The initiative follows a report by Offshore Wind Consultants (OWC) that explores the synergies between offshore wind and wave energy and the advantages of sharing infrastructure, services, and supply chains.
The representatives of a number of European energy industry associations and universities have issued a joint letter, urging for the adoption of a European-wide 45% or higher renewable energy target by 2030 to counteract rising energy prices.
French green hydrogen technology developer Lhyfe has started working on the installation of an electrolyser on Geps Techno’s hybrid renewable energy platform, which will produce green hydrogen from marine renewable energy sources.
The transition to renewable energy is not without its challenges, but today’s markets are increasingly shifting in response to it. Understanding the massive swings in energy supply and demand taking place will enable oil and gas traders to confidently plan for the years ahead, especially as capital allocations shift in response to market signals.
French independent renewable energy producer Qair has signed a partnership agreement with business accelerator for marine renewable energy Bretagne Ocean Power to jointly contribute to the deployment of floating offshore wind, renewable hydrogen and tidal stream energy in the French region of Brittany.