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OMNI Features｜North Sea oil and Gas Firm Petrofac Files for Administration
Oct. 27 2025
OMNI Features｜North Sea oil and Gas Firm Petrofac Files for Administration
Energy services group Petrofac has filed for administration, a move affecting its holding company but not its core North Sea operations. The decision follows the collapse of a financial restructuring plan after Dutch grid operator TenneT terminated a major offshore wind contract.
OMNI Features｜South Korea Would Accept a Trump-Kim Deal to Freeze Nuclear Programme, President Tells BBC
Sep. 22 2025
OMNI Features｜South Korea Would Accept a Trump-Kim Deal to Freeze Nuclear Programme, President Tells BBC
South Korean President Lee Jae Myung told the BBC he would accept a potential deal between Donald Trump and Kim Jong Un that freezes North Korea's nuclear weapons production, describing it as a "feasible, realistic alternative" to full denuclearisation.
Taiwan's First Landmark Book on VPPs "Virtual Power Plants: Comparison of Market-Driven and Government-Led Mechanisms" Now Available
Sep. 13 2025
Taiwan's First Landmark Book on VPPs "Virtual Power Plants: Comparison of Market-Driven and Government-Led Mechanisms" Now Available
As the global community accelerates toward energy transition and net-zero carbon targets, Taiwan welcomes the publication of its first dedicated volume on Virtual Power Plants (VPPs). Published under the Taiwan Alliance for Energy Digital Transformation (TAEDT), this pioneering book provides a comprehensive comparison of VPP models in Germany, the United States, Japan, and Taiwan. It explores the strengths and constraints of both market-driven and government-led frameworks, offering critical insights for shaping Taiwan's future energy strategy.
OMNI Features｜UK-Brazil Team Unveils Snake-Like Robot for Offshore Wind Farms Inspections
Sep. 03 2025
OMNI Features｜UK-Brazil Team Unveils Snake-Like Robot for Offshore Wind Farms Inspections
A joint team from the U.K.'s National Robotarium and Brazil's Senai Cimatec has developed a flexible underwater robot designed to transform offshore wind farms inspections. The one-meter-long, tentacle-like device uses a soft backbone and tendon-like cables to maneuver around complex subsea structures, offering a safer and more precise alternative to traditional rigid systems.
OMNI Features｜U.S. Halts Ørsted's Revolution Wind Offshore Wind Project over Security Concerns
Aug. 25 2025
OMNI Features｜U.S. Halts Ørsted's Revolution Wind Offshore Wind Project over Security Concerns
The U.S. government has ordered Ørsted, the Danish energy company, to suspend work on its offshore wind project, Revolution Wind, citing national security concerns.
News report
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TOWIA Supports Reasonable Electricity Price Adjustment for Taiwan Offshore Wind Enters Zero Subsidy
Apr. 03 2024
TOWIA Supports Reasonable Electricity Price Adjustment for Taiwan Offshore Wind Enters Zero Subsidy
The Taiwan Offshore Wind Industry Association (TOWIA) responded to the recent announcement of Taipower's policy to raise residential and industrial electricity prices, stating that Taiwan's electricity prices have long failed to reflect actual costs. With international fuel prices rising recently, Taipower's finances have been heavily impacted. TOWIA supports reasonable electricity price adjustments, advocating for electricity users to moderately share the internal costs such as generation, transmission, and distribution as external costs like environmental impacts, aiding in the overall decarbonization process of industries and society.
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Taipower Set Up Response Center To Closely Grasp The Power Supply Status After The Earthquake
Apr. 03 2024
Taipower Set Up Response Center To Closely Grasp The Power Supply Status After The Earthquake
Following the earthquake with a magnitude of 7.2 on the Richter scale that occurred at 7:58 a.m. today (April 3rd, 2024), Taipower promptly established a response center to swiftly assess the condition of the power grid. As of 11:30 a.m. today, reports indicate a total of 354,534 power outages across Taiwan. Subsequently, restoration efforts have successfully reinstated power to over 90 percent of affected households, approximately totaling 342,968 residences. However, approximately 11,566 households remain without power at present.
