About 70 % of this increased demand will come from Asia and North America. And the rise will be linked to a more active shift by consumers from coal to gas for power generation, industry and household consumption and increased use for gas engine fuel.
By 2050, Novak said, the share of natural gas in the world energy balance could amount to 28 %. And the volume of the LNG market could double or more. The world economy will need 18.19 billion tonnes of oil equivalent of primary energy.
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Indian electricity company Rewa Ultra Mega Solar Limited (RUMSL) will build the world’s largest floating solar power plant (SPP), which will be of 600 MW capacity, The Economic Times reports. The project, which is estimated to be worth ₹3,000 crores ($468 million) will be implemented at the Omkareshwar reservoir located in Madhya Pradesh state, central India.
German renewable energy producer RWE has commissioned the wind turbines equipped with recyclable blades, as part of the 342-MW Kaskasi offshore wind farm located in the North Sea. The initiative can make an important contribution to recycling solution for used wind generators.
As the Recharge News, an industry publication says, the world’s first ship to be powered by solid hydrogen will be launched in a port in Amsterdam in June 2023. The ship was named Neo Orbis, from the Latin Neo (new) and the ancient Greek Orbis (world), will be built by the Dutch Next Generation Shipyards supported by the European program H2Ships.
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