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Ørsted acquiring 45% ownership of Liquid Wind FlagshipONE e-methanol project

Green Car Congress

Ørsted and Liquid Wind AB have reached an agreement under which Ørsted will acquire a 45% ownership share of Liquid Wind AB’s FlagshipONE e-methanol project. Liquid Wind AB plans to establish a series of facilities across Sweden to decarbonize the maritime sector, of which FlagshipONE will be the first. Earlier post.).

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Geely supporting Danish initiative on e-methanol with vehicle trials in Aalborg

Green Car Congress

Denmark has been a global leader in sustainability, and has pledged to reduce its carbon emissions by 70% by 2030. While the country is one of the world’s largest producers of wind and solar renewable energy, it faces the issue of renewable energy being weather-dependent and prone to fluctuation.

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Four EU countries set a massive offshore wind target of 65 GW by 2030

Electrek

Four EU countries – Belgium, Denmark, Germany, and the Netherlands – jointly announced yesterday that they have set an offshore wind target of at least 65 gigawatts (GW) by 2030 and then intend to more than double that combined total to 150 GW by 2050. GW of global offshore wind capacity.

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Ørsted takes final investment decision on green hydrogen project H2RES

Green Car Congress

Ørsted has taken final investment decision on the Danish demonstration project H2RES, which will use offshore wind energy to produce renewable hydrogen. Ørsted has over the past 18 months partnered with different consortia in seven renewable hydrogen projects in Denmark, Germany, the Netherlands, and the United Kingdom. Earlier post.)

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Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables. Some of the wind farms instead sit in clusters more than 100 kilometers out at sea.

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BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.

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Scandlines installing Norsepower’s rotor sail solution on board hybrid ferry

Green Car Congress

Ferry operator Scandlines signed an agreement with Norsepower Oy Ltd, leading clean technology and engineering company pioneering modern wind propulsion technology, to install Norsepower’s Rotor Sail Solution on board the M/V Copenhagen , a hybrid passenger ferry. Illustration of Scandlines hybrid ferry M/V Copenhagen with Rotor Sail.