energy management

The Parched Lifeline of Europe Issues a Trade Disruption Alert

Credit: Timelab Pro/Unsplash

Weak Rhine waters are causing barge traffic to be disrupted and shipping costs to rise, which may be an early sign that the continent needs to prepare for a repeat of the seismic economic shock brought on by the drought last year, as reported by Bloomberg.

Transporting diesel

The river measure at Kaub, a significant crossroads in western Germany, is at its lowest level for this time of year since 2017. Any badges that want to transport diesel deeper into inland Europe...

https://mfame.guru/the-parched-lifeline-of-europe-issues-a-trade-disruption-alert/

Data is revolutionizing the maritime industry

SPONSORED CONTENT: Stay ahead with the hardware and software that propels your energy management strategy.

Driven by data

Marorka Onboard is a maritime energy management and operational performance system. It monitors your ship’s performance, give decision support to optimize fuel consumption which can lead to reduced emissions. Located on-board the vessel, it equips you with performance monitoring, electronic measurement logging, simulation-based decision support and also extensive energy and...

https://www.marinelog.com/news/data-is-revolutionizing-the-maritime-industry/

UNCTAD highlights the urgency of green finance

UNCTAD launched its 2019 Trade and Development report, focusing on the global financial crisis in relation with the battle against climate change, arguing that the struggle to create jobs is real, the environmental breakdown being a serious threat, adding that these challenges have resulted to new targets and goals to ensure a sustainable and safe future.

Overall, the UN Sustainable Development Goals (SDGs) can be accomplished by 2030, under the condition that political schemes changes the rules...

https://safety4sea.com/unctad-highlights-the-urgency-of-green-finance/

Gas to account 29% of world energy mix by 2050

By mid-century, the energy mix will be split almost equally between fossil and non-fossil sources, with oil declining steeply after 2030, but gas continuing to grow before leveling off at 29% of the energy mix by 2050, says DNV GL in its latest Energy Transition Outlook.

In light of an increasing need for decarbonization, oil and gas industry should keep sight of its responsibility to address the energy trilemma: how to provide a secure supply of both green and affordable energy, DNV GL stresses...

https://safety4sea.com/gas-to-account-29-of-world-energy-mix-by-2050/

How to keep emissions gap well below 2°C

energy transition outlook
In light of DNV GL’s Energy Transition Outlook 2019 launch, this infographic describes 10 measures that aim to help close the emissions gap to well below 2°C. However, DNV GL added that policies must also be developed in order to mitigate at least three fronts at the same time: higher energy efficiency, more renewables, and industrial-scale CCS.

According to the report, technologies have the ability to deliver the COP 21 1.5°C target. Nevertheless, it mentions that this will not be able with the...

https://safety4sea.com/how-to-keep-emissions-gap-well-below-2c/

The road to 2050 energy transition

2050 timeline energy
In the most recent Energy Transition Outlook, DNV GL presents its timeline of the next 30 years of the energy transition, which shows many astonishing milestones. Namely, the one of the key takeaways of the timeline is the peak of energy supply and demand, but there are other significant milestones as well.

According to the timeline oil will peak at 2022, while 4 years later transport energy demand will peak. Four years after, in 2030, the world will see another significant peak, with nuclear...

https://safety4sea.com/the-road-to-2050-energy-transition/

DNV GL Energy Transition Outlook: Stronger policies needed to meet climate goals

DNV GL issued its Energy Transition Outlook for 2019 examining the energy future through to 2050. The forecast says the technology available is able to deliver the Paris Agreement climate goals, but only with strongly enforced policies aimed to enhance Nationally Determined Contributions.

Our work…gives us the confidence to say that technology can deliver the future that we desire – including meeting the 1.5°C warming limit established by the IPCC. The critical questions are how and when that...

https://safety4sea.com/dnv-gl-energy-transition-outlook-stronger-policies-needed-to-meet-climate-goals/

New fuels, energy efficiency to be key in meeting IMO GHG goals

As part of its Energy Transition Outlook 2019, DNV GL provided an independent outlook on the maritime energy future examining how the energy transition will affect the industry. The special focus this year is the challenge of meeting the IMO GHG-reduction strategy, and the potential implications for the ecosystem of maritime stakeholders. The report forecasts that new fuels, alongside energy efficiency, will play a key role on meeting the IMO greenhouse gas ambitions.

Key findings

  • To meet the...

https://safety4sea.com/new-fuels-energy-efficiency-to-be-key-in-meeting-imo-ghg-goals/

MAN Energy Solutions to promote hydrogen technology

Germany-based MAN Energy Solutions  announced it has become a partner of the Bavarian Hydrogen Council, focusing on expanding hydrogen technology in Bavaria. As partner, the company will work with other major players from politics, finance and science to drive the development of hydrogen technology as an important energy source for the future.

This news was announced by Bavarian Premier Dr. Markus Söder and Hubert Aiwanger, Bavarian Minister for Economic Affairs, Regional Development and Energy...

https://safety4sea.com/man-energy-solutions-to-promote-hydrogen-technology/

38 new UK offshore projects could be sanctioned by 2022

A new wave of UK field development projects are to be sanctioned towards 2022, poising the UK offshore scene for a timely comeback, according to data provided by energy research firm Rystad Energy.

Rystad forecasts that final investment decisions (FIDs) could be reached on as many as 38 new UK offshore projects over the next three years, representing $22.6 billion in greenfield expenditure if UK prospective resources live up to expectations.

If operators’ plans play out as intended, the 38...

https://safety4sea.com/38-new-uk-offshore-projects-could-be-sanctioned-by-2022/

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