This month we welcome Jan Horyon as business development director Nederland . This highly seasoned professional will introduce 247 energy production & storage solutions in the Dutch market. More positive energy to tackle climate change. 247 Netherlands is based in Eindhoven, Steenoven 44.Continue Reading
247’s decentralized energy production fits both in existing grids or can operate stand-alone and generate energy for local needs. 247 can also serve as grid-backup when there is no renewable energy (solar/wind) available. The system is containerized and can be implemented onsite in half a day.Continue Reading
In 2019 Qatar was the largest LNG exporter with a volume of 107billion cubic meters, closely followed by Australia (104 million cm) and USA (47 mCM). The largest world’s importer of LNG is Japan, the country imported 105.5 billion cubic meters. Next largest importer is China with 84.8 billion cubic meters. source: StatistaContinue Reading
Chevron believes in gas as a transition fuel versus wind or solar. Chevron has multiple liquefaction projects in Australia and Africa. And is one of the biggest LNG exporters and operator of liquefaction projects in those countries. The sharelholders voted in favour of a non-binding resolution calling on the company to reduces emissions generated by...Continue Reading
Shell increased its production in 2020 to 360 million Tonnes. Despite the global GDP lost several trillion dollars because large and small economies struggled by the COVID-19 outbreak. Still the two largest countries by population, India and China, saw an increase of 11% in their LNG import. By 2040 global LNG demand is expected to...Continue Reading
DSME leading LNG carrier sets up new research center for new shipbuilding technologies. Daewoo Shipbuilding and Marine Engineering is one of the largest LNG carrier builders. They set up an alliance between universities from over the whole world (USA, Scotland & south Korea) together with leading maritime classification societies. Source: LNG JournalContinue Reading
Qatar is moving forward with it’s production capacity since LNG prices are rising to high prices. May 2020 when spot price was at all time low ($2/MMBtu) hence the oversupply. On January 11th 2021 LNG spotprice banked at $28.22/MMBtu, hence an extreme cold in south asia which increased demand highly. Source : SPG globalContinue Reading
Timor-Leste, or East Timor, a Southeast Asian nation occupying half the island of Timor, is ringed by coral reefs teeming with marine life. The parliament of Timor-Leste voted in favor Tuesday of ratifying a maritime boundary treaty with Australia that governs how the two countries will share billions of dollars of oil and gas riches...Continue Reading
The cultural hot spot ‘Kursaal Oostende’ generates since today all of it electricity, heat and cooling themselves. The building (located in Oostende, Belgium) had a grid connection, but selects 247 Energy solution to disconnect from that grid to (1) safe a considerable amount each year, (2) generate own energy (and prevent issues with power shortages...Continue Reading
On 11 June 2019, patent authorities have granted 247 a patent for its compact power plant (1025698). We are committed to deliver innovations in the energy field and contribute to a cleaner energy production infrastructure.Continue Reading
