The idea behind voluntary offsets is simple: if your activities lead to the release of X tonnes of greenhouse gases a year, then you pay to offset an equivalent amount.
As the oil and gas sector’s biggest markets are set to shrink over the long term, because of moves to decarbonise the economy, a logical question for leaders in the industry is where to seek revenues in future.
An estimated 467MW of floating wind capacity is anticipated to be operational by 2026 in Mainland (ML.) China with the first turbine commissioned in 2021. ML. China currently ranks fifth globally in terms of installed capacity and this could speed up…
The UK’s Contracts for Difference (CfD) scheme has played a key role in developing the country’s offshore wind industry – 65% of operational and EPCI capacity is now supported by a CfD. Industry experts were closely following the results of the fourth CfD auction; would the scheme remain as popular as in previous years?