Subscribe | Register | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
Search
Related Articles
Taiwan joins Asian carbon trading push
Newly launched Taiwan Carbon Solution Exchange is expected to enable companies to trade in both domestic and international credits
VCMI acts to boost trust in offsets
Non-profit group launches rulebook for companies claiming climate progress on the back of purchased offsets
Denmark awards licences to CCS frontrunners
TotalEnergies, Wintershall Dea and Ineos secure first exclusive licences to explore potential offshore storage sites
Shell delivers first cargo under Giignl green LNG rules
Cargo shipped from Gorgon project to Taiwan is first to verify GHG-neutral status using guidelines set by International Group of Liquefied Natural Gas Importers
Renewables count the cost of rate hikes
Levelised cost of electricity rises on higher cost of capital but renewables remain highly competitive against fossil fuels
US opens first California offshore wind auction
First lease sale on the west coast to be held in December
Energy crisis will not derail transition – DNV
Falling cost of renewables and rising carbon prices will outweigh short-term turbulence, risk management firm says in new forecast
Floating offshore wind capacity doubles in 2022
Sector is likely to continue to gain momentum as costs fall
Mainstream targets energy major status by 2030
New ownership positions renewables project developer for transition to long-term asset owner and operator
Geopolitical risks threaten transition
Russia’s invasion of Ukraine has underscored how energy can be weaponised in times of conflict
Marine life naturally coalesces around offshore foundations
Wind Offshore Orsted Taiwan Gulf of Mexico North Sea Decommissioning
Polly Martin
11 May 2022
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Orsted to trial offshore wind-to-reef initiative in Taiwan

Reefing offshore installations could improve ocean biodiversity but faces regulatory obstacles in the US and Europe

Danish energy company Orsted is to undertake a proof-of-concept study for its ‘Recoral’ method of fostering coral reefs around offshore wind turbines. The trial will take place at its 605MW Greater Changhua 1 project in Taiwan, in collaboration with local research institute the Penghu Marine Biology Research Center. Rising sea temperatures are leading to coral bleaching and death in many parts of the world, destroying the habitat of reef animals. However, turbine foundations can combat the effect by encouraging the vertical mixing of ocean water, according to Orsted. The company successfully grew juvenile corals on underwater steel and concrete substrates at a quayside test facility in Taiwa

Also in this section
UAE gets behind carbon markets
27 September 2023
Investment in African offsets and ambitions to create a trading hub demonstrate Mideast Gulf state’s commitment to growing markets
Taiwan joins Asian carbon trading push
26 September 2023
Newly launched Taiwan Carbon Solution Exchange is expected to enable companies to trade in both domestic and international credits
Letter on carbon: Direct action
22 September 2023
A flurry of interest in direct air capture signals a key role for the technology in the push for net zero
SLB on mission to halve cost of carbon capture
21 September 2023
Technology company says its latest technologies can achieve 30–50% cost reductions at the capture stage

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2023 The Petroleum Economist Ltd
Cookie Settings
;

Search