The Dutch government has granted a consortium including Shell and ExxonMobil $2.4 billion in subsidies to develop what is set to become one of the largest carbon capture and storage (CCS) projects in the world at the Port of Rotterdam.
The Dutch government has granted a consortium including Shell and ExxonMobil $2.4 billion in subsidies to develop what is set to become one of the largest carbon capture and storage (CCS) projects in the world at the Port of Rotterdam. The project aims to capture CO2 emitted by factories and refineries in the Rotterdam port area and store it in empty Dutch gas fields in the North Sea.
The US has approved the construction of the Vineyard Wind project – the first large-scale, offshore wind project in the United States. The 800-megawatt Vineyard Wind energy project will contribute to the Biden administration’s goal of generating 30 gigawatts of energy from offshore wind by 2030. The project will be located approx. 12 nautical miles offshore Martha’s Vineyard.
Vineyard Wind will install 84 or fewer turbines off Massachusetts as part of an 800-megawatt offshore wind energy facility. It will power 400,000 homes.
Total shareholders have voted to change the company’s name from Total to TotalEnergies with an accompanying new logo to signify its transformation into a broader energy company.
IGas has received planning approval from Stoke-on-Trent City Council in the UK for a deep geothermal project in the Etruria Valley that will supply zero carbon heat to the city for decades to come.
BP is buying 9GW of solar development projects in the US from independent US solar developer 7X Energy for $220 million. The deal will grow BP’s renewables pipeline from 14GW to 23GW. The assets will be developed through BP’s 50-50 solar joint venture Lightsource BP.
Cerulean Winds has launched plans for an integrated 200-turbine floating wind and hydrogen development that could abate 20 million tonnes of CO2 through simultaneous projects in the UK North Sea West of Shetland and in the Central North Sea. The £10 billion venture is now calling on UK and Scottish governments to grant seabed leases. Cerulean Winds is led by entrepreneurs Dan Jackson and Mark Dixon, who work together on large-scale offshore infrastructure developments in the oil and gas industry.
