Ecotricity, a UK green energy company, is developing a radical Wave power device called Searaser – which it believes can address two of the biggest barriers to the deployment of renewable energy on the scale that Britain needs – the issues of cost and intermittent output. Searaser is the brainchild of British engineer Alvin Smith; [...]
Alstom and the leading Scottish marine developer SSE Renewables have signed a new joint venture agreement to develop the Costa Head Wave Project, an up to 200 Megawatts (MW) wave energy site located north of mainland Orkney, in The Crown Estate’s Pentland Firth and Orkney Waters Strategic Area. Alstom and SSE Renewables will work together [...]
Pelamis Wave Power, a leading ocean power company based in Leith, UK has placed itself on the market according to several British newspapers. The company is hoping to attract the interest of a UK buyer such as BAE Systems or Rolls Royce if possible, that has the approximately U.S. $31 million required to bring their [...]
The U.S. Department of Energy (DOE) today released two nationwide resource assessments showing that waves and tidal currents off the nation’s coasts could contribute significantly to the United States’ total annual electricity production, further diversify the nation’s energy portfolio, and provide clean, renewable energy to coastal cities and communities. These new wave and tidal resource [...]
Updated information on the grounding of the Italian cruise ship Costa Concordia near the island of Giglio, Italy. Teams have been searching the ship for passengers and crew missing since the Costa Concordia struck rocks Friday evening and capsized. Rescuers exploded four holes in the hull of the ship earlier Tuesday to gain easier access [...]
Chevron Canada Limited, Statoil Canada Ltd. and Repsol E&P Canada Ltd. have concluded agreements to conduct exploration activities offshore in Atlantic Canada. Chevron and Statoil have also finalized another agreement for exploration activities in the Canadian Beaufort Sea. These new joint ventures over large blocks in deep water represent important strategic steps for all three [...]
The Norwegian oil and gas company Statoil ASA together with its partners Eni Norge AS and Petoro AS have made a substantial oil discovery in the Havis Prospect of the Barents Sea. This is the second high-impact discovery in the North in nine months. But despite this major new discovery, Statoil Chief Executive Helge Lund has [...]
An international team of scientists sailing onboard the research vessel JOIDES Resolution recently returned from installing observatories beneath the seafloor in “North Pond” – a remote area in the middle of the Atlantic Ocean. Scientists hope that data collected from these subseafloor observatories (known as CORKs, or Circulation Obviation Retrofit Kits), along with studies of [...]
The Southeastern Regional Sea Turtle Network (SERSTN) has assembled an impressive group of sea turtle technology vendors and non-profit exhibitors for the group’s February 1-4, 2012 inaugural meeting. Vendors will display all the latest technology and gear that every sea turtle scientist has on their wish list. Both sea turtles and sea turtle scientists depend [...]
As part of President Obama’s National Policy for the Stewardship of the Ocean, Our Coasts, and the Great Lakes, the National Ocean Council has released a draft National Ocean Policy Implementation Plan to address some of the most pressing challenges facing the U.S. oceans, coasts, and the Great Lakes. The draft Implementation Plan describes more [...]
A new green investment fund has acquired a significant shareholding in wave energy company Aquamarine Power. The deal sees the Environmental Energies Fund (EEF) acquire a portion of the shareholding previously held by SSE Ventures, the venture capital arm of SSE plc. The £95 million ($146 million U.S.) secondaries fund has been formed to acquire [...]
Scotland’s First Minister Alex Salmond will travel to the Middle East next week to sign a ground-breaking deal on renewables. Mr Salmond will sign Scotland up to a landmark agreement to develop tangible green energy products with the world’s leading innovator, Masdar, based in Abu Dhabi. The deal to be signed next Tuesday (January 17) [...]
The U.S. Bureau of Ocean Energy Management announced that it is taking the next steps in the review for a potential Mid-Atlantic Wind Energy Transmission Line. Atlantic Grid Holdings LLC has requested a right-of-way grant to develop the Atlantic Wind Connection, a proposed high-voltage direct current transmission line that would collect power generated by offshore [...]
PRESS RELEASE: A hemispherewide phenomenon – and not just regional forces – has caused record-breaking amounts of freshwater to accumulate in the Arctic’s Beaufort Sea. Frigid freshwater flowing into the Arctic Ocean from three of Russia’s mighty rivers was diverted hundreds of miles to a completely different part of the ocean in response to a [...]
Eco Wave Power has completed the construction and testing phase of its first sea wave energy generation models the “Wave Clapper”, and the “Power Wing”. The testing took place in the wave pool of the Hydro-Mechanical National Institute of Kiev. The “wave pool”, 2.5 meters depth, and 18 meters length, provided Eco Wave Power with [...]
The Bureau of Ocean Energy Management has completed a draft environmental impact statement regarding multiple oil and gas lease sales tentatively scheduled between 2012 and 2017 in the Western and Central Gulf of Mexico planning areas, offshore the states of Texas, Louisiana, Mississippi and Alabama. The proposed Outer Continental Shelf Oil and Gas Leasing Program: [...]
Ecotricity Enters Wave Energy Industry
Alstom and SSE Renewables Create Joint Venture to Co-Develop World’s Largest Wave Farm off the Coast of Scotland
Pelamis Wave Power Up for Sale
Major New Green Energy Fund Acquires Stake in Aquamarine Power
Eco Wave Power Company is Taking the Fast Track to Success
UK Government Steps in to Assure Future of Cornwall Wave Hub Site
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