Masdar and Statoil to explore Batwind at Hywind Scotland
The Abu Dhabi Future Energy Company (Masdar) and Norwegian oil and gas company, Statoil, has announced the signing of a collaborative agreement.
The two companies will analyse data from the world’s first floating wind farm’s integrated energy storage system.
Masdar and Statoil will explore Batwind, which was designed for Hywind Scotland, for potential applications and business opportunities.
The aim of the exploration of the battery is to improve operational cost efficiencies of offshore wind farms, through purchasing, testing, and installing Batwind.
“The intermittent nature of solar and wind energy pose challenges for dependable power supply and grid stability. Energy storage is key to overcoming these challenges and unlocking the full potential of renewables,” said Bader Al Lamki, Executive Director for Clean Energy at Masdar.
“By partnering with Statoil on the Batwind project, Masdar is addressing this critical need for affordable, reliable and regionally-optimized battery technologies and strengthening the viability of energy storage solutions.”
“This has the potential to deliver far-reaching benefits in the development of renewables as a baseload power source.”
The agreement was signed during the Abu Dhabi Sustainability Week 2018, by Bader Al Lamki and the Head of Hywind Development in New Energy Solutions, Sebastian Bringsvaerd.
Trafigura and Yara International explore clean ammonia usage
Reducing shipping emissions is a vital component of the fight against global climate change, yet Greenhouse Gas emissions from the global maritime sector are increasing - and at odds with the IMO's strategy to cut absolute emissions by at least 50% by 2050.
How more than 70,000 ships can decrease their reliance on carbon-based sources is one of transport's most pressing decarbonisation challenges.
Yara and Trafigura intend to collaborate on initiatives that will establish themselves in the clean ammonia value chain. Under the MoU announced today, Trafigura and Yara intend to work together in the following areas:
- The supply of clean ammonia by Yara to Trafigura Group companies
- Exploration of joint R&D initiatives for clean ammonia application as a marine fuel
- Development of new clean ammonia assets including marine fuel infrastructure and market opportunities
Magnus Krogh Ankarstrand, President of Yara Clean Ammonia, said the agreement is a good example of cross-industry collaboration to develop and promote zero-emission fuel in the form of clean ammonia for the shipping industry. "Building clean ammonia value chains is critical to facilitate the transition to zero emission fuels by enabling the hydrogen economy – not least within trade and distribution where both Yara and Trafigura have leading capabilities. Demand and supply of clean ammonia need to be developed in tandem," he said.
There is a growing consensus that hydrogen-based fuels will ultimately be the shipping fuels of the future, but clear and comprehensive regulation is essential, according to Jose Maria Larocca, Executive Director and Co-Head of Oil Trading for Trafigura.
Ammonia has a number of properties that require "further investigation," according to Wartsila. "It ignites and burns poorly compared to other fuels and is toxic and corrosive, making safe handling and storage important. Burning ammonia could also lead to higher NOx emissions unless controlled either by aftertreatment or by optimising the combustion process," it notes.
Trafigura has co-sponsored the R&D of MAN Energy Solutions’ ammonia-fuelled engine for maritime vessels, has performed in-depth studies of transport fuels with reduced greenhouse gas emissions, and has published a white paper on the need for a global carbon levy for shipping fuels to be introduced by International Maritime Organization.
Oslo-based Yara produces roughly 8.5 million tonnes of ammonia annually and employs a fleet of 11 ammonia carriers, including 5 fully owned ships, and owns 18 marine ammonia terminals with 580 kt of storage capacity – enabling it to produce and deliver ammonia across the globe.
It recently established a new clean ammonia unit to capture growth opportunities in emission-free fuel for shipping and power, carbon-free fertilizer and ammonia for industrial applications.