Orsted Pulls Trigger on First Green Hydrogen Project – gCaptain gcaptain.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gcaptain.com Daily Mail and Mail on Sunday newspapers.
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Longer-term winners included luxury goods and renewables, which Goldman Sachs analysts said would continue to outperform Getty Images
The European equity recovery can continue in 2021 along with the rise of renewables, while the rotation into Value stocks is likely to keep going, according to
The pan-European
Stoxx 600 index has rallied 20% since October and trades at a 12-month forward price-to-earnings ratio of 17.9, which Goldman analysts said was a high outside the Tech bubble era. However, they said the recovery was set to continue, forecasting the index to reach 430 by the end of 2021 just shy of its February 2020 peak, and around 5% higher than Monday’s price.
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POWER Offshore Wind Notebook: GE Boosts Haliade-X to 14 MW; Dominion Kicks Off 2.6-GW Virginia Project; Vestas Absorbs MHI Vestas
The past week has marked several significant developments in the offshore wind segment. GE Renewable Energy snagged a key agreement for the third 1.2-GW phase of the 3.6-GW Dogger Bank wind farm in the UK, saying the project will use an “upscaled” 14-MW version of its Haliade-X wind turbine. In a potential win for Siemens Gamesa, Dominion Energy filed a construction and operations plan for its 2.6-GW wind farm offshore Virginia the biggest project planned in the U.S. so far aiming to begin construction in 2024.
by Nick Silvis (Advanced Biofuels USA)The world is undergoing drastic climate and ecological changes which will have dire ramifications on all facets of global activity. Critical trade relationships, such as the one between the United States and Europe, are facing increased opportunity and risk as the world’s economies shift to a new paradigm.
The existing Emissions Trading Scheme, in tandem with the European Green Deal’s commitment to a 55 percent reduction in emissions by 2030, is likely to result in the transition to energy-intensive manufacturing overseas. In an effort to guard against this carbon leakage, the European Union Green Deal aims to apply carbon taxes to imports through a carbon border adjustment mechanism. Similarly, the United States has proposed more than a half dozen carbon tax related bills in the past three years.[1]