Sea Wanderer World Maritime News’ Post

We were at the SuperReturn Energy Transition conference in Berlin, where our CFO Alastair Maxwell was invited to speak as a panellist on the decarbonisation of the transport sector! Key points: - Green fuels such as methanol will play a meaningful and key role in hard to abate sectors like shipping and aviation. - Onshoring of development and construction of green fuels projects is a matter of national security. - Government support is absolutely critical in providing supply side subsidies to reduce production cost, and demand side incentives to drive green fuel adoption. - While costs of funding still need to come down, availability of funding is more important as the market will need committed investors who are willing to work with developers through less conventional risks in order to access higher returns. #C2X #SuperReturn #SuperReturnBerlin #PtX #GreenMethanol

We welcome the provisional agreement on the Net Zero Industry Act aimed at enhancing Europe's cleantech manufacturing capacity at a challenging time for the industry. Through the non-price criteria, NZIA embodies Europe's support for its local industry, with environmental and social sustainability as differentiating competitive factors. It is a clear signal sent to European manufacturers and investors that Europe is willing to act to support strategic sectors and strategic projects. We are also encouraged to see the emergence of acceleration zones for clean technologies in the NZIA Valleys provisions.

“Northvolt, H2 Green Steel och nu Flagship One” – Dagens Industri Last Friday at a COP28 session Ørsted’s Olivia Breese took to the stage with Bill Gates and Maroš Šefčovič to announce that Breakthrough Energy Catalyst, the European Investment Bank (EIB) and European Commission are partnering with Ørsted to deliver Europe’s largest green fuels plant, Flagship One in Sweden’s Örnsköldsvik. This partnership will support the real action we’re taking to mature the technologies needed to decarbonize hard to abate sectors like shipping, and having these world class partners join us is a testament to Sweden’s enormous potential to lead Europe’s transition to a fossil-free world. From Örnsköldsvik to Ystad, Ørsted is working hard to support Sweden’s energy transition and we are convinced that offshore wind and green fuels have the potential to make Sweden a more prosperous, secure and competitive country. We look forward to continuing our collaboration with Swedish industry, government and partners to realise this potential together. https://lnkd.in/e_ctgCRs

On 6 February, political consensus on the Net Zero Industry Act was achieved. NZIA aims to enhance EU net-zero technology manufacturing by streamlining permitting processes, improving market access, and enhancing skills, all geared towards meeting 40% of demand by 2030. It remains to be confirmed to which extent energy storage technologies made the final cut of the unified list comprising 17 technology categories, all eligible for strategic project designation, entailing the full benefits outlined in the text, such as access to financing. Moreover, preliminary information does not contain any news on additional funding needed for the deployment of cleantech industry in Europe. EASE will continue to provide updates on the NZIA. Next steps: approval of the informal agreement by the Parliament and Council. Read more here: https://lnkd.in/e4Ak5vcY

At the 3rd Annual World Electrolysis Congress, Johann Wiebe from Hydrogen Standard interviewed our Sustainable Energy Technology Lead, Charles Cooke, who gave an exclusive insight into how we tackle challenges at TTP to get technology to market faster. Watch the full interview👇 https://lnkd.in/dG3KWeHy World Hydrogen Leaders

A number of State and Federal Government Initiatives have just been announced to assist Manufacturing Industry as per below: 1. New South Wales Clean Technology Innovation To accelerate the research, development and commercialisation of emerging clean technologies. Clean Technology Commercial readiness stream EOI open 26/02/2024 EOI closes 05/04/2024 Detailed Applications Open 10/06/2024 Detailed Applications close 02/08/2024 Clean Technology Project Development stream Applications Open: 26/02/2024 Applications Close 03/05/2024 Low Carbon Product Manufacturing Expand and increase our local manufacturing capacity of low carbon products and materials Low Carbon Product Manufacturing Construction Ready Stream EOI open 26/02/2024 EOI closes 19/04/2024 Detailed Applications Open: 1st July 2024 Detailed Applications Close 6th September 2024 Low Carbon Product Manufacturing Project Development Stream Detailed Applications open: 26th February 2024 Detailed Applications close: 3rd May 2024 Net Zero Manufacturing | NSW Climate and Energy Action Renewable Manufacturing To expand and increase our local manufacturing capacity of components of renewable energy EOI Open: 26th February 2024 EOI Close 19th April 2024 Detailed Applications Open: 1st July 2024 Detailed Applications Close: 6th September 2024 https://lnkd.in/gM2ZN6c7 2. National International Partnership in Critical Minerals Provides critical minerals business up to $20m in funding to grow end to end supply chains with Australia’s international partners. Grant amount: Between $2m to $20m to cover up to 50% of eligible expenditure Round 1: Applications must be submitted by 13 March 2024 to be considered for that round https://lnkd.in/gdiRN9BB Fantastic opportunities to leverage our industry capabilities and strife towards sustainable future. #manufacturing #manufacturingexcellence #manufacturinginnovation #sustainability #sustainabilityjourney

The U.S. Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) is reopening of its carbon management program. Up to $24 million in funding is now available to support innovative CO2 transport solutions for permanent geologic storage or conversion into useful products. This initiative, a key part of President Biden’s Investing in America agenda, aims to build a large-scale carbon storage industry essential for achieving a net-zero emissions economy by 2050. Whether by pipelines, rail, trucks, barges, or ships, the focus is on safe, region-specific transport solutions. To meet the U.S.'s net-zero commitments, the nation needs to capture and store up to 1,800 million metric tons of CO2 annually by 2050. This requires a massive expansion of its CO2 transport network, connecting sources like industrial facilities and power plants to secure storage sites or locations for conversion into fuels, chemicals, and building materials. Key highlights: 🔹 $24M available for FEED studies on CO2 transport networks. 🔹 Focus on cost, network configurations, and industrial-scale deployment. 🔹 Emphasis on environmental justice, equity, community engagement, and workforce development. Since January 2021, FECM has committed $853 million to advancing carbon transport and storage technologies, driving economic development, innovation, and high-wage jobs in the clean energy sector. The application deadline is July 9, 2024. Reach out to us to learn how Energy Transition Finance LLC can help accelerate your sustainable project through public-private partnerships and government funding: https://hubs.la/Q02xsb640 #Sustainability #CarbonManagement #CleanEnergy #NetZero #DOE #FECM #InvestingInAmerica

The fusion of energy and technology plays a crucial role across all industries. Their symbiotic relationship is essential for the success of every sector. I believe the future of energy is at the core of technological advancement and impacts all other industries.

🌍🔋 Unlocking the energy transition via private markets 🔋🌍 We're excited to share our report, "Energy Systems of Tomorrow," which explores the lifetime investment opportunity for Limited Partners and their critical role in the energy transition. 📢 Discover how long-term investments can catalyse the required transformative shifts in the energy sector to tackle the climate challenge. Our analysis highlights the critical role of venture capital, infrastructure and other private market investors in driving the transition to a sustainable energy system through responsible and impactful capital allocation decisions. 🔗 Read the full report and join us on this journey towards a sustainable energy landscape: https://shorturl.at/2b064 #EnergyTransition #PrivateMarkets #ImpactInvesting #PrivateEquity #Innovation #CleanEnergy

In a pivotal interview, K.Somruedee CEO of Banpu stresses the crucial strides towards Net Zero by 2030, underscoring innovative energy advancements and a deep-rooted commitment to sustainability. #NetZero2030 #SustainableEnergy #InnovativeLeadership #Banpu✨🌿