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OMNI Features｜New Zealand to Propose Classification Rules for Financial Industry to Address Climate Change．Denmark Passes Construction Waste Recycling Laws．New Taipei City Introduces Zero Carbon Demonstration Sites to Facilitate Implementation of VPP for Energy Conservation
OMNI Features｜New Zealand to Propose Classification Rules for Financial Industry to Address Climate Change．Denmark Passes Construction Waste Recycling Laws．New Taipei City Introduces Zero Carbon Demonstration Sites to Facilitate Implementation of VPP for Energy Conservation
To promote green and sustainable finance, the New Zealand government has established the specialized Inclusive Trade Action Group (ITAG), comprising experts and industry stakeholders. The objective is to provide comprehensive recommendations by June 2024 and develop a clear classification system to identify economic activities and assets that align with sustainability and low-emission transition. This initiative aims to enhance the confidence of investors, businesses, and market participants while reducing uncertainty surrounding "green" financial products.
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OMNI Features｜The Norwegian Government Establishes "Common State Aid Model" Postpones Floating Wind Tender Until 2025．South Korean Unveils 100 Trillion Won Plan to Promote Offshore Wind．Minister of Energy States Canada's Lack of Interest in Investing in LNG Facilities
Apr. 02 2024
OMNI Features｜The Norwegian Government Establishes "Common State Aid Model" Postpones Floating Wind Tender Until 2025．South Korean Unveils 100 Trillion Won Plan to Promote Offshore Wind．Minister of Energy States Canada's Lack of Interest in Investing in LNG Facilities
The award of 1.5 GW of floating wind capacity in Norway, which was planned for this year, will be held in 2025 as the Norwegian government plans to have the subsidy model in place and announced before allocating the Utsira Nord (Utsira North) offshore areas for development.
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OMNI Features｜US start-up Electra Aims for Clean Zero-Carbon Steel Production．Final Investment Decision for the Development of Vietnam Block B Gas Field．The US Announces $4 Billion in Tax Credits to Build Clean Energy Supply Chain
Apr. 01 2024
OMNI Features｜US start-up Electra Aims for Clean Zero-Carbon Steel Production．Final Investment Decision for the Development of Vietnam Block B Gas Field．The US Announces $4 Billion in Tax Credits to Build Clean Energy Supply Chain
US start-up Electra announced on Wednesday that it has commissioned its pilot plant in Colorado to produce clean metallic iron from high-impurity ores using renewable energy. In 2022, Electra raised $85m to support its plan from backers including Breakthrough Energy Ventures, the energy innovation fund of Microsoft founder Bill Gates.
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TAISE 2024 Hosts the 4th Taiwan Sustainable Investment Forum (Taiwan SIA) Introducing Additional Bond and Fund Awards
Apr. 01 2024
TAISE 2024 Hosts the 4th Taiwan Sustainable Investment Forum (Taiwan SIA) Introducing Additional Bond and Fund Awards
The Taiwan Institute for Sustainable Energy (TAISE) is gearing up for the 2024 Fourth "Taiwan Sustainable Investment Forum (Taiwan SIA), which is now open for registration. TAISE is expanding the Taiwan SIA event and introducing new awards for "Sustainable Bonds" and "Sustainable Funds" to incentivize institutions to comprehensively incorporate environmental, social, and corporate governance factors into their investment decisions.
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OMNI Features｜France Plans to Build Uranium Recycling Plant to Reduce Dependence on Russia．AU Proposes $1 Billion Fund to Expand Solar Panel Production．Taiwan Kaohsiung Implements 1,720 Smart Parking Spaces－Reducing 1.3 Tons of Carbon Emissions
Apr. 01 2024
OMNI Features｜France Plans to Build Uranium Recycling Plant to Reduce Dependence on Russia．AU Proposes $1 Billion Fund to Expand Solar Panel Production．Taiwan Kaohsiung Implements 1,720 Smart Parking Spaces－Reducing 1.3 Tons of Carbon Emissions
The French government is earnestly considering building a factory in France capable of converting and enriching recycled uranium to reduce its reliance on Russia for nuclear fuel processing. Currently, only one factory globally can convert recycled uranium into fuel for nuclear power plants, and it is located in Russia. Despite the ongoing Russo-Ukrainian War entering its third year, the French state-owned electricity group has yet to halt its uranium trading plans with Russia.
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AtoZero Asia – Driving Asia's Net Zero Energy Transition at the Region's Premier Industry-led Platform
Mar. 29 2024
AtoZero Asia – Driving Asia's Net Zero Energy Transition at the Region's Premier Industry-led Platform
Anchored in Singapore, the summit and exhibition will facilitate impactful leadership dialogues, investments, and innovations at Marina Bay Sands, Singapore from 16 – 18 April 2024.
