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ABS sheds light on potential of floating nuclear-powered data centers

The US-based classification society American Bureau of Shipping (ABS) has, in partnership with naval architecture specialist Herbert Engineering Corp (HEC) published a study on floating nuclear-powered data centers, detailing design considerations for such centers supporting the rapid growth of artificial intelligence (AI), cloud computing and crypto currencies. The post ABS sheds light on potential of floating nuclear-powered data centers appeared first on Offshore Energy.

Commitment eyes $1bn green energy trade between India and Europe

A newly signed commitment between India-based AM Green and the Port of Rotterdam Authority holds the potential to create a green energy supply chain worth $1bn, according to the partners. Under a memorandum of understanding (MoU), the partners aim to achieve this by linking India’s net-zero clusters to Europe and supporting the development of key port infrastructure for distribution of hydrogen-based fuels and products. This could enable exports of up to one million tonnes per year as part of AM Green’s ambitious goal to develop five million tonnes of green ammonia production capacity by 2030. This is equivalent to about one million tonnes of green hydrogen, and part of a push to meet the rising global demand for green fuels such as sustainable aviation fuel (SAF). SAF could potentially decarbonise up to 65% of the… Read More »Commitment eyes $1bn green energy trade between India and Europe

Germany and UK to create hydrogen pipeline | Hydrogen

German transmission system operator Gascade and the UK’s National Gas will explore the feasibility of building an offshore pipeline that aims to create a cross-border hydrogen transport link. The UK-Germany Hydrogen Corridor project will comprise two offshore pipeline sections. The first originating from either Teesside in England or St. Fergus in Scotland, linking to Gascade’s AquaDuctus pipeline in the North Sea, which connects to the German coast. This will link the high production potential of the UK with rising demand in Germany – one of Europe’s biggest consumers of clean hydrogen. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld Source link

Saudi power-and-water firm explores $10bn-worth of Malaysia power

Saudi Arabia’s ACWA Power has entered into a memorandum of understanding (MoU) with the Malaysian Investment Development Authority to explore developing up to 12.5GW of power generation capacity by 2040, with an initial investment value of up to $10bn. The power and water desalination company has also signed up to partnering with Tenaga Nasional Berhad, Terengganu and UEM Lestra to conduct feasibility studies and jointly develop various energy projects, including combined cycle-gas turbine and large-scale water desalination. The tie-ups were announced at the ASEAN–GCC Summit in Kuala Lumpur. All parties will combine their expertise in renewables, water desalination, and green hydrogen to accelerate clean energy development. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld Source link

Sea Lion runs into setback as financing delays Falkland Islands’ $1.4B oil project

Israel’s Navitas Petroleum has put off a final investment decision (FID) for its giant Sea Lion oil project in the North Falkland Basin (NFB), pushing it to the second half of the year for Phase 1 to put a financing plan in place. The post Sea Lion runs into setback as financing delays Falkland Islands’ $1.4B oil project appeared first on Offshore Energy.

Denmark’s Project Greensand hires NOV for CO2 transfer solution

INEOS and its partners in Project Greensand, an initiative that aims to set up a large-scale carbon capture and storage (CCS) value chain offshore Denmark by 2026, have selected a provider of an offshore CO2 injection system for the project. The post Denmark’s Project Greensand hires NOV for CO2 transfer solution appeared first on Offshore Energy.

Sungrow partners with BrightHy to deliver hydrogen solutions in Iberia

Sungrow Hydrogen, a subsidiary of China’s energy solutions company Sungrow, and BrightHy Solutions, Fusion Fuel’s hydrogen solutions platform, have entered a strategic agency and partnership agreement to accelerate the deployment of hydrogen production equipment in Iberia. The post Sungrow partners with BrightHy to deliver hydrogen solutions in Iberia appeared first on Offshore Energy.