Shell, together with American NuScale Power and other industrial companies, will research a small nuclear reactor that makes hydrogen. Shell is interested in the technology because it could potentially produce hydrogen cheaply without releasing CO₂. NuScale is so far the only company in the US to have received approval for its small modular reactor (SMR) […]
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The Netherlands – In Borssele, the Dutch government proposes to build two new nuclear power facilities. The government would financially support the development of the power stations, which must be operational by 2035 at the latest.
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Europe – Nearly all of Europe’s 30 GW of offshore wind farms are linked to the energy system via subsea power cables that go from each individual wind farm back to home nation. Many of them will connect to new “energy islands” in the not-too-distant future, centralizing the transmission of the energy they create.
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Norway – Equinor and Hitachi Energy have agreed to work together on electrification, the production of renewable energy, and low-carbon initiatives across the globe.
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The Netherlands – In the fossil energy industry, new projects will no longer be eligible for export credit insurance as of January 1, 2023, unless they are in conformity with the international agreement to keep global warming to 1.5 degrees.
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Denmark – The Danish government has decided to mandate Ørsted to keep and restart operations at three of its power station units that utilize oil and coal as fuel in order to safeguard the reliability of Denmark’s electricity supply.
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At the end of 2022, Ben van Beurden will leave his position as Shell’s CEO, and Wael Sawan will take over.
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The Netherlands – The new consortium Iron+ and brewery Swinkels are building a commercial power plant on iron powder. According to the initiators, the plant will have a “megawatt size” and will provide Swinkels with sustainable process heat for the next twenty years.
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Germany/Denmark – Germany and Denmark have agreed to a $9 billion contract to develop an energy island in the Baltic Sea.
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The Netherlands – Nyrstar’s zinc smelter in Budel will be put in mothballs from 1 September until further notice. Or in professional terms: in care and maintenance. Nyrstar’s zinc production has been under pressure for some time now due to the much higher electricity prices. The company cannot pass these costs on to the customer because the prices are determined on the world market. As a result, margins are evaporating.
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