Equinor returns to PGS for another carbon storage project
Courtesy of PGS. On 5 April, Norway''s energy ministry awarded Equinor the operatorships for the two CO2 storage licenses referred to by the company as "Smeaheia" and "Polaris". In its application, Equinor submitted plans to develop the CO2 storage capacity in Smeaheia at 20 million tonnes annually. According to PGS, the
WATCH: Shell''s giant new FPSO sets off to North Sea on board Boskalis vessel
As China''s Offshore Oil Engineering Company (COOEC) has completed the construction of a circular floating production, storage and offloading (FPSO) vessel destined for Shell''s oil and gas project off the UK, this FPSO is now on its way to the
(PDF) Energy Storage Solutions for Offshore
The expected growth in the exploitation of offshore renewable energy sources, e.g., wind, provides an opportunity for decarbonising offshore assets and mitigating anthropogenic climate
Researchers to work on mega-scale liquid hydrogen storage systems
Business Developments & Projects. May 9, 2024, by Aida Čučuk. A team of University of Melbourne researchers will work with Australian and international industry partners to develop mega-scale liquid hydrogen storage systems and infrastructure for energy export terminals and vessels. Illustration; Archive.
Subsea energy storage as an enabler for floating offshore wind
Subsea energy storage is an emerging and promising alternative to conventional floating onboard energy storage. In this review, various potential subsea
(PDF) Energy Storage Solutions for Offshore
Energy Storage Solutions for Offshore Applications Yessica Arellano-Prieto 1, *, Elvia Chavez-Panduro 1, Pierluigi Salvo Rossi 1,2 and Francesco Finotti 1 1 SINTEF Energy Research, 7034
21 carbon storage licenses awarded in UK''s landmark licensing round
A total of 14 companies have been awarded 21 licenses in the UK''s first-ever carbon storage licensing round - said to have the potential to store almost 10% of UK greenhouse gas emissions. Shell, Perenco and Eni have all been awarded licenses off the coast of Norfolk in sites that could form part of the Bacton Energy Hub – a carbon
Energies | Free Full-Text | Energy Storage Solutions for
The expected growth in the exploitation of offshore renewable energy sources, e.g., wind, provides an opportunity for decarbonising offshore assets and mitigating anthropogenic climate
Offshore Geological Storage of Hydrogen: Is This Our Best Option to Achieve Net-Zero? | ACS Energy
Hydrogen storage in geol. formations is one of the most promising technologies for balancing major fluctuations between energy supply from renewable energy plants and energy demand of customers. If hydrogen gas is stored in a porous medium or if it leaks into a shallow aquifer, redox reactions can oxidize hydrogen and
Costs of energy storage systems on offshore hydrogen platforms can be reduced by 75%, study says
The costs for energy storage systems (ESS) on offshore hydrogen platforms can be reduced by 75%, making green offshore hydrogen production a feasible economic option as renewable fuel in the future, a study by
The Latest Energy Storage Gizmo Is An Ocean Battery
A new bladder-based energy storage system for offshore wind farms sounds crazy, but it earned a "Best of Innovation" award at CES 2022. The Intertubes are absolutely on fire with news about a new
New Energy Storage Technologies Empower Energy Transition
Based on a brief analysis of the global and Chinese energy storage markets in terms of size and future development, the publication delves into the relevant business models
Ocean Battery, the new utility-scale offshore energy storage
At CES 2022, Dutch startup Ocean Grazer has launched a new design for an energy storage system that functions a bit like a hydroelectric dam at the bottom of the sea. The "Ocean Battery" installed at the seabed is a modular utility-scale energy storage system that is produced by renewable sources such as wind turbines, floating solar farms
Two more CO2 storage areas up for grabs offshore Norway
March 11, 2024, by Nadja Skopljak. The Norwegian Ministry of Energy is inviting applications for two areas for CO2 injection and storage in the North Sea, representing the sixth time acreage is being announced for CO2 storage on the Norwegian Continental Shelf (NCS). Source: Norwegian Offshore Directorate.
IEEFA warns of overbuild of LNG import infrastructure in South Korea
According to IEEFA estimates, the country''s LNG industry is pouring ₩11.3 trillion ($8.7 billion) into an infrastructure build-out that has projects at the construction or planning stage to boost receiving capacity for the fossil fuel. Specifically, overall, incumbents and new entrants in the country''s LNG market aim to complete 11
New agreement to speed up carbon capture and storage element of HyNet
May 27, 2021, by Nermina Kulovic. Italian energy giant Eni and Progressive Energy have signed a framework agreement to further accelerate carbon capture and storage (CCS) within the HyNet North West low carbon cluster project. HyNet North West. Progressive Energy, Cadent, CF Fertilisers, Eni UK, Essar, Hanson, INOVYN, and the University of
Offshore Renewable Energy Storage
Offshore energy storage at PERG. Welcome to the home of the Offshore Renewable Energy Storage project at MIT. As part of the Precision Engineering Research Group PREG), We are developing a new type of pumped hydro system to store grid-scale amounts of energy in the ocean depths. As larger and larger wind turbines are built and placed
New cable layer joins Boskalis fleet following major conversion
Dutch offshore services giant Boskalis has commissioned its new cable-laying vessel (CLV) BOKA Ocean following a major conversion program. Photos: Herman IJsseling (Flying Focus) Boskalis welcomed BOKA Ocean to its fleet in August 2023 as a pipe-laying vessel, which was then converted into a broadly deployable cable layer.
