How to make your next holiday better for the environment 
Louis Vuitton Opens New Jobs for Women in S. Korea 
Porsche Design Collaborates With PUMA For 3D MTRX Sneakers 
DSME to Start Afresh as Hanwha Ocean After Completion of Takeover Deal 
Barry Callebaut and Maersk To Build Cocoa Bean Warehouse in Malaysia 
Naver Reportedly Blocked in China 
Virgin Orbit Closes After Bankruptcy Declaration, Sells Remaining Assets 
Cathay Pacific Sacks 3 Crew Members For Discriminating Against Non-English Speakers 
Apple Reveals Broadcom Deal to Develop 5G Components 
Kakao To Switch To 100% Renewable Energy By 2040 
Ford Motor, Tesla Sign Partnership Deal for EV Charging in Surprising Move 
Panera Brands Promotes Exec to CEO Post Amid IPO Plans 
Tinubu inherits Nigeria’s high debt – an economist analyses what this means for the country's future 
Burger King Ordered to Compensate Injured Customer With Almost $8M Payout 
Get ready for a busy Pacific hurricane season, quieter Atlantic than recent years thanks to El Niño 
Aeon To Develop 20 More Shopping Centers in Vietnam 
ABB Collaborates With Lhyfe, Skyborn in 600-MW Swedish Green Hydrogen Project 
- News
- Economy
- Central Banks
- Investing
- Research
- Roundups
- Digital Currency
- Insights
- Technical Analysis
- Technology
- Business
- Law
- Health
- Nature
- Fintech
- Science
- Topic
- Opinions
- ©PUBLISH holdings LLC . All Rights Reserved.
Shell Joins Consortium Developing Danish Energy Island
The plan is for the companies to install an energy island around 80 km-100 km off Denmark’s western coast, bringing together offshore wind, energy storage and Power-to-X technologies.
Shell Plc has joined the consortium developing the first energy island project in the Danish North Sea that would deliver power from 10 GW of offshore wind turbines to Denmark and nearby countries.
The Copenhagen Infrastructure Partners (CIP), which is leading the VindO consortium, announced Shell’s participation. Danish pension funds PensionDanmark and PFA and utility Andel round off the list of other members.
The plan is for the companies to install an energy island around 80 km-100 km off Denmark’s western coast, bringing together offshore wind, energy storage and Power-to-X technologies.
The consortium will seek support for the initiative in an upcoming solicitation to be held by the Danish Energy Agency. Contractors were selected in November 2021.
A year ago, Germany, Denmark, Belgium and the Netherlands pledged to pursue a tenfold increase in the installed North Sea wind capacity.
The four nations will seek to reach at least 65 GW of offshore capacity by end-2030 and then more than double it to at least 150 GW by 2050.
Editor's Picks
- Market Data
