Woodside Energy has agreed with four Japanese companies to study a potential carbon capture and storage value chain between Japan and Australia. Woodside, Sumitomo Corporation, JFE Steel Corporation, Sumitomo Osaka Cement Co and Kawasaki Kisen Kaisha will study the capture, storage and transportation of carbon dioxide (CO2) emissions from the Setouchi and Shikoku regions of Japan and the injection and storage of the CO2 at Australian storage sites.

Norway has approved the appointment of PGNiG as operator and partner with Horisont Energi in Polaris (CO2 exploration licence EXL003), the only CO2 storage located in the Barents Sea.

Statkraft is investing 6 billion euros in Norwegian hydro and wind power facilities. The investment will include 1 billion euros in onshore wind farms; 2500 GWh or more wind power production (more than double the current production).  

Equinor and Linde have agreed to develop the H2M Eemshaven low carbon hydrogen project in The Netherlands by 2028. Equinor will secure access to carbon transport and storage capacity and offer low carbon hydrogen to the market. Linde will build, co-own and operate the hydrogen production and carbon capture and transfer facility. The facility in the Eemshaven industrial area will reform natural gas from the Norwegian continental shelf to low-carbon hydrogen with CO2 capture and storage (CCS). More than 95% of the CO2 will be captured and stored under the seabed offshore Norway.

The US Bureau of Ocean Energy Management (BOEM) has launched a public consultation on a draft development of six wind lease areas offshore New York and New Jersey (the New York Bight). Development of leases, totalling over 488,000 acres, could generate 5.6 to 7 GW.  

The US Energy Information Administration (EIA) expects solar electric generation to account for 7% of total US electricity generation in 2025, up from 4% in 2023.