In its new report “Solid Oxide Fuel Cells 2023-2033: Technology, Applications and Market Forecasts,” technology company IDTechEx provided an overview of the solid oxide fuel cell (SOFC) market and projected its value to reach $6.8 billion by 2033. Courtesy of IDTechEx More specifically, the report includes an assessment of the
Overseas Shipholding Group (OSG), a major American shipping company, has launched efforts to explore the potential of carbon capture and storage as part of its GHG emission reduction strategy. OSG 204 Image Courtesy: Business wire/OSG To that end, OSG has established a new subsidiary, Aptamus LLC in Delaware, which will
The companies awarded by MEA get the opportunity to work closely together with a transnational team of Marine Energy experts on both the technical advancement of their technology, as well as the development of their commercial strategy and business plans. Each service offer is intended to put the company’s technology
Despite oil demand in the transport sector being forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement, the recent Transport in Transition report from DNV shows. Cap Diamant; Source: Euronav Today, transport of passengers and goods accounts
German e-fuels supplier INERATEC has signed a memorandum of understanding (MoU) with Zenith Energy Terminals to build a power-to-liquid (PtL) plant in the port of Amsterdam. Courtesy of INERATEC As disclosed, the planned facility will produce up to 35,000 tonnes of e-fuels per year from locally generated and imported green
Electrofuels provider Infinium has manufactured a ton of its proprietary, patented CO2 conversion catalyst at its facility in West Sacramento, California, US. Illustration / Courtesy of Infinium According to Infinium, its catalyst is a critical component in the creation of electrofuels (eFuels), a new class of synthetic fuels that replaces
AW-Energy, a Finnish near-shore wave energy technology developer, has signed a memorandum of understanding with Kaoko Green Energy Solutions for the deployment of WaveRoller wave energy farms offshore Namibia. The signing of the MoU (Courtesy of AW-Energy) The signing of the MoU (Courtesy of AW-Energy) The memorandum of understanding (MoU)
Danish container shipping heavyweight Maersk has hailed the agreement reached on the new FuelEU Maritime regulation, a first-of-its-kind legislation designed to speed up the adoption of green fuels and promote decarbonisation in the shipping industry by the end of the decade. Image credit Maersk FuelEU Maritime takes a comprehensive approach