: Floating Power Plant's SEAWORTHY Selected for EU Grant
the technology's immense potential and readiness for wider adoption, Floating Power Plant said.Anders Køhler states: "By delivering green dispatchable power, we firmly believe this project has the potential to reshape how we generate and utilize renewable energy and support the European Union's commitment to fostering clean and sustainable energy solutions, recognizing the pivotal role of innovative companies in driving the global energy transition."
Windstaller Alliance to Deliver FEED for World's Most Powerful Tidal Power Farm
Windstaller Alliance has been subcontracted to deliver the front-end engineering and design (FEED) for the subsea installation scope of the FloWatt Tidal Pilot to be installed offshore Normandy, France. This study is financed by the European Union program “The Tidal Stream Industry Energiser Project,” known as TIGER.Windstaller Alliance is a joint venture between Aker Solutions, DeepOcean, and Solstad Offshore.The TIGER project is expected to drive the growth of tidal stream energy to become a greater part of the energy mix, with significant benefits for coastal communities. The
February 2024
