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Energy

BNP Paribas Group has recently announced their new policies relating to the shift towards renewable energy. The group will no longer do business with companies whose principal business activity is the exploration, production, distribution, marketing or trading of oil and gas from shale and/or oil from tar sands.

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For the first time, a research project will investigate the possibility of storing wind and solar power at a former gas field. The storage project is based on “power to gas technology”, which converts electricity generated in this way into a mixture of methane and hydrogen.

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Statoil has signed an agreement to acquire a 40% share in the construction ready 162MW Apodi solar asset in Brazil from Scatec Solar, a Norwegian independent solar power producer.

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The technology group Wärtsilä will support the Indian company Arkay Energy (Rameswarm) Limited to reach higher electrical output and productivity, better operational security and increased efficiency of its power plant in a remote and developing area.

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Liv Hovem will take over as CEO of DNV GL’s Oil & Gas business area, starting 1st January 2018, which provides integrated technical assurance and advisory services to operators, suppliers and regulators across the oil and gas value chain, from project initiation to decommissioning.

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Siemens Gamesa Renewable Energy has appointed Alan Feeley as its new Chief Cyber Security Officer.

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EEF, the UK manufacturers’ organisation, has called on the UK Government to clarify reciprocal rights for EU workers as a matter of urgency as a new survey warns of a recruitment crunch if Britain’s businesses are denied access to skills from across the European Union.

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ScottishPower Renewables has received government approval to build the East Anglia THREE offshore windfarm with an output capacity of up to 1,200 MW.

The planning consent will allow for the installation of larger and more efficient ‘next generation’ turbines, up to a tip height of 247 metres. This is two-and-a-half times the size of Big Ben (96 metres).

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