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First reference installation of Opcon Waste Heat Recovery technology for ships; potential for 5–10% fuel savings

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Opcon, in collaboration with Wallenius Marine, recently completed the first reference installation of its Waste Heat Recovery technology for ocean-going vessels in a project supported by the Swedish Energy Agency. The company has now received official approval from Lloyd’s Register for use at sea. Opcon Powerbox ORC Marine version.

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Hyundai Heavy developing its own floating LNG ship

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PETRONAS has awarded Daewoo Shipbuilding & Marine Engineering Co., The topside includes not only liquefaction and pre-treatment units but also utilities such as fresh water supply unit, the air compression, heat source and power generation systems. Earlier post.) in a consortium with Technip, an FLNG development project as well.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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The KPMG study, “Expect the Unexpected: Building Business Value in a Changing World”, explores issues such as climate change, energy and fuel volatility, water availability and cost and resource availability, as well as population growth spawning new urban centers. Source: KPMG. Click to enlarge. billion by 2032.

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Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

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The study profiled 25 companies that aim to commercialize these technologies in the next five (i.e., Will be competitive at an oil price of $45 to $90 at their commercial date. This is coupled with the innovation seen in first-generation players to drive down costs, energy and water use, and GHG emissions. Revolutionary.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Wind, solar, biomass and waste-to-power, geothermal, small hydro and marine power contributed an estimated 9.1% billion, the largest single renewable energy asset finance deal ever, outside large hydro—that of the 600MW Gemini project in Dutch waters. Additional to China, Brazil ($7.6 billion), India ($7.4

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State Department releases Keystone XL Final Supplemental Environmental Impact Statement

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Over the long term, lower-than-expected oil prices could affect the outlook for oil sands production, and in certain scenarios higher transportation costs resulting from pipeline constraints could exacerbate the impacts of low prices.

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