North Sea offshore network and energy storage for large scale integration of renewables
The most important requirement for offshore energy storage is the immense magnitude of stored energy required to transform waste intermittent wind resources to a constantly available power supply. CAES systems could be placed offshore, utilizing underground formations, sub-sea tanks or even depleted oil reservoirs as their
Another carbon storage license awarded in UK North Sea
August 15, 2023, by Nadja Skopljak. Just shortly after news that the North Sea Transition Authority (NSTA) awarded a license for a carbon capture and storage (CCS) project to Perenco UK and Carbon Catalyst as part of its first competitive carbon storage license round, Wintershall Dea announced it had won one as well.
IET Renewable Power Generation Call for Papers Offshore Energy and Storage
This 2023 IET RPG Special Issue (SI), "Sea Opportunity" will seek high quality papers that highlight impactful new developments in the generation of renewable power from and across our oceans. This includes conversion of wind, solar, wave, and tidal sources into usable forms of energy. The Issue will equally focus on the development of
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Governor of New York Katy Hochul has announced $16.6 million in awards for five long-duration energy storage projects as well as an additional $17 million in competitive funding available for projects that advance the development and demonstration of scalable long
Viking and Acorn picked as two new clusters to expand UK''s carbon capture and storage industry
The UK government has selected two carbon capture and storage (CCS) projects to establish two new clusters through the Track 2 process. Acorn is a joint venture with four partner companies – Storegga, Shell UK, Harbour Energy, and North Sea Midstream Partners – developing decarbonisation projects in Scotland.
Energies | Free Full-Text | Energy Storage Solutions for Offshore
Increased renewable energy production and storage is a key pillar of net-zero emission. The expected growth in the exploitation of offshore renewable energy sources, e.g., wind, provides an opportunity for decarbonising offshore assets and mitigating anthropogenic climate change, which requires developing and using efficient
Investigating the efficiency of a novel offshore pumped hydro
We introduce a novel offshore pumped hydro energy storage system, the Ocean Battery, which can be integrated with variable renewable energy sources to provide bulk energy storage.
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November 17, 2022, by Amir Garanovic. Verlume, a specialist in clean energy system integration, intelligent energy management and energy storage, has appointed Robert Heron to the new role of product manager to help position the business for growth at scale. Robert Heron, Verlume''s product manager (Courtesy of Verlume)
FLASC – Renewable Energy Storage
A FLASC energy storage system within the windfarm introduces flexibility to the energy supply, increasing profitability which will enable a scale-up in new offshore windfarm
Offshore Energy and Storage 2024
The Growing OSES Family Gathers Again. The 8th Offshore Energy & Storage Symposium will take place from July 10 - July 12, Summer 2024 in New Bedford, Massachusetts on America''s East Coast. This event brings together researchers, industry players and policy makers dedicated to driving the development and growth of offshore
Long read Archives
The world''s leading exhibition and conference for maritime electrification, decarbonization and GHG reduction solutions returns to Amsterdam! Business Developments & Projects. about 1 month ago. long read.
Horisont Energi and Neptune Energy eye new CO2 storage license
Horisont Energi and Neptune Energy are set to apply for the license to operate an area for CO2 storage in the North Sea that Norway''s Ministry of Petroleum and Energy announced on 2 November. The parties plan to apply together, with Neptune Energy having the operatorship for the development phase and Horisont Energi taking
Buoyancy Energy Storage Technology: An energy storage solution
The proposed Buoyancy Energy Storage Technology (BEST) solution offers three main energy storage services. Firstly, BEST provisions weekly energy
Statement of feasibility for new offshore energy storage
To optimize the match between supply and demand of electricity from offshore wind farms, the University of Malta has developed a new energy storage concept named FLASC
Offshore Energy Today
Chinese energy firm packs its bags to join the exodus from Russia SLB OneSubsea''s new contract takes it to Equinor''s all-electric subsea project Transocean''s 24-year-old stacked rig going to mystery buyer next quarter
New voestalpine carbon-steel approved for LCO2 transport and storage
F550 TMCP toughcore, often referred to as the next generation carbon-steel, opens a new dimension of toughness, safety, and reliability to LCO2 transport and storage. Unlike conventional materials, F550 TMCP toughcore achieves positive Crack Tip Opening Displacement (CTOD) results at -40°C design temperature even in the Heat
Offshore wind energy storage concept for cost-of-rated-power savings
This study investigates a compressed air energy storage (CAES) and hydraulic power transmission (HPT) system concept. To assess cost impact, the NREL Cost and Scaling Model was modified to improve accuracy and robustness for offshore wind farms with large turbines. Special attention was paid to the support structure, installation,
Energy Storage Solutions for Offshore Applications
Offshore energy storage provides the opportunity to ensure a large-scale, secure sup ply of energy. A rapid technological advance is needed to enable fossil-fuel-free offshore
Norway offers two new offshore areas for CO2 storage | Reuters
OSLO, Sept 10 (Reuters) - Norway is offering two new offshore areas for companies interested in developing carbon dioxide storage, the oil and energy ministry said on Friday. The ministry has set
Offshore Energy Storage Market 2024 Porters Five Forces
The global Offshore Energy Storage market size was valued at USD 142.5 million in 2023 and is forecast to a readjusted size of USD 1445.9 million by 2030 with a CAGR of 39.2% The 2032 Global
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