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.

This outcome has drawn criticism from opposition politicians and environmental advocates.

The move is set to ignite transformative growth for ASCO Group, allowing it to venture further into the burgeoning renewables and new energy markets.

The SEAWORTHY project aims to harness the combined power of wave and wind resources to generate electricity while utilizing excess power to produce and store hydrogen.

The European Investment Bank conducted the 2022 Municipality Survey, which gathered insights from 744 municipalities in the EU. The findings highlight concerns related to funding, regulatory processes, and a lack of skilled labor required for successful green and digital transitions.

A package of green policies is expected to be announced to aid the UK’s net zero target, but what exactly are the hopes of the energy industry for the following day?

Worldwide renewable energy employment reached 12.7 million last year, a jump of 700,000 new jobs in one year despite the lingering effects of COVID-19 and the growing energy crisis, according to a new report by International Renewable Energy Agency (IRENA).

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.